NetCents Technology Inc., a payment-processing gateway specializing in cryptocurrency, has partnered with the massive acquiring processor Worldpay. The deal is expected to boost adoption of cryptocurrency and stablecoins as mainstream payment options, according to NetCents. NetCents’ gateway provides corporations, small and medium-sized businesses, startups, and blockchain companies, a crypto …
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Payments provider Talus Pay announced two acquisitions on Thursday, indicating it acquired Clarus Merchant Services and Jobox.ai in separate deals. Total annual payments volume for the newly combined company total $9 billion for more than 22,000 U.S. merchants. Dallas-based Talus Pay says Clarus Merchant Services, based in Gaithersburg, Md., provides …
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Online shoppers in the United States spent a record $222.1 billion during the holiday shopping season that ran between Nov. 1 and Dec. 31, a 4.9%increase from the same period a year earlier, according to Adobe Analytics. November was a strong month for online holiday purchases, with consumers spending $123.5 billion …
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Visa Inc. launched its Web3 Loyalty Engagement Solution, a platform that enables rewards for consumers who interact with businesses on digital platforms. Vetster, a telehealth provider for veterinary care, announced it is expanding its services in California to include online diagnosis and prescriptions, with online payments. Reacting to heightened check fraud, …
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Kindcard Inc., which among other services provides closed-loop payments technology connecting businesses and consumers, said it has entered a letter of intent to acquire OpenTransact from AcePay Inc. OpenTransact offers a banking platform that supports high-risk merchants. Terms were not disclosed. The tokens USDT and USDC dominate the stablecoin market, …
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Buy now, pay later volume globally will grow 48.3% in 2024, to $232.2 billion, according to a projection from The Business Research Co. Increasing adoption at physical retail stores, growth in cross-border e-commerce, and the rise of financial apps embedding BNPL capability will help account for the growth, the firm said. …
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Having taken aim at credit card late fees and interest rates, and having targeted non-bank digital wallet providers, Consumer Financial Protection Bureau Director Rohit Chopra has now indicated his regulatory agency is turning its attention to credit card acceptance costs. Chopra’s comments Thursday came as the Credit Card Competition Act, …
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Overfuel, a provider of online payments for automobile dealerships, has integrated credit reporting from 700Credit LLC to allow users to prequalify for credit on a dealer’s Web site or on a mobile phone. Accounting platform Data Plus is teaming with Edenred Pay, a back-end payments provider for the hospitality industry, to launch …
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LawFi, a payments platform for law firms, announced a $1.5-million pre-seed funding round from Capital Q Ventures. Digital-banking provider Ibanera announced Portl, a set of blockchain-based payments technologies for online gaming. NordVPN, a vendor of cybersecurity technology, launched an insurance program offering victims of identity theft reimbursement up to $1 million for …
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The big payments processor Worldpay early Wednesday and late Tuesday announced two major deals, one of which will see it supporting multichannel payments for HMV, a London-based seller of DVDs, audio cassettes, CDs, and other entertainment products through a chain of more than 100 stores. The other development, announced late …
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