Sunday , September 29, 2024

Search Results for: pay by link

Chase Payments Extends Referral Plan and other Digital Transactions New briefs

• First Data Corp. expanded its deal with ShopKeep, a cloud-based point-of-sale provider, that makes ShopKeep’s POS software available through its distribution network. ShopKeep also will incorporate First Data’s payment processing and security tools. This includes the Clover Go software developer kit and enables ShopKeep software to operate on Clover hardware. • …

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A $233-Million Deal for TIO Networks Catapults PayPal Into a Race for Bill-Pay Volume

By John Stewart @DTPaymentNews PayPal Holdings Inc., which hasn’t been shy about laying out big money to enter new businesses, said on Tuesday it will shell out $233 million to buy TIO Networks Corp., a cloud-based processor that will deepen PayPal’s penetration of the bill-payment market. The acquisition is expected …

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Shopify Notes Merchant Apple Pay Use and other Digital Transactions News briefs

• E-commerce platform provider Shopify Inc. said it added 133,000 merchants in 2016, bringing the total to 377,500 by year’s end; gross merchandise volume hit $5.5 billion in the fourth quarter, up 94% from a year earlier. Shopify also says that since it launched Apple Pay for the Web, more than …

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iPayments Inks Company.com Deal and other Digital Transactions News briefs

• Merchant processor iPayment Inc. will offer business services to its client base from cloud-based provider Company.com under a new agreement between the companies. • Merchant processor Fidelity Payment Services has selected PAX Technology as its preferred provider of EMV terminals and PIN pads. • Virtual Piggy Inc. announced it is working with …

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PayPal Cooperating with Dept. of Justice Subpoena and other Digital Transactions News briefs

• PayPal Holdings Inc. reported in a filing that it has received subpoenas from the U.S. Department of Justice “seeking the production of certain information related to our historical anti-money laundering program.” PayPal said it is cooperating with the DoJ and cannot predict the outcome of the government’s investigation. • A point-of-sale software …

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A Payments-Industry Divide Opens in the Debate About Dumping the Durbin Amendment

By Jim Daly@DTPaymentNews For more than six years, most of the debate about the Dodd-Frank Act’s Durbin Amendment has been relatively straightforward. Merchants like Durbin because they pay less in debit card acceptance costs under the amendment’s interchange price cap affecting card issuers with more than $10 billion in assets. …

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BluePay Makes Portfolio Acquisition and other Digital Transactions News briefs

• Independent sales organization BluePay Processing LLC announced its purchase of the merchant-services portfolio of VersaPay Corp., a business-to-business payments provider. Terms were not disclosed. • Merchant processor Total Merchant Services introduced Groovv mPOS, a mobile point-of-sale device enabling EMV and NFC contactless payments, as well as online transactions. The device links to smart …

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How Many Consumers Used Amazon Payments in 2016? Thirty-Three Million, Amazon Says

By Kevin Woodward@DTPaymentNews One-third of the payments that consumers made using Pay with Amazon in 2016 were on a mobile device, e-commerce giant Amazon.com Inc. revealed Tuesday. Pay with Amazon enables consumers to use their Amazon wallets to pay for merchandise on other retailer’s Web sites. In a rare release …

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USAePay Debuts EMV Service and other Digital Transactions News briefs

• Payment gateway USAePay launched a browser-based EMV application the enables merchants to accept credit and debit chip card payments. • Pizza Inn has launched a rewards app offering points to customers who order through the company’s Web site. The app was developed by marketing-services firm Punchh. • Sweden-based e-commerce-payments provider Klarna said it is buying …

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How Deals Like MoneyGram Lend Impetus to Alipay’s Plans for the U.S. And the World

By John Stewart @DTPaymentNews Ever since Ant Financial Financial Services Group let it be known in October that it is working with key payments players like VeriFone Systems Inc. and First Data Corp. to bring its Alipay mobile-payments service to North America, the industry has wondered about the Chinese company’s …

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