Digital Transactions Authoritative, insightful and timely information for payments professionals
• Canada-based Mobeewave is making its PayMeTap mobile peer-to-peer app available to consumers across Canada. The free app had been in testing. The Android app enables consumers to accept a payment by tapping a phone with a contactless credit card.
• Payments company BillingTree Inc. launched the Payrazr Marketplace, which offers a variety of payments products. BillingTree also launched the myPayrazr IVR automated telephone-payment service.
• Nonprofit payments specialist Vanco Payment Solutions expanded its relationship with ACS Technologies, which develops church-management software.
• Mobile point-of-sale specialist AnywhereCommerce is now offering point-to-point encryption technology from Bluefin Payment Systems to merchants using AnywhereCommerce’s Nomad 2 devices.
• Payments company Main Stream Merchant Services Inc. extended its next-day funding settlement cutoff to 11 p.m. Eastern from 9 p.m. Eastern to accommodate businesses with strong weekend volume.
• Independent sales organization Intrix Technology Inc. is working with Ionic Services Inc., a vendor of back-office software, to provide funeral homes with a solution that combines payment processing with accounting.
• Allied Solutions LLC, a vendor of financial and marketing products to financial institutions, has enlisted technology from Cachet Financial Solutions Inc. to allow customers of client institutions to pay recurring bills by using a smart phone to image and submit a signed check.
• Payments provider i3 Verticals LLC said its subsidiary Data Business Systems has changed its name to PaySchools to better reflect its business, which is providing payment-processing solutions to more than 8,000 schools in 43 states.
