Digital Transactions Authoritative, insightful and timely information for payments professionals
- Buy now, pay later provider Klarna AB said its 2022 loss of 10.47 billion krona ($1 billion) grew on its 2021 loss of 7.1 billion krona ($680 million). This comes amid growth in 2022. The United States became Klarna’s largest market in December.
- Also, Klarna will begin collecting late fees from United Kingdom consumers who miss a payment, reported new site City A.M. The fees, to begin March 16, will start at 5 pounds ($6.05) and be capped at 25% of the order value. In the United States, Klarna charges up to $7 as a late fee, according to multiple sources.
- LawPay, a payments service for legal professionals, launched LawPay Pro, a billing software that offers time-tracking, invoicing, and payment operations.
- Tasker Payment Gateways LLC said its gateway is now integrated with Authvia, a text-based payments service. Tasker specializes in high-risk payment processing.
- Blaze Solutions Inc., developer of dispensary point-of-sale systems, launched Blaze ECOM, an e-commerce platform for cannabis retailers.
- TaxBit, a tax and accounting provider for digital assets, said Block Inc.’s Cash App selected it to provide crypto tax forms to Cash App users who have bought or held Bitcoin.
- Fiserv Inc. released a new delivery optimization service for enterprises to help them connect their digital commerce operations to more than 40 different delivery providers in a single integration.
- Diversified Data Processing & Consulting Inc. said its bill payment kiosks are now in use in the City Utilities building in Fort Wayne, Ind.
- Authentication platform 1Kosmos released the 1Kosmos DevX tool to help developers evaluate how passwordless, multi-factor authentication and identity verification might work with new and existing applications.
- Prepaid Technologies has rebranded as Dash Solutions. The change also brings WorkStride, an incentives provider it acquired in 2022, under the Dash moniker.
Related Articles
Check Also
Mastercard Plans to Tokenize All Online Transactions by 2030
Mastercard Inc. unveiled plans late Wednesday to tokenize card numbers for all online transactions globally …