Competitive Strategies

U.S.-based Shift4 Payments Inc. has deepened its penetration of the European market through an agreement to partner with Stockholm-based digital-payments platform OneMoneyWay to offer small merchants in the United Kingdom and Europe a combined business and payments platform. Shift4 recently took a majority stake in Germany’s Vectron Systems, a point-of-sale technology company. Strider, …

Corpay Inc. has reached an agreement to acquire GPS Capital Markets LLC, a provider of cross-border and treasury management technology for businesses primarily in the United States. Terms of the deal, which is expected to close in early 2025, were not disclosed. Founded in 2002, GPS Capital Markets provides corporate …

FEVO Inc., an online shopping tool that enables consumers to share purchases with their friends, says it will use Shift4 Payments Inc. as its preferred payment processor for all music festivals and general-admission events. New York City-based FEVO’s model is built on enabling consumers to shop together without leaving a …

Apple Pay Later, the buy now, pay later product from Apple Inc. released just over a year ago, is shutting down. The move comes after installment-payment specialist Affirm Inc. confirmed it would be part of Apple Wallet when the tech giant’s annual software updates for iPhones and computers emerge this …

A new soccer club in San Diego will use Shift4 Payments Inc. for its ticketing transactions, while Passport Inc. readies its parking expertise for the NCAA Men’s College World Series this week. Allentown, Pa.-based Shift4 says its payments technology will undergird ticket transactions for the new Major League Soccer team, …

With the judge in the massive credit card interchange litigation apparently insisting on a trial, a new and unsettling element of uncertainty now hangs over the nearly 20-year-old case, in which merchants allege anti-competitive behavior by the big credit card networks in setting interchange fees. The latest development comes nearly …

Community banks, known for their personal touch and deep community ties, face unique challenges and opportunities to deepen those relationships. Introducing commercial credit cards is a strategic decision that aligns well with their commitment to local businesses. Offering a best-in-class commercial card program meets the needs of local enterprises and …

Shift4 Payments Inc. announced it has acquired a majority interest in Germany-based point-of-sale provider Vectron Systems AG in a transaction previously reported by Digital Transactions News. Vectron serves roughly 65,000 merchant locations throughout Europe. Shift4 also said it has closed on its previously announced deal for Revel Systems, a point-of-sale technology company serving more than …

Everyone has encountered the upsell. It’s the extended-warranty offer when buying a TV, or the ask to add a Danish to the coffee you just purchased. Now, CardFree Inc. has released a tool to help merchants automate the upsell with its new Smart AI Upsell feature. A component of CardFree’s …

EBay Inc. is recruiting Venmo as a payment option, the big e-commerce marketplace announced early Thursday. The move, which comes about a week after eBay announced it will no longer accept American Express cards effective Aug. 17, is part of a strategy to add alternative payment options that appeal to …