Tuesday , January 28, 2025

Mobile Wallets

Shift4 Previews Earnings and other Digital Transactions News briefs from 7/16/21

Payments provider Shift4 Payments Inc. announced preliminary results for the quarter ended June 30. It expects end-to-end payment volume—activity it processes rather than directing it through its gateway to other processors—in the range of $11.78 billion to $11.82 billion. Gross revenue will total between $345 million and $350 million.Blockchain payments and financial-services provider Circle …

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Jumping on the Contactless Trend, Intuit Tries Again to Penetrate the POS Market

Sensing that consumers’ growing preference for contactless-payments options will be permanent, Intuit Inc. on Thursday introduced its QuickBooks Card Reader for small businesses. The terminal, which integrates with QuickBooks Payments, supports what Intuit calls smart-tipping functionality. Businesses can customize three tipping options that are displayed on the card reader as …

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Trust And Security Could Be Big Hurdles As Apple Prepares Its Entry Into BNPL

For Apple Inc. to become a disruptor in the rapidly growing buy now, pay later market, the technology giant is going to have to win consumer’s trust and demonstrate its BNPL platform is secure.  Reports of Apple developing a BNPL product, which the company has internally dubbed Apple Pay Later, …

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Global Payments Launches TSYS Partner Program and other Digital Transactions News briefs from 7/14/21

Payments provider Global Payments Inc. announced consulting firm PwC will be a charter member of Global’s TSYS Partner Program, an initiative aimed at developing business partnerships with companies globally.CloudPay Inc., a payroll-processing provider, launched CloudPay Now, a service allowing multinational companies to provide earned-wage access globally.InComm Payments will process prepaid card transactions online …

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Mastercard And Verizon Team up on 5G for Payments, But the Collaboration Will Require Patience

Wireless connectivity at faster speeds and with more reliable service could be more widely available to the payments industry in as few as two years or less. Mastercard Inc. and Verizon Communications Inc.’s Verizon Business unit announced Tuesday morning they intend to work together to make 5G connectivity available in …

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KyckGlobal Adds Cross-Border Payments To Its Arsenal

KyckGlobal Inc. on Monday added cross-border payment capabilities to its platform by partnering with Moneycorp, a London-based provider of foreign exchange and global payment services to individual and corporate customers.  The partnership will enable KyckGlobal to facilitate cross-border payments in more than 200 countries via wire transfers and international ACH transactions, …

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An App Emerges for Fast Payments to a Fast-Growing Base of Freelance Workers

As the gig economy grows, startups are emerging to meet an expanding market for payment. An especially ambitious example is Willa Inc., which on Wednesday announced an $18-million Series A funding round led by FinTech Collective and including sums from existing investors EQT Ventures and Entrée Capital. The Ventura, Calif.-based …

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Splitit Adds BNPL In-Store Option and other Digital Transactions News briefs from 7/7/21

As consumers return to physical stores, Splitit USA Inc., a buy now, pay later provider, announced it is making its service available in-store and including availability with Apple Pay and Google Pay.Fly Now Pay Later, a United Kingdom-based fintech, announced a deal with Cross River Bank in New Jersey that will …

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PayPal’s U.S. POS Thrust With Zettle May Have Been ‘Inevitable,’ But It Faces Tough Rivalry

PayPal Holdings Inc.’s decision to bring its Zettle point-of-sale technology to the U.S. market may not surprise observers, but the move presents some formidable challenges, chiefly in the form of the existing competition, some observers say. At the same time, they add, Zettle brings a potent brand that fills a …

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Contactless Parking Expands As ParkMobile Grows Its Presence in North Carolina

ParkMobile LLC Thursday expanded its partnership with parking-lot operator The Car Park to Raleigh, Asheville, and Boone, North Carolina. Previously, The Car Park worked with another payment provider in those cities. The deal also builds on an existing relationship The Car Park has with ParkMobile in Tampa, Boise, Estes Park, …

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Digital Transactions