Thursday , September 19, 2024

Search Results for: digital payments

Installment Payments Arrive for Rent and other Digital Transactions News briefs from 8/24/21

Till Inc., a rental payment provider, announced four new features enabling tenants to pay rent. One, Budget and Save, enables tenants to allocate rent in smaller installments for their entire rent prior to the due date. Landlords still receive the full rent amount on the due date. Another feature, Rewards …

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Boku M-Payments Network Spans 90 Countries and other Digital Transactions News briefs from 8/19/21

Boku Inc. launched what it says is the world’s largest mobile-payments network. The M1ST Payments Network reaches 5.7 billion mobile-payment accounts in 90 countries and offers more than 330 payment methods, the company says.Global payments provider Adyen NV said Just Eat Takeaway.com, an online food-delivery marketplace, will issue its prefunded Takeaway Pay Card …

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eBay’s Payments Payoff and other Digital Transactions News briefs from 8/12/21

EBay Inc. reported some 80% of its on-platform payments volume was processed through its managed-payments service by the end of the second quarter. More than 13 million sellers globally were using the platform.Payment card manufacturer CPI Card Group Inc. said consumers’ shift to contactless cards, which command a higher price than ordinary plastic, helped drive …

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Global Payments Launches TSYS Partner Program and other Digital Transactions News briefs from 7/14/21

Payments provider Global Payments Inc. announced consulting firm PwC will be a charter member of Global’s TSYS Partner Program, an initiative aimed at developing business partnerships with companies globally.CloudPay Inc., a payroll-processing provider, launched CloudPay Now, a service allowing multinational companies to provide earned-wage access globally.InComm Payments will process prepaid card transactions online …

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ICBA Bancard Adds Real Time Payments and other Digital Transactions News briefs from 7/12/21

ICBA Bancard, the payment services subsidiary of the Independent Community Bankers of America, said it now offers real-time payments via Finzly, a fintech, and its connection to The Clearing House Payments Co. LLC’s Real Time Payments network.Mastercard Inc. and Major League Baseball announced a multiyear extension of their sponsorship deal. Mastercard …

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Slice Payments on the Menu for Pizzerias and other Digital Transactions News briefs from 6/28/21

Slice, which provides an ordering and payment app for independent pizzerias, added Slice Payments as an in-store payment platform. Slice Payments can be used with Slice Register, its point-of-sale service, or as a standalone option.Splitit Inc., a U.S. buy now, pay later provider, said it will integrate its installment-payment platform with tabby, …

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Atlantic-Pacific Processing Acquires Clique Payments and other Digital Transactions News briefs from 6/18/21

Atlantic-Pacific Processing Systems NV Corp. has acquired Clique Payments Inc., a provider of cloud-based software, for undisclosed terms. The deal will allow APPS to extend its integrations to include QuickBooks, FreshBooks, Xero, Sage, and other programs. The company supports more than 20 payment gateways.MoneyGram International Inc. said it has raised $97.6 million …

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Appetize Payments Served up and other Digital Transactions News briefs from 5/18/21

Appetize Technologies Inc., a provider of point-of-sale technology for the hospitality and entertainment industries, launched Appetize Payments, which combines payment processing with the company’s cloud-based software.Ally Lending, the personal-lending unit of Ally Bank, a subsidiary of Ally Financial Inc., said buy now, pay later provider Sezzle Inc. will offer Ally’s longer-term …

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Digital Currencies And the Future of Payments

Stablecoins in particular hold significant promise for such functions as cross-border payments. But banks will need to make important adjustments. Innovation in the payments space is occurring at an astonishing rate, with new technology capabilities enabling huge strides to be made in enhancing speed, transparency, and efficiency in transaction processing. …

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23.1 Billion ACH Payments in 2020 and other Digital Transactions News briefs from 3/31/21

The top 50 originating institutions for automated clearing house transactions accounted for 23.1 billion payments in 2020, up 8.6% over 2019 and nearly 93% of all commercial ACH payments, according to Nacha, the governing body for the ACH. The 50 largest receiving institutions controlled 61.2% of volume with 16.4 billion payments, …

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Digital Transactions