The Cleveland Browns of the National Football League are expanding their grab-and-go technology to food-and-beverage concessions throughout Huntington Bank Field, the team’s home stadium. The new service, called Express Access, will be available at 12 locations within the stadium, enabling consumers to place orders across the entire facility. Since 2023, …
Read More »Eye on E-Commerce: Paze at 125 Million Cards; Klarna Becomes an Apple Reseller
Paze, the online checkout service from Early Warning Services LLC, says more than 125 million credit and debit cards are now available to use with the e-commerce checkout tool as the service taps a new general manager. Also, buy now, pay later specialist Klarna AB has become an Apple Inc. …
Read More »CellPoint’s PayU GPO Alliance and other Digital Transactions News briefs from 10/2/24
CellPoint Digital, a payments-orchestration platform, announced an alliance with PayU GPO, a platform for alternative payment methods operating in more than 50 markets globally. In related news, payments-orchestration platform Transcard said it now supports payments globally through multiple currencies in an effort to smooth payments for financial companies operating worldwide. Duck Creek …
Read More »PayPal Updates Its User Agreement to Collect More Personalized Information
Beginning next summer, PayPal Holdings Inc. will begin sharing more personalized shopper information with merchants, as outlined in its recently updated PayPal Privacy Statement. Data such as products, preferences, sizes, and styles will be shared with merchants to “help improve your shopping experience and make it more personalized for you,” …
Read More »Stax Acquires BlockChyp and other Digital Transactions News briefs from 10/1/24
Payments-technology provider Stax announced it has acquired payments-gateway provider BlockChyp. Terms were not announced. Payments provider TrustCommerce said its Cloud Payments platform has been certified by all major U.S. processors, including Fiserv, Chase, Elavon, Global Payments/TSYS, and Worldpay. The temporary-staffing platform Indeed Flex is working with payment provider Branch to launch a service called Same Day …
Read More »PrePass Marks Integration and other Digital Transactions News briefs from 9/30/24
PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …
Read More »Consumers Strongly Support Illinois Interchange Law, Proponents Say
The Illinois Retail Merchants Association released a survey late Wednesday showing that voters in the state support the Illinois Interchange Fee Prohibition Act passed earlier this year. The survey comes hard on the heels of a lawsuit filed last month by several organizations representing banks and credit unions challenging the …
Read More »Profit-Challenged Lightspeed Acknowledges It’s Exploring ‘A Range of Strategic Alternatives’
Point-of-sale and payments-platform provider Lightspeed Commerce Inc. said Thursday it is exploring “strategic alternatives” in the wake of reports the company might put itself up for sale. “While it is the long-standing policy of Lightspeed not to comment on market rumors, the company notes the recent media reports concerning a …
Read More »Visa Snags Featurespace and other Digital Transactions News briefs from 9/26/24
Visa Inc. has agreed to buy Featurespace, a United Kingdom-based developer of anti-fraud technology incorporating artificial intelligence. The deal is expected to close in the first half of next year. Terms were not announced. Payments provider Adyen NV launched the SFO1, a multimedia countertop terminal, its first such proprietary multimedia device, it says. …
Read More »Combatants Take Up Their Positions in Reaction to the DoJ’s Antitrust Suit Against Visa
Reaction from the payments industry to the Justice Department’s announcement Tuesday that it is suing Visa Inc. over antitrust issues involving its debit card business was swift and pointed. As expected, representatives of the payments industry denounced the lawsuit as baseless, while representatives of the merchant community and legislators friendly …
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