Splitit Adds BNPL In-Store Option and other Digital Transactions News briefs from 7/7/21
Digital Transactions News staff
July 7, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale
- As consumers return to physical stores, Splitit USA Inc., a buy now, pay later provider, announced it is making its service available in-store and including availability with Apple Pay and Google Pay.
- Fly Now Pay Later, a United Kingdom-based fintech, announced a deal with Cross River Bank in New Jersey that will enable Fly Now Pay Later to offer installment payment services to U.S. consumers.
- CoinPayments Inc., a gateway for cryptocurrency-based payments, said it has integrated with Quid POS, a provider of point-of-sale technology for merchants, to allow small businesses to accept digital currencies in-store.
- Visa Inc. outlined its cryptocurrency strategy and intends to focus on the expanding ecosystem, how rewards fit in with crypto-linked Visa cards, and the role of stablecoins. Visa also said more than $1 billion in cumulative payment volume globally was spent on crypto-linked Visa cards in the first half of 2021.
- American Express Co. has expanded its digital-receipts feature, launched in February, to include purchases on Amazon.
- Fingerprint Cards AB, a developer of payment cards with fingerprint-recognition technology embedded, said it has initiated a strategic review for the company. Alternatives it will evaluate include acquisitions, spinoffs, and new listings, the company said.
- ENS, a point-of-sale equipment maker, launched Mobile Protect, a line of protective cases for mobile payment devices.
- PayByPhone Technologies Inc., a provider of mobile payments for parking, has named Daniel Ungar chief financial officer. Ungar has worked for parent company Volkswagen Financial Services since 2012.
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