Buy now, pay later specialist Affirm Inc. has agreed to offer financing options to customers using ArcBest’s U-Pack moving company. Weave, a provider of payments and management software to medical practices, introduced Call Intelligence, technology based on artificial intelligence and aimed at analyzing data from patient calls. Payments processor HubSpot Inc. said it agreed …
Read More »Mastercard, Citi in Cross-Border Plan and other Digital Transactions News briefs from 10/10/24
Mastercard Inc. and Citi announced they are working on a service to offer cross-border payments to Mastercard debit cards in 14 markets, including the United States. Cardholders in these markets will be able to receive payments from Citi clients in near-instant transaction times. Citi is using Mastercard Move, the card brand’s …
Read More »BMO’s PaySmart Launches and other Digital Transactions News briefs from 10/9/24
Canada-based BMO Financial Group launched PaySmart in the U.S. market. PaySmart is a credit card feature that lets users divide transactions of $100 or more into installments over three, six, or 12 months at a monthly fee. Travel payments network UATP has added buy now, pay later platform Floa as another installment payment option. …
Read More »Plaid Collaborates with Ansa and other Digital Transactions News briefs from 10/8/24
Open-banking platform Plaid is collaborating with digital-wallet provider Ansa to offer a pay-by-bank capability to restaurants and other merchants, with wallet transactions handled via the automated clearing house. Payments-technology platform Modern Treasury launched widened support for connectivity to FedNow and The Clearing House’s RTP network for real-time payments, as well as other moves to …
Read More »Paysafe’s Latest GIG of Holiday Gift Budgets and other Digital Transactions News briefs from 10/7/24
Paysafe Ltd. will process transactions for clients of Gaming Innovation Group in North America, the United Kingdom, continental Europe, and Latin America that have adopted Gaming Innovations’ CoreX player-account management system. Silverblaze, a developer of customer-engagement software for utility companies, will adopt billing and payment technology from Kubra and has joined …
Read More »Gift Cards To Comprise 48% of Holiday Gift Budgets and other Digital Transactions News briefs from 10/4/24
A report from prepaid card platform Blackhawk Network indicates consumers will spend $760 on holiday-season gifting this year, flat with 2023, though they say they will spend 48% of their holiday budget through gift cards, up from 39% last year. The company surveyed 2,000 U.S. consumers in July. Pye, a hospitality point-of-sale …
Read More »Priority’s Bill Pay Change and other Digital Transactions News briefs from 10/3/24
The Priority Commerce unit of Priority Technology Holdings Inc. has replaced the subscription billing model for Plastiq, its bill pay service, with a transaction fee per use. It also made all formerly premium subscription tools available to all users. The Small Business Index from the processor Fiserv Inc. indicates small-business sales and total …
Read More »CellPoint’s PayU GPO Alliance and other Digital Transactions News briefs from 10/2/24
CellPoint Digital, a payments-orchestration platform, announced an alliance with PayU GPO, a platform for alternative payment methods operating in more than 50 markets globally. In related news, payments-orchestration platform Transcard said it now supports payments globally through multiple currencies in an effort to smooth payments for financial companies operating worldwide. Duck Creek …
Read More »Stax Acquires BlockChyp and other Digital Transactions News briefs from 10/1/24
Payments-technology provider Stax announced it has acquired payments-gateway provider BlockChyp. Terms were not announced. Payments provider TrustCommerce said its Cloud Payments platform has been certified by all major U.S. processors, including Fiserv, Chase, Elavon, Global Payments/TSYS, and Worldpay. The temporary-staffing platform Indeed Flex is working with payment provider Branch to launch a service called Same Day …
Read More »PrePass Marks Integration and other Digital Transactions News briefs from 9/30/24
PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …
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