Friday , November 22, 2024

Peter Lucas

Cantaloupe Deepens Its Foray Into Sports And Entertainment With a Suite Ordering App

Cantaloupe Inc. has strengthened its hand in the highly competitive market for payments at sports and entertainment venues with the launch of Suites, an order-management application designed for such venues, on Cantaloupe’s Cheq platform. Cantaloupe developed the new app as a way to make it easier for guests in stadium …

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Shift4 Lays Out $148 Million in Cash for Gift Card Platform Givex

Shift4 Payments Inc. announced Monday it has agreed to acquire Givex Corp., a provider of gift card, e-gift card, loyalty, and POS solutions in an all-cash transaction valued at $200 million Canadian, or $148 million U.S. The acquisition of Toronto-based Givex, which services the restaurant and retail industries, will add …

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A Crypto Exchange Adds Apple Pay And Google Pay As Payment Options

Bitget, a cryptocurrency platform that allows investors to buy and trade cryptocurrencies and altcoins, has expanded the payment options for its digital wallets to include Apple Pay and Google Pay. The addition of Apple Pay and Google Pay, which have a combined user base of more than 650 million, is …

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InvoiceASAP Partners With Adyen on Instant Payouts As Real Time Processing Unfolds

InvoiceASAP Inc., a provider of invoicing and payment technology for small and medium-size businesses, has partnered with Adyen NV to provide merchants instant access to deposited funds. InvoiceASAP will leverage Adyen for Platforms, an end-to-end payments and customer-experience platform, to offer its 23,000 merchants immediate access to pending funds and …

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SocketMobile Rolls Out a Reader for a Growing Market in Payments Triggered by QR Codes

SocketMobile Inc., a provider of mobile data-capture solutions, has launched a countertop QR-code payment reader to enable consumer-presented QR-code operations. The device, called the SocketScan S320, was developed in response to consumer demand for QR-code technology at the point-of-sale, the company says. The global payment market for QR codes totaled …

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Payment Orchestration Platforms Now Must Figure Ways to Set Themselves Apart, a Report Warns

As competition among payment orchestrators heats up, providers looking to separate themselves from the pack find themselves under pressure to offer points of differentiation, according to Datos Insights’ “Payment Orchestration Vendor Evaluation” report, released Tuesday. One key differentiator for payment orchestrators is smart payment routing, according to the report. This …

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Lenders Bring Suit Against Illinois’s Newly Enacted Interchange Law

Several organizations representing banks and credit unions filed a lawsuit late Thursday challenging Illinois’s Interchange Fee Prohibition Act, which was signed into law June 7. The lawsuit, filed in United States District Court for the Northern District of Illinois, was brought by the Illinois Bankers Association, The American Bankers Association, …

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Merchants Get Another Extension to File Claims in Their Class Action Against Visa and Mastercard

Merchants were granted a second extension late Tuesday for filing claims against Visa Inc. and Mastercard Inc. in their ongoing class-action lawsuit against the two networks over interchange costs. U.S. District Court Judge for the Eastern District of New York Margo K. Brodie, who is presiding over the case, moved …

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Debit Is Consumers’ Preferred Bill Pay Method, Despite Inflation Woes, a Study Finds

Debit cards are consumers’ favored method for paying bills, according to a report from bill-payment network doxo Inc. Some 62% of doxo users pay their bills using debit cards, compared to 24% who use the automated clearing house and 15% who opt for credit cards, according to doxo’s “The Bill …

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Payroc Partners With Moneris Solutions to Offer Card Present Payments in Canada

Payments platform provider Payroc WorldAccess LLC has agreed to work with processor Moneris Solutions Corp. to provide card-present payments in Canada. The partnership with Toronto-based Moneris enables Tinley Park, Ill.-based Payroc to provide independent software vendors and small and medium businesses with a single platform for processing card-present transactions in …

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