Friday , April 19, 2024

Worldpay for Platforms Debuts And Other Digital Transactions News briefs from 9/13/22

  • The big processor FIS Inc. launched Worldpay for Platforms, a service that lets software providers speed up access to FIS’s Worldpay processing unit while onboarding small and medium-size merchants.
  • PayMyTuition, a payments platform for colleges and universities, launched a cashiering module that lets schools set up multiple cashier stations to process campus payments over the phone and in-person, with integration into student information systems.
  • The National Retail Federation forecasts back-to-school spending for college students will total almost $74 billion, an increase over the record high of $71 billion spent last year. Spending for grades K-12 will total $37 billion, equal to the record set last year.
  • The fintech Payload said it will offer automated clearing house, card, and real-time payments to the real estate, insurance, and legal industries through an agreement with J.P. Morgan.
  • Block Inc.’s Square unit announced that its full line of 35 products and services is now available to U.S. sellers in Spanish.
  • Tilled, which works with independent service providers to integrate payments into business software, announced an arrangement to offer payments devices from Aevi.
  • One Inc, a specialist in digital payments for the insurance industry, announced the property insurer Tower Hill Insurance Group has chosen its ClaimsPay service for outbound claims payments.
  • Payhawk, a London-based provider of card-based spend-managment services for corporations, launched in the U.S. market with an office in New York City and a U.S. credit card.
  • The business-to-business payments platform Plastiq Inc. released Plastiq Short Term Financing to offer working capital to small and medium-size firms.

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