Wednesday , January 27, 2021

Point-of-sale

January, 2021

  • 7 January

    NCR Acquires Freshop and other Digital Transactions News briefs from 1/7/21

    NCR Corp. said it acquired Freshop, a grocery e-commerce services provider. Terms were not disclosed. NCR estimates that buy online, pick up in store shopping will increase 25% per year through 2025.Payment Alliance International said it acquired the ATM portfolio of B & B Music & Video, consisting of 580 company-owned and …

  • 6 January

    A Last-Minute Presidential Ban on China-Based Payment Apps Puzzles Payments Experts

    An executive order by President Donald Trump banning a pair of major Chinese payments apps comes in the waning days of his administration and may leave more questions than it answers, observers say. The order, issued Tuesday, prohibits transactions on eight China-based apps, including the hugely popular Alipay and WeChat …

  • 6 January

    Qualpay Adds Google Pay Support and other Digital Transactions News briefs from 1/6/21

    Payments platform Qualpay said it is now supporting Google Pay transactions in recognition of increasing consumer usage of mobile wallets.Payments-technology provider Cardknox launched a beta version of its partner portal, intended for the use of sales partners and independent sales vendors to onboard and manage merchant-processing accounts.Digital-payments provider Payrailz has launched Action Insights, a service intended …

  • 5 January

    PayPal Wins Its Lawsuit Against the CFPB, But the Legal Wrangling Is Far From Over

    PayPal Holdings Inc. may have prevailed in its lawsuit against the Consumer Financial Protection Bureau over the CFPB’s rules pertaining to prepaid cards and digital wallets, but the overarching legal battle is likely to continue. The ruling, which was handed down Dec. 30 by U.S. District Judge Richard Leon and …

  • 5 January

    Mobile Wallet Use up and other Digital Transactions News briefs from 1/5/21

    In the week before and the week of Christmas, consumers markedly increased their use of mobile wallets, with mobile wallets loaded with a debit card increasing 79.2% from the same weeks a year ago, according to the Tracking Transaction Trends report from PSCU, a credit union service organization. Use of mobile …

  • 4 January

    Afterpay Average Ticket Increases 30% and other Digital Transactions News briefs from 1/4/21

    Buy now, pay later provider Afterpay Ltd. said users’ average ticket increased 30% in the fourth quarter compared to the same period in 2019.Affirm Inc. completed its acquisition of PayBright, a buy now, pay later provider in Canada.PayPal Holdings Inc. announced a check cashing feature for select Venmo app users. This enables them to have funds …

  • 4 January

    Digital Transactions’ 2020 Top 10 Countdown

    Count down the 10 most popular stories published in the Digital Transactions News daily newsletter in 2020. #10 Processor Paya Will Go Public Via a So-Called SPAC Merger (Aug. 3) #9 Feeling Heat, Square Explains Its New Reserve Policy (June 23) #8 After Beating Wells Fargo Twice in Court, USAA …

December, 2020

Do NOT follow this link or you will be banned from the site!