Saturday , November 23, 2024

Digital Transactions News staff

Debit Use Rises at Restaurants and other Digital Transactions News briefs from 10/5/20

For the week ending Sept. 27, debit card use was up 4.2% at restaurants, not including fast food, and credit card use was down 16.9% compared to the week ending Sept. 29, 2019, according to the Tracking Transaction Trends report from PSCU, a credit union service organization. Debit card use was …

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Installment Payments Provider Sezzle Lines up Untuckit and other Digital Transactions News briefs from 10/2/20

Point-of-sale credit provider Sezzle said apparel retailer Untuckit chose Sezzle as its preferred buy-now-pay-later option.Private-label card transaction processor Alliance Data Systems Corp. launched its Enhanced Digital Suite, a set of features aimed at increasing customer awareness of payment and credit options earlier in the shopping cycle.Perk Labs Inc. said its Perk Hero mobile app can …

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Worldline/Ingenico Deal Moves Ahead and other Digital Transactions News briefs from 10/1/20

Ingenico Group S.A. said the European Commission approved Worldline S.A.’s $8.6 billion deal to acquire the point-of-sale terminal maker. Ingenico also said the French financial markets authority set Oct. 15 as the closing date for the tender offer for Ingenico securities. If successful, the acquisition could close Oct. 28, Worldline said.In related news, Ingenico …

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Blackhawk’s New Gift Card Issuing Service and other Digital Transactions News briefs from 9/30/20

Blackhawk Network launched its Issuance and Program Management Solution, a service that enables companies to outsource their gift card and digital gift programs through Blackhawk. The new service is enabled by the company’s recent acquisition of SVM, a provider of open- and closed-loop gift card technology.Payroc LLC said its affiliate invested $2.6 …

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Nuvei Makes a Bet on Colorado and other Digital Transactions News briefs from 9/29/20

Nuvei Corp. said it received a sports betting vendor license in Colorado, enabling it to process payments there for regulated sports betting sites and apps.Mastercard Inc. and ACI Worldwide Inc. said they will collaborate to support real-time payments capabilities, initially for central banks, payments networks, financial institutions, and payments providers.To help businesses …

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Mobile Wallet Debit Card Use Grows and other Digital Transactions News briefs from 9/28/20

Consumers appear to like using their mobile wallets for payments, with PSCU, a credit union service organization, reporting a 70.3% increase in the use of debit cards for the week ending Sept. 20 over the week ending Sept. 22, 2019. Credit card use in wallets was up 50.4%.Some 76% of small-business owners will …

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Cleure Adding Afterpay to Express Checkout and other Digital Transactions News briefs form 9/25/20

Cleure, a marketer of skin-care products, announced it will launch a redesigned Web site whose features include an express checkout with installment-lending capability from Afterpay Ltd.Payments provider Trust Payments said it has joined with property-management software provider Guestline to launch GuestPay, a payment service for hotel managers. The service is available in 25 …

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Revel Advisory Board Debuts and other Digital Transactions News briefs from 9/24/20

Point-of-sale system develop Revel Systems Inc. formed the Revel Advisory Board, whose members will advise and guide Revel clients on subjects such as franchise planning, scalability and growth, technology, and data use.Processor Paya Inc. and FinTech Acquisition Corp. III, a special-purpose acquisition company, announced FinTech Acquisition Corp. III has filed a Form S-4 related to the …

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Clearent Acquires Wintac and other Digital Transactions News briefs from 9/23/20

Clearent LLC announced the acquisition of Wintac, a software developer for the residential contractor industry. Wintac will become part of FieldEdge, a Clearent subsidiary. Terms were not disclosed.Payments provider Priority Technology Holdings Inc. has completed a previously announced sale of its RentPayment business to real-estate technology provider MRI Software. Priority will continue to …

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POS Credit To Grow 92% and other Digital Transactions News briefs from 9/22/20

Online purchases using installment credit will total $680 billion globally in 2025, up 92% from $353 billion last year, projects Kaleido Intelligence.In related news, point-of-sale installment lender Laybuy launched a partner program to help smaller retailers offer the credit. More than 6,000 merchants offer Laybuy.MetaBank N.A., a unit of Meta Financial Group Inc., …

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