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Search Results for: digital payments

Dunkin’ Brands Broadens CardFree License and other Digital Transactions News briefs from 7/26/18

Dunkin’ Brands Group Inc. expanded its licensing agreement with CardFree Inc., the technology provider for the Dunkin’ Donuts mobile app. The deal includes a perpetual license to the CardFree software and greater control over the mobile-payments technology. Dunkin’ Brands also is licensed to use the technology for future services, including …

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An Integrated Payments Strategy Is Paying Off for TSYS

An integrated payments strategy appears to be paying off for processor Total System Services Inc. (TSYS). The Columbus, Ga.-based company says it signed 45 new integrated payments partners in the second quarter. “Coupled with a strong pipeline of software providers across a diverse set of verticals, we believe this high-growth …

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Drone Pay Makes an Appearance on the Payments Radar, but Can It Fly?

Payment processor Worldpay Inc. said Tuesday that it is testing what it calls Drone Pay, a payment system for drone-based package deliveries. “Worldpay’s Drone Pay proof of concept uses EMV contactless payment card technology to verify the identity of the recipient, ensuring a parcel is delivered to the right person …

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CardSavr Gets Voice Update and other Digital Transactions News briefs from 7/25/18

Switch Inc., whose CardSavr application programming interface allows cardholders to manage card-on-file transactions and updates, said it is merging its technology with voice technology to make it possible for consumers to inquire about and update payment data with merchants via voice command. Custom Business Solutions Inc., a reseller of the …

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Many Consumers Shun P2P Payments To Avoid Fees, Though Few Services Charge Them

The impending demise of Snap Inc.’s Snapcash service comes at a time when peer-to-peer payment services are growing rapidly, but many consumers still remain hesitant to use them. Some of these consumers are confused about pricing, new findings from Fiserv Inc. suggest. Fiserv, a Brookfield, Wis.-based financial-institution processor, on Monday …

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Carr’s Beyond Makes Acquisition and other Digital Transactions News briefs from 7/24/18

Beyond, the payments company started by Robert O. Carr in 2017, purchased Boosterville for an undisclosed amount. The company provides a service that connects nonprofit organizations with local merchants. Boosterville has been rebranded Chip-In. Visa Inc. and wire-transfer provider MoneyGram International Inc. said they teamed up to enable cross-border remittances using …

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CardFlight in Boomtown Distribution Deal and other Digital Transactions News briefs from 7/23/18

Payscout announced it purchased Paywire Inc. for an undisclosed amount. Payscout said it will expand Paywire’s education and health-care payments products to its merchants. Paywire’s tools consolidate payment software systems to reduce the scope of compliance and enhance security, Payscout said. Mobile point-of-sale specialist CardFlight Inc. lined up another distribution …

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Blockchain Startup MakeCents Tests a Payments Platform It Says Bypasses Networks

With hopes of providing merchants with a lower-cost network to make and accept electronic payments, startup MakeCents announced Friday a test of its blockchain-based platform. New York City-based MakeCents says its decentralized platform is designed to “disrupt the $420 trillion global payments infrastructure by leveraging its blockchain technology to connect …

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Washlava Expands and other Digital Transactions News briefs from 7/20/18

Washlava, a mobile-payments provider for laundromats, opened its second app-enabled laundromat, in New York City’s Queens borough. Washlava’s first such location opened in 2017 in Tampa, Fla. Payments provider Century Business Solutions announced an integration with Limo Anywhere, a point-of-sale software developer for the livery and limousine industry. Users of …

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Fattmerchant Secures $10.5 Million in Funding and other Digital Transactions News briefs

Sundance Payment Solutions launched this month, said president Eric Barth. The company works with independent sales agents to sell a suite of payment-processing services. Payments provider Fattmerchant announced it has closed on a $10.5 million Series C funding round led by Fulcrum Equity Partners. The funding will help launch new …

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Digital Transactions