With more than 40 locations across Louisiana, Mississippi, and Texas, CC’s Coffee House looked to provide its customers with what it saw as a more personalized ordering and loyalty service. It enlisted Paytronix Systems Inc. to support the launch of the CC’s Coffee House app, which incorporates ordering, loyalty, and …
Read More »Skim Swipe’s POS Role and other Digital Transactions News briefs from 7/9/24
Wireless and cybersecurity developer Berkeley Varitronics Systems Inc. launched Skim Swipe, a tool that can help detect card skimmers hidden in point-of-sale terminals. Galileo Financial Technologies, a payments-technology platform, announced it is offering wire-transfer capability via an application programming interface that links clients of Community Federal Savings Bank to the Federal Reserve’s …
Read More »Issuer-Provided Installment Plans Are Catching up to Traditional BNPL Plans
Issuer-provided installment plans, such as American Express Plan It, My Chase Plan, and Mastercard Installments, are on par in popularity with in-store installment offers, finds Auriemma Group’s The Payments Report. American Express Co. was among the first issuers offering its own buy now, pay later plan, having launched it in …
Read More »Discover Unveils Balance+ to Offer Overdraft Protection on Debit Cards
Consumers may be well acquainted with the concept of overdraft protection when writing checks, but early Monday Discover Financial Services said it is extending the service to its debit cards. Cardholders who hold the company’s Cashback Debit Checking account are eligible for the new service, called Balance+. “With Balance+ we …
Read More »Coinbase Wins a Federal Contract to Store Digital Assets
Cryptocurrency exchange and management provider Coinbase Inc. has won a $35.5-million contract to safeguard and trade digital assets on behalf of the U.S. Marshals Service. The Service, a unit of the U.S. Department of Justice, is responsible for asset forfeitures arising from federal legal cases, including cases that involve recovery …
Read More »Canadian Processor Helcim Looks to Draw More Partners With a Revenue Split
The Canada-based payments provider Helcim Inc., which like many processors works with a range of third-party partners, said late on Tuesday it is stepping up that collaboration to allow these integration partners to share in the company’s transaction revenue. Helcim figures revenue sharing will help attract yet more developers and …
Read More »Netevia Lines up $120 Million in Funding and other Digital Transactions News briefs from 7/3/24
Payments provider Netevia Group LLC said it raised up to $120 million committed and uncommitted capital from private investment firm WhiteHorse Capital. Ant Group and Mastercard Inc., and 12 other Ant payment partners have extended the International Consumer Friendly Zones program to Chengdu and Chongqing because inbound tourist travel is increasing in the region. They launched …
Read More »Raptor Acquires PayK12 and other Digital Transactions News briefs from 7/2/24
Raptor Technologies, a provider of software to schools, announced it has acquired PayK12, a platform for online payments and event ticketing for schools from kindergarten through 12th grade. Terms were not announced. Payments-technology provider SpotOn said it has joined the U.S. Foods Check Business Tools program, which provides technology and services to …
Read More »Contactless May At Some Point Include Functions Beyond Payment, the NFC Forum Says
Contactless transactions were supercharged by the pandemic, and now slightly more than half of U.S. cardholders are using the technology when they pay with either cards or wallets, according to Mastercard Inc. research. With that kind of momentum behind them, researchers are looking at ways to expand near-field communication technology, …
Read More »Nayax Readies EV CloudPay for Burgeoning Electric Vehicle Charging Payments
Payments and commerce platform Nayax Ltd. is tapping the cloud to enable its EV CloudPay service designed for payments at electric-vehicle charging stations. Announced Monday, EV CloudPay enables motorists to pay for EV charging with a credit card, debit card, or mobile wallet via a physical payment-processing kiosk at charging …
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