Cleure, a marketer of skin-care products, announced it will launch a redesigned Web site whose features include an express checkout with installment-lending capability from Afterpay Ltd.Payments provider Trust Payments said it has joined with property-management software provider Guestline to launch GuestPay, a payment service for hotel managers. The service is available in 25 …
Read More »Revel Advisory Board Debuts and other Digital Transactions News briefs from 9/24/20
Point-of-sale system develop Revel Systems Inc. formed the Revel Advisory Board, whose members will advise and guide Revel clients on subjects such as franchise planning, scalability and growth, technology, and data use.Processor Paya Inc. and FinTech Acquisition Corp. III, a special-purpose acquisition company, announced FinTech Acquisition Corp. III has filed a Form S-4 related to the …
Read More »Avon Calls on Apexx for Processing and other Digital Transactions News briefs from 9/16/20
Beauty-products marketer Avon International has recruited payments provider Apexx Global to process consumer payments to Avon representatives across global markets. Apexx supports credit and debit cards, PayPal, Apple Pay, and Android Pay as well as local payment methods.As the holiday shopping season nears, 39% of merchants surveyed by PayPal Holdings Inc. plan to sell …
Read More »AmEx Hires Wells Fargo’s Taylor To Lead U.S. Merchant Services and other Digital Transactions News briefs from 9/11/20
American Express Co. named Colleen Taylor president of U.S. merchant services. Taylor has been executive vice president of merchant services at Wells Fargo & Co. and had worked at Mastercard Inc.The financial newspaper Barron’s is reporting that publicly held Puerto Rico-based payments processor Evertec has hired Goldman Sachs to advise on plans for a sale …
Read More »Fanatics Adds Installment Payments and other Digital Transaction News briefs from 9/9/20
Fanatics, a retailer selling sports merchandise, is one of the first merchants to sign up for a point-of-sale installment payment service from Fiserv Inc. and QuadPay.Lightspeed POS Inc. made its shares available for purchase in the United States. The Canadian point-of-sale system developer also filed its application to list its shares …
Read More »Debit Card Spending up Last Week and other Digital Transactions News briefs from 9/8/20
Debit card spending increased 9.4% for the week ending Aug. 30 from the week ending Sept. 1, 2019, for credit unions working with PSCU, a credit union service organization. For the same period, credit card spending was down 2.5%. Mobile wallet use with a debit card increased 68% and those with …
Read More »So Far, a Nice Rise But Not a Wild Runup for Bitcoin Since the May Halving Event
In the nearly four months since it underwent a major downgrade in the incentive it offers miners, Bitcoin has seen its price rise nicely, but holders of the digital currency have not yet, at least, witnessed the wild upswing that followed the last such adjustment. Bitcoin was trading at $10,483 …
Read More »TransferMate Receives Payment License in Mexico and other Digital Transactions News briefs from 9/4/20
TransferMate Ltd., a provider of cross-border business-to-business payments technology, said it has won a payments license in Mexico.The Association of International Certified Professional Accountants and CPA.com announced they are seeking applicants for the 2021 startup accelerator program, whose specialty is accounting, finance, and regulatory technology.Cryptocurrency provider Crypto.com launched a French version of its app …
Read More »Paystand Business Clients up 40% and Other Digital Transactions News Briefs from 8/21/20
Blockchain-based business-to-business payments platform Paystand Inc. reported its service now supports 140,000 businesses, up 40% year-over-year, including 150 new enterprise clients. It also said its revenue has grown 1007% over the past three years.Cryptocurrency provider PayFBit announced it is organizing an initial coin offering to help fund the company, which offers a wallet, peer-to-peer …
Read More »Fortis and Blue Dog Merge and other Digital Transactions News briefs from 8/11/20
Payments providers Fortis Payment Systems LLC and Blue Dog Business Services LLC announced they have merged. Terms of the transaction were not disclosed.ATM portfolio manager Payment Alliance International Inc. said it has acquired the Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc. The deal adds almost 400 machines to Payment Alliance’s portfolio, …
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