The expansion of buy now, pay later payment options in the travel industry continued with the announcement Thursday that Uplift has signed Sun Country Airlines. Through Uplift, passengers on Sun Country flights can split payments for their tickets with three, six, or 11 monthly installments as an alternative to paying …
Read More »Kasheesh Launches an App That Lets Users Split Purchases Among Their Existing Cards
While buy now, pay later financing has been a big hit with consumers, especially those who use the loans to increase their buying power or as a budgeting tool, they have come under criticism for increasing debt loads for consumers with shaky finances. That has given rise to the idea …
Read More »Adyen Expands Its Relationship With McDonald’s to The U.S. Market
Adyen NV announced late Wednesday an expansion of its agreement to process mobile-app transactions for McDonald’s Corp. to include the United States. Adyen has processed payments from mobile apps for the global restaurant chain in the United Kingdom since 2020. As part the deal, Adyen will enable consumers enrolled in …
Read More »Chargebacks911 Takes to the Air And Other Digital Transactions News Briefs from 6/23/22
Chargebacks911 said it is working with AirlinePros, a distribution company for airlines, to combat chargebacks wrongly filed against air carriers as air travel continues to recover.In related news, the Mastercard Economics Institute estimated 1.5 billion more passengers will book flights in 2022 than did so last year, indicating a rebound for air travel …
Read More »Fraudsters Favor Content Scams to Bilk Consumers Out of Crypto And Other Assets
The confluence of the explosion in digital transactions the past two years, hyper-inflation, and pent-up consumer demand has created a perfect storm that is allowing fraudsters to lure consumers into online traps that result in financial losses. A recent report from Sift Science Inc. reveals that such scams account for …
Read More »Regulation May Loom, But For Now BNPL Is Enjoying a Growth Blowout
It may have attracted the attention of federal regulators, but the buy now, pay later trend is poised for further strong growth driven by easier-to-use apps, the entry of major new players like Apple Inc., and expansion into new retail markets, according to a report issued early Wednesday. U.S. purchase …
Read More »Mastercard’s First Album and other Digital Transactions News briefs from 6/22/22
Mastercard Inc. released what it says is its first music album, featuring 10 songs that include the melody of the card network’s advertising. The album was launched at the Cannes Lions Festival of Creativity.Processor Jack Henry & Associates said more than 250 financial institutions are now using its platform, JHS PayCenter, to …
Read More »Eye on Stadium Pay: Shift4 Expands Its Portfolio; Cheq Checks in With the Miami Dolphins
Sports stadiums and entertainment venues continue to be a major focus for Shift4 Payments Inc. On Tuesday, the processor announced it will provide payment processing and online ordering for food and beverage concessions, as well as retail sales, at Nashville’s Nissan Stadium, home of the National Football League’s Tennessee Titans. …
Read More »Stripe Says It Is Remolding Bank Transfers to Ease Acceptance by Businesses
Stripe Inc. has introduced a direct-transfer product that it says allows users to send payments from their bank accounts to businesses without the account-reconciliation headaches that have historically plagued wire transfers. The new service is now available in the United States, Mexico, and the European Union, having been launched in …
Read More »Walmart Forges a Path for Streaming Commerce in a Deal With Roku
Walmart Inc. has found another electronic outlet for its merchandise. The retailing giant announced late Thursday it will sell so-called featured products on Roku Inc.’s streaming service, with payments handled by Roku Pay. San Jose, Calif.-based Roku claims to be the largest U.S TV streaming service by hours streamed. Well-known …
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