Walmart Inc. has joined Paymentus Corp.‘s Instant Payment Network for bills paid in Walmart stores. Other users of the network are Amazon.com Inc. and PayPal Holdings Inc.Modern Treasury, a startup payments-technology provider, said clients reconciled more than $100 million on its platform in August, with volume growing at a compound monthly …
Read More »CardFlight’s Latest Small Business Data and other Digital Transactions News briefs from 9/2/20
CardFlight Inc. released its Small Business Report for Sept. 2 that shows contactless payments made at more than 65,000 small businesses for the week of Aug. 24-30 were up 140.3% from the base week of March 2 to 8. The report also predicts that there may be up to 50% fewer …
Read More »Shift4 and Sionic Target Restaurants and other Digital Transactions News briefs from 9/1/20
Shift4 Payments Inc. will provide tokenization, gateway, and end-to-end payment processing for a digital-commerce platform from Sionic Mobile Corp., according to a joint announcement from the companies. The initial focus is on restaurants, including services for online ordering and existing mobile payment and loyalty apps.Fiserv Inc. announced that starting Tuesday consumers with Alexa-enabled cars or …
Read More »Quadpay in Vyze Deal and other Digital Transactions News briefs from 8/31/20
Point-of-sale credit provider Quadpay Inc. said it is working with Mastercard Vyze, the card brand’s alternative financing platform, to make buy-now-pay-later options available to more merchants and consumers.Noting the increasing popularity in Canada of Square Inc.’s Cash App and PayPal Holdings Inc.’s Venmo app in the face of that country’s Interac bank-to-bank …
Read More »Mastercard’s Streamlined Retail and Other Digital Transactions News Briefs from 8/28/20
Circle K, Delaware North, Dunkin’, and White Castle are among retailers working with Mastercard Inc.’s Shop Anywhere and AI Powered Drive Through services, which aim to reduce customer waiting times and checkout lines while offering vehicle recognition, voice ordering, and artifical intelligence for drive-through lanes.Point-of-sale installment lender Affirm Inc. announced it is providing …
Read More »Bill.com Teams With Keybank And Other Digital Transactions News From 8/27/20
Cloud-based business software provider Bill.com has teamed with KeyBank to launch Key CashFlow, an online-banking facility that streamlines payments for small businesses.Point-of-sale installment lender Affirm Inc. said it is working with David’s Bridal to allow brides to pay for their wedding gowns with payments over three or six months at …
Read More »EVO Teams With OTI And Other Digital Transactions News Briefs From 8/26/20
EVO Payments Inc. said it will offer payment equipment and services from On Track Innovations Ltd. to independent software vendors and unattended payments merchants.Bluefin Payment Systems LLC announced that Invoice Cloud, an electronic bill presentment and payment provider, will use Bluefin’s point-to-point encryption service.Data security services provider ControlScan Inc. said …
Read More »Discover’s Car Commerce and Other Digital Transactions News Briefs from 8/25/20
Discover Network said it has allied with fintech Car IQ to develop a payment platform to enable automotive fleets to conduct in-car transactions through the Discover global network.In announcing its latest smart watch, Fitbit Sense, Fitbit says its Fitbit Pay digital wallet is included for contactless transactions, a feature the company says plays …
Read More »Ticketing’s Rebound And Other Digital Transactions News Briefs From 8/24/20
Transaction volumes globally for digital tickets for air and rail travel and for events will reach 12.7 billion this year and will pass pre-Covid levels by 2022 at 32 billion, according to a report from Juniper Research. Transportation ticketing, however, is recovering more slowly, with transaction values not expected to reach pre-Covid …
Read More »Paystand Business Clients up 40% and Other Digital Transactions News Briefs from 8/21/20
Blockchain-based business-to-business payments platform Paystand Inc. reported its service now supports 140,000 businesses, up 40% year-over-year, including 150 new enterprise clients. It also said its revenue has grown 1007% over the past three years.Cryptocurrency provider PayFBit announced it is organizing an initial coin offering to help fund the company, which offers a wallet, peer-to-peer …
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