Repay Acquires Payix and other Digital Transactions News briefs from 1/3/22
Digital Transactions News staff
January 3, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale
- Payments provider Repay Holdings Corp. announced it has acquired payments-technology provider Payix for $95 million at closing plus up to $20 million in earnouts contingent on Payix’s 2022 performance.
- Mobile-parking app provider ParkMobile LLC said an agreement with the city of Clarksville, Tenn., covers 234 on- and off-street spaces in the city’s downtown. ParkMobile claims 30 million users in North America, with 326,000 in Tennessee.
- Circle Internet Financial said its USD Coin, a digital currency whose value is tied to the dollar, is now listed on the TRON network on the Binance exchange. The move allows users to deposit and trade USDC on Binance and withdraw the stablecoin to TRON-supported wallets.
- Mercator Advisory Group released its “Credit Card Risk, Protracted Pandemic, and the Household Budget: Advice for Issuers” report.
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