Slope, a provider of buy now, pay later solutions for business-to-business transactions, announced early Thursday it will use Marqeta Inc.’s card-issuing platform to issue a B2B credit card that features BNPL payment options. The card is expected to make it easier for businesses to manage purchases and cash flow by …
December, 2024
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12 December
Visa Direct Will Define Real Time As One Minute—Or Less
Visa Inc.’s move to speed up its Visa Direct service to no more than one minute, starting in April, is likely to cement the global card network’s place in the payments industry’s steady movement toward real-time transfers, some observers say. The network, which announced the move early Thursday, says it …
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12 December
Nuvei’s Google Pay Expansion and other Digital Transactions News briefs from 12/12/24
Canada-based processor Nuvei Corp. announced an expansion of its Google Pay offering to merchants throughout Latin America. The company already offers the wallet in the U.S., European, Asia-Pacific, and Australian markets. Grocery e-commerce platform eGrowcery said it and Forage, a payments provider that can process online EBT SNAP payments, are working on a service …
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11 December
HungerRush Debuts Order Notifications Feature; Condado Tacos Adds Par Technology’s Back Office Apps
HungerRush, a provider of restaurant-management and online-ordering solutions, has sought to strengthen its hand in the highly competitive restaurant point-of-sale market with the launch of a new order-management application. Called Order Notifications, the app automates order status by automatically sending customers text updates on the status of delivery and pickup …
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11 December
CardFlight Eases Card-on-File Access; Bill Debuts 1099 Form Filing Service
Merchants using the CardFlight SwipeSimple app have gained easier access to managing customer data and a way to charge to card-on-file credentials. In related acquiring news, Bill Holdings Inc. launched its 1099 Filing service, which enables small businesses to simplify their 1099 taxes. New York City-based CardFlight says the new …
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11 December
Fiserv’s Deal with COCC and other Digital Transactions News briefs from 12/11/24
Fiserv Inc. is expanding a relationship with fintech COCC to include cloud-based financial tools and fintech integrations for financial institutions. Xsolla, a commerce platform provider for video games, is working in Poland with Mastercard Inc. and Alor Bank to allow the bank’s Mastercard cardholders to redeem loyalty points for in-game purchases. …
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10 December
SurgePays Partners With Clover to Ease Marketing at the Point of Sale
SurgePays Inc. is integrating its ClearLine marketing platform with Fiserv Inc.’s Clover point-of-sale technology set. The integration will enable small and mid-size merchants to deliver marketing and customer-engagement strategies at the point-of-sale. The integration adds value to independent sales organizations’ offerings by providing advanced marketing capabilities at the point of …
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10 December
Fee Cap Injunction Remains and other Digital Transactions News briefs from 12/10/24
Restaurant server tips averaged 18.8% in the third quarter, unchanged from the second quarter, according to data from Toast Inc.’s Q3 2024 Restaurant Trends Report. The research gathered data from approximately 127,000 locations served by the Toast payments platform. Amazon.com Inc.’s Amazon Seller Central will integrate AI-based payments and financial-management tools from Intuit Inc. …
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9 December
DataVisor Launches Real Time Fraud Detection
DataVisor Inc., a fraud- and risk-management solutions provider, early Monday announced the launch of an artificial intelligence-based platform that measures hot spot, distinct count, and high-frequency data in real time. The ability to measure these three data points in real time helps speeds the identification of potential fraud threats, which …
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9 December
Google Sues the CFPB After the Agency Slams Google Over a Wallet It No Longer Offers in the U.S. Market
Google Inc. has sued the Consumer Financial Protection Bureau following the CFPB’s action Friday asserting federal supervision of the company’s Google Pay wallet. In the suit, filed in U.S. District Court in Washington, D.C., the same day the CFPB acted, the tech giant argues the case targets a payment service …