Visa Inc. announced a new payment platform, Visa Acceptance Cloud, which will let acquirers, payment service providers, point-of-sale system makers, and Internet of Things developers, to move the payment processing software from the hardware device to the computing cloud. Tests of the new platform are happening in North America, South America, …
Read More »Eye on Crypto: BBTV Offers Crypto ‘at Scale’ to Content Creators; a Nuvei Paper Sizes up Crypto
One of the most receptive markets for cryptocurrency could be that for content creators, most of whom are self-employed and looking for fast and reliable ways to get paid. That’s what BBTV Holdings Inc. figures, and on Wednesday the video platform launched Pay to Crypto to send payments to marketers on …
Read More »PayNearMe Gets NY Sports Betting OK and other Digital Transactions News briefs from 1/11/22
Sports-betting payments specialist PayNearMe Inc. said it has gained approval from the New York Gaming Commission to provide its MoneyLine platform to licensed operators in that state.Fly Now Pay Later, a buy now, pay later provider for travel services, closed a $75 million debt funding round from Atalaya Capital Management that will …
Read More »New Data From Mastercard Confirm the Explosion in Online Volume Is Still in Progress
E-commerce was hitting its stride before the pandemic, but two years later it’s clear sales volume via desktop and mobile devices is exploding. Online sales in the United States jumped fully 60.4% in December compared to December in 2019, according to the latest SpendingPulse report from Mastercard Inc., released late …
Read More »U.S. Bank’s Real-Time Bill Payment for Consumers Coming and other Digital Transactions News briefs from 1/7/22
U.S. Bank said it will launch in the first quarter a real-time payments component to its bill service. It will use the Request for Payment tool that is part of The Clearing House Payments Co. LLC’s Real Time Payments service. The same service launched for U.S. Bank business customers in November.Cloud-software …
Read More »Synovus Launches Virtual Mobile Commercial Cards for Workers, Vendors, And Others
As part of its strategy to bring digital- and mobile-banking experiences to its customers, Synovus Financial Corp. has introduced a mobile virtual commercial credit card. The Visa Inc.-branded cards, which businesses can generate and send to employees, vendors, and contractors through a mobile app, will be enabled in a digital …
Read More »Adyen Unveils a Line of All-in-One Android Devices for Mobile POS Deployments
Adyen Inc., known for its e-commerce payment services, on Tuesday launched a range of mobile point-of-sale devices running on the Android operating system. The new multifunction terminals are available in the United States, the United Kingdom, and the European Union. Adyen, which is based in Amsterdam but maintains offices in …
Read More »67% Willing To Pay with Crypto and other Digital Transactions News briefs from 1/4/22
A Cantaloupe Inc. study found that 67% of consumers who own cryptocurrency are willing to use it for purchases if it were linked to a mobile wallet. The study had responses from more than 2,000 U.S. adults.Card maker SmartMetric Inc. said it created a credit card with a built-in fingerprint sensor. The card contains …
Read More »Repay Acquires Payix and other Digital Transactions News briefs from 1/3/22
Payments provider Repay Holdings Corp. announced it has acquired payments-technology provider Payix for $95 million at closing plus up to $20 million in earnouts contingent on Payix’s 2022 performance.Mobile-parking app provider ParkMobile LLC said an agreement with the city of Clarksville, Tenn., covers 234 on- and off-street spaces in the city’s downtown. ParkMobile claims …
Read More »PayByPhone App Sees $550 Million in Annual Payments and other Digital Transactions News briefs from 12/29/21
PayByPhone Technologies said it launched its parking-payments app in 25 additional locations in 2021, including 21 cities and four universities. Globally, the app is available in more than 1,000 cities and processes more than $550 million in payments annually.Aderant, a business management software provider, announced a partnership with LawPay that will …
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