Allied Payment Network Inc., a provider of online and mobile bill-payment services, said it will work with New York Digital Investment Group (NYDIG) institutions using Allied to offer customers the ability to buy, sell, and hold Bitcoin. Allied said it and NYDIG plan to add digital payments via Bitcoin.Reuters reported …
Read More »PayPal’s U.S. POS Thrust With Zettle May Have Been ‘Inevitable,’ But It Faces Tough Rivalry
PayPal Holdings Inc.’s decision to bring its Zettle point-of-sale technology to the U.S. market may not surprise observers, but the move presents some formidable challenges, chiefly in the form of the existing competition, some observers say. At the same time, they add, Zettle brings a potent brand that fills a …
Read More »R1 RCM Finalizes VisitPay Acquisitions and other Digital Transactions News briefs from 7/2/21
Health-care technology provider R1 RCM Inc. has closed on its acquisition of VisitPay LLC, a platform specializing in medical payments. R1 announced in early May it would acquire VisitPay for approximately $300 million in cash.Personal-finance app provider Charlie Finance Co. announced new services, including DirectPay, which lets users link credit cards to the app …
Read More »Contactless Parking Expands As ParkMobile Grows Its Presence in North Carolina
ParkMobile LLC Thursday expanded its partnership with parking-lot operator The Car Park to Raleigh, Asheville, and Boone, North Carolina. Previously, The Car Park worked with another payment provider in those cities. The deal also builds on an existing relationship The Car Park has with ParkMobile in Tampa, Boise, Estes Park, …
Read More »COMMENTARY: The Case for Integrated Payments Providers
If there’s a software need for your business—accounting, payroll management, lease portfolio management, and the like— then it’s likely your business is working with several different vendors at any given point during the working day. All the vendors you are working with won’t always be obvious, particularly if you’re working …
Read More »COMMENTARY: How Digital Revolving Credit Can Build a Lasting E-Commerce Model
Buy Now Pay Later (BNPL) options have become a staple in the E-commerce marketplace, mostly because they provide merchants and their customers an attractive and flexible alternative to credit cards. This has proven particularly appealing to younger shoppers such as Millennials, or Generation Z consumers up to 24 years old. …
Read More »Paysafe Continues Its Push Into Online Gaming Via an Expanded Deal With FOX Bet
Paysafe Group Holdings Ltd. continued its push Tuesday into making processing online gambling transactions a larger part of its business by expanding a partnership with FOX Bet, a U.S. online and mobile sports-betting platform operated by Flutter Entertainment plc. Under the terms of the deal, which follows a deal earlier this …
Read More »Afterpay’s Rewards Program Grows and other Digital Transactions News briefs from 6/29/21
Buy now, pay later specialist Afterpay Ltd. expanded its points-based Pulse Rewards program to all users. The company claims 17 million users in North America.Rival BNPL specialist Klarna AB announced it will offer financing to client merchants through business-finance platform Liberis Ltd.Rectangle Health, a payments provider specializing in doctors’ offices, is working with DoctorLogic …
Read More »Cardknox Is the Latest Player to Adopt QR Codes for Contactless Payments
As the popularity of using quick-response codes for payment at the point-of-sale grows, the trend toward offering the technology to software developers and merchants has gained momentum and now includes small and mid-sized processors. Omnichannel payment gateway Cardknox Development Inc. on Monday became the latest processor to enter the fray, …
Read More »Eye on Equities: A Post-SPAC Payoneer Starts Trading; Cantaloupe Hits the Russell 2000
Having completed its merger with a special purpose acquisition company, Payoneer Global Inc.’s common stock and warrants began trading Monday on the Nasdaq under the symbols PAYO and PAYOW, respectively. The shares were trading at $10.82 at mid-morning, slightly up from their opening price. “We are just scratching the surface …
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