Wednesday , April 17, 2024

Mobile Commerce

Software Firm Endava Signs on for an Integration With the Upcoming Paze Wallet

Paze, the upcoming digital wallet backed by banks, has lined up an integration with Endava plc, a software-development firm. Announced Wednesday, the integration, which will be available when Paze launches in 2024, means merchants that use Endava can offer the Paze online checkout. London-based Endava says the simplified checkout will …

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KyckGlobal’s Cash Bill-Pay Option And Other Digital Transactions News briefs from 12/6/23

Exceleron, a payments service for utility companies, said it is working with payments platform KyckGlobal to allow persons to pay a utility bill with cash at certain ATMs. Dash Solutions acquired KyckGlobal in August. Payments and loyalty platform Givex announced an integration with Uber Direct to enable merchants to add on-demand delivery service to …

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Adyen Enters the Acquirer Role for Tech-Centered Payments Provider Klarna

Financial technology platform provider Adyen NV late Monday announced it will become the acquiring bank for global payments platform Klarna AB next year for markets in North America, Europe, and Asia. The deal expands the companies’ more than decade-old partnership through which Adyen offers Klarna’s payment options to consumers, including …

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COMMENTARY: Why Networks Should Welcome, Not Fear, Open Banking

As readers of this article likely know, banks have traditionally kept customers’ financial data within their own closed systems. Open banking allows for financial data to be shared between banks and third-party service providers, using application programming interfaces. With open banking, consumers can dictate what data can be shared with …

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Small Businesses Are Falling Down Online, Gen Zers And Millennials Say

Small businesses are failing to offer the online experiences Gen Zers and Millennials expect, especially when it comes to payments, reveals a survey by GoDaddy Inc., an Internet domain registry and payments-technology company. While 73% of Gen Zers and 83% of Millennials say a buy online, pickup in-store (BOPIS) option …

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MiCamp and Cocard Deepen Alliance And Other Digital Transactions News briefs from 12/4/23

MiCamp Solutions said it increased its investment and involvement with Cocard, a unique owner-operated independent sales organization. Terms were not disclosed, though MiCamp said collectively the alliance will serve more than 46,000 merchants and process more than $40 billion in annual transaction volume. Payments provider Nuvei Corp. has agreed to process online transactions …

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Like Many in Payments, Gateways Seek Software Companies

Software companies are a preferred client for payment gateways, with 74% of gateways targeting them in their sales efforts, according to the latest edition of the Payment Gateway Directory from TSG, formerly The Strawhecker Group. TSG says in addition to software companies as favored clients, 83% of gateways target merchant …

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Shift4 Grows Its Relationship With the Orlando Magic; Cheq Partners With Loud And Live

Shift4 Payments Inc. continues to build out its footprint in sports and entertainment venues through an expanded deal with the Orlando Magic of the National Basketball Association. Under the terms of the deal, announced early Wednesday, Shift4 will process transactions at all concession stands within the Amway Center, home of …

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Nuvei Launches Issuing Program And Other Digital Transactions News briefs from 11/29/23

Nuvei Corp. launched card issuing in 30 markets in Europe with 2024 plans to expand it to the United Kingdom, the United States, and Latin America. The program enables clients to offer physical and virtual white-labeled cards. Payments-technology provider BHMI said it will market its software through a reseller agreement with NCR …

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Online Sales And BNPL Transactions Hit Record Highs on Cyber Monday

Online shoppers spent a record $12.4 billion on Cyber Monday, a 9.6% increase from the previous year, according to Adobe Digital Insights. The peak spending period came between 10 p.m. and 11 p.m. Eastern Time, when consumers spent $15.7 million every minute during that hour. Buy now, pay later was …

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Digital Transactions