Digital Transactions Authoritative, insightful and timely information for payments professionals
Mercari, an online marketplace for second-hand goods, said consumers can use buy now, pay later services from Zip Co., formerly Quadpay, on its Web site.Buy now, pay later specialist Uplift Inc. said consumers who book with Sixthman, a music-festival organizer on cruise ships, can pay for their tickets in monthly installments. Sixthman is …
September, 2021
August, 2021
-
26 August
LaCore To Offer Sezzle to Merchants and other Digital Transactions News briefs from 8/26/21
Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the …
-
23 August
An Acquisitive Paysafe Strikes a Deal to Acquire viafintech, a German Payments Provider
Fresh off a pair of acquisitions in the Latin American market, Paysafe Group Holdings Ltd. over the weekend announced a major move into the European Continent with a deal to acquire viafintech, a neobank and payments provider based in Berlin, in an all-cash transaction. Terms were not announced. The deal …
-
23 August
Delivery Delays Spawn 45% of Chargebacks and other Digital Transactions News briefs from 8/23/21
Of 500 companies that process at least 500 online monthly transactions, 58% say their chargeback rates have gone up since March 2020, and of these, 45% say the biggest reason likely is delivery delays, according to a survey by fraud-prevention technology firm Kount, a unit of Equifax Inc.Payment processor EirthPay announced its launch. …
-
17 August
Vending-Payments Specialist Cantaloupe Targets Micro-Markets With Its Deal for Yoke
Building on a strategy of growing share of payments in the unattended retail market, Cantaloupe Inc. announced Tuesday its acquisition of Delicious Nutritious LLC, a Los Angeles-based micro-market payments company that operates under the trade name of Yoke Payments. The purchase price was not disclosed. The deal gives Cantaloupe, which earlier this …
-
13 August
WUBS Renames as Convera and other Digital Transactions News briefs from 8/13/21
Western Union Business Solutions (WUBS), formerly a unit of the Western Union group of companies, will rename itself Convera upon its recently announced $910-million acquisition by Goldfinch Partners LLC and The Baupost Group LLC. Patrick Gauthier, most recently head of Amazon Pay, has been announced as chief executive of Convera, which …
-
10 August
Paymentus Acquires Payveris To Build Out It Bill-Pay Platform
Paymentus Holdings Inc., a provider of cloud-based bill-payment technology, announced Tuesday it has agreed to acquire Payveris LLC, a digital money-movement platform, in a deal valued at $152.2 million. Paymentus will pay 56% of the purchase price in cash and the remainder in Paymentus Class A common stock. The acquisition …
-
9 August
Circle Preps for SPAC Move and other Digital Transactions News briefs from 8/9/21
Circle Internet Financial Inc., a provider of payments based on digital currencies, filed a Form S-4 registration statement with the U.S. Securities and Exchange Commission in connection with its effort to go public via a $4.5-billion buyout by a special purpose acquisition corporation.Bill.com said KPMG Spark, an accounting service for small and medium-sized …
-
6 August
Paya Looks to M&A, ISVs, And ACH for Growth As It Reports a Strong First Quarter
Paya Holdings Inc. hasn’t let up on its search for growth via acquisitions as it plays to its strengths in integrated payments and automated clearing house processing. The Reston, Va.-based company reported early Friday a record-high $10.7 billion in payment volume for the first quarter, a number that doesn’t include …
-
5 August
Shift4 Looks to a Revamped Restaurant Platform As It Racks up a Strong Second Quarter
Top executives at Shift4 Payments Inc. said early Thursday the company will launch general availability of a new restaurant platform in the first quarter of next year. The Android-based technology will include a Quick Response-code payments option as well as capabilities for analytics, marketing, payroll, and other features, according to …
