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- Square and Afterpay merchants counted 70 million transactions over the Black Friday-Cyber Monday holiday weekend, up 14% from the same period in 2022, Square said. In-person shopping increased 15% year-over-year.
- Amendments under consideration by Australia’s national government would impose on digital wallets like Apple Pay and Google Pay the same regulations as those enacted for credit cards and other forms of payments, Reuters reported.
- PayGround, a fintech specializing in health-care payments, closed a $19.7-million oversubscribed Series A funding round led by SixThirty.
- Liquid Payments Inc. spun off its LQpay LLC affiliate into a separate company that specializes in health care payments.
- Mozaic.io, a digital platform that lets artists split payments in local currency with collaborators, closed a $20-million Series A funding round from Volition Capital. The round brings Mozaic’s total raised to $27.1 million.
- SimplePin, a payments platform specializing in the insurance industry, said it signed the independent insurer Innovate Insurance Agency Inc as a client.
- The Mexico City-based fintech Mexipay will use technology from ACI Worldwide Inc. to offer real-time payments in Mexico, ACI announced.
- CGI Technologies and Solutions Inc. said its CGI All Payments technology is available through the Amazon Web Services Marketplace.
- Givex Corp., a point-of-sale and services provider, said its online ordering system now supports Apple Pay and Google Pay integrations.
- Seventy-four percent of travelers said digital wallets are integral to their travel experiences, according to the 2023 U.S. edition of the Visa Global Travel Intentions Study, which collected data from more than 37,000 consumer interviews globally.
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