Friday , November 15, 2024

Search Results for: card data

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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As Users Seek More Choices, PayNearMe Adds PayPal And Venmo To Its Bill Pay Platform

Responding to demand from consumers and billers for digital bill-payment options, electronic billing and payment platform provider PayNearMe Inc. on Tuesday announced the addition of PayPal and Venmo to its payment options. A recent study by PayNearMe revealed that 43% of respondents rated the convenience of using PayPal to pay …

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MoneyGram Will Go Private in $1.8 Billion Deal With Private-Equity Player Madison Dearborn

Money-transfer powerhouse MoneyGram International Inc. will go private later this year in a deal announced Tuesday with private-equity firm Madison Dearborn Partners LLC. Valued at $11 per common-stock share, the deal also includes assumption of $799 million in debt.  Expected to close in the fourth quarter, the deal will see …

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ACI PayAfter BNPL Service Debuts and other Digital Transactions News briefs from 2/15/22

ACI Worldwide Inc. announced ACI PayAfter, a buy now, pay later service that provides merchants access to more than 70 BNPL providers via a single integration. “ACI PayAfter gives consumers one BNPL option—ACI PayAfter—displayed at checkout, one application form, and a single credit check, all while providing access to multiple financing …

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Paysafe Extends Its Reach in U.S. Sports Betting With Deals in Louisiana And Oregon

The major United Kingdom-based payments processor Paysafe Ltd. has extended its reach in the U.S. sports-betting market, announcing early Monday deals to support bettors’ deposits by credit or debit card in Louisiana and Oregon. Driving Paysafe’s latest gambit in mobile sports betting includes contracts with venue-operator Caesars Entertainment Inc. and betting …

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GoDaddy Payments Touts Early Growth and other Digital Transactions News briefs from 2/11/22

GoDaddy Inc. said its newly formed GoDaddy Payments unit has sold more than 1,000 point-of-sale devices and taken in “tens of thousands” of applications for the service from customers of the firm’s Web services. GoDaddy in September released a countertop payment terminal and mobile card reader, following the launch of GoDaddy Payments in June. …

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COMMENTARY: QR Codes for Payments Are Getting More Sophisticated

That visual, machine-interface technology we all know from the grocery store is experiencing a renaissance. The first item to be marked with a Universal Product Code or barcode tracks back more than forty years. But now the technology is brand new again, expanded in form to the quick-response (QR) code …

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Apple Targets the Terminal Market, But Terminal Execs And Rivals Are Far From Flustered

Apple Inc. rattled the payments industry on Tuesday with its announcement of technology that will let merchants accept card and Apple Pay transactions directly on an off-the-shelf iPhone with no attachments, but rivals say they’re taking the news in stride. “We’ll feel some impact, we’ll feel it a little bit, …

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An Acquisitive Fiserv Adds Finxact for Cloud-Based Digital Banking Services

Fiserv Inc. has been an acquisitive company since its merger in 2019 with First Data Corp., and on Tuesday its top management said its latest acquisition will accelerate the company’s penetration of the growing market for digital-banking services provided not locally but through a cloud configuration. The $650-million deal for …

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Independent ATM Deployers Expect to Benefit As Banks Pull Back on Off-Premise ATMs

As banks pull ATMs from underperforming off-premise locations, it is creating an opportunity for independent ATM deployers to fill the void, says a report for RBR, a London-based research and consulting firm. The trend, which is being driven in part by banks’ growing emphasis on providing cashless paymentsolutions to their …

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Digital Transactions