Thursday , November 21, 2024

Search Results for: real-time payments

EVO Reverses 3Q Loss and other Digital Transactions News briefs from 11/5/20

EVO Payments Inc. reported third-quarter revenue of $117 million, a 4.4% decrease from $122.4 million in the same period a year ago. Its profit, however, of $5.8 million reversed a $1.8 million loss last year. In the quarter, EVO launched EVO Direct Deposit, a real-time settlement service for merchants.The Covid-19 pandemic made …

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Subscriptions, Online Services, PayPal, And Covid-19

The pandemic is changing payments, but it’s also reworking payments strategies. Here’s how the industry will have to react in the next few years. Covid-19 has dramatically transformed daily life in many ways all too familiar by this point. While we know that the pandemic will end, the timing is …

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Mastercard’s Top Brass Points to Signs of a Recovery But Warns of Recent Restrictions

As were all payments networks, Mastercard Inc. was hammered by the novel coronavirus pandemic, but its leaders Wednesday morning pointed to a tentative recovery. “Overall, we see signs of improvement, but we’re not out of the woods yet,” noted Ajay Banga, Mastercard’s outgoing chief executive, during a conference call with …

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USAT Completes EMV Advance and other Digital Transactions News briefs from 10/26/20

USA Technologies Inc., a payments-technology provider for the vending-machine business, announced it has completed the introduction of EMV and contactless EMV acceptance capability for its ePort G10-Chip reader line. The enhancement process was launched in February.The Western Union Co. said it now has added bank accounts, wallets, and cards to its …

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PayPal Dips into Crypto and other Digital Transactions News briefs from 10/21/20

PayPal Holdings Inc. announced a service that allows account holders to buy, hold, and sell cryptocurrency directly from their account. The company also said it will make cryptocurrency available as a funding source for purchases at the 26 million merchants worldwide that accept PayPal.Payments provider FIS Inc. said it added pharmacy chain Walgreens …

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Graylin’s and Wallner’s New Venture and other Digital Transactions News briefs from 10/20/20

Payments industry veterans Will Graylin and George Wallner launched a fundraising campaign on Indiegogo for OV Valet, their new company that wants to offer Superkey, a fob that uses near-field communication and magnetic secure transmission technology, to enable tap-and-pay payments.Payments-technology provider VoPay International Inc. said it is working with Visa Inc. to integrate the …

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COMMENTARY: Super Apps Are Coming. Don’t Get Left Behind

China has historically pioneered the evolution of money. From the ancient use of cowry shells as commodity money, the standardization of bronze coins around 1000 B.C., leather-made promissory notes during the Han dynasty, or the introduction of paper currency around the seventh century, China has shown the way. It should then come …

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MoneyGram Adds International Partners and other Digital Transactions News briefs from 10/16/20

MoneyGram International Inc. reached an agreement with Lulu Money in which consumers in Hong Kong can send or receive money at any Lulu Money location and also link to the MoneyGram network.In related news, MoneyGram and PayMaya, a payments provider in the Philippines, have agreed to launch a service that will allow …

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Fueled by Covid-19, Fiserv Says It Has Linked 200 Financial Institutions to Zelle in 2020

Fiserv Inc. has onboarded 200 banks and credit unions to the Zelle peer-to-peer payments network since the start of the year, doubling the number of financial institutions it has brought into the network since 2017. Of the 200 financial institutions, more than 80% have gone live since March, when the …

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Stripe Adds Customer Experience Integration And Provides a Buy Button for MailChimp

ActiveCampaign, a customer-experience automation provider, is teaming with Stripe Inc. and PayPal Holdings Inc. to integrate its software in the platforms of both payment providers. The integrations will enable merchants to connect their Stripe or PayPal accounts to ActiveCampaign through native integrations and use payer data to coordinate personalized customer …

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