Tuesday , August 3, 2021

Point-of-sale

August, 2021

  • 2 August

    Square Is Set to Become an Overnight Force In BNPL With Its Afterpay Acquisition

    Square Inc.’s acquisition of Afterpay Ltd. is expected to give Square a ready-made product in the hotly competitive buy now, pay later market that it can quickly plug into its consumer and merchant applications to make it an immediate force in BNPL.  Square on Sunday announced it was acquiring Afterpay, …

  • 2 August

    Global Payments Celebrates Its Latest Deals As Its CEO Says, ‘The Best Is Yet to Come’

    Global Payments Inc. early Monday announced it will make its Netspend prepaid card services available via Amazon Web Services. While reporting a strong performance for the June quarter, the Atlanta-based processing company also said it is acquiring from Spain’s Caixabank the payments businesses of the bank’s Bankia unit.  The move …

  • 2 August

    NCR To Acquire LibertyX and other Digital Transactions News briefs from 8/2/21

    NCR Corp. said it will acquire LibertyX, a cryptocurrency software provider. Its software runs on ATMs and point-of-sale systems. Terms were not disclosed. The deal is expected to close later this year.EVO Payments Inc. said it acquired Anderson Zaks Ltd., a payment gateway based in the United Kingdom. Terms were not disclosed.Paysafe Ltd. said it …

July, 2021

  • 30 July

    MoneyGram’s Money Transfer Transactions Experience 20% Growth

    MoneyGram International Inc. said its money-transfer business generated revenue of $304.9 million in the second quarter, a 20% increase from $253.1 million in the year-ago quarter. Transaction growth for the segment increased 20%, too. A full 33% of these transactions were digital, the Dallas-based payments company reported. That’s up from …

  • 30 July

    How Google Figures a Tie-In With Marqeta Can Increase the Utility of Google Pay

    Alphabet Inc.’s Google unit is betting its partnership with Marqeta Inc.to issue a tokenized virtual Google Pay card will entice consumers to use Google Pay more often for day-to-day purchases online and in-store.  The new card, announced this week, allows users to make purchases with their Google Pay balance using a …

  • 30 July

    Amazon Second-Quarter Sales Total $53.2 Billion and other Digital Transactions News briefs from 7/30/21

    Amazon.com Inc. reported its sales for its online stores totaled $53.2 billion in the second quarter, up 16% year-over-year. Physical-store sales rose 11% to $4.2 billion.Cryptocurrency-payments processor BitPay Inc. said it now supports Litecoin in the BitPay Wallet app. Newegg.com is the first merchant to accept Litecoin through BitPay. Litecoin is the 13th-largest …

  • 29 July

    Mastercard Outlines a Strong Quarter As It Pursues Strategies in Crypto, 5G, And Open Banking

    As they have for rival Visa Inc., transaction volumes are continuing to improve for Mastercard Inc. as world commerce stages its recovery from the impact of the pandemic. “The strong momentum we started the year with accelerated this quarter,” chief executive Michael Miebach said Thursday morning during a session with …

  • 29 July

    Zelle Volume up 68% and other Digital Transactions News briefs from 7/29/21

    The Zelle peer-to-peer payment network processed $120 billion on 436 million transactions in the second quarter, up 58% and 68%, respectively, year-over-year, according to network operator Early Warning Services LLC.Card-present transactions at small businesses are up 83% over the pre-Covid baseline of March 2020, according to the latest CardFlight Small Business Report. The …

  • 28 July

    PayPal’s CEO Promises an ‘Aggressive’ Play for Merchant Business in the Wake of New Pricing

    PayPal’s boss made a declaration Wednesday afternoon that may have been as much a warning to incumbent merchant acquirers as it was a promise to storefront merchants. Referring to PayPal’s new transaction pricing schedule, expected to go into effect Aug. 2, chief executive Dan Schulman made it clear PayPal will …

  • 28 July

    Euronet’s Revenue Jumps 35% and other Digital Transactions News briefs from 7/28/21

    Euronet Worldwide Inc., a Kansas-based company that provides digital-payments services in Europe, reported second-quarter revenue of $714.7 million, up 35% year-over-year.Chargebee Inc., a subscription and recurring-billing platform, announced an update that includes automated usage-based billing, dedicated data centers, item-level discounts, and new checkout features.IR, whose technology enables merchants to analyze …

Digital Transactions