Paycosmos, a provider of virtual and point-of-sale terminals, has teamed with payments provider linked2pay to launch “ISO in a Box,” a platform that offers sales agents support with acquiring and underwriting merchants and help with payments technology. Cashierless technology like that of Amazon Go will account for $45 billion in …
Read More »Nxt-ID To Spin Off Payments Business and other Digital Transactions News briefs from 9/21/18
Nxt-ID Inc. announced it will spin off its payments, authentication, and credential-management assets, including its FitPay unit, into a separate and independent company. It expects to complete the transaction by Nov. 15. Michael Orlando, currently chief operating officer at Nxt-ID and president of FitPay, will become chief executive of the …
Read More »Fattmerchant Makes QuickBooks Online Integration and other Digital Transactions News briefs from 9/19/18
Mobile POS specialist CardFlight released version 5.0 of its SwipeSimple payment-acceptance service. Among the new features are pairing receipt printers and countertop hardware for issuing receipts via a mobile printer; discount options; item images; and a virtual terminal with address-verification support. Payments provider Fattmerchant announced an integration with QuickBooks Online …
Read More »BlueSnap Now Processing In Australia and other Digital Transactions News briefs from 9/18/18
Processor First Data Corp. said it shipped its 1 millionth Clover point-of-sale sale device aimed mainly at small and mid-sized merchants; the device went to Friesen-Apotheken, a pharmacy chain based in Bad Malente, Germany. Payments platform BlueSnap has begun local processing for business-to-business and business-to-consumer companies in Australia. Buildium, a …
Read More »Heartland Adds APIs for Ingenico Device and other Digital Transactions News briefs from 9/17/18
Business-software provider Infor said it purchased Vivonet Inc., which provides point-of-sale software to the hospitality industry. Terms were not disclosed. Global Payments Inc. announced its Heartland acquiring and technology unit has developed application programming interfaces, end-to-end encryption support, and other software for Ingenico Group’s Desk/3500 terminal. PayPal Holdings Inc. announced …
Read More »Grubhub Closes LevelUp Deal and other Digital Transactions News briefs from 9/14/18
Grubhub, an online and mobile food-ordering marketplace, closed on its previously announced acquisition of LevelUp, a mobile-payments and -promotions platform, for $390 million in cash. Dream Payments, a digital-payments platform provider, released an application programming interface that allows insurers to link to the Dream Payments Hub as well as Mastercard …
Read More »FreedomPay Scores Lincoln Financial Field Deal and other Digital Transactions News briefs from 9/13/18
FreedomPay, a payments provider specializing in sports stadiums and hospitality venues, announced a multiyear agreement with Lincoln Financial Field, the home stadium for the Philadelphia Eagles, to process payments at more than 300 points of sale. Revenue from so-called over-the-top content-subscription platforms will rise dramatically in part because of streamlined …
Read More »Rambus Token Gateway Receives Visa OK and other Digital Transactions News briefs from 9/12/18
Rambus Inc. announced its token gateway for e-commerce is one of the first such services to be certified by the Visa Ready program. The gateway streamlines links to the Visa Token Service to tokenize payment credentials for merchants, payment service providers, and merchants. Mobile-payments specialist Glance Technologies Inc. said its …
Read More »GAO Calculates Equifax Breach Impact and other Digital Transactions News briefs from 9/11/18
Georgia State University announced that the new Georgia FinTech Academy, a talent-development initiative involving Georgia’s 26 public institutions of higher learning, will have physical locations at Georgia State and in Atlanta’s Buckhead neighborhood. The FinTech Academy is supported by the Atlanta-based American Transaction Processors Coalition. One year after credit-reporting agency Equifax Inc. disclosed its …
Read More »PayRange Debuts PayRange Air and other Digital Transactions News briefs from 9/10/18
Merchant processor Paysafe launched Paysafe Accelerated Funding, which allows merchants to receive settlement of funds on the same day or next day. The service relies on arrangements the company has made with Ingo Money, a push-payments provider, and Company.com, a business-software aggregator. Vending-payments specialist PayRange Inc. launched PayRange Air, a …
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