Credit Cards

The tech giant Oracle Corp. early this summer launched a cloud-based payments-processing service aimed at the hotly contested restaurant market, and early on Wednesday the company added a handheld device for servers to use tableside. The new terminal, dubbed the Oracle Micros Simphony mobile order and pay device, runs on …

California grocer Ralphs has begun accepting Apple Pay in its 184 locations in the state, reported MacRumors.com, citing a company spokesperson. Ralphs is part of the Kroger Co., which Digital Transactions News reported in 2020 was testing contactless payments at some of its locations. Kroger launched its proprietary mobile-payments service Kroger Pay in 2019, but has …

Consumers are projected to be shopping more online this holiday shopping season, compared to the same period a year ago. Data released Tuesday by payments-technology provider ACI Worldwide Inc. projects a 15% increase in e-commerce transactions from October through December, compared to the same period in 2021. The projected increase …

As one who has spent an entire career working with community banks, credit unions, and merchants, I can say it’s abundantly clear how they all suffer from a broken payments system, with the Fed’s automated clearing house being the lone exception. While merchants and community banks don’t share the same …

Online fraud prevention provider Seon announced a free version of its platform, which will support up to 2,000 API calls each month. Online commerce services provider Signifyd released its first holiday season predictions tracker for 2022. American Express Co. said it will pledge $5 million to organizations helping cities and coastal communities tackle climate-related events. …

Cryptocurrency platform Bakkt Holdings Inc. has agreed to pay $200 million to acquire Apex Crypto LLC, a crypto-trading platform for fintechs, from Apex Fintech Solutions Inc. Card manufacturer CPI Card Group Inc. said credit and debit card sales helped propel its third quarter revenue to $124.6 million, a 25.1% increase from $99.6 million in …

Two of the more significant merchant-processing operators reported quarterly results Thursday morning, with FIS Inc. indicating its merchant solutions unit recorded $1.18 billion in revenue in the period ended Sept. 30, up 4% year-over-year. Meanwhile, the large payments provider EVO Payments Inc. said its revenue for the same period totaled …

A nascent movement among states to allow citizens to store a driver’s license or other state ID card in a mobile app could give mobile payments a lift, according to research released early Wednesday. Arizona in March was the first state to allow its citizens the option of storing a …

The payments platform Orum said it will rely on account-verification technology from open-banking provider MX Technologies Inc. to offer money-transfer capability targeted at fintechs.Checkout-free shopping provider Grabango said its in-store contactless checkout service is available at a Chevron U.S.A. Inc. location in California.Bluefin Payment Systems acquired TECS Payment Systems, an Austria-based omnichannel payments provider. Terms were not …

The payments processor Paya Holdings Inc. on Monday announced UtilityConnect, an initiative aimed at deepening the Atlanta-based company’s involvement in processing for governments, municipal entities, and private utilities. The new portal, which features a redesigned user interface, features new services aimed at easing citizen payments to local governments, including settings …