Digital Transactions Authoritative, insightful and timely information for payments professionals

To provide merchants in the United Kingdom and Europe with an international and domestic payout service, Paysafe Ltd. is integrating Mastercard Send into its platform. The deal will enable businesses in those regions to send payments to cards, bank accounts, and mobile wallets. Such capabilities are expected to be highly …

With restaurants scrambling to launch digital-payment options and a bevy of firms eager to satisfy that demand, the technology giant Oracle Corp. on Tuesday launched its Oracle Food and Beverage Payment Cloud Service. The Redwood Shores, Calif.-based company bills the new product as standing alone in offering contactless payments and …

Dining-deal Web site Restaurant.com will work with payments provider Blackhawk Network to expand the site’s gift card program via Blackhawk’s online distribution network.SpotOn, a payments provider for restaurants, has been named a preferred technology partner by the New York State Restaurant Association.Amount, a fintech specializing in the rapidly expanding buy now, pay …

Competition in the hotly contested restaurant point-of-sale market continues to heat up as vendors transform themselves from payment-device providers to technology hubs. Sausalito, Calif.-based VividPayments LLC became the latest entrant looking to carve out a slice of the market Monday with the launch of Vivid POS, an iOS- and Android-based …

E-commerce growth exploded during the pandemic, but international sales can be a challenge for small online sellers that confront challenges like currency conversions or sometimes burdensome fees. Early Monday, the cross-border payments firm LianLian Global announced its Cross Border Wallet, aimed at unraveling these challenges particularly for e-commerce merchants selling …

Payments platform ISVPay said it is working with Unattended Card Payments, a specialist in unattended hardware, on a full-service unattended payment service.Technology company Fobi AI Inc. has partnered with Barnet Technologies, a vendor of sales and inventory-management software, to launch Bevy Pass, a digital wallet for the retail liquor and hospitality industry.CAI Software LLC, …

The expansion of buy now, pay later payment options in the travel industry continued with the announcement Thursday that Uplift has signed Sun Country Airlines. Through Uplift, passengers on Sun Country flights can split payments for their tickets with three, six, or 11 monthly installments as an alternative to paying …

While buy now, pay later financing has been a big hit with consumers, especially those who use the loans to increase their buying power or as a budgeting tool, they have come under criticism for increasing debt loads for consumers with shaky finances. That has given rise to the idea …

Blockspaces, a company that links businesses to blockchain networks, announced it will work with Cogent Bank to use the bank’s real-time, tokenized payment platform and other services.Digital-giving platform DipJar said it is releasing early access to DipJar Online, an online version of its in-person fundraising app.Digital payments provider One Inc said insurer Union Mutual …

Adyen NV announced late Wednesday an expansion of its agreement to process mobile-app transactions for McDonald’s Corp. to include the United States. Adyen has processed payments from mobile apps for the global restaurant chain in the United Kingdom since 2020. As part the deal, Adyen will enable consumers enrolled in …

Snarled supply chains and production shortfalls continue to plague the semiconductor industry, leading the Smart Payment Association to warn early Thursday that significant shortages in card deliveries will continue in the payments industry for at least another 18 months. What’s more, these credit and debit card deliveries that are being …

Chargebacks911 said it is working with AirlinePros, a distribution company for airlines, to combat chargebacks wrongly filed against air carriers as air travel continues to recover.In related news, the Mastercard Economics Institute estimated 1.5 billion more passengers will book flights in 2022 than did so last year, indicating a rebound for air travel …

The confluence of the explosion in digital transactions the past two years, hyper-inflation, and pent-up consumer demand has created a perfect storm that is allowing fraudsters to lure consumers into online traps that result in financial losses. A recent report from Sift Science Inc. reveals that such scams account for …

It may have attracted the attention of federal regulators, but the buy now, pay later trend is poised for further strong growth driven by easier-to-use apps, the entry of major new players like Apple Inc., and expansion into new retail markets, according to a report issued early Wednesday. U.S. purchase …

Mastercard Inc. released what it says is its first music album, featuring 10 songs that include the melody of the card network’s advertising. The album was launched at the Cannes Lions Festival of Creativity.Processor Jack Henry & Associates said more than 250 financial institutions are now using its platform, JHS PayCenter, to …

Sports stadiums and entertainment venues continue to be a major focus for Shift4 Payments Inc. On Tuesday, the processor announced it will provide payment processing and online ordering for food and beverage concessions, as well as retail sales, at Nashville’s Nissan Stadium, home of the National Football League’s Tennessee Titans. …

Stripe Inc. has introduced a direct-transfer product that it says allows users to send payments from their bank accounts to businesses without the account-reconciliation headaches that have historically plagued wire transfers. The new service is now available in the United States, Mexico, and the European Union, having been launched in …

POSaBIT Systems Corp., a point-of-sale system provider for the cannabis industry, announced a private placement of more than 5.8 million shares that generated approximately C$47.7 million ($3.6 million) that will help support its launch in eight U.S. state by year’s end.Corpay, a payments-technology unit of the U.S.-based payments provider Fleetcor, …

Cross-border payments specialist PingPong Payments has partnered with the card network JCB International to enable JCB merchants in Hong Kong to receive online payments from JCB cardholders worldwide. The deal, which means PingPong now has direct relationships with all six major international credit card networks, strengthens the company’s position in …

Citing a gap in the market for real-time loan repayments to financial institutions, bill-payment provider Payveris has launched Loan Payments, a service that can handle payments on debit cards and via the automated clearing house, as well as in cash. The new service comes in response to what the Cromwell, …