Tuesday , January 28, 2025

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Paya Partners With 1Retail to Bring Integrated Payments to Small Businesses

Payments provider Paya Inc. has agreed to supply point-of-sale systems supplier 1Retail with technology that enables EMV contactless and stored payments in enterprise resource planning (ERP) software from Acumatica Cloud. The deal provides Paya’s and 1Retail’s mutual customers running the Acumatica ERP platform with a POS system that works in …

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Worldline Adds Splitit as a BNPL Option for Merchants

Global processor Worldline S.A. will make Splitit, a white-label buy now, pay later provider, available to its roster of merchants and marketplaces, starting first in North America. Announced Tuesday, the integration will enable Worldline merchants to offer card-based installment payments within the existing checkout flow. Merchants can use their brand …

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COMMENTARY: Apple Pay Later Is Set to Trigger a Domino Effect in the BNPL World

The interest in buy now, pay later (BNPL) skyrocketed in 2021 and 2022: Millions of people have turned to this installment-payment solution for its convenience, flexibility, and simplicity. So it’s no surprise that Apple announced its new BNPL product, Apple Pay Later, in June. With its new financial service, the …

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Mobile Fuel Service EzFill Adds a One-Time Payment Service

EzFill Holdings Inc.’s specialty is sending one of its mobile fuel trucks to a driver’s location, thus eliminating the hassle to the driver of having to get to a gas station to fill up the car or a fleet of vehicles. Now, EzFill has launched a new one-time payment service …

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Dealer Pay Joins CDK Program And Other Digital Transactions News briefs from 12/16/22

Dealer Pay, a provider of point-of-sale payment acceptance for auto and truck dealerships, said it has joined the CDK Global Partner Program, which features applications and integrations for automotive dealers. Mastercard Inc. is working with the U.S. International Development Finance Corporation to help support financial institutions and businesses that work with …

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Afterpay Most Used BNPL Option by Gen Z And Other Digital Transactions News briefs from 12/15/22

Afterpay, the buy now, pay later service owned by Block Inc.’s Square, is the one most used by Gen Z consumers—those between 18 and 25 years old—according to a survey from Insights in Marketing, a marketing consultancy, with 58% of them having used Afterpay. Next was Klarna at 44%; Affirm …

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Is BNPL Risk Overstated? New Data Suggests It Isn’t

One impression of consumers who use buy now, pay later services is that they may not be as financially literate as others. New data from Capterra, a software reviews and selection platform, indicate that picture may not be entirely accurate. In Arlington, Va.-based Capterra’s “2022 Buy Now, Pay Later Survey,” …

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Facing Fast Growth, Payment Providers Plan a Hiring Blitz in 2023

At a time when many businesses are struggling to fill job openings, payments provider VizyPay LLC announced on Tuesday it is planning a “hiring blitz” in 2023. In preparation for the influx of new employees, the Waukee, Iowa-based processor named Alex Schaeffer director of learning and development and Marj Chaffin …

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Global Card Networks Are Thriving, Though Domestic Systems Could Pose a Threat

The number of card-accepting merchant locations around the world reached a record high of 88 million in 2021, up 2% over 2020 as measures to fight the pandemic helped stoke consumer usage of payment cards rather than alternatives like cash, according to research released Monday by London-based research firm RBR. …

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COMMENTARY: How Banks And Credit Unions Can Create a Top of Wallet Experience for Consumers

As the holiday season continues and the cost-of-living rises, shoppers are searching for meaningful yet budget-friendly gifts for loved ones. Consumers need financial flexibility to make large purchases without using their entire paycheck to do so. Buy now, pay later solutions continue to rise in popularity as consumers search for …

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Digital Transactions