Shift4 Payments Inc. has long made no secret of its plans to expand the average size of the merchants it serves, but early on Thursday its chief executive made the company’s overarching strategy crystal clear following recent signings of such international clients as Time Inc. and SpaceX’s Starlink satellite business, …
Read More »Blackhawk Teams Up With Aurus To Help Increase Digital Payments Access
Blackhawk Network Inc. is partnering with Aurus Inc., an omnichannel payments-platform provider, to increase consumer access to digital payments such as digital wallets and buy now, pay later loans. The deal is expected to provide merchants a single payments platform that supports myriad payment options, including general purpose and private-label …
Read More »PayGround Secures $5.5 Million in Funding And Other Digital Transactions News briefs from 7/29/22
PayGround, a payments fintech specializing in health care, completed a $5.5-million funding round led by FCA Venture Partners and Lewis & Clark Ventures. The financing follows a $4-million seed round for PayGround last year.Chargebacks911 said its partnership with FIS Inc.’s Worldpay unit now includes Disputes Deflector, a set of chargeback and …
Read More »Mobile Payment Use Increases and other Digital Transactions News briefs from 7/27/22
Consumers making a mobile payment at least once a week increased to 58% in the first half of 2022, compared with 46% in the same period in 2021, according to ACI Worldwide Inc.’s latest 2022 ACI Speedpay Pulse survey.E-commerce specialist Signifyd said a survey it commissioned found that 66% of respondents cut back their …
Read More »Clover And Carat Help Propel Strong Results for Fiserv
Merchant acquiring is Fiserv Inc.’s largest and fastest-growing business, and in the second quarter it showed no signs of slowing down. Driven by technologies like Clover, a set of point-of-sale gear, and Carat, a fast-growing commerce platform, the acquiring unit posted $1.9 billion in revenue in the quarter ended June …
Read More »Amazon.com Launches a Digital Wallet to Simplify Money Management For Sellers
To help sellers more easily manage proceeds from sales on their Amazon stores and expand their business globally, Amazon.com Inc. late Monday launched a digital wallet that allows sellers to hold, view, and transfer funds from sales on the marketplace directly to their bank accounts. The wallet, which Amazon announced …
Read More »Waitr Secures MetLift Stadium Deal And Other Digital Transactions News briefs from 7/26/22
Waitr Holdings Inc., which is changing its name to ASAP, said it will be the exclusive mobile ordering platform for the New York Giants, New York Jets, and MetLife Stadium, the venue shared by both teams.The worldwide tokenization market is forecasted to grow from $2.6 billion in 2021 to $12.7 billion by …
Read More »Datacap Gift Launches And Other Digital Transactions News briefs from 7/25/22
Datacap Systems Inc. said it is working with gift card provider Card Market to enable Datacap partners to order custom gift cards for Datacap Gift, Datacap’s new omnichannel gift platform.E-commerce platform Promenade Group expanded its service to include Promenade for Butchers that includes a Web site, online ordering, delivery options, marketing, back-office management, …
Read More »Cardholder Volume Booms for AmEx As a Pandemic Recovery Continues
Network volumes and interchange revenues posted hefty increases at American Express Co. in the second quarter as consumers and businesses spent more while a recovery continues from the Covid-19 pandemic that hit two years ago. AmEx reported Friday that its network volumes totaled $394.8 billion in the quarter ending June …
Read More »Predators Pick Celero and other Digital Transactions News briefs from 7/22/22
Payments provider Celero Commerce announced it is the preferred processor for the Nashville Predators of the National Hockey League.Datacap Systems Inc. and PAX Technology Inc. announced an integration partnership. Datatcap’s software is now certified on multiple PAX devices.Payments provider ACI Worldwide Inc. extended an agreement with analytics firm IR for real-time transaction monitoring.Marriott International announced …
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