EBay Inc. announced new payments application programming interfaces for developers, including a Finances API, an Account API, and a Fulfillment API. The new APIs are designed for the online marketplace’s new managed-payments program, in which the company has taken over payments processing from long-time provider and former subsidiary PayPal Holdings …
Read More »Pineapple Payments Acquires Card Champ and other Digital Transactions News briefs from 6/25/19
Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed. Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines. Payment Data Systems Inc. changed its name to …
Read More »Sezzle Enters Canada and other Digital Transactions News briefs from 6/24/19
Point-of-sale installment-loan provider Sezzle Inc. said its service is now available at “thousands” of online stores in Canada. SSI Group, a provider of payments-related software for the health-care industry, announced a capability that relies on machine learning to predict when providers will receive payments from payers. In related news, U.S. …
Read More »American Cash Exchange Strikes Ria Deal and other Digital Transactions News briefs from 6/21/19
American Cash Exchange Inc. said its Poni operation struck a deal with Euronet Worldwide Inc.’s Ria money-transfer unit that enables consumers in Mexico to withdraw cash from U.S.-originated remittances at nearly 50,000 Mexican ATMs without paying fees after they buy and register a Poni Cash Card, which costs 10 pesos …
Read More »Allied Payment Debuts Bill-Payment Tech and other Digital Transactions News briefs from 6/20/19
Online and mobile bill-payment provider Allied Payment Network announced what it says is a “first of its kind” real-time digital bill-payment technology. The company developed the product in collaboration with Finastra, a software provider to financial institutions. Payments provider International Bancard said it was named the official credit card processor …
Read More »Regulators Balk at Facebook’s Libra and other Digital Transactions News briefs from 6/19/19
The Facebook-led announcement of the Libra cryptocurrency is evoking blowback both in the United States and overseas. House Financial Services Committee chairwoman Maxine Waters (D-Calif.) called for Facebook to halt the planned launch of Libra until Congress has had a chance to hold hearings on the cryptocurrency. Elsewhere, the governor …
Read More »Celero Commerce’s Two Acquisitions and other Digital Transactions News briefs from 6/18/19
Celero Commerce announced two acquisitions, those of Elmhurst Financial Services and Tandem Innovative Payment Solutions. Following the deals—financial terms were not disclosed for either—Celero will have approximately 25,000 merchants and process approximately $10 billion in annual payment volume. Payment Alliance International said it acquired ISA-ECash, an ATM operator and developer …
Read More »No Data Lost in Weekend Target POS Glitches and other Digital Transactions News briefs from 6/17/19
Target Corp. was hit by two point-of-sale glitches this past weekend. On Sunday afternoon the retailer was unable to process certain card transactions at some of its 1,800 stores for about 90 minutes due to an issue at a data center of its payment-services vendor, NCR Corp., Reuters reported. Sunday’s …
Read More »PPRO Acquires Allpago and other Digital Transactions News briefs from 6/14/19
Cross-border payments firm PPRO announced its acquisition of Allpago, a payment and gateway provider in Latin America. Terms were not disclosed. Payments-services provider i2c Inc. said it is working with Zero, a financial-technology company that provides banking services. Payveris LLC completed its $7 million Series D funding round led by …
Read More »TCH Adds Another RTP Client and other Digital Transactions News briefs from 6/13/19
FirstBank, one of the largest privately held financial institutions in the United States, said it has committed to using the Real Time Payments network from The Clearing House Payments Co. Glint Pay Ltd., a startup that lets people make purchases on a debit Mastercard backed by gold, announced a $6.4 …
Read More »