Tuesday , January 7, 2025

Digital Transactions News staff

Affirm Posts Big Volume Gains And Other Digital Transactions News briefs from 8/26/22

The buy now, pay later provider Affirm Inc. reported gross merchandise volume for its June quarter totaled $4.4 billion, up 77% year-over-year. For the year ended June 30, volume came to $15.5 billion, up 87%. Active merchants ballooned from 29,000 a year ago to 235,000, driven by Shop Pay Installments, an Affirm …

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MoviePass Picks Usio’s Prepaid Service And Other Digital Transactions News briefs from 8/25/22

MoviePass, a movie-theater subscription service, selected Usio Inc. as its exclusive prepaid card issuing platform. Usio will be the program manager and processor for the upcoming MoviePass debit card it plans to issue to all subscribers.PayPal Holdings Inc., in conjunction with National Philanthropic Trust and Vanguard Charitable, launched Grant Payments, a product …

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Google Wallet Adds Markets And Other Digital Transactions News briefs from 8/24/22

Alphabet Inc. said it is expanding Google Wallet to six more countries, including South Africa, bringing to 45 the number of countries in which the product can be used. Google Wallet was introduced this spring as a replacement for Google Pay.Transaction processor Computer Services Inc. said it will be acquired by private investment firms Centerbridge …

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Dutchie POS Launches And Other Digital Transactions News briefs from 8/23/22

Dutchie, which develops technology for cannabis retailers, unveiled Dutchie POS, which includes a hardware terminal and point-of-sale software.In related news, point-of-sale technology vendor POSaBIT Systems Corp. announced an agreement to license its point-of-sale technology to an unnamed “large cannabis technology partner.” The agreement calls for a one-time fee to POSaBIT of $500,000, …

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CFPB Wants More from Block And Other Digital Transactions News briefs from 8/22/22

The Consumer Financial Protection Bureau has filed a petition with the U.S. District Court for the Northern District of California seeking to require Block Inc. to fully comply with the CFPB’s demands for information related to Block’s Cash App product, according to Bloomberg. Block said it is “disappointed” with the action and …

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Blackhawk Network’s Get Sports-Betting Gift Card OK and other Digital Transactions News briefs from 8/19/22

Blackhawk Network has received approval to offer its sports-betting gift card line, including its 2-year-old Game On card, in New York and Louisiana.Community Brands, a software and payments platform for nonprofits and schools, announced it has acquired BigSIS, a vendor of management software for educational institutions. Terms were not disclosed.Payments-technology provider Quisitive …

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RMS Acquires OrbaGraph And Other Digital Transactions News briefs from 8/18/22

OrbaGraph, a payment automation firm, said Revenue Management Solutions acquired the company. Private equity firm Thompson Street Capital Partners funded the acquisition. Terms were not disclosed.Dan Price, cofounder of Gravity Payments, which set a minimum starting annual salary of $70,000 for his employees and cut his salary from $1 million …

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Tulip Completes Moneris Integration And Other Digital Transactions News briefs from 8/17/22

Tulip.io Inc., a Toronto-based point-of-sale system provider, said it has a certified integration with Moneris Solutions Corp., a large payment processor in Canada. Moneris had a U.S. presence prior to 2016 when it sold the U.S. business to Vantiv Inc.The Western Union Co. said it has renewed an agreement to support digital …

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Choice Hotels Adds Choice Direct Pay Billing Option And Other Digital Transactions News briefs from 8/16/22

Choice Hotels International Inc. launched Choice Direct Pay, which allows businesses to make reservations for employees and guests at multiple properties with billing through a centralized invoice. The service works with more than 5,000 U.S. properties.Grocery Outlet Holding Corp. announced customers can order groceries for delivery from nearly 400 stores via online-delivery …

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BankiFi Raises $4.8 Million And Other Digital Transactions News briefs from 8/15/22

Technology startup BankiFi, which seeks to enable payments and banking functions for small businesses, announced it has received a $4.8 million investment to fund its expansion into North America. Praetura Ventures led the funding round.Focused Labs, a developer of custom payments software, said it has joined the Stripe Partner Ecosystem. Stripe Inc.’s …

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