Friday , November 8, 2024

Global Payments’ $2.29 Billion Quarter And Other Digital Transactions News briefs from 10/31/22

  • Payments processor Global Payments Inc. reported revenue of $2.29 billion for the September quarter, up 3.8% year-over-year. Revenue for the first nine months of the year totaled $6.72 billion, up 6.2%. Global Payments expects to close on its $4 billion acquisition of EVO Payments Inc., announced in August, in the first quarter of 2023.
  • Nationwide train operator Amtrak launched its Amtrak Guest Rewards Mastercard, a cobranded card issued by First National Bank of Omaha. The card offers points toward Amtrak travel, upgrades, dining, and gift cards.
  • The Financial Data Exchange said 42 million consumer accounts are using its FDX application programming interface code for open finance data sharing.
  • The global buy now, pay later market will grow at a compound annual rate of 29.36%, according to a forecast from research firm Technavio. North American BNPL transactions are predicted to contribute 34% of that growth.
  • OnlineCheckWriter.com, a business-to-business payments company, released its credit card payment service, enabling businesses to pay vendors and others with a credit card, even if they do not accept credit cards.

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