Vanco, a payments-technology provider to more than 3,000 schools, said it is expanding its partnership with Frontline Education, a developer of administrative software for educational institutions, to include Vanco’s RevTrak payments platform, which the company says eases school fees and other payments for families. Adyen NV will process transactions for Aghanim, …
Read More »Search Results for: cannabis
Flexa Components Debuts and other Digital Transactions News briefs from 8/16/24
Flexa, a digital-currency platform, has launched Flexa Components, a program aimed at easing wallet-based point-of-sale payments with cryptocurrencies. In related news, gift card platform Raise said it will accept cryptocurrency in its Raise App, used by 6 million consumers, according to the company. Payments-technology provider Sionic has launched a fraud-detection and mitigation service aimed …
Read More »Papaya’s Workforce Software and other Digital Transactions News briefs from 7/25/24
U.S.-based Papaya Global, which offers platforms for payroll and payments processing, said it will support payroll and other workforce software for Cegid, a Europe-based provider of cloud software for finance and human resources. American Express Co. announced updates to its U.S. Consumer Gold Card, including credits for spending at restaurants included in …
Read More »Sound Payments Makes Equinox Integration and other Digital Transactions News briefs from 7/23/24
Point-of-sale and payments software provider Sound Payments said it completed an integration with two Equinox Payments POS terminals in Sound’s Quantum Cloud platform. Blaze Solutions Inc., a provider of technology for cannabis sellers, has released new point-of-sale technology for that market, featuring a Web-based POS system and upgraded user interface. A startup …
Read More »Wirex’s Crypto Tie-in to Cards and other Digital Transactions News briefs from 7/15/24
The U.K.-based payments platform Wirex said it will work with Visa Inc. to integrate digital currencies with Visa cards in the U.K. and European Economic Area. As part of the collaboration, Wirex said it is launching Wirex Pay, a service aimed at easing use of both traditional money and cryptocurrency. Payment gateway Freedom …
Read More »Many Opt for Manual Bill Pay and other Digital Transactions News briefs from 5/30/24
Almost two-thirds of U.S. consumers prefer to pay bills manually rather than through automated services, according to a survey by payments platform MX Technologies Inc. The online research embraced 1,059 adults and was conducted during the first quarter. Embedded payments startup Forward closed a $16 million seed financing round led by Commerce Ventures, Elefund, …
Read More »Humbl Tickets for the Blackbears and other Digital Transactions News briefs from 5/29/24
Technology platform Humbl said it will develop a digital ticketing offering for the Oregon Blackbears, an indoor football team. Organic Payment Gateways said it has launched an Authorize.net gateway service for merchants selling cannabis seed, nutritional supplements, and cannabidiol, the active ingredient in cannabis. Authorize.net is owned by Visa Inc. ParTech Inc., which …
Read More »Square’s Restaurant Boosts and other Digital Transactions News briefs from 5/14/24
Block Inc.’s Square point-of-sale technology unit announced a slew of restaurant initiatives, including a link with distributor Performance Foodservice to market Square to 125,000 U.S. and Canada-based clients; integrations with dining-technology providers; links to restaurant associations in Illinois, California, and New York state; and a recommendation engine based on machine learning. Square …
Read More »Mastercard Revenue up 10% and other Digital Transactions News briefs from 5/1/24
Mastercard Inc. reported $6.3 billion in first-quarter revenue, a 10.5% increase from $5.7 billion in the 2023 first quarter. It posted a quarterly net income of $3 billion, up 25% from $2.4 billion a year prior. Executives noted strong consumer spending, cross-border payments volume growth, and new deals across its regions …
Read More »PayStand Acquires TeamPay and other Digital Transactions News briefs from 4/26/24
Paystand Inc., a business-to-business payments fintech, announced it has acquired Teampay, a developer of spend-management software. Terms were not announced. Treez Inc. released an e-commerce application for cannabis retailers using its Treez point of sale technology. The new service lets stores create an online storefront and accept payments. Payments platform RevoluGroup Canada Inc. said …
Read More »