Cyber Weekend Sales up 5.7%, Fiserv Says and other Digital Transactions News briefs from 12/6/24

Same-store sales volume rose 5.7% and transactions were up 6.7% during the days from Nov. 27 and Dec. 2 compared to the same week last year, according to the 2024 Thanksgiving Holiday Insights report from Fiserv Inc.
Illinois-based payments provider Payroc will work with Sunday, a restaurant point-of-sale technology provider, to offer the PAX A920 handheld payment device in the U.S. market.
Mastercard Inc. and credit-reporting firm Equifax have joined forces to help banks, payment-service providers, and merchants in Latin America fight fraud. The companies cite studies indicating merchants in the region are losing approximately 4.6% of e-commerce revenue to payments fraud. E-commerce volume is expected to reach $160 billion in 2025, nearly double 2021’s volume of $85 billion.
Velera will provide debit card processing to Energy Capital Credit Union, which has been a Velera client for credit card processing. Velera was known formerly as PSCU/Co-op Solutions.
ABNB Federal Credit Union will launch instant-payment capability through a new relationship with Alacriti, a provider of money-movement technology. ABNB serves more than 76,000 members.
California-based Tipalti has expanded into Canada with its registration as a money-services business in that country.
Hard Rock International has launched its Unity by Hard Rock Mastercard. Members of the Unity by Hard Rock loyalty program can earn and redeem points through using the card.

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