Digital Transactions Authoritative, insightful and timely information for payments professionals
- A technology company called Markt POS announced what it says is the first cloud-based software to handle payments and other functions exclusively for small and medium-size grocery and specialty stores. The company says more than 300 stores have signed up for the product.
- Iowa-based payments provider VizyPay said it has processed more than $4 billion in payments since its founding in 2017, with a 27% increase year-over-year in the fourth quarter of 2022. Estimated revenue in the quarter totaled more than $18 million, up 42% over the same period in 2021.
- Point-of-sale hardware provider Epson launched four compact m-Series thermal receipt printers.
- Payments platform Nayax Ltd. introduced Nayax Capital, a financing source for clients seeking to buy the VPOS Touch card reader or a Nova Market kiosk, which are used for unattended-retail sales. Nayax Capital is a joint venture between Nayax, Bank Hapoalim, and Alon Feit, the founder of the buy now, pay later platform Splitit.
- Buy with Prime, introduced in April, has increased shopper conversion by an average of 25%, according to Amazon.com Inc. The program allows merchants to offer Amazon Prime on their own shopping sites.
- In related news, the e-commerce platform BigCommerce launched its Buy with Prime app to enable merchants to install the program on their BigCommerce sites.
- A survey of some 300 U.S.-based information-technology executives found 25% of organizations had been victimized by ransomware attacks in the past 12 months, down fully 61% from the previous 12-month period. Also, 68% of victimized companies paid the ransom, down from 82%. That’s according to the “2022 State of Ransomware Report” from Delinea, a provider of access-management technology.
- A Korean fintech called SentBe has launched its money-transfer service in the U.S. market, allowing users to send U.S. dollars to more than 50 countries.
- Utimaco, an information technology security provider, said it is working with Spencer Technologies, an IT services provider, to offer remote key injection services for point-of-sale devices.
- Passport Technology Inc., a payments-technology provider to the gaming industry, appointed Diallo Gordon chief marketing and product officer. Gordon most recently was founder and chief executive of Phi Gaming LLC, which Passport acquired earlier.
Related Articles
Check Also
Flywire Teams With Blackbaud to Enable Cross Border Tuition Payments in the U.S.
Flywire Corp., a specialist in payments for higher education, has partnered with Blackbaud Inc., a …