Monday , November 4, 2024

Lavu Partners With Up ‘n Go; BofA’s Payments Data And Other Digital Transactions News briefs from 9/9/22

  • Lavu, a payments-technology provider specializing in restaurants, said it is partnering with Up ‘n Go, a vendor of contactless-payment technology based on QR codes, for pay-at-table checkouts.
  • Data from the Bank of America Institute indicate overall consumer spending seen by the big bank in August was up 13% over the same month in 2021 and nearly double the 7% increase seen in July. Spending included use of credit cards, debit cards, automated clearing house, wires, bill pay, person-to-person, cash, and checks.
  • PayByPhone said commuters using the Translink commuter buses and trains in Vancouver, British Columbia, can pay for parking with the app under a new agreement.
  • The Arcadier marketplace platform has agreed to use Nuvei Corp. to process payments in the United States, Latin America, Europe, the Middle East, and Africa.

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