Wednesday , September 18, 2024

Digital Transactions News staff

EVO Reverses 3Q Loss and other Digital Transactions News briefs from 11/5/20

EVO Payments Inc. reported third-quarter revenue of $117 million, a 4.4% decrease from $122.4 million in the same period a year ago. Its profit, however, of $5.8 million reversed a $1.8 million loss last year. In the quarter, EVO launched EVO Direct Deposit, a real-time settlement service for merchants.The Covid-19 pandemic made …

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Gravity Payments’ RV Payments Integration and other Digital Transactions News briefs from 11/4/20

Payments provider Gravity Payments said it is processing mobile transactions for IDS Service360, a new software product that integrates with a management system from Integrated Dealer Systems for RV, marine, and trailer dealers.Coro Global Inc., whose app allows users to make payments backed by physical gold, announced its Coro Corp. unit has …

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CPI Card Sales up 22% and other Digital Transactions News briefs from 11/3/20

Payment card manufacturer CPI Card Group Inc. said net sales of debit and credit cards grew 22% year-over-year to $62.7 million in the third quarter. Net sales of prepaid debit cards dipped 1% to $20.6 million. For the nine months through September, credit and debit card sales rose 19% to $180.9 million, …

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Tapped Debit Purchases at $20.53 Average and other Digital Transactions News briefs from 11/2/20

The four-week average purchase amount for contactless transactions made with a debit card is $20.53, lower by 49% from the $40.43 overall average for purchases made with debit cards, said PSCU, a credit union service organization, in its weekly Tracking Transactions Trends report.Nacha announced that Nivelo Inc., a specialist in payments security for …

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Western Union P2P Transactions up 6% and other Digital Transactions News briefs from 10/30/20

The Western Union Co. reported third-quarter revenue of $1.259 billion, down 4% year-over-year. Peer-to-peer transactions in the quarter totaled 77.3 million, up 6%.MoneyGram International Inc. reported third-quarter revenue of $323.2 million, down 1% year-over-year on a constant-currency basis. Digital transactions accounted for a 27% share of all money transfers in the quarter.Amazon.com …

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Global Payments Revenue Down 4% and other Digital Transactions News briefs from 10/29/20

Processor Global Payments Inc. reported adjusted net revenue of $1.746 billion for the third quarter, down 4% year-over-year on a combined basis. Global acquired processor TSYS Inc. last year.FIS Inc. reported total third-quarter revenue for its merchant-processing unit of $1.02 billion, up 44% year-over-year. The lift comes chiefly from the acquisition of the …

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Visa To Acquire YellowPepper USA and other Digital Transactions News briefs from 10/28/20

Visa Inc. has agreed to acquire YellowPepper USA Inc., whose technology supports financial institutions in Latin America and the Caribbean in launching cards and other financial services. Terms of the transaction, which is expected to close in the next few weeks, were not announced.Celero Commerce said it will acquire TransNational Payments. Celero …

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Ria Inks Kroger Deal and other Digital Transactions News briefs from 10/27/20

Ria Money Transfer, a unit of Euronet Worldwide Inc., said its services will be available in more than 2,000 Kroger stores. Ria also announced that Fiesta Mart, a grocery chain based in Texas with 59 stores, will offer its money-transfer services.A survey from daVinci Payments found that 52% of women intend to spend …

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USAT Completes EMV Advance and other Digital Transactions News briefs from 10/26/20

USA Technologies Inc., a payments-technology provider for the vending-machine business, announced it has completed the introduction of EMV and contactless EMV acceptance capability for its ePort G10-Chip reader line. The enhancement process was launched in February.The Western Union Co. said it now has added bank accounts, wallets, and cards to its …

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Gmail Gaining Shopping and Purchasing Capabilities and other Digital Transactions News briefs from 10/23/20

Alphabet Inc.’s Google unit announced it is enabling shopping and purchasing within its Gmail email service via an agreement with Skipify Inc., a payments provider that relies on artificial intelligence technology.North Lane Technologies, formerly Wirecard North America Inc., and daVinci Payments have banded together to create Syncapay Inc., a holding company for payment-technology …

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