PayJunction announced its No-code Payments Integration Platform, a free browser extension that enables quick integration of payment features in any cloud software platform. The online grocery delivery service Instacart said it has initiated service in Alaska, making the company the first to enable in all 50 states grocery payments using Supplemental Nutrition Assistance …
Read More »Visa Commercial Pay Deal Extended And Other Digital Transactions News briefs from 8/10/23
Visa Inc. said it has extended for four years an agreement with U.K.-based Conferma Pay to support Visa Commercial Pay, a set of business-to-business payments technologies. Payments provider Vanco Payments said its Web-based RevTrak technology will support donations through Livingtree Give, fundraising software from the Livingtree fundraising platform. India-based Tata Group’s Tata AIA Life …
Read More »i3 Verticals Revenue up 16.5% And Other Digital Transactions News briefs from 8/9/23
i3 Verticals Inc. generated $93.9 million in fiscal third quarter revenue, up 16.5% from $80.6 million in the corresponding quarter in 2022, ended June 30. Its quarterly loss widened to $6.7 million from $4.7 million last year for the same period. Rebate-management platform Vendavo announced a collaboration with Oracle to ease payments and …
Read More »Circle’s Crypto Wallet Boost And Other Digital Transactions News briefs from 8/8/23
Digital-currency platform Circle Internet Financial has collaborated with Euro Coin to announce Programmable Wallets, aimed at enabling developers to embed crypto wallets in their apps. Payments platform InComm Payments announced it has acquired Zenda, a technology provider for health and benefits administration and provider of platforms for health-savings and flexible-spending accounts. Terms were not …
Read More »iWallet’s RDC in the Field And Other Digital Transactions News briefs from 8/7/23
Fintech iWallet, whose technology lets repair personnel and other field-service providers process checks on a smart phone, said it is seeing growth among small businesses such as those in the plumbing, appliance-repair, electrical, and HVAC fields. Financial-technology provider Ascend will provide its billing-technology platform to process transactions for NFP, a property and casualty …
Read More »Digital Dollar Project Completes Cross-Border Test And Other Digital Transactions News briefs from 8/4/23
The Digital Dollar Project announced benefits such as reduced cost and risk from a recent pilot of a retail central bank digital currency for cross-border transactions. The DDP ran the project in the Philippines in partnership with The Western Union Co., supported by the consulting firm Accenture. Digital-currency platform Circle Internet Financial Inc. launched the …
Read More »PayPal Revenue at $7.3 Billion And Other Digital Transactions News briefs from 8/3/23
PayPal Holdings Inc. reported $7.3 billion in June-quarter net revenue, up 7% year-over-year, as total payment volume grew 11% to $376.5 billion. Payment transactions were up 10%, to 6.1 billion. Total active accounts increased only slightly to 431 million from 429 million a year ago. Net income swung from a loss …
Read More »An AmEx Checkout Integration And Other Digital Transactions News briefs from 8/2/23
Checkout provider Skipify said its technology is launching exclusively with American Express Co. to enable select cardholders to link to eligible AmEx cards to checkout with participating merchants. The integration means consumers will not need to manually enter their payment and billing details, which could help with merchant approval and conversion rates, …
Read More »Verifone’s New Boss And Other Digital Transactions News briefs from 8/1/23
Payments technology provider Verifone Holdings Inc. announced Mike Kohlsdorf has joined the company as chief executive, succeeding Mike Pulli. Kohlsdorf’s background includes CEO positions with eight portfolio companies of Verifone backer Francisco Partners. Pulli has been CEO since 2018. Payments technology firm Weave, a specialist in small and medium-size businesses, announced an expansion …
Read More »Global Airlines And AmEx And Other Digital Transactions News briefs from 7/31/23
Global Airlines, which launched this year and expects its first flight in 2024, announced it is accepting American Express for ticket bookings. The big China-based mobile-payments provider Alipay said its Alipay+ service, which includes marketing support, launched its Premier Partner Program globally with enrollment so far by 30 Asian retailers. Specialty-insurance carrier Blitz Insurance …
Read More »