Having posted strong revenue growth in 2021, Payoneer Global Inc., a provider of online money transfer, digital payment services, and working capital to businesses, sees significant growth opportunities in such markets as Latin America, Asia, the Middle East, and Africa.  “These are regions that are in the early stages of …

Visa Inc. will decrease interchange rates by 10% for small businesses accepting consumer credit cards in April, according to a Reuters report. The reduced rates will apply to online and card-present transactions and only to merchants with $250,000 or less in Visa consumer credit volumes, Reuters attributed its information to an …

Delivery platform DoorDash Inc. said it has agreed to acquire Bbot, a provider of online and in-store ordering and payments technology for restaurants. Terms were not announced.A survey from PCI Pal of 1,100 Canadian consumers found that 85% said trust in an organization’s ability protect personal data and secure payment processes is of the …

This new payment technology is spreading fast, but a common set of specifications is urgently needed to ensure global compatibility. Walk down a street in China or India, and it becomes immediately apparent that quick-response (QR) codes are woven into the fabric of everyday life. Nothing demonstrates this more than …

Money-transfer powerhouse MoneyGram International Inc. will go private later this year in a deal announced Tuesday with private-equity firm Madison Dearborn Partners LLC. Valued at $11 per common-stock share, the deal also includes assumption of $799 million in debt.  Expected to close in the fourth quarter, the deal will see …

ACI Worldwide Inc. announced ACI PayAfter, a buy now, pay later service that provides merchants access to more than 70 BNPL providers via a single integration. “ACI PayAfter gives consumers one BNPL option—ACI PayAfter—displayed at checkout, one application form, and a single credit check, all while providing access to multiple financing …

GoDaddy Inc. said its newly formed GoDaddy Payments unit has sold more than 1,000 point-of-sale devices and taken in “tens of thousands” of applications for the service from customers of the firm’s Web services. GoDaddy in September released a countertop payment terminal and mobile card reader, following the launch of GoDaddy Payments in June. …

U.S. retail sales in January, excluding automobile-related spending, grew 7.2% year-over-year, with online sales increasing 10.4%, according to the Mastercard SpendingPulse report. Sales were propelled by such factors as accumulated savings and wage growth, the report says.Payments-processing giant Global Payments Inc. reported revenue of $2.19 billion on a GAAP basis for the fourth quarter, …

Nayax Ltd., a payments processor for vending machines, announced it has launched an EMV-compliant platform allowing multiple choices with a single transaction authorization.Hospitality-technology provider Bite Ninja said it has acquired Zenu, a provider of ordering and payment technology for restaurants. Terms were not announced.BlueOne Card Inc. said it is launching its BlueOne Card, …

Mastercard Inc. launched Mastercard Track Instant Pay, a platform enabling instant payment of supplier invoices via virtual card transactions supported by machine learning. The service is available in the United States now, with plans to expand globally.Nuvei Corp. has been approved by the New York State Gaming Commission to process payments for …