January 26, 2022
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Law and Regulation, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Payments provider Lightspeed Commerce Inc. announced new features for its Lightspeed Restaurant point-of-sale technology, including order throttling, a feature that helps manage spikes in demand.Software firm Launch Cart said it will introduce on Feb. 2 its On-Demand eCommerce SaaS platform, intended to ease entry into e-commerce for small business owners and entrepreneurs.Payments provider Paysafe Ltd. said …
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January 25, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Fraud & Security, Point-of-sale, Transaction Processing
Seeing an opportunity to offer payment acceptance along with its encryption and tokenization technologies to its enterprise clients, Bluefin Payment Systems LLC has invested an undisclosed sum in payment facilitator Payfactory Inc. The investment, which will create a strategic relationship between the two companies, will enable Payfactory to expand its …
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January 25, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
American Express Co. saw its crucial travel-and-entertainment business continue to recover in the final three months of 2021, leading top company executives Tuesday morning to express considerable optimism for 2022. But don’t look any time soon for the New York City-based card giant to make any major forays into buy …
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January 25, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Kiosks & Ticketing Machines, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing, Vending
Payments provider Digital River Inc. unveiled Drop-in Checkout, technology that streamlines payments acceptance for brands on Digital River’s platform.Payments provider Shift4 Payments Inc. said it will process payments for Concessions International, a provider of food-and-beverage technology for airports, at almost 40 of the company’s locations.Cantaloupe Inc., a payments provider for unattended locations, said it …
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January 21, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Prepaid Cards, Transaction Processing
Discover Financial Services reported a net income of $1.1 billion in the fourth quarter, a 37.6% increase from $799 million in the fourth quarter of 2020. Net income for 2021 totaled $5.4 billion, a 391% increase from $1.1 billion in 2020. Discover said volume on its Pulse debit network was $64.8 …
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January 20, 2022
Acquiring, Competitive Strategies, Kiosks & Ticketing Machines, Marketing, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Add Las Vegas’s T-Mobile Arena to Shift4 Payments Inc.’s growing list of sports and entertainment venues to which the company provides payment processing. T-Mobile Arena is home to the National Hockey League’s Las Vegas Golden Knights franchise and hosts other entertainment events on the Las Vegas strip. Shift4 will process …
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January 20, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Mastercard Inc. launched Mastercard Track Instant Pay, a platform enabling instant payment of supplier invoices via virtual card transactions supported by machine learning. The service is available in the United States now, with plans to expand globally.Nuvei Corp. has been approved by the New York State Gaming Commission to process payments for …
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January 19, 2022
Acquiring, Competitive Strategies, Mergers & Acquisitions, Point-of-sale, Transaction Processing
Celero Commerce made its second acquisition in a month with its deal to acquire Omega Technology, a Fort Thomas, Ky.-based payments provider. Nashville, Tenn.-based Celero says the combined company will process payments for more than 50,000 merchants at approximately $20 billion in annual card volume. Celero acquired Everest Payment Solutions in …
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January 19, 2022
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Mergers & Acquisitions, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Mobile-payments provider Boku Inc. is selling its Boku Identity Inc. unit to cloud-communication platform Twilio Inc. for $26.1 million upfront and another $6.2 million payable later to cover indemnities.Payments provider Lightspeed Commerce said its NuOrder technology will support orders and payments for women’s fashion platform Intermix, which operates 31 boutiques and an e-commerce site.Text …
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January 18, 2022
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale
As part of its strategy to expand its offering of multichannel payment technology, payment-platform provider NMI announced Tuesday the acquisition of IRIS CRM, a merchant-services customer relationship management and merchant-management platform that services clients in the payments industry. Terms of the deal were not disclosed. The addition of IRIS CRM …
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