Digital Transactions Authoritative, insightful and timely information for payments professionals
- PayPal Holdings Inc. announced a service that allows account holders to buy, hold, and sell cryptocurrency directly from their account. The company also said it will make cryptocurrency available as a funding source for purchases at the 26 million merchants worldwide that accept PayPal.
- Payments provider FIS Inc. said it added pharmacy chain Walgreens to its Premium Payback real-time rewards-redemption network. The network allows cardholders to pay with points from participating card-loyalty rewards programs. Besides Walgreens, PayPal, Shell, and BP are among participating companies.
- Worldline S.A.’s $8.6 billion acquisition of point-of-sale terminal maker Ingenico Group S.A. moved a step closer with the successful tender offer of Ingenico shares. The deal could close Oct. 28.
- The average out-of-network ATM withdrawal fee is $4.64, a decrease of 8 cents from 2019, according to Bankrate.com’s latest survey on checking and ATM fees. The average last decreased in 2004. Atlanta had the highest average total fee of $5.60. Chicago, at $4.11, was the lowest of the 25 cities in the study.
- PAX Technology Inc. said Moneris Solutions Corp. launched the PAX A920 Android Mobile Terminal as the Moneris Go.
- Lightspeed POS Inc. released Lightspeed Subscriptions, a new module that enables retailers using Lightspeed Payments to collect recurring revenue through their point-of-sale system.
- Gateway Cardknox said its gateway now supports SNAP EBT payment processing online. This enables SNAP recipients to make online purchases of SNAP-eligible products and enter their PINs securely using a digital PIN pad.
- Pineapple Payments said it and Rithom Consulting, which specializes in Salesforce administration, development, and consultancy, developed a payment product for integration into Salesforce. Users can send invoices, receive payments, and perform collection actions within Salesforce using Pineapple’s payment rails
- CityBase, which specializes in government and utility bill payment, said the Village of Mt. Prospect, Ill., will use no-contact payment kiosks and its online payment service in a measure to unify online and in-person payments across its departments.
- Mastercard Inc. said it is working with identity-technology provider Idemia and fintech MatchMove to test a card that enables a fingerprint to authorize in-store transactions. The pilot, set for the fourth quarter, will take place in Singapore.
Related Articles
Check Also
Flywire Teams With Blackbaud to Enable Cross Border Tuition Payments in the U.S.
Flywire Corp., a specialist in payments for higher education, has partnered with Blackbaud Inc., a …