Mobile-payment solution provider Bank Shot has added support for digital-check acceptance in the real-estate market. The new feature will enable consumers to initiate an earnest-money or rent payment via a digital check. In addition, real-estate brokers, title companies, and property managers can use Bank Shot to pay realtor commissions. Bank …
Read More »Eye On Acquiring: Deluxe Expands Processing; Nuvei Signs Delivery Platform WeCook
Deluxe Corp. announced on Thursday a deal with Dupaco Community Credit Union to process transactions for its business clients using its First American by Deluxe service. The Madison, Wis.-based credit union has more than 120 business clients. The service will also be made available to new Dupaco business customers, Deluxe …
Read More »Eye on Donations: Sionic Adds Real-Time A2A Payments; Givesmart Adds Apple Pay and Google Pay
Sionic Mobile Corp., a provider of omni-commerce, consumer-to-business payments technology, has introduced online and mobile widgets that enable non-profit organizations to accept real-time, bank-to-bank donations. Donors can use the apps, dubbed Pay-by-Bank, to initiate one-time or recurring donations direct from their bank account. Two key benefits of account-to-account donations is …
Read More »Usio Feels the Bite of the Crypto Meltdown, But Sees a Boost In ACH Volume
Despite increasing its automated clearing house volume in June, Usio Inc.’s overall processing volume is taking a temporary hit as one of its clients, digital-asset broker Voyager Digital LLC, announced it is suspending all buying and selling of cryptocurrency though its platform. San Antonio-based Usio made the announcement about the …
Read More »How GoCardless’s Deal for Nordigen Bolsters Its Position in Opening Banking
GoCardless Ltd., a specialist in the burgeoning field of account-to-account transfers, strengthened its hand Friday with the acquisition of Nordigen Solutions, a Latvian-based open-banking platform provider, for an undisclosed sum. The deal will allow GoCardless to connect to more than 2,300 banks in 31 countries to enable account-to-account payments, a …
Read More »How the Chip Shortage Is Prompting Payments Players to Adopt a Variety of Workarounds
After more than two years, payments providers are still reeling from the chip shortage. Indeed, lead times for chips used in POS terminals and credit cards can be as long nine months, compared to six months a year ago, says Stewart Watterson, a strategic analyst for Aite-Novarica. Pre-pandemic, lead times …
Read More »Eye on Mastercard: Paysafe Adds Send; PayPal Launches a Cashback Mastercard
To provide merchants in the United Kingdom and Europe with an international and domestic payout service, Paysafe Ltd. is integrating Mastercard Send into its platform. The deal will enable businesses in those regions to send payments to cards, bank accounts, and mobile wallets. Such capabilities are expected to be highly …
Read More »VividPayment Enters a Crowded Restaurant POS Fray
Competition in the hotly contested restaurant point-of-sale market continues to heat up as vendors transform themselves from payment-device providers to technology hubs. Sausalito, Calif.-based VividPayments LLC became the latest entrant looking to carve out a slice of the market Monday with the launch of Vivid POS, an iOS- and Android-based …
Read More »Kasheesh Launches an App That Lets Users Split Purchases Among Their Existing Cards
While buy now, pay later financing has been a big hit with consumers, especially those who use the loans to increase their buying power or as a budgeting tool, they have come under criticism for increasing debt loads for consumers with shaky finances. That has given rise to the idea …
Read More »Adyen Expands Its Relationship With McDonald’s to The U.S. Market
Adyen NV announced late Wednesday an expansion of its agreement to process mobile-app transactions for McDonald’s Corp. to include the United States. Adyen has processed payments from mobile apps for the global restaurant chain in the United Kingdom since 2020. As part the deal, Adyen will enable consumers enrolled in …
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