Wednesday , May 28, 2025

GiveCard’s Prepaid Role in Guaranteed Income program and other Digital Transactions News briefs from 12/20/24

  • The city of El Monte, Calif., has extended its agreement with GiveCard, a prepaid debit card platform, to manage the city’s Guaranteed Income pilot program, which embraces 125 low-income participants.
  • Togetherwork, a payments provider specializing in pet-care businesses, has acquired Petexec, a software provider for the same market. Terms were not announced.
  • The fintech Aghanim launched Instant Payouts, a platform for immediate payments to mobile-game developers.
  • Justt, a provider of chargeback management based on artificial intelligence, has closed on a $30-million Series C funding round led by Zeev Ventures. The round brings Justt’s total funding to $100 million.
  • Alchemy Pay, a gateway for cryptocurrency transactions, has registered under the Ramp Provider Program at Visa Inc. The program sets rules for third-party agents to facilitate fiat-to-crypto conversions.

Check Also

More States Press Interchange Regulation as Illinois Legislators Contemplate Delaying the IFPA

More states are introducing legislation exempting merchants from paying interchange on sales tax and tips. …

Digital Transactions