Digital Transactions Authoritative, insightful and timely information for payments professionals
- Merchant processor EVO Payments Inc. says it has a deal to acquire the payment-gateway assets of Mexico City-based SF Systems, which has developed integrations with many of Mexico’s largest point-of-sale systems. EVO has been working with SF Systems since it entered Mexico in 2015. Terms of the deal were not disclosed.
- Prepaid-payments provider InComm and Playport Gaming Systems, a digital, instant-win gaming technology company, announced they will work with North America lotteries to distribute Playport’s digital-gaming products through select InComm retail clients.
- Card Corp., a developer of affinity-branded prepaid cards, and Meta Financial Group Inc., a major issuer of prepaid cards, said they are working together on new payment services. Card also announced it has hired Dave Petrini, a former Green Dot Corp. executive, as president and chief financial officer.
- Euronet Worldwide Inc., owner of Ria and three other money-transfer brands, said it processed 26.6 million money-transfer, currency-exchange and check-cashing transactions in the first quarter, up 10% year-over-year. Money-transfer segment revenues grew 11% on a constant-currency basis to $256.6 million.
- Digital money-transfer provider Remitly Inc. said it is doubling its worldwide cash pick-up locations through a new deal with Euronet Worldwide Inc.’s Ria money-transfer service that will enable Remitly cash pick-ups at 73,000 Ria locations in 44 recipient countries. Ria struck a similar deal last August with PayPal Holdings Inc.’s Xoom money-transfer service.
- Formstack LLC, provider of software-as-a-service systems for data collection and workplace productivity, said its Forms service is now compliant with the Payment Card Industry data-security standard.
- Agreement Express, which provides digital onboarding services, said check and automated clearing house products from Paya are available in the Agreement Express Unified Application service.
- Ingenico Group launched its Moby/5500 series of card readers for mobile point-of-sale services.
- Processor Jack Henry & Associates Inc. said revenue in its payments segment increased 3% year-over-year to $135 million in the third quarter of fiscal 2019 ended March 31.
- BitPay Inc. said Refundo, which provides tax-related financial products, is making federal and state tax refunds available in Bitcoin directly to consumers using BitPay’s Payouts service.
Related Articles
Check Also
Gen Zers Are Struggling With Credit Card Debt, CreditCards.com Finds
Gen Zers struggle to pay their monthly credit card bills, with 56% having missed a …