Digital Transactions Authoritative, insightful and timely information for payments professionals
In a bid to strengthen its hand with small businesses, Elavon, the Atlanta-based merchant-acquiring subsidiary of U.S. Bancorp, has launched talech Register, a payments and business analytics platform that, Elavon says, enables small business owners to manage their operations more efficiently. Elavon is initially offering two bundled packages for restaurants …
September, 2022
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2 September
Block Opens Cash App to Non-Square Sellers And Other Digital Transactions News Briefs From 9/2/22
Block Inc. has opened its Cash App wallet for payments to e-commerce merchants outside the Square seller network, TechCrunch reported.Health-insurance plan provider Gravie said it is expanding access for members of the plan to Gravie Pay, a buy now, pay later program for medical bills.Commerce Bank launched Commerce Connections Direct in conjunction with the fintech …
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1 September
PayNearMe Adds Kansas, Its 20th State for iGaming And Sports Betting
PayNearMe Inc. has added one more state for its iGaming and sports-betting processing business. The latest expansion, to Kansas, brings to 20 the number of states in which the payments and electronic billing platform provider has iGaming operations. The expansion also comes just as the collegiate football and National Football …
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1 September
Retailers Are Getting Better at Managing Gift Card Programs, a Report Finds
Grocers and home-improvement retailers may have something to take pride in. These two merchant categories are among the most improved in terms of managing their gift card programs. That’s the insight from the fifth 2022 Merchant Gift Card Omnicommerce Evaluation–U.S. Edition released by Blackhawk Network Holdings Inc. The rankings of …
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1 September
Inflation Tasks Sports Bettors And Other Digital Transactions News briefs from 9/1/22
Fifty-four percent of sports bettors using mobile technology earn incomes of $100,000 or more but “many” are worried about the impact of inflation on their ability to make credit card payments in the future, according to research from TransUnion in its report, “Consumer Pulse Online Sports Betting Study.”In other research, some 59% …
August, 2022
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31 August
Pet Supplies Plus Picks Adyen And Other Digital Transactions News briefs from 8/31/22
Pet Supplies Plus, an operator or franchisor of more than 600 pet stores in North America, chose Adyen NV to process online and in-store payments.Plug’n Play Technologies, a provider of e-commerce technologies, said it has implemented a platform from Authvia that allows stores to request and receive payments via messaging, text, and chat services.Mercury …
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30 August
SpotOn Prepares for a Surge in Sports Stadium Volume This Fall
With consumer spending for concessions and merchandise purchases steadily increasing at sports stadiums, SpotOn Transact, LLC, which provides point-of-sale and digital-ordering systems to 37 stadiums across the National Football League and the National Collegiate Athletic Association, is gearing up for an increase in volume for the 2022 professional and collegiate …
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30 August
MX Joins Nacha Program And Other Digital Transactions News briefs from 8/30/22
Nacha, the regulatory body for the automated clearing house network, has named open-banking specialist MX Technologies Inc. a member of its Preferred Partner Program. MX is the 30th company to be named to the program.Consumers’ top five favorite ways to pay are debit cards, credit cards, cash, contactless, and mobile wallets, according …
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29 August
The Fed Sets a May to July 2023 Window for Its Launch of the FedNow Real-Time Service
The Federal Reserve Board on Monday afternoon narrowed the window for the launch of FedNow, its real-time payment service, to the weeks between May and July of 2023. The announcement, which came in a short address by Fed Vice Chair Lael Brainard, is the latest in a series of updates …
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29 August
As Hacker Attacks Rise, States Start to Consider Banning Ransom Payments
Online attacks in which criminals seize control of victims’ data are rising, and government agencies are far from immune. That’s now leading states to consider laws prohibiting state agencies from paying ransoms to get the decryption key that would unlock what are often vital files. North Carolina in May and …
