Wednesday , October 2, 2024

Search Results for: prepaid debit

Lightspeed Restaurant Tweaked And Other Digital Transactions News briefs from 10/3/22

Lightspeed Commerce announced it has added a data-analytics capability, Lightspeed Advanced Insights, to its Lightspeed Restaurant payments service.The French payments company Worldline announced it has closed on the sale of its Terminals, Solutions & Services unit to Apollo Funds. The 2.2-billion-euro deal, which includes the Ingenico line of point of sale devices, was announced in …

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Usio Forges Its Own Point-of-Sale Credit Service for Merchants

Usio Inc. is jumping into the point-of-sale credit arena with its own service, which enables businesses to offer instant credit to customers without the risk of consumer lending. Announced Tuesday, the service enables merchants to offer POS financing without integration issues or credit concerns, Usio says. “Any business that deals …

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COMMENTARY: Don’t Even Try to Enter iGaming Without a Digital Wallet Offering

The regulated online sports-betting and casino market in the United States has exploded in recent years following the Supreme Court’s repeal of the Professional and Amateur Sports Protection Act (PASPA) back in 2018. This repeal put the power to regulate single-event sports betting in state hands, with many subsequently passing …

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A Boom in Contactless Cards Helps Drive a Record Quarter for CPI Card Group

Increasing issuance of contactless cards, along with stronger demand from instant-issuance platforms, are generating tailwinds for at least one of the companies that produce payment cards. CPI Card Group Inc. early Monday cited these factors in reporting record sales for the June quarter, leading top executives at the Littleton, Colo.-based …

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Fiserv Brings Digital Checks to Businesses Through Its Carat Platform

While companies have been steadily moving towards digitalized payments, checks remain a large portion of the business-to-business payment ecosystem. To help accelerate the trend away from paper checks and toward digital payments, Fiserv Inc. announced a partnership Wednesday with Checkbook Inc., a push-payments processor, to enable its Carat operating system …

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BofA Card Volume up and other Digital Transactions News briefs from 6/7/22

Total credit and debit card dollar volume for Bank of America Corp. increased 9% in May year-over-year, with credit card volume up 16% and debit volume up 9%, the Bank of America Institute reported.A research report from Aite-Novarica finds what the report calls “excessively high rates” of identity theft, which the report says …

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Eye on AmEx: Reaching Fintechs Via i2c; Humanitarian Relief in Ukraine

In an effort to enable fintechs to leverage its brand, network capabilities, and cardholder perks in North America and other regions, American Express Co. on Friday announced it is expanding its working relationship with payment and banking solutions provider i2c Inc. The expanded agreement builds upon AmEx’s working relationship with …

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Is Covid-19 in the Rearview Mirror?

It may well be, but its effects are very much with us—and are lasting. Two years after it first struck, as the Covid-19 pandemic seemingly winds down, the payments industry is adapting to changes Covid coaxed into place that will stick around a lot longer than the virus that caused …

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Brink’s Cash Tool in Clover and other Digital Transactions News briefs from 3/23/22

The Brink’s Co. said its BLUbeem point-of-sale cash-management platform is now available through the Clover POS technology from Fiserv Inc.Paysign Inc., a provider of prepaid cards for the health-care industry, reported $8.8 million in fourth quarter 2021 revenue, a 21% increase year-over-year. Purchase volume in the quarter rose 13.2%. Cardholders totaled 4.3 million at …

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Online Interchange Rates To Increase and other Digital Transactions News briefs from 3/8/22

Visa Inc. and Mastercard Inc. will raise interchange rates for online merchants starting next month, while also lowering the rates for some small-merchant categories, according to a report in The Wall Street Journal. Mastercard’s fee changes alone will result in a net increase of about $330 million yearly, according to the Journal story, …

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Digital Transactions