Payments provider EVO Payments Inc. reported a 30% increase in revenue year-over-year to $122.2 million for the second quarter. For the first half of the year, revenue totaled $228.4 million, up 11%. The company processed 1.03 billion transactions for the quarter, up 35%.Feedzai Inc., an anti-fraud technology provider serving the payments industry, …
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On the heels of Square Inc.’s acquisition of Afterpay Ltd., other buy now, pay later providers are jockeying to boost their position in the hotly competitive BNPL market. Sezzle Inc. struck a deal Tuesday with e-commerce platform BigCommerce Holdings Inc. to become its preferred BNPL partner. BigCommerce will integrate Sezzle …
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Led by robust growth in its merchant-processing unit, FIS Inc. Tuesday morning heralded a strong second quarter, with record sales and with momentum continuing deeper into the summer, according to the Jacksonville, Fla.-based company’s top executives. Speaking to equity analysts to discuss the company’s second-quarter results, management also outlined a …
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Fiserv Inc. released Clover Station Solo, a point-of-sale service for full-service restaurants. It provides tools to manage front-of-house tasks, payments, online ordering, and employee scheduling.Cloud-based point-of-sale system provider Appetize launched Appetize+, a subscription plan that bundles software, hardware, payments, and support in a single monthly fee. It launched Appetize Payments in May.Payments provider Lightspeed POS Inc. said …
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Square Inc.’s acquisition of Afterpay Ltd. is expected to give Square a ready-made product in the hotly competitive buy now, pay later market that it can quickly plug into its consumer and merchant applications to make it an immediate force in BNPL. Square on Sunday announced it was acquiring Afterpay, …
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Global Payments Inc. early Monday announced it will make its Netspend prepaid card services available via Amazon Web Services. While reporting a strong performance for the June quarter, the Atlanta-based processing company also said it is acquiring from Spain’s Caixabank the payments businesses of the bank’s Bankia unit. The move …
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Alphabet Inc.’s Google unit is betting its partnership with Marqeta Inc.to issue a tokenized virtual Google Pay card will entice consumers to use Google Pay more often for day-to-day purchases online and in-store. The new card, announced this week, allows users to make purchases with their Google Pay balance using a …
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Amazon.com Inc. reported its sales for its online stores totaled $53.2 billion in the second quarter, up 16% year-over-year. Physical-store sales rose 11% to $4.2 billion.Cryptocurrency-payments processor BitPay Inc. said it now supports Litecoin in the BitPay Wallet app. Newegg.com is the first merchant to accept Litecoin through BitPay. Litecoin is the 13th-largest …
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As they have for rival Visa Inc., transaction volumes are continuing to improve for Mastercard Inc. as world commerce stages its recovery from the impact of the pandemic. “The strong momentum we started the year with accelerated this quarter,” chief executive Michael Miebach said Thursday morning during a session with …
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The Zelle peer-to-peer payment network processed $120 billion on 436 million transactions in the second quarter, up 58% and 68%, respectively, year-over-year, according to network operator Early Warning Services LLC.Card-present transactions at small businesses are up 83% over the pre-Covid baseline of March 2020, according to the latest CardFlight Small Business Report. The …
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