Friday , November 15, 2024

Search Results for: digital payments

Paysafe Extends Its North American iGaming Reach Through a Deal With Strive Gaming

Paysafe Ltd. continues to immerse itself in the online-gaming industry, announcing Monday a partnership with Strive Gaming, a player-account management platform designed to meet multi-state iGaming requirements in North America. With an integration of Paysafe’s payments technology into Strive Gaming’s PAM platform, Strive’s clients will enable gamers to deposit funds into …

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Stabilization May Be Acquiring’s Keyword in 2022

As the U.S. economy moves farther from the worst of the Covid pandemic, credit and debit card spending may be stabilizing, according to new data from The Strawhecker Group, a payments advisory and research firm. Released as part of the AIM Headline Report series, the Growth & Inflation Analysis 2022 …

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Square Unveils New Developer Tools Aimed at Enhancing Checkout and Reducing Friction

Aiming to help developers address friction at checkout, Block Inc.’s Square unit late Thursday announced several new tools for its Square payments platform. The announcement was made at Square Unboxed, Block’s annual developer and partner conference. The centerpiece of the new tools is Cash App Pay for Developers, which enables …

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Google’s New Wallet Digitizes Payment Cards Plus Drivers’ Licenses And Other Credentials

In a nod to consumers’ preference to have all the contents of a physical wallet digitized—including driver’s licenses and vaccine cards, in addition to payment cards—Alphabet Inc.’s Google subsidiary has introduced a new Google Wallet. The new wallet, which Google plans to make available in more than 40 countries, is …

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Eye on BNPL: Klarna Debuts a Virtual Shopping Service; Splitit Joins the Visa Ready Program

In the latest buy now, pay later updates, Klarna AB introduced Virtual Shopping, an online service that connects shoppers with in-store experts, and Splitit Payments Ltd. joined the Visa Ready for BNPL program. Stockholm-based Klarna says its Virtual Shopping service enables consumers to browse and buy online while connecting via live chats …

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Eye on Earnings: Paya Pursues Integrated Commerce; Paysafe Looks to Recover Momentum

Paya Holdings Inc., which has been acquisitive in recent years, isn’t done doing deals. Chief executive Jeff Hack won’t name names, but multiple acquisition targets have clearly been scoped out. “We’re busy doing due diligence on a variety of deals. We see attractive opportunities for inorganic growth. You should expect …

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Visa’s Expansion of Visa Ready for BNPL Reflects the Payment Method’s Growing Popularity

The white-hot buy now, pay later market got even hotter Tuesday as Visa Inc. announced an expansion of its Visa Ready program with Visa Ready for BNPL. More than 20 partners are now live on Visa Ready for BNPL, including ACI Worldwide Inc., CyberSource Corp., FIS Inc., Marqeta Inc., and …

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Paysafe Expands Its iGaming Footprint in The U.K. And Europe in a Deal With Playtech

Focused on iGaming as a growth strategy, Paysafe Ltd. announced Monday it is expanding its relationship with Playtech plc, a provider of gambling software, to the United Kingdom and Europe. The deal builds off the two companies’ existing relationship in United States. The deal will allow iGaming operators in the U.K. …

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Bigger Tickets, Savvier Consumers, Higher Losses: It’s All Part of BNPL 2.0, Some Say

At least some payments players appear to be preparing for an important new phase in the buy now, pay later business, with an opening salvo to include significantly larger loans and revised credit terms that make the advances appear more like traditional installment programs. The move comes as the short-term …

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A Pickup in Cash App Usage Helps Propel Block’s First-Quarter Results

Block Inc.’s Cash App unit perked up in the first quarter, as the company reported that usage and instant-deposit volume for the digital wallet both increased during the period. With Bitcoin activity excluded, revenue for Cash App in the quarter grew $203 million, a 38% jump, compared to the first …

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Digital Transactions