Transaction Processing

ACI Worldwide Inc. said its real-time payments platform, UP Immediate Payments, has added application programming interfaces to ease integration with mobile wallets, e-commerce portals, bill-pay apps, social-media payments, and other applications.Payments provider Klarna AB said it has an agreement with musical-instrument maker Fender to provide a payment option offering four equal installments on …

A new report from CardFlight Inc., a point-of-sale technology provider serving more than 60,000 small businesses through its SwipeSimple service, shows merchant activity climbing back to just about where it was in early March when the Covid-19 outbreak began to hit the economy hard. Total sales in the SwipeSimple merchant …

Some results from Interac Corp. on Friday show the novel coronavirus and its attendant restrictions are pushing Canadian consumers and businesses toward digital payments, a trend the company says could have lasting effects. In April, e-Transfer transactions reached a record level at 61.3 million, according to the announcement from Interac, …

Point-of-sale lender LendingUSA LLC launched an instant ID-verification capability, which involves applicants using a smart phone to take and transmit photos of government-issued ID cards and selfie photos. The company says its merchant base exceeds 8,000 nationally.A startup called Skyflow said it has raised $7.5 million in a seed funding round aimed at developing …

Citcon USA LLC said Tulip Retail Inc., a provider of mobile apps used by store clerks at major retail chains, will deploy Citcon’s mobile-payments technology to enable acceptance of Alipay, WeChat Pay, and UnionPay QR. A 5-year-old startup company, Citcon specializes in enabling U.S. merchants to accept China-based mobile-payments apps. …

Debit card issuers have a new tool to spot potential false transaction declines with a new service from processor Fiserv Inc., and the authentication needs of mobile payments are driving, in part, the growth in fingerprint sensors. Brookfield, Wis.-based Fiserv says its new Authorization Lift service will help reduce the number …

Working with an unnamed partner, commerce platform Shopify Inc. said it will launch Shop Pay Installments later this year. The option will let consumers at checkout split purchases into four equal installments at no interest.In related news, point-of-sale installment lender PayBright said Canadian fashion retailer Groupe Dynamite is offering PayBright’s service on the merchant’s …

Forty-five percent of U.S. consumers are ordering online more often than usual as a result of restrictions stemming from Covid-19, and 34% are making more purchases with contactless or mobile-payment options, according to an online survey of 807 U.S. adults by Auriemma Group, a financial-services consulting firm. The firm also surveyed consumers …

With its merchant business under pressure because of the coronavirus pandemic, Square Inc. is yet again spying new opportunities for its consumer-facing Cash App, whose core feature is person-to-person payments. This time, Square is rolling out regularly scheduled purchases of Bitcoin and stocks for Cash App users. Square chief executive …

All four card brands have now delayed for the second time their EMV liability shifts for automated fuel dispensers with Mastercard Inc.’s Monday announcement it would postpone its shift until April 16. The original shift was to have taken place in October 2017, but was deferred until October 2020. Along …