Monday , December 16, 2024

Electronic Bill Payment

Pineapple Payments Acquires Card Champ and other Digital Transactions News briefs from 6/25/19

Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed. Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines. Payment Data Systems Inc. changed its name to …

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Allied Payment Debuts Bill-Payment Tech and other Digital Transactions News briefs from 6/20/19

Online and mobile bill-payment provider Allied Payment Network announced what it says is a “first of its kind” real-time digital bill-payment technology. The company developed the product in collaboration with Finastra, a software provider to financial institutions. Payments provider International Bancard said it was named the official credit card processor …

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AT&T Says It’s Now the First Mobile Carrier to Accept Cryptocurrency for Bill Payments

AT&T Communications said on Thursday that starting now it will accept bill payment in cryptocurrency, making it the first mobile carrier, and one of the largest companies overall, to do so. The company, a unit of AT&T Inc., is using Atlanta-based processor BitPay Inc. to handle digital-currency payments. No information …

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ACI Acquires Western Union’s Walletron Mobile Bill-Presentment Business

In an effort to boost its electronic bill-payment offerings, payments-technology provider ACI Worldwide Inc. on Thursday announced its second recent acquisition from The Western Union Co., this one of mobile bill-presentment provider Walletron Inc. Today’s announcement came at the same time Naples, Fla.-based ACI said it will complete its previously …

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Visa Completes Earthport Deal and other Digital Transactions News briefs from 5/8/19

Visa Inc. closed on its acquisition of Earthport, a provider of cross-border payments services. The card network says it expects the acquisition to allow it to access “the vast majority of the world’s banked population” to allow them to move money globally. Earthport earlier this year had been the object …

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Mastercard Adds To Its Bill-Pay Heft With Transactis Acquisition

In its latest move to enhance its electronic bill-payment services, Mastercard Inc. announced Friday it has a deal to acquire bill-pay platform provider Transactis Inc. New York City-based Transactis provides technology that enables small businesses and organizations such as schools and property owners that mostly deal with paper bills and …

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Facebook Planning a Crypto Payments System? and other Digital Transactions News briefs from 5/3/19

Facebook Inc. reportedly is planning a cryptocurrency-based payment system using a digital coin with stable value that would enable the social-networking giant to avoid fees it incurs for conventional card payments, according to a report in The Wall Street Journal cited by the Associated Press. The report says Facebook is …

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i3 Verticals Buys Net Data for $24 Million and other Digital Transactions News briefs from 4/8/19

i3 Verticals Inc. completed its $24 million acquisition of Northeast Texas Data LLC and Graves Humphries Stahl LLC, collectively known as Net Data, which provides software services, including payment acceptance, to municipalities and local government agencies primarily in Texas. Millersville University adopted the ACI student payment portal from ACI Worldwide …

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Checkbook Enlists Visa Direct and other Digital Transactions News briefs from 4/4/19

Checkbook, a provider of digital-check technology, introduced Instant Pay, a service that lets businesses push funds into consumer and corporate bank accounts using Visa Direct, Visa Inc.’s push-payments network. Checkbook’s founder is PJ Gupta, former chief network architect at Visa. First American Payment Systems LP said it now offers Idealpos’s …

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Wells Fargo Debuts Tap-and-Go Cards and other Digital Transactions News briefs from 4/2/19

Wells Fargo & Co. has introduced contactless credit and debit cards for point-of-sale transactions. Information on how many cards will be issued was not immediately available. Tapping at ATMs will be introduced nationwide later this year at more than 13,000 machines, the bank said. Advanced Solutions International, a software developer …

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Digital Transactions