Point-of-sale software developer Zuza launched its Zuza Marketplace on its Super App platform. Merchants can peruse the marketplace to find tools and third-party apps that can aid their businesses, Zuza said.U.S.-based Uplift, which offers buy now, pay later capability for the travel industry, announced Royal Air Maroc, a Morocco-based airline, has adopted its …
Read More »Boston Consulting Group: Payments Revenues Will Stay Resilient Despite Headwinds
Despite economic headwinds from supply-chain bottlenecks and geopolitical instability, the payments industry continues to show resilient revenue growth, says a new report from the Boston Consulting Group. Global payments revenues are projected to grow about 9.5% in 2022, according to the report. Beyond this year, revenues are projected to grow …
Read More »Circle Looks to Its Deal for Elements to Ease Crypto Payments for Merchants
Blockchain players have been working for years to bring digital currencies to the point of sale, leading to Circle Internet Financial LLC’s announcement Thursday it has acquired a San Francisco-based payments-technology firm called Elements to make it easier for stores to take crypto, including Circle’s stablecoin, USD Coin (USDC). Terms …
Read More »ATB Ventures Looks to Unlock the Value Potential in Digital Identity And Verification
In response to consumers’ growing concerns over the security and management of their personal data by businesses with which they interact, ATB Ventures on Thursday introduced its Oliu platform, a set of identity products aimed at helping businesses safely manage and verify the credentials of consumers they interact with digitally. …
Read More »Fiserv Tweaks Carat Data Access And Other Digital Transactions News briefs from 9/29/22
Fiserv Inc. said its Carat operating system has added a capability for large enterprises to more readily access and analyze payments data.Mastercard Inc. said it is launching Strive USA, a small business imitative, in the United States for the first time. The goal is to support 5 million SMBs over the next five years.Also, …
Read More »Elavon Launches a Platform for Contactless Payments in Mass Transit
The big payments processor Elavon Inc. has joined the movement to convert mass transit in the United States to contactless technology for fare transactions. The Atlanta-based company on Tuesday launched its Mass Transit Payments platform, aimed at both public and private agencies and with gateway and acquiring services provided by …
Read More »Get Set for a Virtual Card Tsunami, Juniper Research Says
Virtual payment cards have been around for more than a decade, but now they appear to be poised for big growth with the rise of e-commerce and the wide availability of digital wallets. Indeed, the volume of transactions arising from these cards will balloon from 28 billion worldwide this year …
Read More »PNC Jumps Into Restaurant POS Systems With Its Acquisition of Linga
Rivalry in the highly competitive restaurant POS systems market got even hotter Monday as PNC Financial Group Inc., announced its acquisition of Linga, a provider of point-of-sale systems for the restaurant and hospitality industry, for an undisclosed sum. The deal will enable PNC to better serve its clients in the …
Read More »One More Thing? Apple Pay Later’s Debut Is Still Pending
Apple Inc.’s latest financial product, a buy now, pay later service called Apple Pay Later, has yet to arrive, though the iPhone operating system it was expected to require launched Sept. 12. Why is that? One Bloomberg columnist suggests Apple Pay Later, which was announced in June, may not arrive …
Read More »Humbl’s Integration With GreatFoods2Go And Other Digital Transactions News briefs from 9/26/22
Mobile-wallet developer Humbl Inc. announced an integration with food-delivery platform Great Foods2Go that will include the integration of Humbl’s Humbl Wallet, Humbl Pay, Humbl Search Engine, and Humbl Marketplace capabilities.Bank of America announced it has added a sign-in capability by QR code for its CashPro platform, a payments utility for client companies. The …
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