Marketing

Ackroo Inc., a Canadian gift card and loyalty platform, announced early Friday it has reached a “definitive” agreement to be acquired by Paystone, a Canadian-based gift card and loyalty processor, in an all-cash deal for $21 million. Paystone will acquire all of the issued and outstanding shares of Ackroo at …

Canada-based processor Nuvei Corp. announced an expansion of its Google Pay offering to merchants throughout Latin America. The company already offers the wallet in the U.S., European, Asia-Pacific, and Australian markets. Grocery e-commerce platform eGrowcery said it and Forage, a payments provider that can process online EBT SNAP payments, are working on a service …

SurgePays Inc. is integrating its ClearLine marketing platform with Fiserv Inc.’s Clover point-of-sale technology set. The integration will enable small and mid-size merchants to deliver marketing and customer-engagement strategies at the point-of-sale. The integration adds value to independent sales organizations’ offerings by providing advanced marketing capabilities at the point of …

ATM makers are preparing for the next software evolution for cash-dispensing and deposit machines, as evidenced by Diebold Nixdorf Inc.’s implementation of the Microsoft Windows 11 operating system on devices managed by two banks in Central Asia. Other makers, such as Hyosung Americas, are readying their systems to support Windows …

Restaurant server tips averaged 18.8% in the third quarter, unchanged from the second quarter, according to data from Toast Inc.’s Q3 2024 Restaurant Trends Report. The research gathered data from approximately 127,000 locations served by the Toast payments platform. Amazon.com Inc.’s Amazon Seller Central will integrate AI-based payments and financial-management tools from Intuit Inc. …

Consumers holding Bank of America Corp. credit and debit cards now have access to the Paze online checkout following BofA’s  declaration that all of its eligible cards are now enabled for the e-commerce service. Paze is an online-checkout service developed by Early Warning Services LLC. It is designed to provide …

The latest J.D. Power U.S. Small Business Credit Card Satisfaction Study finds that 46% of small businesses that use credit cards say their financial state is better than it was a year ago, with most—49%—describing it as about the same. The study delved into how small businesses use credit cards, …

Payments acceptance provider Evolv Inc. said it will acquire payments provider EnzoPay and rename it Evolv Mid-Atlantic. Terms were not disclosed. The Fiserv Small Business Index dropped two points to 144 in November from October. Year-over-year small business sales increased 4.8% and total transactions were up 9.1%. Month-over-month sales were down 1.6% and transactions …

Online shoppers spent a record $10.8 billion on Black Friday, a 10.2% increase from a year ago, according to preliminary data from Adobe Digital Insights. Online shoppers were especially active between 10 a.m. and 2 p.m. on Friday, spending $11.3 million per minute during that period. Products seeing the strongest …

Hospitality platform provider PushX Inc. will launch its new mobile-payments and offers platform with a bar crawl it says is designed to showcase the customer experience, how merchants can push offers, and how it could enable faster service. Chicago-based PushX says the hospitality platform, announced Tuesday, can help consumers discover …