Payments-technology provider Repay Holdings Corp. said it has struck a deal with processor Paysafe Group to allow Repay merchants to receive cash payments at any of 60,000 retail locations linked to Paysafe’s eCash service.Liv.rent, a platform for apartment tenants to pay rent, introduced a capability allowing tenants to pay in Bitcoin while landlords receive …
Read More »How Insurers Have Proven To Be a Big Growth Market for Digital Payouts
The advent of real-time payments, account-to-account transfers, and card-based disbursements is making it easier for consumers to receive claims funds much quick than waiting for a paper check. State Farm Insurance Cos. is one of the latest providers with its release earlier this month of Digital Pay, a service provided …
Read More »dLocal Launches IPO and other Digital Transactions News briefs from 5/25/21
Payments platform dLocal Ltd. announced the launch of its initial public offering involving more than 29 million shares with an estimated price range of $16 to $18 per share.ACI Worldwide Inc. is collaborating with JPMorgan Chase & Co. to combine Chase’s European acquiring platform with ACI’s payments platform in an offering to merchants …
Read More »GreenBox Gains a BIN From Merrick Bank As It Eyes Bigger Merchants for Blockchain Processing
Much of the publicity swirling around blockchain technology concerns its use for recording and managing cryptocurrency, but there has been little talk about using blockchain to manage merchant transactions. GreenBox POS, a San Diego-based processor, changed that on Monday with its announcement that it has secured a bank identification number, or …
Read More »Tappit Lands College Deal and other Digital Transactions News briefs from 5/24/21
Payments technology provider Tappit said it is providing its white label, touchless mobile payment service to Learfield IMG College, a media and technology services company in intercollegiate athletics. Learfield will offer the service to university athletic departments that can integrate the service into their mobile apps.Payments provider Rev19 LLC, founded in 2017, has rebranded as …
Read More »Passport Secures $90 Million in Funding and other Digital Transactions News briefs from 5/21/21
Passport Labs Inc., a parking-app developer, reported it has received $90 million in growth capital from Sixth Street Growth.Mastercard Inc. announced a line of prepaid cards that allows users to contribute to wildlife preservation. The program allocates $1 for each card purchased to Conservation International.Banking-software provider Temenos says money-transfer firm Wise joined the …
Read More »A Standalone Kitchen Display Pushes Square Deeper into Restaurant Management Software
The Covid-19 pandemic forced many restaurants to change the way they do business by providing online and mobile ordering, and even setting up pickup and delivery-only kitchens to meet consumers’ changing ordering preferences. With that need in mind, Square Inc. on Thursday announced its kitchen-display system, Square KDS, will now …
Read More »Eye on Acquirers: Paysafe Launches a Virtual Visa for Skrill, And Nuvei Advances in Sports Betting
Paysafe Group Holdings Ltd. said Thursday it is launching in the U.S. market a digital version of its Visa-branded Skrill prepaid card. A Web version is available now, while an app that works with Paysafe’s Skrill wallet coming later this year. As with physical version of the card, the virtual …
Read More »Certegy Debuts White-Label BNPL Option and other Digital Transactions News briefs from 5/20/21
Certegy Payment Solutions LLC added a white-label version of its buy now, pay later service that enables merchants to add their own branded BNPL option.Buy now, pay later specialist Quadpay Inc. said its inaugural “Quadpay Fest” sale, which offered deals to users over a four-day period, saw 40% of purchases on average made …
Read More »Eye on E-Commerce: Digital River’s Single Integration; BitPay Signs Jomashop for Crypto
With consumers flocking to online stores and marketplaces, processors and technology providers are carving out new paths to make it easier to sign up sellers and process their transactions. The latest development comes from commerce platform Digital River, which on Wednesday launched a program that allows independent software vendors and …
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