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- Shares of processor EVO Payments Inc. began trading on the Nasdaq market Wednesday at an initial price of $16. The company put 14 million shares out to market, for expected gross proceeds of $224 million. In early trading Wednesday the stock was at $19.60, a 22.5% increase from its opening value. EVO filed an S-1 registration statement with the U.S. Securities and Exchange Commission in April. EVO expects the offering to close on May 25.
- Unattended-payments provider USA Technologies Inc. priced a public offering of 5.43 million shares to be sold by the company at $11 per share. Other stockholders will sell another 553,187 shares in the offering. The company expects the sale, scheduled to close Friday, to generate $59.8 million in gross proceeds before deducting underwriting expenses.
- Mobile-payment service Glance Technologies Inc. said the 15-unit restaurant chain Una Mas Mexican Grill accepts Glance Pay, starting with its San Jose, Calif., location. Since March 1, Glance says 136 new locations, including Una Mas, announced they will accept Glance Pay.
- Payments provider Paya is offering Bluefin Payment Systems’ point-to-point encryption service to its merchants, Bluefin announced.
- Merchant processor Net Element Inc. announced its Unified Payments subsidiary launched a service for the events industry that includes point-of-sale system integration, self-order kiosks, chargeback protection, and multiple payment-acceptance methods.
- Payment-technology provider ACI Worldwide Inc. announced a new risk-control service using investigative case-management software from i-Sight.
- Business-services provider Sage announced an integration with PayPal Holdings Inc. that enables Sage clients to make and accept PayPal transactions for invoices. The integration is available in the United States, Canada, Germany, and the United Kingdom.
- North American Bancard Holdings LLC named Matt Hoskins executive vice president of sales and distribution. Hoskins founded Payment Processing Technologies LLC in 2004.
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