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- ACI Worldwide Inc. announced ACI PayAfter, a buy now, pay later service that provides merchants access to more than 70 BNPL providers via a single integration. “ACI PayAfter gives consumers one BNPL option—ACI PayAfter—displayed at checkout, one application form, and a single credit check, all while providing access to multiple financing options that best meet their needs quickly and with a higher probability of approvals, Debbie Guerra, ACI head of merchant payments, says in an email to Digital Transactions News. “ACI PayAfter provides merchants with the flexibility to select the BNPL and financing options that are most relevant for their business and their customers.”
- Payments provider VizyPay said it surpassed $2 billion in payments processed since its 2017 founding. Approximately, $1.2 billion of that was made in 2021. VizyPay projected its annual processing volume will be more than $2 billion in 2022.
- Bank of America Corp. launched its Pay By Bank service in the United Kingdom in conjunction with payments-software platform Banked Ltd. The service allows users to make payments directly from their bank accounts via open banking, without the use of credit or debit cards.
- In related news, card-issuing platform Marqeta Inc. said users will be able to fund their accounts, and send money via the automated clearing house network to external accounts, through a new connection to open-banking specialist Plaid Inc.
- Denmark-based buy now, pay later specialist ViaBill said it raised $120 million in an equity and debt round led by Fasanara Capital. The company is focusing on online and in-store services in Denmark, Spain, and the United States.
- Payments provider Billtrust announced it has acquired Order2Cash, a Netherlands-based business-to-business payments platform. Terms were not disclosed.
- Mastercard Inc. said it is expanding its consulting services to include open banking, open data, crypto and digital currencies, and environment, social, and governance (ESG) issues.
- Chargebacks911 named Robert Hoover as vice president of business development. Hoover’s career includes positions at Forter, Accertify, and American Express Co.
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