February 13, 2020
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Marketing, Point-of-sale, Transaction Processing
E-commerce platform WooCommerce said it is offering CBD-selling merchants new services for monitoring security issues, printing shipping labels, and automatic tax calculation.Acadia POS and merchant-services provider GCG Consulting Inc. said they handled nearly 50,000 transactions on 77 PAX Technology point-of-sale devices at the recent Waste Management Phoenix Open.Business-payments firm Biller Genie said its clients are …
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June 28, 2024
Acquiring, Competitive Strategies, E-Commerce, Mobile Commerce, Transaction Processing
Tiptop Labs Inc., a payments-service provider, has launched a buy now, pay later program that allows consumers to trade in items for a credit toward a new purchase with select e-commerce merchants. The idea of applying trade-in value for a new purchase grew out of a trade-in-only app Tiptop launched …
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December 12, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Real-time Payments, Transaction Processing
Discover Financial Services said its board of directors has appointed Michael G. Rhodes chief executive and president. Rhodes, who will take office on or before March 6, succeeds interim CEO and president John Owen, who will continue as a Discover board member. Rhodes comes to Discover from TD Bank, where he was …
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November 17, 2023
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Transaction Processing
Checkout-technology provider Bold Commerce said it is working with Link Financial Technologies Inc. to enable Bold Commerce’s client merchants to lower acceptance costs via Link Financial’s open-banking capabilities. Payments provider Bankful said it has enabled an integration to e-commerce platform Woo (formerly WooCommerce) to widen the choice of payments for Bankful client merchants to …
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November 7, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Prepaid Cards, Transaction Processing
Card manufacturer CPI Card Group Inc. reported $105.9 million in third-quarter revenue, a 15% decrease from $124.6 million in the 2022 third quarter. It had a profit of $3.9 million, a 67.2% decrease from $11.9 million a year ago. Cautious consumer spending and a focus on managing inventory levels likely had an …
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September 20, 2023
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Real-time Payments, Transaction Processing
The payments platform FreedomPay said it is expanding its partnership with the processor Worldpay to cover more geographic markets globally. FIS Inc. in July agreed to sell a 55% interest in Worldpay to the private-equity firm GTCR in a deal expected to close in 2024’s first quarter. Buy now, pay later specialist Sezzle Inc. announced an …
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September 7, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Debit Cards, Digital Currency, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Though not as credit and debit card friendly as some industries, the legalized cannabis industry continues to create opportunities for payments companies. Among the latest developments are the release of POSaBIT Systems Corp.’s latest point-of-sale system and a new program from Organic Payment Gateways. Bellevue, Wash.-based POSaBIT says its POSaBIT …
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July 18, 2023
Acquiring, Competitive Strategies, E-Commerce, Electronic Bill Payment, Mobile Commerce, Point-of-sale, Transaction Processing
Payments provider Nuvei Corp. and open-banking specialist Plaid Inc. expanded their relationship to include new services, including bank-based payments for recurring payments and payouts, and new vertical markets, including utilities and business-to-business transfers. Synchrony said its Synchrony Pay Later service will be the exclusive buy now, pay later option at the At Home …
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February 1, 2023
Online sellers are starting to take a closer look at their checkouts. No wonder. The technology plays a key role in whether they can tap into the boom in e-commerce. Checkout is the point at which the consumer either completes her purchase or doesn’t. A checkout process that is slow …
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December 7, 2022
Digital Currency, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Point-of-sale, Real-time Payments, Transaction Processing
Jitters about the economy and the impact of the FTX implosion may have combined to clobber the cryptocurrency market, but new data shows that app downloads peaked as long as a year ago. In fact, downloads of crypto trading apps from the App Store, and Google Play, along with direct …
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