Monday , January 27, 2025

Marketing

X Sets 2024 P2P Payments Goal And Other Digital Transactions News briefs from 1/10/24

X, the social network formerly known as Twitter, announced in a Tuesday blog post it will launch peer-to-peer payments this year, “unlocking more user utility and new opportunities for commerce, and showcasing the power of living more of your life in one place.” Payments provider VizyPay announced it processed $1.8 billion in …

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Eye on POS: Elo Pay Debuts; How Soft POS Transactions Will Bloom

The hotly competitive point-of-sale technology arena just got more so with the launch of Elo Pay and an accompanying POS terminal from Elo Touch Solutions Inc. Coming from Milpitas, Calif.-based Elo, Elo Pay provides payment acceptance, encryption, tokenization, and terminal-management tools in one service. Elo Pay also offers remote key …

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GoTab’s Phone Only Point-of-Sale App Debuts

Hospitality point-of-sale system provider GoTab Inc.’s latest product, billed as Phone Only POS, accepts payments on consumer-grade smart phones. It also makes it easier for consumers to pay at the table, GoTab says. The service enables clients to accept contactless credit or debit cards for payment without the need of …

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Online Holiday Spending Hit a New High In 2023

Online shoppers in the United States spent a record $222.1 billion during the holiday shopping season that ran between Nov. 1 and Dec. 31, a 4.9%increase from the same period a year earlier, according to Adobe Analytics. November was a strong month for online holiday purchases, with consumers spending $123.5 billion …

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Visa’s Web3 Loyalty Play And Other Digital Transactions News briefs from 1/4/24

Visa Inc. launched its Web3 Loyalty Engagement Solution, a platform that enables rewards for consumers who interact with businesses on digital platforms. Vetster, a telehealth provider for veterinary care, announced it is expanding its services in California to include online diagnosis and prescriptions, with online payments. Reacting to heightened check fraud, …

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RDE Views Its CardCash.com Acquisition As a Boost in the Gift Card Market

RDE Inc., owner of Restaurant.com, a popular dining-deals site, has closed on its acquisition of CardCash Exchange LLC, operator of CardCash.com, a secondary gift card marketplace. The deal advances RDE’s presence in gift cards for consumers and merchants. The combined business accounted for more than $100 million in revenue in …

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Overfuel Adds Credit Reporting Tool And Other Digital Transactions News briefs from 12/22/23

Overfuel, a provider of online payments for automobile dealerships, has integrated credit reporting from 700Credit LLC to allow users to prequalify for credit on a dealer’s Web site or on a mobile phone. Accounting platform Data Plus is teaming with Edenred Pay, a back-end payments provider for the hospitality industry, to launch …

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Presto Voice Tally Predicts 1,270 Locations and other Digital Transactions News briefs from 12/15/23

Presto Automation Inc. forecast its new, artificial-intelligence-based Presto Voice ordering system for drive-through restaurants will have been adopted by 1,270 locations by the end of 2024, up from the current count of 404. River, a provider of technology and financial services related to Bitcoin, launched River Link, a service that lets users send …

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E-ZPass Hub Readied And Other Digital Transactions News briefs from 12/14/23

Tolling-technology provider Quarterhill Inc. said its Electronic Transaction Consultants unit has launched an E-ZPass interoperability hub to enable readily available electronic toll payments across regions of the United States. The move is considered a step toward nationwide toll-payment interoperability. Equipifi, a provider of buy now, pay later services for debit card issuers, …

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Discover Taps New CEO And Other Digital Transactions News briefs from 12/12/23

Discover Financial Services said its board of directors has appointed Michael G. Rhodes chief executive and president. Rhodes, who will take office on or before March 6, succeeds interim CEO and president John Owen, who will continue as a Discover board member. Rhodes comes to Discover from TD Bank, where he was …

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Digital Transactions