Digital Transactions Authoritative, insightful and timely information for payments professionals
- Diebold Nixdorf Inc. released the DN Series Easy suite of self-service point-of-sale stations. The products employ a modular design, enabling merchants to customize the products to their needs.
- InComm Payments has partnered with hospitality company Delaware North to implement the InComm cashless payment solution at select sports venues where Delaware North operates food and retail services. Fans will be able to exchange cash for a network-branded gift card at a venue’s guest services office and other locations so they can use the card to purchase food, merchandise and other goods.
- Bbot Inc., a restaurant and hospitality point-of-sale system provider, said it closed a $4 million funding round, bringing its total funding to date to $7.3 million. The financing will enable it to hire staff, accelerate product development, and improve service.
- Online checkout provider Fast closed a $102 million Series B funding round led by venture capital firm Addition and processor Stripe. Four existing investors also participated.
- Electronic benefits transfer processor goEBT added credit card payment processing and launched a new terminal payment application, goEBT+, to power its Countertop, Portable and Mobile smart payment terminals. GoEBT+ combines EBT and credit processing in one smart terminal.
- Fintech Mogo Inc. closed its acquisition of digital payment solutions provider Carta Solutions Holding Corporation. Carta’s issuing platform supports more than 100 card programs including TransferWise, Sodexo, Payfare, and others.
- Commerce platform OV Loop Inc. said it acquired Push Pay Inc., which does business as PayFi, a real-time payments provider for banks and businesses. Terms were not disclosed.
- Card-issuing platform Marqeta said Tymit, an installment-based credit card and app provider, is using Marqeta’s application programming interface platform to aid with transaction processing.
- Alliance Data Systems Corp. said home furnishings retailer Arhaus renewed its private label credit card program with the company. Terms of the multiyear renewal were not disclosed. Arhaus operates 70 locations.
- Beginning Oct. 15, Mastercard Inc. will increase interchange for European Union firms that accept payments from online shoppers in the United Kingdom, The Guardian reported. In a statement to the newspaper, Mastercard said the move is a result of the U.K.’s departure from the European Economic Area.
Related Articles
Check Also
Same-Day ACH Volume Maintains Growth Pace
Same-day ACH transactions helped fuel a strong first quarter for the automated clearinghouse network. Nacha, …