Point-of-sale

September, 2021

• 24 September

  AmEx Expands Virtual Card Offerings and other Digital Transactions News briefs from 9/24/21

  

  American Express Co. said it is working with Extend, a virtual card specialist, to expand its virtual card options for U.S. businesses.Gift card provider Factor4 LLC said it is work with SavorConnect, a cloud-based integration platform, to make its gift cards that can used online, in stores, and with mobile devices available on …
• 23 September

  BNPL Consumers Are Not Shy About Using Credit Products, a TransUnion Report Finds

  

  New research suggests buy now, pay later users may not be shunning traditional retail credit products in favor of the installment-payment option. That’s one finding from TransUnion LLC’s “Understanding the Evolving Point-of-Sale” report released Thursday. The data show that 76% of the point-of-sale financing applicants had a retail card in …
• 23 September

  Repay Teams with Veem for Cross-Border Payments and other Digital Transactions News briefs from 9/23/21

  

  Payments-technology provider Repay Holdings Corp. has agreed to partner with business-to-business funds-transfer fintech Veem Inc. to increase cross-border payment options. At the same time, Veem will deploy Repay’s business-to-business virtual card and acquiring platform.InsurCard, a payment processor specializing in health care, launched a Mastercard debit card for persons who have received a …
• 22 September

  Eye on BNPL: Affirm Combines Repayment Options And SeaWorld Offers Uplift Installments

  

  As the buy now, pay later payment option continues to permeate commerce, Affirm Inc. fine tunes its repayment options and Uplift hooks SeaWorld as a client. San Francisco-based Affirm says its new Adaptive Checkout gives consumers the option to pay in biweekly or monthly installments. The service will dynamically present a …
• 22 September

  Chevron Picks P97 for App Updates and other Digital Transactions News briefs from 9/22/21

  

  Chevron Products Co. said it is working with mobile-payments technology provider P97 Networks Inc. to enhance the company’s mobile apps for both Chevron and Texaco customers.Mercator Advisory Group’s “18th Annual U.S. Closed-Loop Prepaid Cards Market Forecast 2020-2025” found that closed-loop prepaid card loads dropped 14% because of the pandemic, but are expected …
• 21 September

  PayPal Launches Its ‘Super App’ With a Raft of Shopping, Payments, And Banking Features

  

  PayPal Holdings Inc. on Tuesday launched a new version of its mobile app with a panoply of new shopping and financial features aimed at broadening the product’s appeal with consumers who are increasingly turning to online commerce. The big refresh, the first PayPal has executed on its digital wallet for …
• 21 September

  FNBO Launches BNPL Service and other Digital Transactions News briefs from 9/21/21

  

  The First National Bank of Omaha launched a buy now, pay later service that enables merchants to offer installment payments to consumers. FNBO tapped EXL, an operations management and analytics company, and Skeps, a point-of-sale loan originations platform, to help develop the service. The BNPL service can be integrated into e-commerce Web …
• 17 September

  Contactless Payment Rises—And So Do Back-to-School Purchases—PSCU Report Shows

  

  Contactless credit card transactions caught up to their debit counterparts as a percent of volume in August, with 17% of total card-present volume, as tracked in the monthly PSCU Payments Index, attributed to the payment form. That matches the share for contactless debit transactions. PSCU, a St. Petersburg, Fla.-based credit …
• 17 September

  The U.K.’s Curve App Launches a Buy Now, Pay Later Feature Called Curve Flex

  

  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 …
• 17 September

  Worldpay To Process GOL Transactions and other Digital Transactions News briefs from 9/17/21

  

  GOL Linhas Aereas Inteligentes S.A., said to be Brazil’s largest domestic airline, has chosen FIS Inc.’s Worldpay unit for payments processing in the 38 global market where the airline operates.Zum Rails, a provider of payments and open-banking software, launched anti-fraud technology for its Instant Deposit feature, which is enabled by Visa Direct.Humbl …