News

February, 2022

• 22 February

  Klarna Expands Rewards Program and other Digital Transactions News briefs from 2/22/22

  

  Buy now, pay later specialist Klarna AB said it is expanding the geographic reach of its rewards program and its Pay Now service. The rewards program will be available in nine countries, with Pay Now expanding to nine new countries beyond the current base in the U.S. and U.K., where the immediate-payment …
• 22 February

  How the Worldline-Apollo Deal Could Be a Net Positive for Ingenico

  

  Worldline S.A.’s decision to enter negotiations to sell its Terminals, Solutions and Services unit to asset-management firm Apollo Global Management Inc. may allow the unit’s Ingenico brand to refresh its point-of-sale technology operation under the umbrella of a new owner and away from the short-term expectations of the public markets, …
• 21 February

  Worldline Says It’s Working out a Deal to Sell Its Ingenico Unit to Asset Manager Apollo

  

  Two years after it acquired the big point-of-sale technology company Ingenico S.A., the French processing giant Worldline S.A. has launched negotiations to sell the business to the asset-management firm Apollo Global Management Inc. The terms worked out so far, based on a binding offer from New York-based Apollo, call for …
• 21 February

  Epos Now Partners With Prelim To Enhance Its Platform’s Digital Customer Experience

  

  Prelim, a San Francisco-based provider of digital-banking services for financial institutions, has partnered with Epos Now, a cloud-based provider of point-of-sale technology. The partnership is expected to enhance the digital experience for Epos Now’s customers and simplify onboarding to its platform. Norwich, England-based Epos Now, which services 51,000 retail and …
• 21 February

  ProducePay Debuts Quick-Pay+ and other Digital Transactions News briefs from 2/21/22

  

  Agriculture marketplace ProducePay launched Quick-Pay+, which allows growers to receive the bulk of payments from buyers 24 hours after shipments are received.RevoluGroup Canada Inc., which offers the RevoluPay payments app, concluded an oversubscribed private placement of shares valued at $2.187 million Canadian ($1.7 million).A French fintech called Vagopass introduced a Web application that allows …
• 18 February

  With Consumer Payment Habits Changing, Enterprise Retailers Are Investing In Cloud POS Again

  

  During the two years since the Covid-19 pandemic hit, point-of-sale technology for enterprise merchants in the United States has gone from being a low-growth channel for POS solution and hardware providers to one that now presents significant growth opportunities, according to a report from Moody’s Investor Service. Sparking the turnaround …
• 18 February

  Buy Now, Pay Later Kingpin Klarna Opens a U.S. Waiting List for Its Visa Card

  

  Klarna AB, the Sweden-based buy now, pay later giant with a major stake in the U.S. market, has opened a waiting list for its Klarna Card in the United States. The cobranded Visa card, to be issued by Salt Lake City-based industrial bank WebBank, follows Klarna’s convention of allowing users …
• 18 February

  Delta Adopts AmEx BNPL Service and other Digital Transactions News briefs from 2/18/22

  

  American Express Co. said Delta Air Lines has adopted AmEx’s Plan It buy now, pay later service, allowing AmEx consumer card users to pay for Delta flights in equal monthly installments with a fixed fee. AmEx launched Plan It in 2017.Payments provider Blackhawk Network Holdings Inc. said it is working with retail-technology developer …
• 17 February

  Amazon Comes to Terms With Visa After Dropping Its Threat to Ban Visa Cards in the U.K.

  

  With a crucial card-acceptance market at stake, Amazon.com Inc. has reportedly struck a deal with Visa Inc. to continue taking Visa cards issued in the United Kingdom. The agreement comes nearly a month after Amazon dropped a threat to stop taking the cards and said it would negotiate with Visa. That …
• 17 February

  How a Link to Discover And BIM’s New BuyPass App Ease ACH Payments for Merchants

  

  Digital payments platform provider Buy It Mobility Networks Inc. is betting its new BuyPass application will further reduce the complexities around connecting to its platform for merchants that want to offer branded payment options that debit a consumer’s bank account. Launched Wednesday, the application drops a URL into a merchant’s …