The competition to bring digital-payments capability to sports arenas is getting hotter. FIS Inc. announced early Thursday its Worldpay unit is exclusively processing payments for tickets, concessions, and merchandise at Washington D.C.’s Nationals Park, home of the city’s Nationals Major League Baseball team. As part of the deal, Jacksonville, Fla.-based …
Read More »Famous Dave’s Picks Presto and other Digital Transactions News briefs from 4/21/22
The Famous Dave’s chain of barbeque restaurants has chosen Presto as its exclusive provider of pay-at-table technology. The chain, which operates more than 150 locations, is a unit of BBQ Holdings Inc.Payments provider Fortis announced an integration with the Oracle Payment Interface for its hospitality and retail segments. The integration is expected to ease …
Read More »Half of Consumers Consolidate Their Financial Accounts into a Single View
Only 50% of consumers in a new MX Technologies Inc. report say they have used a single digital tool to view multiple financial accounts in one view. That means the other half has yet to do so, MX says. Lehi, Utah-based MX specializes in technology that provides access to divergent …
Read More »Crypto Gateway Data Mynt Gives the Bitcoin Lightning Network a Boost
Cryptocurrency payment gateway Data Mynt Inc. on Tuesday announced support for the Bitcoin Lightning Network. Data Mynt will facilitate payments to and from all Lightning Network-enabled wallets, such as Block Inc.’s Cash App and Strike. The Data Mynt gateway, which says it is agnostic as to wallet, asset, and blockchain, …
Read More »Restaurant-Payments Startup GoTab Expands to the Northwest With Its PaySuite Partnership
The hospitality industry continues to heat up as a market for digital-payments processing and technology, attracting established players and startups alike. Early Tuesday, GoTab Inc. said it is working with business-software firm PaySuite to sell its services to restaurants in the Pacific Northwest. The first installation is a food hall …
Read More »MyPINPad In Merger and other Digital Transactions News briefs from 4/19/22
MyPINPad, a provider of mobile-based payment acceptance, has agreed to merge with SmartPesa, a payments-technology provider. Terms were not announced.Fintech AppTech Payments Corp. has agreed to acquire Hothand Inc., a patent-holding company that owns intellectual property in mobile credit and debit transaction technology as well as other fields. The purchase involves transfer …
Read More »Sila’s Instant Settlement Service and other Digital Transactions News briefs from 4/18/22
Sila Inc., a software platform for fintechs, launched Instant Settlement, a service that offers immediate access to automated clearing house debits executed on its platform.Canada-based business-to-business payments platform Versapay announced it has closed on its acquisition of U.S.-based DadeSystems, an accounts-receivable software specialist. Terms were not disclosed.Synchrony Financial reported first-quarter net earnings of …
Read More »Working With Cross River Bank, Revolut Expands Its Footprint in the U.S. Market
Revolut Ltd. continues its expansion in the United States, announcing on Friday it is partnering with technology infrastructure provider Cross River Bank to expand access to financial services to Revolut customers in the U.S. and enable Revolut to scale and expand across business verticals in the country, including credit. As …
Read More »Restaurant Chain Everbowl To Accept Bitcoin Payments and other Digital Transactions News briefs from 4/15/22
Restaurant chain Everbowl said it will accept franchise-fee payments in Bitcoin starting today. The 6-year-old company has 50 locations and plans to open more than 150 additional ones over the next three years.Gemini, a cryptocurrency platform to buy, sell, earn, and store crypto, said its Gemini Credit Card is now available in …
Read More »Often Overlooked, Checkout Is Assuming New Significance in Payments, Experts Say
Customer checkout, whether online or at a store, can be taken for granted by merchants and payments firms alike. That’s a big mistake, according to a panel of experts who spoke Wednesday about new opportunities—and threats—lurking in checkout buttons. For one thing, checkouts can represent a battleground in which players …
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