Digital Transactions Authoritative, insightful and timely information for payments professionals
- Amazon.com Inc.’s two-day Prime Day event this week racked up more than $12.09 billion in sales, up 8% from last year’s event, according to an estimate from Digital Commerce 360.
- Privately held payments provider Stripe Inc. reduced the internal value of its shares by 28% to about $29 per share, resulting in a valuation for the company of $74 billion, according to The Wall Street Journal. A previous valuation by private investors pegged the company at $95 billion.
- In related news, the digital-marketing platform LTK said it is working with Stripe to enable payments to campaign creators via the LTK Connect platform.
- Squire Technologies, a technology-platform provider for barber shops, launched Tap to Pay on iPhone for U.S.-based barbers in conjunction with payments provider Stripe Inc. The technology allows merchants to accept contactless card payments on an Apple iPhone with no attached device.
- PayGround, a payments provider specializing in health care, launched its Payment API, an application programming interface that eases integration with PayGround’s platform for medical offices.
- Authvia has been awarded U.S. Patent No. 11,144,895 by the U.S. Patent & Trademark Office for “Methods and Systems for Message-Based Bill Payment,” the basis for Authvia’s TXT2PAY technology, which enables customers to pay businesses with a text response.
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