The Canada-based processor Nuvei Corp. said it has received approval for a retail-services license from the central bank of the United Arab Emirates, laying the groundwork for an expansion into the UAE market. Fast-food chain Long John Silver’s said it is working with multiple technology vendors to update its digital and in-store ordering experience …
Read More »After Coming ‘a Really Long Way,’ Paze Signs Sellers As It Executes a Staged Rollout
Paze, the online checkout platform backed by some of the nation’s biggest banks, is barreling through a state-by-state rollout that could culminate in nationwide coverage by late summer or early fall, according to James Anderson, the platform’s general manager who has spearheaded the project since Early Warning Services LLC announced …
Read More »Samsung Next Invests in Curve and other Digital Transactions News briefs from 6/24/24
Samsung Next has invested an undisclosed sum in Curve UK Ltd, developer of a U.K.-based digital wallet, bringing Curve’s total raised funds to more than $250 million. ECS Fin, a developer of payment-processing technology, said Zenus Bank has adopted its IMS Payments capability to integrate Visa B2B Connect, a platform for …
Read More »Topgolf Callaway in Visa Promo and other Digital Transactions News briefs from 6/20/24
Topgolf Callaway Brands Corp. announced a promotional agreement with Visa Inc., involving benefits and offers for holders of Block Inc.’s Visa-branded Cash App debit card. CasaPerks Technologies Inc. has launched CasaCash, a rewards program that can be offered by property owners to renters as an alternative to a program based on credit …
Read More »Eye on Healthcare Payments: PatientPay Partners With Higher Standards; Vyne Dental’s Billing App
PatientPay, a payments provider for the health-care industry, has partnered with health-care processor Higher Standards Inc. to make its end-to-end billing and payment-acceptance billing solution available to Higher Standards clients. The partnership grew out of Higher Standards’ need for a technology partner that could provide billing and payment technology to …
Read More »Apple Pay Later Is Shutting Down in Favor of Third-Party BNPL Providers
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 …
Read More »A Fight Over an Illinois Interchange Prohibition Law Is Far From Over
Groups representing Illinois financial institutions, along with the Electronic Payments Coalition, say they will fight to overturn the Illinois Interchange Fee Prohibition Act, which was passed earlier this month and is set to go into effect July 1 next year. Opponents of the bill are continuing an ad campaign to …
Read More »Visa Relaunches Savings Edge and other Digital Transactions News briefs from 6/13/24
Visa Inc. has re-launched Savings Edge, a rewards and discount program for U.S. and Canadian businesses that use Visa Business credit, debit, and reloadable prepaid cards. The re-launch includes revamped offers and a refreshed Web site, Visa says. In related news, Visa announced “Prodigies,” a promotional film aimed at reinforcing the …
Read More »Men Are Now the Primary Buyers of Gift Cards, Blackhawk Network Finds
Men have supplanted women as the primary buyers of gift cards, says a report from Blackhawk Network. The shift is attributable to men taking on more household responsibilities, such as shopping and gifting, the report says. Blackhawk has been conducting the survey for nearly a decade. Types of gift cards …
Read More »Payment Choice Is A Key Driver In The Customer Experience, Fiserv Finds
Providing consumers more ways to pay and engage with merchants play key roles in driving consumer purchasing decisions, according to Fiserv Inc.’s Spring 2024 Carat Insights Report. One way for merchants to engage on a deeper level with consumers is to offer apps featuring loyalty and rewards programs and that …
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