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- Working with Searchlight Capital Partners, payments provider Rev Worldwide closed on its $1-billion all-cash acquisition of the Netspend consumer business from Global Payments Inc. Netspend is a specialist in prepaid and debit cards for more than 100,000 retail locations.
- Payments provider Finix Payments Inc. said it is now a payment processor, having completed direct connections to the four major U.S. card networks.
- A technology company called Tabbed has debuted to allow restaurants to accept payments via an app that opens a tab for Tabbed members and charges a pre-selected card in the background.
- Pavilion Payments, a specialist in iGaming payments, said it has reached extended agreements with eight iGaming operators.
- Gaming and entertainment company Maverick Gaming LLC will use PayNearMe’s MoneyLine service to offer Maverick Sports’ customers a range of payment types on one platform and integration, PayNearMe said.
- Mastercard Inc. said it will launch its annual Digital Doors program for small businesses May 4 in recognition of Small Business Month. The program, which Mastercard launched in 2020, aims at helping small businesses with ad design, business plans, and customer analytics.
- FinPay, a technology provider for the medical industry, launched its FinDigital Suite, a cloud-based payments platform.
- PayTech Women, a nonprofit organization for women payments professionals, announced new members of its PayTech Women President’s Advisory Council.
- InvoiceCloud, a unit of EngageSmart, added features to its Online Bank Direct product, including the ability to deposit by invoice type, receive funding for matched payments only, and the ability to receive single, consolidated deposits.
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