Digital Transactions Authoritative, insightful and timely information for payments professionals
Shift4 Payments Inc. announced it has acquired a majority interest in Germany-based point-of-sale provider Vectron Systems AG in a transaction previously reported by Digital Transactions News. Vectron serves roughly 65,000 merchant locations throughout Europe. Shift4 also said it has closed on its previously announced deal for Revel Systems, a point-of-sale technology company serving more than …
June, 2024
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13 June
CardFree Enlists AI To Get Consumers To Spend More
Everyone has encountered the upsell. It’s the extended-warranty offer when buying a TV, or the ask to add a Danish to the coffee you just purchased. Now, CardFree Inc. has released a tool to help merchants automate the upsell with its new Smart AI Upsell feature. A component of CardFree’s …
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13 June
Visa Relaunches Savings Edge and other Digital Transactions News briefs from 6/13/24
Visa Inc. has re-launched Savings Edge, a rewards and discount program for U.S. and Canadian businesses that use Visa Business credit, debit, and reloadable prepaid cards. The re-launch includes revamped offers and a refreshed Web site, Visa says. In related news, Visa announced “Prodigies,” a promotional film aimed at reinforcing the …
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12 June
Men Are Now the Primary Buyers of Gift Cards, Blackhawk Network Finds
Men have supplanted women as the primary buyers of gift cards, says a report from Blackhawk Network. The shift is attributable to men taking on more household responsibilities, such as shopping and gifting, the report says. Blackhawk has been conducting the survey for nearly a decade. Types of gift cards …
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12 June
Shopify Makes Sendbird’s AI Chatbot Available in Its App Store
Shopify Inc. merchants looking for a way to add a chatbot with artificial-intelligence capabilities to their Web sites have a new option with the Sendbird Inc. chatbot. San Mateo, Calif.-based Sendbird’s chatbot is used by 4,000 apps, including DoorDash, Noom, and Yahoo Sports. Ottawa, Ontario-based Shopify says the Sendbird AI …
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11 June
Payment Choice Is A Key Driver In The Customer Experience, Fiserv Finds
Providing consumers more ways to pay and engage with merchants play key roles in driving consumer purchasing decisions, according to Fiserv Inc.’s Spring 2024 Carat Insights Report. One way for merchants to engage on a deeper level with consumers is to offer apps featuring loyalty and rewards programs and that …
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11 June
NMI’s Shopify Integration and other Digital Transactions News briefs from 6/11/24
Payments provider NMI announced what it calls an “enhanced” integration with Shopify, the Canada-based e-commerce platform. The integration is meant to assure independent sales organizations and software providers that integrations comply with updated Shopify requirements. Chase Payment Solutions has brought its Tap to Pay on iPhone capability to Canada, with beauty retailer Sephora …
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7 June
Elavon Expands in Mass Transit With Contactless Fare Payments on Philadelphia’s SEPTA
In a major win in the expanding market for digital payments for mass transit, Elavon Inc. said it will support contactless payments for the Southeastern Pennsylvania Transportation Authority, the seventh largest U.S. transit system with 45.6 million riders per year, according to the American Public Transportation Association. The new service, …
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6 June
Affirm Adds New Payment Options And Partners to Attract Omnichannel Merchants
Buy now, pay later provider Affirm Holdings Inc. has expanded its payment options to include Pay in 2 and Pay in 30. The new BNPL options are intended to provide consumers with more flexibility in budgeting their monthly income, the company says. Data from the Bureau of Labor Statistics shows …
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6 June
Canadian Customers Are Losing Enthusiasm for Credit Card And Banking Apps And Sites
Banks and credit card companies have launched online services and mobile apps over the years to reinforce ties to their most valuable customers and win new ones. But, in Canada at least, that effort is hitting a brick wall, a series of new reports from J.D. Power indicates. While Canadian …
