Friday , November 15, 2024

Search Results for: digital payments

Shopify’s Black Friday Volume up 75% and other Digital Transactions News briefs from 11/30/20

Commerce platform Shopify Inc. reported $2.4 billion in global Black Friday sales, a 75% increase from 2019. Black Friday is the Friday following Thanksgiving. Mobile sales accounted for 68% of U.S. transactions and desktop, 32%. Top U.S. cities were New York, Los Angeles, and Vernon, Calif. The average ticket of $93.80 was …

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81% Have Used a One-Click Payment Method and other Digital Transactions News briefs from 11/25/20

Some 81% of U.S. consumers have used a one-click payment method while shopping online, with 37% using the method “frequently,” according to a survey earlier this month of 961 consumers by The Strawhecker Group and the Electronic Transactions Association.Switched dollar volume and switched transaction volume for Mastercard Inc. in the week ending Nov. 21 were both …

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PAI Adds Bitcoin Service to its ATMs and other Digital Transactions News briefs from 11/24/20

Payment Alliance International Inc. said its fleet of more than 95,000 ATMs will redeem Bitcoin for cash under an agreement with B4U Financial LLC, whose BitLoad4U technology will manage authorization, clearing, and settlement and allow redemption from any cryptocurrency mobile wallet.A Bitcoin variant called Bitcoin Latinum announced a pre-sale launch with availability on exchanges in …

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Western Union’s Real-Time Payments Service Reaches a100-Country Milestone

The Western Union Co.’s  real-time digital payout service for sending money real-time to bank accounts, digital wallets, and cards, is now available in 100 countries. The service, which was announced in September 2019 at Western Union’s investor day conference, leverages Western Union’s more than 40 banking and payment partnerships covering more than …

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Visa Commercial Pay Debuts and other Digital Transactions News briefs from 11/23/20

Visa Inc. has formed a partnership with virtual-payments technology provider Conferma Pay to launch Visa Commercial Pay, a venture in virtual commercial cards. Available globally, the suite will be available from Visa’s financial institution clients. Visa and Conferma Pay have a long-standing relationship. “Consumerization of [business-to-business] payments has significantly accelerated during …

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A Revamped Google Pay Seeks Wider Appeal by Pushing Beyond Payments

Alphabet Inc.’s Google unit on Wednesday announced a major overhaul of its 5-year-old Google Pay wallet to push beyond mobile payments and incorporate links and data Google says will generate daily usage. The move comes as major payment apps such as Apple Pay and Google Pay have sought to boost …

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InComm Brings Cashless Payments to Sports And Entertainment Venues Via Prepaid Cards

With the Covid-19 pandemic surging across most of the United States, sports and entertainment venue operators are looking for ways to convert cash transactions to cashless payments. In response, Atlanta-based InComm Payments on Wednesday announced the Jacksonville Jaguars organization of the National Football League is allowing consumers to exchange cash …

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CardFlight Adds 20,000 Merchants and other Digital Transactions News Briefs from 11/18/20

Point-of-sale technology provider CardFlight Inc. said more than 20,000 new merchants so far this year have installed the company’s SwipeSimple software, bringing the total to 70,000. The technology lets merchants accept mobile as well as in-store payments.Square Inc. released Square KDS, software that displays restaurant order tickets from various points of origin, including point of …

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Through Infinicept, Mastercard And MissionOG Bet on the Potential in Embedded Payments

Payments facilitator-services provider  Infinicept on Tuesday announced it has received a new round of funding from Mastercard Inc. and MissionOG, a venture-capital firm specializing in financial services and software and co-founded by former Mastercard president and chief executive Gene Lockhart. The new funding round, the amount of which was not disclosed, …

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USAT To Trade Again on Nasdaq and other Digital Transactions News briefs from 11/17/20

Unattended payments provider USA Technologies inc. said it received approval from The Nasdaq Stock Market LLC to relist its common stock, which it expects will happen Nov. 19 under the USAT ticker. The stock was delisted in early 2019 following an accounting probe.American Express Co. has slated its Small Business Saturday promotion for …

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Digital Transactions