Digital Transactions Authoritative, insightful and timely information for payments professionals
Business-to-business payments provider Tipalti Inc. reported “unprecedented” growth in payments volume in 2021, with volume growing more than 100% from 2020 to more than $36 billon. The company’s client base increased to more than 2,000, including GoDaddy, Roku, ZipRecruiter, and Amazon Twitch.Fintech Social Finance Inc. said its SoFi Technologies Inc. unit has launched SoFi …
February, 2022
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23 February
EVO Posts Double-Digit Gains in Volume And Revenue As It Seeks Out Further M&A
EVO Payments Inc. capped off 2021 as a year of recovery from the impact of the pandemic as its top brass on Wednesday indicated the Atlanta-based processor intends to step up its hunt for acquisitions. “As we move further into 2022, we look forward to closing our acquisition in Greece …
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23 February
Consumers Say Friction Is a Leading Cause of Late Bill Payments, Especially Online
More than half of consumers in the United States have been late paying a bill in the past 12 months, even if they pay online, but not always for reasons associated with unemployment and financial hardships. For many consumers, late bill payments are a result of friction in the bill-payment …
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23 February
TreviPay To Acquire Baton Financial and other Digital Transactions News briefs from 2/23/22
Fintech TreviPay said it is acquiring Baton Financial Services Inc., which provides a business-to-business invoice payments network. Terms were not disclosed.Mobile wallet payment provider Citcon said its service is now integrated with Abacus Business Computer, a merchant services company serving restaurant and retail merchants.U.S.-based payments-technology provider ACI Worldwide Inc. announced South Africa’s Nedbank will move all …
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22 February
Sling TV Adds Crypto Acceptance Through BitPay
Cryptocurrency’s steady march toward becoming a mainstream payment option took another step with Sling TV’s acceptance of seven digital currencies and five stablecoins through BitPay Inc. The deal, announced Monday, will enable existing subscribers of the streaming television service to pay their monthly subscription fee with cryptocurrencies including Bitcoin, Ethereum, …
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22 February
Klarna Expands Rewards Program and other Digital Transactions News briefs from 2/22/22
Buy now, pay later specialist Klarna AB said it is expanding the geographic reach of its rewards program and its Pay Now service. The rewards program will be available in nine countries, with Pay Now expanding to nine new countries beyond the current base in the U.S. and U.K., where the immediate-payment …
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22 February
How the Worldline-Apollo Deal Could Be a Net Positive for Ingenico
Worldline S.A.’s decision to enter negotiations to sell its Terminals, Solutions and Services unit to asset-management firm Apollo Global Management Inc. may allow the unit’s Ingenico brand to refresh its point-of-sale technology operation under the umbrella of a new owner and away from the short-term expectations of the public markets, …
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21 February
Worldline Says It’s Working out a Deal to Sell Its Ingenico Unit to Asset Manager Apollo
Two years after it acquired the big point-of-sale technology company Ingenico S.A., the French processing giant Worldline S.A. has launched negotiations to sell the business to the asset-management firm Apollo Global Management Inc. The terms worked out so far, based on a binding offer from New York-based Apollo, call for …
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21 February
Epos Now Partners With Prelim To Enhance Its Platform’s Digital Customer Experience
Prelim, a San Francisco-based provider of digital-banking services for financial institutions, has partnered with Epos Now, a cloud-based provider of point-of-sale technology. The partnership is expected to enhance the digital experience for Epos Now’s customers and simplify onboarding to its platform. Norwich, England-based Epos Now, which services 51,000 retail and …
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21 February
ProducePay Debuts Quick-Pay+ and other Digital Transactions News briefs from 2/21/22
Agriculture marketplace ProducePay launched Quick-Pay+, which allows growers to receive the bulk of payments from buyers 24 hours after shipments are received.RevoluGroup Canada Inc., which offers the RevoluPay payments app, concluded an oversubscribed private placement of shares valued at $2.187 million Canadian ($1.7 million).A French fintech called Vagopass introduced a Web application that allows …