Digital Transactions Authoritative, insightful and timely information for payments professionals
Atlantic-Pacific Processing Systems NV Corp. has acquired Clique Payments Inc., a provider of cloud-based software, for undisclosed terms. The deal will allow APPS to extend its integrations to include QuickBooks, FreshBooks, Xero, Sage, and other programs. The company supports more than 20 payment gateways.MoneyGram International Inc. said it has raised $97.6 million …
June, 2021
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17 June
236% Uptick in Entertainment Purchases and other Digital Transactions News briefs from 6/17/21
Credit union service organization PSCU released its June edition of the PSCU Payments Index that found purchases made with debit cards in the entertainment category increased 236% in April over April 2020 and by 208% for credit cards.Cardtronics plc said CVS Health is enabling the ATM operator’s Allpoint network of surcharge-free ATMs at …
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16 June
Shopify Expands Shop Pay to Non-Shopify Merchants Selling on Facebook, Instagram, And Google
Shopify Inc. is making Shop Pay, its one-click checkout engine, available to all merchants selling on Facebook, Instagram, and Google, including those that don’t use the Shopify e-commerce platform to manage their online stores. It is the first time a Shopify product has been made available to non-Shopify merchants, the …
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16 June
Visa Brings Its Tap to Phone Payments to U.S. Merchants in a Pilot
Visa Inc. is bringing a point-of-sale payment-acceptance application that uses commercially available consumer smart phones on tour to U.S. small businesses, it announced Wednesday. Using a smart phone from ZmBizi LLC loaded with the POS app, 50 small businesses in Washington, D.C., will be able to accept payments without having …
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16 June
Repay Closes on BillingTree Deal and other Digital Transactions News briefs from 6/16/21
Payments provider Repay Holdings Corp. closed on its $503-million cash-and-stock acquisition of BillingTree, an 18-year-old payments-technology provider. The deal, the largest in Repay’s history, was announced May 10.NCR Corp. said it expects to close its $2.5-billion acquisition of ATM-network specialist Cardtronics plc on June 21. The merger agreement was announced in January.Freight-payments provider PayCargo received a $125-million Series …
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15 June
With GoDaddy Payments, Web Impresario GoDaddy Starts Building on Its Poynt Deal
The first fruits of GoDaddy Inc.’s acquisition six months ago of payments-technology provider Poynt Inc. emerged Tuesday with the announcement of GoDaddy Payments, a service aimed at unifying payments capabilities for GoDaddy’s base of e-commerce clients. To start with, GoDaddy Payments will focus on e-commerce transactions for clients using GoDaddy Websites …
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15 June
Kabbage Checking Debuts and other Digital Transactions News briefs from 6/15/21
American Express Co. said its Kabbage unit now offers Kabbage Checking to U.S. small businesses. AmEx also said it now offers Kabbage Funding to small businesses with lines of credit ranging from $1,000 to $150,000.Global Payments Inc. has launched a point-of-sale application that operates on commercially-available, off-the-shelf mobile phones, reported The Paypers …
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11 June
Fresha Secures $100 Million in Funding and other Digital Transactions News briefs from 6/11/21
Fresha, a platform that enables consumers to book and pay for beauty and wellness appointments, received a $100-millon Series C investment led by General Atlantic.BitPay Inc. is processing transactions allowing users to spend cryptocurrency with Shells, a provider of cloud-based virtual desktop operating systems.The city of South Haven, Mich., has launched …
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10 June
Stripe Debuts an App to Ease the Burden of Sales Tax Collection for Merchants
Heeding years-long requests from merchants for a solution to simplify sales-tax compliance, Stripe Inc. on Thursday introduced Stripe Tax, an application that allows merchants to automatically calculate and collect sales tax, value-added tax (VAT), and goods-and-services tax (GST) in the United States and more than 30 other countries. Spurring the need …
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10 June
Uplift’s BNPL Bet on Vegas.com and other Digital Transactions News briefs from 6/10/21
Buy now, pay later provider Uplift Inc. said its service has been integrated with Vegas.com, a travel site.In related news, buy now, pay later provider Splitit said its service is now available on the ChargeAfter platform, which offers merchants a variety of consumer financing methods.Mastercard Inc. said it has closed on its $850-million acquisition of Ekata …
