Tuesday , May 28, 2024

Nuvei Launches Invoice Financing and other Digital Transactions News briefs from 4/12/24

  • Processor Nuvei Corp. launched a financing option to allow client merchants to make invoice payments through their enterprise resource planning (ERP) platforms.
  • Health and beauty retailers lead all sellers in adoption of gift cards, followed by general merchandise retailers and sporting-goods stores, according to scores developed by Blackhawk Network and NAPCO Research in their “2024 Merchant Gift Card Omnicommerce Evaluation – US Edition” report, which evaluated 100 U.S retail gift card programs between September and December last year.
  • Payroll processor Borderless AI appointed Leonard Shen to its board of advisors to help handle risk management and cross-border funds flows. Shen’s experience includes roles at American Express, PayPal, and Visa.
  • A unit of processor RevoluGroup Canada Inc. agreed to support cross-border remittances for Ozank GmbH, a Germany-based payments provider.
  • Payments provider Finzly announced it is among the first third-party service providers to be certified for compliance with ISO 20022 messaging standards for the Federal Reserve’s FedNow real-time payments network. The standard enables transmission of financial data alongside payments.
  • Olo Inc., a provider of payments technology to restaurants, launched Smart Cross-Sells, which automates suggestions to customers for additional purchases while ordering or checking out.
  • Financial-software provider HighRadius launched a business-to-business payments platform that it says handles more than 100 payment methods and helps cut merchants’ interchange costs by inserting necessary data whose omission would trigger higher rates.

Check Also

As Users Return to ATMs, Guidance Emerges for Contactless Transactions With And Without Cards

The onset of the covid pandemic spurred deployers and developers to bring contactless technology to …

Digital Transactions