Tassat Group Inc., a provider of real-time business-to-business payments based on blockchain technology, said its client-facing application programming interface enables an “on-ramp” to FedNow, the Federal Reserve’s real-time payments service, which is expected to begin commercial service in July. Liquidity Financial launched CauseCard, a Visa-branded debit card with a connected app …
Read More »Bitcoin Depot Adds More ATMs And Other Digital Transactions News briefs from 3/21/23
Lux Vending LLC, which does business as Bitcoin ATM operator Bitcoin Depot Inc., has agreed to deploy its machines in 125 locations owned by convenience-store chain GetGo Cafe + Market. Overall, Bitcoin Depot operates approximately 7,000 machines in 48 states and 10 Canadian provinces. Digital-currency provider Circle Internet Financial LLC said it has …
Read More »WebbRes Picks Preferred And Other Digital Transactions News briefs from 3/20/23
Payments-technology fintech Preferred Payments is working with WebbRes, a provider of management systems for trailer dealers, to enable dealers to process payments within the WebbRes platform. Ascend, a provider of payments technology to the insurance industry, announced an integration with the AMS360 agency-management platform from Vertafore. The Western Union Co. said money transfers …
Read More »U.S. One of Two Markets with No Contactless Cap and other Digital Transactions News briefs from 3/17/23
Merchant Machine, a United Kingdom-based payments information and comparison site, issued a report on contactless transaction limits around the world. Only two nations, Ecuador and the United States have no limit, though banks or merchants may set their own limits, Merchant Machine said. Payments-technology provider BHMI announced an entity-relationship component for its …
Read More »Klarna’s BNPL ‘Conscious Badges’And Other Digital Transactions News briefs from 3/16/23
The buy now, pay later platform Klarna AB launched “conscious badges,” which allows users to access information on greenhouse gas emissions and other environmental factors regarding contemplated electronics purchases. Payments provider Get Beyond said it has added a channel-sales division to be led by Shawn Lally, who will report to chief executive Mike Peters. …
Read More »GasBuddy Hits 2 Million Members And Other Digital Transactions News briefs from 3/15/23
GasBuddy LLC, a fuel-savings platform, announced its Pay with GasBuddy program has now attracted more than 2 million members since its launch in 2017. The program includes a Pay with GasBuddy card linked to the user’s checking account. Users receive a discount of up to 25 cents per gallon when paying at …
Read More »Cheq On Deck at Target Field And Other Digital Transactions News briefs from 3/14/23
Cheq Inc., a mobile and social hospitality payments provider, said it will provide the mobile ordering platform at Target Field, the home stadium of the Minnesota Twins Major League Baseball team. Available via the MLB Ballpark app, the service will enable consumers to order and pickup at select concession stands. …
Read More »RevoluGroup To Add Visa Direct And Other Digital Transactions News briefs from 3/13/23
RevoluGroup Canada Inc. said its RevoluPay mobile-payments app has added payments on the automated clearing house in the United States, the Faster Payments Service (FPS) in the United Kingdom, and SEPA Instant in Europe. The company said it will add Visa Direct in May. The total value of payments made with …
Read More »Mercedes pay+ Will Have U.S. Presence, One Day And Other Digital Transactions News briefs from 3/10/23
A Mercedes-Benz spokesperson tells Digital Transactions News its Mercedes pay+ in-car payment service that turns the vehicle into a payment device will appear in its U.S. models, though it cannot share a timeframe for that. Announced earlier this week, Mercedes pay+ will initially be available in Germany and in other European markets later this …
Read More »Silvergate To Wind Down And Other Digital Transactions News briefs from 3/9/23
Silvergate Capital Corp. said it will wind down its operations and return deposits to customers after it was forced to sell assets at a loss. Silergate last year acquired the assets of stablecoin venture Diem Group, formerly known as Libra. U.S. retail sales in February, excluding automotive, were up 6.9% from February 2022, …
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