Wednesday , November 13, 2024

Search Results for: high risk merchants

Lightspeed’s New Data Tool and other Digital Transactions News briefs from 8/14/24

Lightspeed Commerce, a specialist in hospitality payments, launched Retail Insights, a data service for merchants. Shift4 Payments Inc. announced it will process all ticket sales and foodservice payments at Gainbridge Fieldhouse in Indianapolis, the arena for the Indiana Pacers of the National Basketball Association. U.S.-based fintech software firm OMNIQ Corp. said …

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Lowthers Cites Steady Progress at Paysafe, But Says ‘We’re Not Done’

When Bruce Lowthers took over a struggling Paysafe Ltd. two years ago, he immediately plunged into what he noted then was a wide-ranging reclamation project. On Tuesday, he called out some progress but also offered a blunt update on his transformation efforts. “We have the right strategy and our execution …

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Tap-to-Pay And Value-Added Services Help Fuel Visa As It Pursues a New Interchange Settlement

Growth in contactless and peer-to-peer payments, e-commerce, and value-added services were among the highlights discussed with stock analysts late Tuesday during Visa Inc.’s third-quarter earnings call for the card company’s fiscal year 2024. Visa’s Tap-to-Pay contactless payments technology has penetrated multiple markets, accounting for 80% of all face-to-face Visa transactions …

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Why Dynamic Routing Has Become Essential for Online Retailing

Payment processing is vital to online retailers’ operations. A quick and easy checkout experience can be the difference between a completed sale and an abandoned shopping cart. That’s why, with its ability to optimize transaction paths in real time and provide a multitude of benefits, dynamic payment orchestration is critical …

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AmEx Outlines an Aggressive Plan for Expansion in Marketing

At more than $16 billion, revenue for American Express Co. hit an all-time high in the company’s June quarter, and now the travel-and-entertainment card giant is looking to ramp up marketing—radically. The company’s top brass said early Friday AmEx will pour $6 billion this year into selling consumers and businesses …

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Blue Payment Agency’s Shopify Workaround Using Authorize.net

Merchants selling weapons like knives and collectible swords often have difficulty peddling them online, but Blue Payment Agency Inc. has launched a service to help do that while getting access to Shopify Inc.’s e-commerce platform. Announced Tuesday, the service from Windham, Maine-based Blue Payment Agency enables knife-selling Shopify merchants to …

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The Lesson From eBay

If, as seems to be the case, the future belongs to e-commerce, does that mean the future also belongs to the corollary of e-commerce, digital-payment apps? We chewed on this question as we pondered the significance of eBay Inc.’s decision last month to ditch American Express, and then, just days …

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FedNow at Year One

As the Federal Reserve’s real-time payments network celebrates its first birthday, the payments industry takes stock of its impact on instant transfers. Launched with great fanfare in July 2023, the widely and long-anticipated FedNow has largely enjoyed a successful first year. One area where the network has excelled is in …

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WeGetFinancing Partners With SensePass, While Klarna Plus Notches 100,000 Users

WeGetFinancing has partnered with SensePass, a provider of alternative payment solutions, to provide a buy now, pay later solution for high-ticket items. WeGetFinancing is a BNPL gateway operated by Emerging Payments Technologies Inc. Merchants on the SensePass platform can now offer BNPL financing for purchases of up to $15,000, with …

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After Coming ‘a Really Long Way,’ Paze Signs Sellers As It Executes a Staged Rollout

Paze, the online checkout platform backed by some of the nation’s biggest banks, is barreling through a state-by-state rollout that could culminate in nationwide coverage by late summer or early fall, according to James Anderson, the platform’s general manager who has spearheaded the project since Early Warning Services LLC announced …

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Digital Transactions