Global Payments Inc. remains invested in growing by acquisition, but it’s equally committed to growth via third-party agents such as independent software vendors and payment facilitators, its chief executive said early Wednesday as he reviewed his company’s June-quarter results and discussed its strategies in the two markets it straddles—issuing and …
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Chase Real-Time Payments for SMBs; Sezzle’s Payment Streaks; Worldpay PayFacs Get Tap-to-Pay on iPhone
Worldpay PayFacs Get Tap-to-Pay on iPhone and other Digital Transactions News briefs from 5/2/24
Worldpay has made tap-to-pay on iPhone technology available to payment facilitators to offer to their merchants. Two payfacs, Fullsteam and Autobooks, have launched the service. Tap to pay lets merchants accept contactless card payments on an ordinary mobile phone with no additional hardware. Cantaloupe Inc., a supplier of payments technology for …
Read More »Global Payments’ PayFac Plan Pays off; Fiserv’s Self-Service Bill Pay Option; FIS’s Pay by Bank Path
Infinicept Offers Launchpay, a Path for Software Companies to Become a Payfac
Infinicept, a provider of embedded payments, Tuesday introduced Launchpay, a payment facilitator (Payfac)-as-a-service model for software companies not yet ready to become full-scale payment facilitators. Payment facilitators allow customers to accept electronic payments using their platform through a master merchant account. Examples of Payfacs include Block Inc.’s Square merchant-processing unit …
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Read More »AmEx’s Big Revenue Bump; Bluefin Invests in Payfactory; Digital River’s New Drop-in Checkout Tech
Bluefin Invests in Payfactory to Bring Payments Services to Its Security Clients
Seeing an opportunity to offer payment acceptance along with its encryption and tokenization technologies to its enterprise clients, Bluefin Payment Systems LLC has invested an undisclosed sum in payment facilitator Payfactory Inc. The investment, which will create a strategic relationship between the two companies, will enable Payfactory to expand its …
Read More »PayFacto’s iShop Acquisition Role; Eye on Cryptocurrency; VeriCheck Acquires Applied Payments
PayFacto Strengthens Its Hand in Restaurant POS With an Acquisition of Online Ordering App iShop
PayFacto Inc., a payment solutions provider specializing in the hospitality industry, announced Thursday the acquisition of iShop, a technology provider for restaurants. The deal, for which terms were not disclosed, gives Montreal-based PayFacto an in-house online-ordering solution, something the company found was missing in its technology stack. As a result, …
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