Web services and payments provider GoDaddy Inc. released its Tap to Pay on Android point-of-sale service for merchants, complementing the Tap to Pay on iPhone technology it already offers. Tap to Pay on Android enables merchants to use consumer-grade smart phones as contactless payment-acceptance devices without a need for separate …
Read More »It Turns Out 2023 Was a Banner Year for Bitcoin Acceptance—Which Remains Spotty
Bitcoin has struggled for years to win breakthrough adoption among sellers large and small, even though some major, e-commerce companies like Overstock-com, Newegg.com, and Microsoft Inc. have accepted the digital currency for at least a decade. But Bitcoin’ spotty acceptance may be masking some important advances among smaller and lesser-known …
Read More »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 …
Read More »NetCents Teams With Worldpay in an Effort to Broaden Crypto Acceptance
NetCents Technology Inc., a payment-processing gateway specializing in cryptocurrency, has partnered with the massive acquiring processor Worldpay. The deal is expected to boost adoption of cryptocurrency and stablecoins as mainstream payment options, according to NetCents. NetCents’ gateway provides corporations, small and medium-sized businesses, startups, and blockchain companies, a crypto …
Read More »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 …
Read More »Wirex’s Latest Move Aims to Protect Users From Dark Web Scams
Digital-payments provider Wirex says it is working with ZeroFox Holdings Inc., a provider of cybersecurity technology, to incorporate ZeroFox’s Dark Web Monitoring app into its platform. Wirex’s blockchain-based service enables consumers to buy, sell, send, spend, and store fiat and crypto currency through the Wirex digital wallet. ZeroFox’s Dark Web …
Read More »TurboTenant in Lula Fee Deal And Other Digital Transactions News briefs from 12/28/23
TurboTenant, an online property-management platform that enables landlords to collect rent payments, said it will work with Lula, a property-maintenance firm, for maintenance services and payment of service fees. Some 600,000 landlords are said to use TurboTenant’s platform. MoneyGram and Stellar Development Foundation announced they have invested an undisclosed sum in …
Read More »Lowe’s Adopts Apple Pay And Other Digital Transactions News briefs from 12/27/23
The big home-improvement chain Lowe’s has started to accept Apple Pay in its stores, according to reports. The chain, which maintains more than 2,000 U.S. stores, has long accepted Apple Inc.’s mobile-payment service online and in its app.
Read More »Google Settles a Play Store Antitrust Lawsuit, But Its Payments Troubles May Not Be Over
Google has settled an antitrust lawsuit over its Google Play payment practices. The suit, filed in 2021, alleged the Alphabet Inc. unit levied fees up to 30% for app purchases made in its Google Play store. The practice, along with Google Play’s 90% share of all U.S. Android app distribution, …
Read More »Eye On BNPL: Affirm Teams Up With Blackhawk Network; Splitit Delists Upon Its Latest Cash Infusion
BNPL providers are expanding the utility of the payment option by enabling consumers to finance gift card purchases. BNPL provider Affirm Holdings Inc. announced Tuesday it is partnering with prepaid card platform provider Blackhawk Network Holdings Inc. to allow consumers to purchase digital gift cards on Affirm.com or in the …
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