Hot trends tend to spin off related innovations, and now it looks like buy now, pay later is no exception. The London-based fintech Curve OS Ltd. on Thursday unveiled Curve Flex, a service that lets users convert any Curve transaction into an installment plan with the swipe of a button …
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The biggest U.S. processor of card transactions announced on Thursday it has started processing credit card payments in the U.S. for the massive Alibaba.com online marketplace. As part of the arrangement, J.P. Morgan Merchant Services said it is working with the mobile and online payments provider Alipay to manage transactions …
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Visa Inc. announced it has helped enable an estimated 16 million small businesses globally for digital payments, reaching 30% of its goal to so enable some 50 million small concerns.The Goldman Sachs Group Inc. said it will acquire GreenSky Inc., a provider of payments and loans at the point of sale for more …
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Six years after it shut down its last effort in mobile wallets for merchant payments, Square Inc. on Monday announced it is launching a new payments feature that will let users of its highly popular Cash App pay sellers in-store and online. Cash App Pay, which can be used at …
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In a bid to help brands and retailers counter fraud, counterfeiting, and misredemption losses from coupons, all of which can total more than $100 million annually, fintech SKUx early Tuesday introduced SKUPay. The application allows brands to replace paper and digital coupons with serialized digital offers that have individualized tracking …
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It’s more than 100 days until Christmas, but forecasts for the 2021 holiday shopping season are already rolling in. Mastercard Inc., in its SpendingPulse report released Monday, forecasts that U.S. holiday retail spending from Nov. 1 to Dec. 24 will increase 7.4% over 2020 and 11.1% over the same period …
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Commerce specialists SpotOn Transact LLC said it will acquire Appetize Technologies Inc., a point-of-sale technology provider for the hospitality and entertainment industries. Terms were not disclosed. SpotOn also said it raised $300 million in Series E funding, which it will use to help pay for the Appetize acquisition.Integrated-payments provider EngageSmart LLC announced an initial public …
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The trend of professional sports stadiums toward adopting cashless technology to bring greater operating efficiencies to concession stands and other retail outlets within the venue has taken another leap forward with Square Inc.’s 10-year deal to provide payment and merchant services to Los Angeles’s SoFi Stadium and adjoining Hollywood Park development. …
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Wednesday was a busy day for Global Payments Inc. Seeking to expand its share of business-to-business payments processing, the Atlanta-based processing giant on Wednesday agreed to acquire MineralTree Inc., a provider of accounts-payable automation and B2B payments solutions, for $500 million in cash. Global Payments will finance the deal with …
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JPMorgan Chase & Co. has agreed to buy close to 75% of Volkswagen’s payments platform, operated by Volkswagen Payments S.A. Terms of the deal were not announced. The unit supports in-car payments and other services in 32 markets worldwide.Clickatell, an online chat provider, launched Chat 2 Pay, a service that enables …
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