Digital Transactions Authoritative, insightful and timely information for payments professionals
Huntington Bancshares Inc. said it is establishing a unit within the bank dedicated to payments strategy and investment. Amit Dhingra has been appointed to lead the group as Enterprise Payments Director.A platform called i-payout said it is launching a real-time service for payouts in the U.S. and Canada. Rather than …
June, 2022
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2 June
Shopify Teams With DePay to Bring Token Acceptance To E-Commerce Merchants
The drive to achieve mainstream merchant acceptance of cryptocurrency received a boost Thursday as Shopify Inc. and DePay, a Swiss blockchain payments platform, teamed up to enable consumers to send direct payments to Shopify merchants’ wallets. Shopify will leverage DePay’s blockchain to enable merchants to receive any preferred tokens, with …
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2 June
Bank And Credit Card Apps Register More Usage But Less Consumer Satisfaction
The financial stresses brought on by inflation and other after-effects of the pandemic are starting to damage consumer satisfaction with payments apps, according to the results of a series of J.D. Power surveys, results of which were released early Thursday. Indeed, consumer satisfaction seems to be dropping even as app …
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2 June
Shoplazza Integrates With Payoneer and other Digital Transactions News briefs from 6/2/22
Shoplazza, a shopping-cart technology provider for more than 360,000 merchants, said it will support integration of payments-acceptance capability from Payoneer into its clients’ Web stores.Billing and payment platform Kill Bill and Wovenware, a provider of artificial intelligence and software engineering services, said Wovenware created an open-source plugin that integrates e-commerce processor Adyen to the …
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1 June
Eye On BNPL: Affirm and Stripe Team Up, As Do Klarna And Marqeta
In a sign of buy now, pay later’s deepening penetration of digital payments, Affirm Inc. is partnering with payments-technology provider Stripe Inc. to make its Adaptive Checkout application available to Stripe clients in the United States. Launched in 2021, Adaptive Checkout uses Affirm’s decisioning engine to offer consumers personalized bi-weekly …
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1 June
Payoneer Forges Ties to Online Games Marketplace SEAGM And BNPL Bazaar Optty
Since going public a year ago, Payoneer Global Inc. has been capitalizing on its capabilities in key cross-border payments capabilities, including direct transfers and mass payouts. Its reach now includes big international online marketplaces with its announcement early on Wednesday that it will process payments for merchants selling on SEAGM, …
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1 June
Fundbox’s Visa Debit Card and other Digital Transactions News briefs from 6/1/22
Visa Inc. has collaborated with working-capital platform Fundbox to launch the Fundbox Flex Visa debit card, issued by Pathward N.A.KindTap Technologies, a payments provider specializing in the cannabis industry, has integrated with Dispense, an e-commerce platform, to allow merchants using Dispense to accept credit card and automated clearing house payments …
May, 2022
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31 May
Paysafe Targets High Rollers by Raising Its iGaming Wager Limits
To expand its iGaming business and revitalize its digital-wallet business, Paysafe Ltd. on Monday announced it is increasing the wagering limit for high-stakes online gamblers using its Skrill USA wallet to fund their iGaming accounts. The feature is expected to appeal to high rollers who make five- and six-figures wagers. …
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31 May
Deployers Are Driving Growth in the U.S., But Overall the ATM Count Is Sliding, a Report Says
Few payments sectors were harder hit by the pandemic than ATM networks around the world, and now numbers released over the weekend indicate that the global ATM installed base continued to decline last year, albeit at a slower rate than in 2020. The U.S. market, indeed, saw its ATM count …
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31 May
Wirex Lists a New Stablecoin and other Digital Transactions News briefs from 5/31/22
Cryptocurrency-based payments platform Wirex listed a new stablecoin, NXUSD, on its platform and added support for it to its digital wallet.In related news, Asia-based crypto-investment platform Bit.Store said it is extending a partnership with crypto-based payments provider Alchemy Pay to add mobile wallets and domestic instant-transfer capabilities to Bit.Store alongside existing credit card and …
