Digital Transactions Authoritative, insightful and timely information for payments professionals

Dunkin’ Brands Group Inc. expanded its licensing agreement with CardFree Inc., the technology provider for the Dunkin’ Donuts mobile app. The deal includes a perpetual license to the CardFree software and greater control over the mobile-payments technology. Dunkin’ Brands also is licensed to use the technology for future services, including …

With economic conditions generally healthy in most of the world, Visa Inc. racked up $2.1 trillion in combined credit and debit payment volume in the quarter ended June 30, an 11.1% increase from $1.87 trillion a year earlier on a constant-currency basis.  The United States, by far the largest of …

An integrated payments strategy appears to be paying off for processor Total System Services Inc. (TSYS). The Columbus, Ga.-based company says it signed 45 new integrated payments partners in the second quarter. “Coupled with a strong pipeline of software providers across a diverse set of verticals, we believe this high-growth …

When it comes to the potential for Bitcoin and other cryptocurrencies to be a real-world payment method, users, investors, and blockchain executives have a somewhat mixed view on the matter. Asked whether they think more merchants will start accepting crypto this year, 49% agree and 23% strongly agree that they …

Payment processor Worldpay Inc. said Tuesday that it is testing what it calls Drone Pay, a payment system for drone-based package deliveries. “Worldpay’s Drone Pay proof of concept uses EMV contactless payment card technology to verify the identity of the recipient, ensuring a parcel is delivered to the right person …

Switch Inc., whose CardSavr application programming interface allows cardholders to manage card-on-file transactions and updates, said it is merging its technology with voice technology to make it possible for consumers to inquire about and update payment data with merchants via voice command. Custom Business Solutions Inc., a reseller of the …

Marketplace giant eBay Inc. will add Apple Pay acceptance for consumers and access to merchant funding via Square Inc.’s Square Capital this fall as the San Jose, Calif.-based company works on managing its own payments system. EBay is disengaging from payment services provided by PayPal Holdings Inc. In January, PayPal …

Alipay, the China-based mobile and online payments service, has been active over the past year signing up U.S. merchants, and on Tuesday it announced its latest addition: apparel seller Guess? Inc., which will accept Alipay at more than 50 of its stores in New York City, Las Vegas, and California, …

The impending demise of Snap Inc.’s Snapcash service comes at a time when peer-to-peer payment services are growing rapidly, but many consumers still remain hesitant to use them. Some of these consumers are confused about pricing, new findings from Fiserv Inc. suggest. Fiserv, a Brookfield, Wis.-based financial-institution processor, on Monday …

Beyond, the payments company started by Robert O. Carr in 2017, purchased Boosterville for an undisclosed amount. The company provides a service that connects nonprofit organizations with local merchants. Boosterville has been rebranded Chip-In. Visa Inc. and wire-transfer provider MoneyGram International Inc. said they teamed up to enable cross-border remittances using …

The crowded peer-to-peer payments market will soon become a little less crowded with the impending demise of Snap Inc.’s Snapcash service. Snapcash, which runs on Square Inc.’s P2P payments technology, will end Aug. 30, according to TechCrunch. The Silicon Valley news service said over the weekend that it discovered a …

Issues like price volatility, pokey transaction times, and sheer reputational risk have left many processors and independent sales organizations on the sidelines when it comes to cryptocurrency acceptance. Many, but not all. The latest entrant, and the largest so far, in this nascent market is Payroc LLC, which later this …

Payscout announced it purchased Paywire Inc. for an undisclosed amount. Payscout said it will expand Paywire’s education and health-care payments products to its merchants. Paywire’s tools consolidate payment software systems to reduce the scope of compliance and enhance security, Payscout said. Mobile point-of-sale specialist CardFlight Inc. lined up another distribution …

With hopes of providing merchants with a lower-cost network to make and accept electronic payments, startup MakeCents announced Friday a test of its blockchain-based platform. New York City-based MakeCents says its decentralized platform is designed to “disrupt the $420 trillion global payments infrastructure by leveraging its blockchain technology to connect …

Washlava, a mobile-payments provider for laundromats, opened its second app-enabled laundromat, in New York City’s Queens borough. Washlava’s first such location opened in 2017 in Tampa, Fla. Payments provider Century Business Solutions announced an integration with Limo Anywhere, a point-of-sale software developer for the livery and limousine industry. Users of …

Global investment in blockchain technology will double this year compared to 2017, reaching $1.5 billion, according to a new report from International Data Corp. Investment will increase over the next five years at an annual rate of 73.2%, Framingham, Mass.-based IDC forecasts, reaching $11.7 billion in 2022. “Enthusiasm for blockchain …

Walmart Inc. shoppers apparently aren’t as loyal to the giant retailer’s own mobile-payment service as they are to Apple Inc.’s Apple Pay. That’s one takeaway from the latest Mobile Pay Tracker from Auriemma Consulting Group. New York City-based ACG found that Walmart shoppers who use Apple Pay and have a …

Sundance Payment Solutions launched this month, said president Eric Barth. The company works with independent sales agents to sell a suite of payment-processing services. Payments provider Fattmerchant announced it has closed on a $10.5 million Series C funding round led by Fulcrum Equity Partners. The funding will help launch new …

Fresh from its victory in the U.S. Supreme Court, American Express Co. on Wednesday said card-billed business in the more mature U.S. market and its international markets both grew by 10% in the second quarter. New York City-based AmEx reported a total of $296.5 billion in card-billed business versus $269.6 …

The days of dipping a card into an ATM to withdraw cash may not be as frequent for even more consumers with the announcement Wednesday that Co-Op Financial Services launched its Cardless Cash Access service. Rancho Cucamonga, Calif.-based Co-Op, a credit-union service organization, says the service can be used on …