Friday , November 15, 2024

Search Results for: digital payments

However It Will Work, the Common Buy Button Isn’t Going to Appear Any Time Soon

With each week that passes, the so-called unified buy button concept introduced by the major card networks last month takes on more definition, but despite all the discussion, the idea of an online checkout shared by multiple payment networks remains too vague—and too futuristic—to suit some expert observers. “I keep …

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Payment Processor Spindle Cancels an Acquisition, But Rents the Target Company’s CEO

The struggling merchant processor Spindle Inc. canceled its planned acquisition of independent sales organization and gateway provider VyaPay, but reported Wednesday that it plans to form a so-called strategic alliance with VyaPay, and VyaPay’s chief executive will provide day-to-day management of Spindle. Mesa, Ariz.-based Spindle, whose shares trade over the …

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Eye on Transit: How Payment Convenience Could Boost Ridership; DART Updates Mobile App

It’s easy to see how convenience in the form of longer service hours and lower fares might increase ridership on public transportation systems, but new survey results show that mobile apps that combine various transit options, including payments, could also boost ridership. London-based mass-transit software developer Masabi Ltd. recently released results …

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Ticketing App Atom Tickets Adds Landmark Theatres to a Stable of Major Movie Chains

The movie-ticketing app Atom Tickets has struck a deal with Landmark Theatres, said to be the country’s largest exhibitor of independent films, to add the company’s 53 theaters and 255 screens in 27 markets across the country. The deal will boost Atom Tickets’ coverage that includes more than 20,000 screens …

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Payroll Firm ADP Adds Multiple Payment Options in its Wisely Pay Service

Payroll giant ADP LLC launched its Wisely Pay service Monday, which combines digital accounts and a Visa-branded chip card as ways to pay individuals and for them to access these funds. Wisely Pay is the first product resulting from Roseland, N.J.-based ADP’s October 2017 acquisition of Global Cash Card, a …

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Now That Real-Time Is on the Horizon, Fee-Weary Merchants Look for Card Displacement

Financial institutions have been pushing real-time payments because they are supposed to be not only faster but also more cost-efficient. But now results of a global survey released Monday indicate merchants not only expect faster payments to be less expensive to accept, but also to displace the payment cards banks …

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How Apple’s Goldman Gambit Could Help Lock in Banks Supporting Apple Pay

Apple Inc.’s move to create a new Apple Pay credit card with Goldman Sachs Group Inc. may or may not help boost usage of the mobile-payments service, but one thing it is likely to do is cement Apple’s ties with the thousands of banks that support the service, observers say. …

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Cardlytics Prepares for a Potential Tripling of Its Active User Base by 2019’s End

Cardlytics Inc. is building its infrastructure to support as many as 200 million monthly active users of its merchant-funded rewards program by the end of 2019, more than three times the 60 million it currently has, company executives said Thursday. The big expansion comes as Cardlytics’ grows its business with …

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U.S. Worldpay Merchants Begin Migration to Vantiv Platform

Worldpay Inc. reported Thursday that the integration of its predecessor companies, U.S.-based Vantiv Inc. and United Kingdom-based Worldpay Group plc, continued apace in the first quarter, and that revenues on a combined basis grew 12% year-over-year. The 115,000 merchants served by pre-merger Worldpay’s Atlanta-based U.S. operation are moving to Vantiv’s …

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Eye on Financing: EVO’s Roadshow Starts; USAT Seeks $50 Million

Two payments companies are turning to the investment market to raise funds with public offerings. EVO Payments International says it began its roadshow to promote its initial public offering it announced in April. If successful, the IPO could generate anywhere from $186,666,662 to $213,333,328, based on a share value ranging from $14 …

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