News

November, 2024

• 19 November

  Level the card-fee playing field with dual pricing

  

  Paying with a card is very popular with consumers. They love the convenience and security of not carrying cash. For merchants, however, these payments come with a price: Processing fees. Getting paid with plastic often means merchants have to pass that expense on to their consumers. Even with low-rate accounts, …
• 19 November

  Google Pay Adds Afterpay And Klarna; BluPeak CU Launches BNPL for Its Debit Card Holders

  

  Afterpay, Block Inc.’s BNPL service, is making its service available to select Google Pay merchants for online purchases for the holiday-shopping season. Klarna will be available through Google Pay merchants in the United States next year. Consumers shop on Google more than 1 billion times per day, according to Google …
• 19 November

  Xoom Users Can Settle Transfers in the PYUSD Stablecoin, PayPal Says

  

  PayPal Holdings Inc. has made another move in its efforts to leverage its Xoom cross-border payments platform for its stablecoin, PYUSD. The payments giant early Tuesday said Xoom users will be able to use PYUSD to settle money transfers they make through the service. The news comes just seven months …
• 18 November

  Lightspeed Rolls Out a Kitchen Display System; Fortis Adds a Voice Ordering Platform

  

  Lightspeed Commerce Inc. has introduced a new kitchen display system it says will help restaurants address operational challenges, reduce operating costs, improve order accuracy, and enhance customer satisfaction. A key feature of the new kitchen display system (KDS), which can be integrated with Lightspeed’s  point-of-sale platform, is the ability to …
• 18 November

  Two San Antonio Venues Opt for Shift4 for Concession and Ticketing

  

  Shift4 Payments Inc.’s determined push into venue point-of-sale transactions got another win with the announcement the payment company’s products will be used at the Frost Bank Center and Toyota Field venues in San Antonio. The number of Shift4 devices to be used at both locations was not disclosed. The Frost …
• 18 November

  Priceline Picks Affirm and other Digital Transactions News briefs from 11/18/24

  

  Buy now, pay later processor Affirm Inc. said it is expanding its partnership with Priceline to include online travel agency Priceline’s business-to-business platform, Priceline Partner Solutions. Canada-based processor Nuvei Corp. announced it has completed the process of going private after five years as a public company. Neon Maple Purchaser Inc., a unit of Advent …
• 15 November

  Overhaul Your Payment Processing with Payarc’s PAYFAC Platform

  

  Empower Your Business with Seamless Transactions In today’s digital ecosystem, software companies have a wide range of options to create unique payment experience for consumers. Recently, payment facilitation has been an increasingly popular choice for business owners when it comes to accepting payments. Instead of each business needing to establish …
• 15 November

  Online Shoppers Love-Hate Relationship with Generative AI; Sift Releases New Fraud Benchmarking Metrics for E-Commerce

  

  Despite 71% of online shoppers being unaware they are interacting with generative artificial intelligence, about half say they see value in the technology when it comes to personalizing the online shopping experience and would be willing to share personal data to receive a more customized shopping experience, says a recent …
• 15 November

  Discover Grows Its International Presence Through a Pair-Up With Telered in Panama

  

  Discover Global Network continues to expand its international business through a deal with Panamanian payment processor Telered S.A. Telered manages the Sistema Clave, or Clave System, which Discover says is the largest interbank network of ATMs and points of sale in Panama. In business for more than 30 years, Clave’s …
• 15 November

  Celero Marks Another Acquisition and other Digital Transactions News briefs from 11/15/24

  

  Payments provider Celero Commerce acquired Precision Payments. Celero said its total annual North America card processing volume is expected to exceed $28 billion with the addition. Terms were not disclosed. NCR Atleos Corp. said it will provide its Cashzone Network ATMs in United Kingdom-based grocer Waitrose stores. Payhawk Ltd. announced an integration with Mastercard …