September 25, 2024
Acquiring, Competitive Strategies, E-Commerce, Issuing/Originating, Mobile Commerce, Point-of-sale
Payments processor Nuvei Corp. launched a number of new services, including decoupled pay-ins and payouts, and split payments. Embedded-finance fintech Sunbit announced an integration with payments-technology platform Stripe. The move will bring Sunbit’s services to a wider array of in-person service businesses, the company says. Business-automation provider BlueBean Technologies Inc. said it has completed an integration …
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June 4, 2024
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Visa Inc. says the 10 billion tokens it’s issued since 2014 are just the tipping point, as it expects Visa’s tokenized transactions to grow exponentially over the next several years. Visa announced the 10-billion milestone Tuesday. As of April, 29% of all transactions processed by Visa used tokens. Tokenization uses …
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May 15, 2024
Acquiring, Credit Cards, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Point-of-sale, Transaction Processing
Flywire Corp., a specialist in payments for higher education, said it has widened the availability of its third-party invoicing platform, which lets third parties pay tuition and fees on behalf of students. Buy now, pay later provider Afterpay said Gen Z consumers—those born between 1997 and 2012—increased first-quarter 2024 spending at small …
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January 9, 2024
Acquiring, Competitive Strategies, Debit Cards, Digital Currency, E-Commerce, Point-of-sale, Real-time Payments, Transaction Processing
GoCardless said it will process open-banking payments made on JustGiving, an online donation platform, replacing American Express Co. FirstOntario Credit Union said it is preparing to launch open banking through connections to Everlink Payment Services Inc. and open-banking technology platform Flinks. The federal government in Canada said in November it planned to …
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October 1, 2023
Step one for Hyundai Pay, the in-car payment service debuting in the 2024 Kona crossover, is enabling payments for parking while sitting in the driver’s seat. Step two is broadening its capabilities and making it an integral part of the vehicle, says Olabisi Boyle, Hyundai Motor North America’s vice president …
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September 11, 2023
Competitive Strategies, E-Commerce, Featured, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Step one for Hyundai Pay, the in-car payment service debuting in the 2024 Kona crossover, is enabling payments for parking while sitting in the driver’s seat. Step two is broadening its capabilities and making it an integral part of the vehicle, Olabisi Boyle, Hyundai Motor North America vice president of …
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April 1, 2023
Mercedes-Benz’s new Mercedes pay+ in-car payment service is coming to five models manufactured by the German luxury-car maker. Though earlier efforts from a variety of car makers put in-car payments on the road, Mercedes-Benz is the first, with its Mercedes pay+ technology, to use Visa Inc.’s Delegated Authentication and Cloud …
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January 26, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Prepaid Cards, Transaction Processing
Mastercard Inc. has made some big news in recent months, but you wouldn’t know all of it from the company’s conference call early Thursday to discuss its fourth-quarter 2022 and full-year results. Mastercard celebrated recently concluded major deals that make the global payments company the exclusive provider of debit branding …
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November 8, 2021
Competitive Strategies, Credit Cards, Debit Cards, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce
Digital payments have been moving to the automobile dashboard for some time, and now the latest development is user authentication. Visa Inc. and the big automaker Daimler AG are planning to launch so-called native in-car payments starting next spring, according to an announcement early Monday. The new capability will replace …
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May 13, 2019
Competitive Strategies, Credit Cards, Debit Cards, Mobile Commerce, Mobile Wallets, Transaction Processing
A system that allows drivers to pay for gasoline at the pump using their E-ZPass toll tag took a step forward Monday with an announcement that P97 Networks Inc., a provider of in-vehicle payments services, will resell the PayByCar service from Verdeva Inc. Houston-based P97 says it has certified PayByCar …
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