Mastercard Inc. announced early Tuesday it is acquiring Minna Technologies, a provider of subscription-management applications. Terms of the acquisition were not disclosed. The acquisition will enable consumers to more easily manage, renew, and cancel their subscriptions by providing them a single view of all their subscriptions within their banking apps …
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A Once ‘Frothy’ M&A Market; A Citi Flex Pay Win with Amazon Pay? Plus Weekly Recap
The Addition of Citi Flex Pay To Amazon Pay Could Be a Winner For Amazon and Citibank
Amazon.com Inc.’s deal with Citibank N.A. to add Citi Flex Pay, the card issuer’s installment-loan program, to its Amazon Pay digital wallet is expected to pay big dividends for both parties. By adding Citi Flex Pay, Amazon Pay will gain access to one of the largest cardholder bases in the …
Read More »‘Alexa, Fill ‘er Up.’ Amazon Pay Coming to Cars Via ExxonMobil and Fiserv
Consumers with Alexa, Amazon.com Inc.’s voice assistant, enabled in their cars and trucks soon will be able to pay for fuel at more than 11,500 Exxon and Mobil gas stations from inside their vehicles. Announced Monday, the service, compatible with vehicles with Alexa built in or enabled with an Echo …
Read More »Grocer Save A Lot Adds In-Store Cash Acceptance for Amazon PayCode Purchases
Consumers that want to pay cash for their Amazon.com Inc. purchases now have another option in the St. Louis area. Save A Lot launched the ability for consumers to use Amazon PayCode, the e-retailer’s cash-payment service, at several Save A Lot locations in the grocer’s hometown. It expects to expand …
Read More »Worldpay Supports Amazon Pay; Chase Liquidates Liquid; The Fed’s Defining Security Moment
In an Active Week for Worldpay, the Big Processor Says It Will Be Amazon Pay’s First Acquirer
As if the announcement of its pending merger with Fidelity National Information Services Inc. wasn’t enough news for one week, Worldpay Inc. on Wednesday said it will acquire Amazon Pay transactions for online merchants. The news means Cincinnati-based Worldpay has become the first merchant acquirer to work with the retailing …
Read More »Hackers May Have Security Keys From Starwood Breach; Can Amazon Pay Win in Stores? Plus Weekly Recap
Can Amazon Pay Win in Stores? It May Depend on Processing Costs And the Right Incentives
Amazon.com Inc.’s strategy to push its Amazon Pay wallet into physical stores could depend crucially on its ability to cut payment-processing costs and generate marketing advantages for merchants, including Groupon-like incentives, experts tell Digital Transactions News. The new strategy has been in the works at least since 2017 but reached …
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