Card91, an India-based technology company, introduced a platform that offers a digital prepaid card that also functions as an ID and access card. The product is aimed at corporate employees and students. KM Malta Airlines, a new air carrier, has agreed to adopt a payments-orchestration platform from CellPoint Digital. Online-security firm DefenseStorm said it …
Read More »Capchase Teams Up With Stripe to Offer B2B BNPL In The U.S.
Capchase, a financing platform that funds software-as-a-service companies based on future recurring revenue, announced early Wednesday a partnership with the processing giant Stripe Inc. to provide buy now, pay later financing for SaaS vendors in the United States. The deal, which marks Stripe’s entry into B2B BNPL in the U.S., will …
Read More »EPSG Marks a New Direction With Its Rebranding to Echelon
Echelon Payment Solutions Group may be a new name in the acquiring industry, but its roots extend to 2006. Once affiliated with EVO Payments and known then as EVO Platinum Services Group (EPSG), Echelon is its own entity offering payment services and providing support for its sales partners. Melville, N.Y.-based …
Read More »Market Pay’s Versatile App and other Digital Transactions News briefs from 9/18/24
France-based fintech Market Pay has launched a single app it says can process payments from both point-of-sale terminals and Android or iOS smart phones. FICO, a U.S. developer of fraud-prevention technology, said it is working with Jersey Telecom in the United Kingdom to develop software that can detect telephony signals in real …
Read More »Cubic Launches a QR-Code Fare System; NMI Partners on Contactless Fares; ModeShift’s Digital Fares
Cubic Transportation Systems Inc. early Tuesday launched Umo ScanRide, a QR-code-based fare-collection solution for transit systems. To pay a fare using ScanRide, consumers scan a QR code with a mobile phone. The fare is then displayed on the user’s phone screen and debited from her ScanRide wallet. Consumers can fund …
Read More »Alviere’s Loyalty Wallet and other Digital Transactions News briefs from 9/17/24
Alviere, a platform for embedded payments, has launched its Loyalty Wallets product, which features pay-by-bank functionality. The wallets can be funded by ACH transfer or direct deposit. Bank3, a community bank in Tennessee and Mississippi, has chosen Tyfone Inc.’s Instant Payment Xchange technology, meant to facilitate real-time payments on the FedNow system. The …
Read More »Crate & Barrel Teams With Adyen to Connect Its Offline And Online Sales Channels
Retail chain Crate & Barrel Holdings has partnered with Adyen NV to process payments for its 110 physical stores in the United States and Canada. The deal also covers processing for Crate & Barrel’s CB2 stores, a sister brand that sells modern furniture. Crate & Barrel will use Adyen’s unified …
Read More »Adyen Teams With Nayax to Support Digital Payments at EV Charging Stations
The Dutch processor Adyen NV and the Israel-based payments platform Nayax Ltd. announced early Monday they are teaming up to support digital payments for electric-vehicle charging stations around the world. The new agreement, which comes as electric vehicles become more numerous and raise a pressing need for more charging stations, …
Read More »Elo’s New Pay M100 Tablet and other Digital Transactions News briefs from 9/16/24
Elo Touch Solutions Inc. launched its Elo Pay M100 POS tablet, a mobile point-of-sale Android payments device aimed at restaurants as well as the general merchant market. Accessories include separate readers for mag-stripes and fingerprints. Kuvasz Solutions, a Chile-based payments services company formed in 2008, said it is expanding to the …
Read More »Worldline Replaces Its Longtime CEO As the Global Processor’s Shares Plummet
The big French processor Worldline SA announced early Friday longtime chief executive Gilles Grapinet will leave the company effective Sept. 30. The company says the search for a successor will evaluate candidates both inside and outside the company. In the meantime, the board has appointed Marc-Henri Desportes, deputy CEO since …
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