Thursday , November 26, 2020

Worldline/Ingenico Deal Moves Ahead and other Digital Transactions News briefs from 10/1/20

  • Ingenico Group S.A. said the European Commission approved Worldline S.A.’s $8.6 billion deal to acquire the point-of-sale terminal maker. Ingenico also said the French financial markets authority set Oct. 15 as the closing date for the tender offer for Ingenico securities. If successful, the acquisition could close Oct. 28, Worldline said.
  • In related news, Ingenico launched its Smart Self for Vending service, designed for vending operators to implement secure electronic payments. The service includes hardware, multiple payment method acceptance, gateway access, and compatibility with more than 20 currencies.
  • Castles Technology, a provider of point-of-sale terminals, said it has acquired Spire Payments, a provider of terminal software. Terms were not announced.
  • Payroc LLC announced its payments services have been integrated into Aleran Software’s application, which is a business-to-business automated sales and ordering platform.
  • Payments company NMI said it received certification on several processor platforms for the BBPOS Chipper 2X BT product line. NMI expects additional certifications later this year.
  • Kount Inc., a provider of fraud-prevention services, announced it has agreed to work with Verifi, a Visa Inc. unit, to integrate Verifi’s dispute-management services. Visa acquired Verifi in 2019.
  • The nexo global payment standard is becoming available in North America, announced Amadis, payment software and consultancy provider. Nexo promotes the interoperability of payments acceptance. Amadis will provide universal payment software that integrates nexo’s messaging protocols, standards, and specifications.
  • E-commerce developer GoDaddy Inc. announced Websites + Marketing Ecommerce, a feature that lets clients set up shops on Instagram and Facebook and sync products from their online store to their Instagram and Facebook accounts.
  • Pineapple Payments rebranded its Transax unit as its flagship product.
  • Coro Global Inc. said its Coro Corp. unit has been granted a money-transmitter license by the state of Oregon, allowing citizens of that state to exchange, send, and save gold and U.S. dollars via the Coro app.
  • The U.S. Payments Forum will hold two webinars, one on issuing dual-interface cards and the other on dual-interface card issuing for transit.

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