Digital Transactions Authoritative, insightful and timely information for payments professionals
- Block Inc.’s Square point-of-sale unit introduced Square for Drive-Thru, developed in partnership with The Howard Company and Nanonation, the system combines order capture, kitchen operations, and customer handoff, according to Square.
- PayPal Holdings Inc. formed a new multiyear partnership with the National Football League’s Seattle Seahawks as a sponsor and exclusive digital ticket payment processing partner. PayPal said the Seahawks have integrated PayPal’s payment processing platform with Ticketmaster, a first for PayPal with the NFL.
- 365 Retail Markets LLC’s $848 million acquisition of unattended payments specialist Cantaloupe Inc. closed Monday. 365 is a portfolio company of Providence Equity Partners LLC, a private-equity investment firm. The deal was announced in June.
- Priority Technology Holdings Inc. reported first-quarter revenue of $249.6 million, an 11.1% increase from $224.6 million in the corresponding year-ago quarter. Its quarterly net income of $9.8 million was up 18.1% from $8.3 million a year prior.
- Corpay Inc. said it will offer stablecoin wallet and settlement through a partnership with stablecoin-technology developer BVNK. Mastercard agreed in March to acquire BVNK for $1.8 billion.
- Buy now, pay later provider Affirm Holdings Inc. released its inaugural Small Business Sentiment Survey that found 90% of respondents are confident in their business outlooks over the next 12 months. Seventy percent also said BNPL helps attract new customers and 66% said it helps them compete with larger competitors. The online survey, conducted from Feb. 27 through March 4, collected 511 responses.
Related Articles
Check Also
FIS Outlines How Its Anthropic AI Deal Will Pay Off
FIS Inc. is counting on its tie-in with the AI developer Anthropic to pay dividends …