BlueSnap Notes M-Payments Increase and other Digital Transactions News briefs from 11/30/17
Digital Transactions News staff
November 30, 2017
Acquiring, Competitive Strategies, Transaction Processing
- B2 Processing Solutions launched the B2 PINPad Drivers, a product to help merchants migrate point-of-sale applications to EMV and contactless payments.
- Payments provider BlueSnap Inc. said its merchants experienced a 125% increase in mobile-wallet use on Thanksgiving, 124% increases on Black Friday, the day after Thanksgiving, and a 79% increase on Cyber Monday, the Monday following Thanksgiving.
- Consumer-finance provider Affirm Inc. said it joined Shopify Inc.’s Shopify Plus Technology Partner Program.
- In related news, Shopify, which operates a commerce platform and offers payments services, said its more than 500,000 merchants in 175 countries sold more than $1 billion in gross merchandise volume during the Black Friday and Cyber Monday weekend.
- Correction: Christopher Kronenthal has been appointed president of FreedomPay and remains chief technology officer. An “In Other News” item on Nov. 28 omitted the fact that he remains CTO.
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