Fintech Rellevate Inc. announced a multiyear licensing and distribution agreement with Richard Petty Motorsports for gift and reward cards depicting NASCAR icon Richard Petty. The cards will be issued by Sutton Bank.CommentSold, a 3-year-old social e-commerce site, said it added 2,000 merchants in 2020 and saw record growth in gross merchandise value …
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Nuvei Corp. said a wholly owned subsidiary has been approved to process sports-betting transactions in Tennessee, where sports wagers have been legal since 2019. Previously, Nuvei received approval to process sports betting in Colorado, Indiana, and West Virginia.Point-of-sale system provider Revel Systems said majority owner Welsh, Carson, Anderson & Stowe made another investment …
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Payments provide PPRO Financial Ltd. announced a $180-million funding round valuing the company at more than $1 billion.AeroPay, a payments provider specializing in the cannabis industry, said it is working with Blackbird, a cannabis software and delivery company, to process online ordering for cannabis businesses.U.S. payments provider WEX Inc. announced it will process …
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Professional Datasolutions Inc., which provides software, including payments services, to convenience stores and gasoline wholesalers, announced Monday it has reached an agreement with c-store and gas-station operator EG Group to expand the use of its payment technology to about 1,700 EG Group sites across the United States. The agreement builds …
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The Berks Area Regional Transportation Authority in Reading, Pa., will launch its Go Mobile payment app Jan. 26, allowing riders to use a mobile device to pay for bus fares and passes. The app was developed by Modeshift Inc., a specialist in technology for transit agencies.Bestpass, a processor of toll payments for …
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As consumers’ comfort level with online sports betting grows, a quick and frictionless payout of winnings will play a key role in their choice of an online gaming vendor, says a study released Thursday by payment-platform provider Paysafe Group. Of the more than 2,000 online-sports bettors surveyed by Paysafe across …
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The holiday shopping season may be over, but the holiday returns are coming in at full force. Data from PSCU, a credit union service organization, showcases the impact the rise in e-commerce spending is having on returns. Return purchases using debit cards were up 76.2% for the week ending Jan. …
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Mastercard Inc. will test contactless payment acceptance using common Android smart phones and tablets in the United States. The technology, relying on software developed by Mastercard Labs, enables these off-the-shelf devices to accept contactless payments with no special hardware. Announced Monday, the service, called Tap on Phone, intends to capitalize …
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NCR Corp. confirmed it is the party that has made a $39-per-share cash offer to acquire international ATM network operator Cardtronics plc. The last-minute bid trumps a previous, $35-per-share offer from investment firms Hudson Executive Capital and Apollo Global Management.Citizens Financial Group Inc. said it has expanded the reach of its point-of-sale …
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Processor Shift4 Payments Inc. on Thursday expanded its presence in the gambling industry to include online gambling and fantasy leagues through a partnership with Sightline Payments, a provider of cashless gaming and betting solutions. The partnership complements Shift4’s existing relationships with Las Vegas casinos and other betting venues around the …
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