January 25, 2023
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
The Colombia-based payments processor Redeban has adopted payments-technology provider Nuvei Corp.’s Nuvei for Payments embedded-payments platform. Nuvei earlier this month agreed to acquire payments provider Paya Holdings Inc. in a deal valued at $1.3 billion. Wafi Inc. launched Wafi.cash, a payment processing platform for e-commerce transactions that purports to eliminate redundant entities in the payment …
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January 24, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
The most popular payment method for funding subscription payments is a debit card, with the checking account-connected option being used for 52.9% of global subscription payments. Subscription platform Recurly Inc. released this and other data in its “2023 State of Subscriptions” report Tuesday. The second most popular option was credit …
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January 23, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Featured, Marketing, Point-of-sale, Transaction Processing
Dealer Pay, a provider of point-of-sale technology to franchise and independent auto dealers, has updated its platform with several new features intended to deliver a better customer experience. Dealer Pay’s “send payment request” features enable dealers to collect payments directly from the customer via text messaging or email. Dealers can …
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January 18, 2023
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Law and Regulation, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
Oracle Corp. said restaurant chain Big Boy Restaurant Group LLC will adopt its Micros Simphony Cloud Point of Sale and Oracle Payment Cloud Service. Payments provider Paysafe Ltd. said it has expanded its processing services to sports betting in Ohio. The move follows on the heels of Paysafe’s entry in the Maryland sports-betting …
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January 17, 2023
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Law and Regulation, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Point-of-sale system maker Lightspeed Commerce Inc. said it will reorganize as it contends with a shifting economy. Among its actions are the elimination of 300 jobs, accounting for approximately 10% of its overall employees. The Consumer Financial Protection Bureau is considering regulations governing the fees providers charge for cross-border money wires, according to The Wall …
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January 16, 2023
Acquiring, Competitive Strategies, Marketing, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Retail-technology provider Toshiba has agreed to incorporate biometric identification technology from PopID into its point-of-sale and self-service devices running on Toshiba’s Elera Commerce Platform. PopID’s technology relies on facial-recognition software. Ingenico launched its Axium Retail Core capabilities for its Axium point-of-sale terminals that can ease integration efforts. Payments provider FreedomPay said it has integrated its services with the …
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January 13, 2023
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
FreedomPay Inc. said its payments services will soon be available to Canadian merchants serviced by Moneris Solutions Corp. Moneris expects the FreedomPay integration to be available mid-year. Toronto-based Moneris, one of the largest processors in Canada based on transaction volume, says the integration will give merchants more tools and choices. …
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January 13, 2023
Acquiring, Competitive Strategies, Issuing/Originating, Marketing, Transaction Processing
You have to spend money to make money. That’s an old adage, and it’s true. But actually making the payments takes up a lot of people’s time. It’s critical to your business operations, but it’s not why you’re in business. That means there are opportunity costs. You have to spend …
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January 12, 2023
Acquiring, Competitive Strategies, Debit Cards, Digital Currency, E-Commerce, Fraud & Security, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Point-of-sale, Transaction Processing
Oracle Corp. launched its Retail Payment Cloud Service to support contactless payments for U.S. retailers at fixed-fee rate pricing. Mercatus Technologies Inc. debuted an updated version of its mobile grocery shopping app that includes seamless cart building and checkout, personalization, rewards and loyalty, and third-party delivery service integrations. MobileCoin Inc. launched Moby, a …
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January 10, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Featured, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Apple Inc.’s Tap to Pay on iPhone has lined up another point-of-sale system supporter. Tulip, a point-of-sale system maker for omnichannel and enterprise merchants, now supports the contactless payment technology via an integration with processor Adyen NV. Announced Tuesday, the integration means Tulip merchants can use iPhones to accept payments …
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