Saturday , September 7, 2024

Cash App a Google Play Payment Now and other Digital Transactions News briefs from 7/18/24

  • Block Inc.’s Cash App announced it will be a payments option on Google Play, an Android-based e-commerce store offering apps and other content and accessed by more than 2.5 billion users monthly.
  • Payments provider Repay Holdings Corp. said borrowers will be able to pay mortgage servicers with debit cards through an integration by Repay with ICE Mortgage Technology, a data provider.
  • Xsolla Inc., a payments platform for video games, launched its Mobile Software Development Kit for game developers looking to incorporate payments. Xsolla also announced its acquisition of LF.Group Inc, which among other things processes payments within videogames. Terms were not announced.
  • Capital One Financial Corp. unveiled a goal to invest more than $265 billion in community development over a five-year period as part of its planned $35-billion acquisition of Discover Financial Services.
  • Payments provider Helcim Inc. launched its Contract Buyout program offering up to $500 in waived processing fees to merchants that agree to switch from their current processor but have early-termination fees or lease payables.
  • SequenceShift, whose technology helps Amazon Connect contact centers comply with the Payment Card Industry data-security standard, said it has joined the PCI Security Standards Council and will work with the PCI SSC to assist organizations in adopting the standard.
  • Payments provider Payroc launched Roc Services, an invoicing platform designed for service-industry merchants. The platform can be accessed via mobile apps as well as desktop devices.
  • Payments platform Lightspeed Commerce Inc. said it is expanding its Tableside restaurant technology beyond the U.S. market to Canada and the United Kingdom. The technology allows restaurant service personnel to process payments at the table using Tap to Pay on iPhone. The company also said it has launched Tap to Pay on iPhone with merchants more broadly in France and Australia. It had already launched the technology in the United Kingdom, the Netherlands, Canada, and the United States.
  • Banking trade groups sent a letter to the Consumer Financial Protection Bureau asking the regulator to delay a compliance deadline for a rule concerning consumer financial data. The letter asks that the CFPB allow at least two years to comply for the first set of banks affected by the rule.
  • The consumer-credit company Synchrony Financial announced its CareCredit credit card has been adopted as the preferred financing option for members of The Veterinary Cooperative, a community of veterinarians and suppliers. Nearly 4,000 independent vet hospitals belong to the cooperative.

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