Thursday , November 14, 2024

Search Results for: digital payments

Co-Op Rebrands as Co-Op Solutions and other Digital Transactions News briefs from 2/28/22

Co-op Financial Services, which operates a network of 30,000 ATMs for credit unions, has rebranded as Co-op Solutions.Processor Evertec Inc. announced an extension of agreements with Banco Popular de Puerto Rico, which includes a 10-year extension of a merchant acquiring independent sales organization agreement. Evertec also announced it was acquiring BBR SpA, a Chile-based …

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MoneyGram Posts $1.3 Billion in 2021 Revenue and other Digital Transactions News briefs from 2/25/22

MoneyGram International Inc., which is being acquired by private-equity player Madison Dearborn for $1.8 billion, said it had fourth quarter revenue of $324.6 million, a 0.4% increase from $323.3 million in the 2020 fourth quarter. Net income for last quarter of 2021 was $4.2 million, a 37% decrease from $7.3 million …

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Olo Pay Entices Restaurants With a Digital Ordering App That Stores Checkout Credentials

Olo Pay is a new digital ordering platform for restaurants that soon will enable consumers to order and pay with the same payment data at different establishments without having to create unique credentials for each one. Dubbed borderless payments, this element is part of the newly launched Olo Pay from …

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Tipalti Volume Tops $36 Billion and other Digital Transactions News briefs from 2/24/22

Business-to-business payments provider Tipalti Inc. reported “unprecedented” growth in payments volume in 2021, with volume growing more than 100% from 2020 to more than $36 billon. The company’s client base increased to more than 2,000, including GoDaddy, Roku, ZipRecruiter, and Amazon Twitch.Fintech Social Finance Inc. said its SoFi Technologies Inc. unit has launched SoFi …

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Consumers Say Friction Is a Leading Cause of Late Bill Payments, Especially Online

More than half of consumers in the United States have been late paying a bill in the past 12 months, even if they pay online, but not always for reasons associated with unemployment and financial hardships. For many consumers, late bill payments are a result of friction in the bill-payment …

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TreviPay To Acquire Baton Financial and other Digital Transactions News briefs from 2/23/22

Fintech TreviPay said it is acquiring Baton Financial Services Inc., which provides a business-to-business invoice payments network. Terms were not disclosed.Mobile wallet payment provider Citcon said its service is now integrated with Abacus Business Computer, a merchant services company serving restaurant and retail merchants.U.S.-based payments-technology provider ACI Worldwide Inc. announced South Africa’s Nedbank will move all …

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Klarna Expands Rewards Program and other Digital Transactions News briefs from 2/22/22

Buy now, pay later specialist Klarna AB said it is expanding the geographic reach of its rewards program and its Pay Now service. The rewards program will be available in nine countries, with Pay Now expanding to nine new countries beyond the current base in the U.S. and U.K., where the immediate-payment …

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ProducePay Debuts Quick-Pay+ and other Digital Transactions News briefs from 2/21/22

Agriculture marketplace ProducePay launched Quick-Pay+, which allows growers to receive the bulk of payments from buyers 24 hours after shipments are received.RevoluGroup Canada Inc., which offers the RevoluPay payments app, concluded an oversubscribed private placement of shares valued at $2.187 million Canadian ($1.7 million).A French fintech called Vagopass introduced a Web application that allows …

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Delta Adopts AmEx BNPL Service and other Digital Transactions News briefs from 2/18/22

American Express Co. said Delta Air Lines has adopted AmEx’s Plan It buy now, pay later service, allowing AmEx consumer card users to pay for Delta flights in equal monthly installments with a fixed fee. AmEx launched Plan It in 2017.Payments provider Blackhawk Network Holdings Inc. said it is working with retail-technology developer …

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How a Link to Discover And BIM’s New BuyPass App Ease ACH Payments for Merchants

Digital payments platform provider Buy It Mobility Networks Inc. is betting its new BuyPass application will further reduce the complexities around connecting to its platform for merchants that want to offer branded payment options that debit a consumer’s bank account. Launched Wednesday, the application drops a URL into a merchant’s …

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Digital Transactions