Marking its first full year as a public company, Paya Holdings Inc. cited organic growth, increasing ACH volume, partnerships, and mergers and acquisitions as key growth drivers. Atlanta-based Paya reported payment volume of $11.7 billion for the fourth quarter, up from $9.2 billion from the same period in 2020, a …
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2022 Inspire
Inspire attracts C-level and VP-level executives plus future leaders from VAR, software developer, hardware vendor, and IT distributor organizations who serve the retail, restaurant, grocery, and cannabis verticals. The past two Inspire events – 2019 in Sanibel, FL and 2020 in Nassau, Bahamas – attracted the most VAR leaders in …
Read More »Shift4 Denies EVO Rumors and other Digital Transactions News briefs from 11/18/21
Shift4 Payments Inc. denied what it called “media reports” that it is pursuing an acquisition of EVO Payments Inc. Shift4 is “focused on supporting … new growth verticals” instead, the company said.Microsoft Corp. is testing buy now, pay later capability in its Edge browser. In conjunction with Zip Co. Ltd., the BNPL service is at the …
Read More »FIS’s Top Brass Combats a ‘Bear Case’ As the Company Reports Strong Merchant Results
Top executives with FIS Inc. spent a good deal of time Thursday morning countering what they said is a “bear case” that has developed among at least some investors and observers of the company. “The bear case is that FIS is standing still and not able to compete. This is …
Read More »Consumers Intend to Embrace BNPL As Never Before This Holiday Shopping Season
Heading into the holiday shopping season, consumers are poised to make even more use of buy now, pay later options than in the past. Overall, 42% of consumers plan to use BNPL while holiday shopping, according to a survey by GoCardless, a provider of account-to-account payments. When Millennials were asked …
Read More »When ISOs and ISVs Converge
Perhaps the most significant fintech trend is the convergence of ISOs and software developers. Both have much to gain by adding the value provided by the other. Over the past decade, we’ve watched as the worlds of payments and software became intertwined. Recently the lines between both worlds have blurred …
Read More »Eye on BNPL: Bonsai, Afterpay Ease Shopping on Publisher Sites; Opy USA’s Pay by Text Service
Shop Bonsai Inc., which provides in-app checkout technology under the Bonsai moniker, said it and buy now, pay later specialist Afterpay are making it easier for consumers to shop on an online publisher’s site without leaving the site. Announced Wednesday, the arrangement enables Bonsai shoppers to potentially reduce the checkout …
Read More »SpotOn To Acquire Appetize and other Digital Transactions News briefs from 9/13/21
Commerce specialists SpotOn Transact LLC said it will acquire Appetize Technologies Inc., a point-of-sale technology provider for the hospitality and entertainment industries. Terms were not disclosed. SpotOn also said it raised $300 million in Series E funding, which it will use to help pay for the Appetize acquisition.Integrated-payments provider EngageSmart LLC announced an initial public …
Read More »Is It Surcharging’s Time?
Only two states now ban merchants from adding a charge for credit card usage. As it turns out, though, the strategy works better for some merchant categories than others. Down to just two states, bans on surcharging credit card transactions have eased. Does this herald further adoption? If so, how …
Read More »Paya Looks to M&A, ISVs, And ACH for Growth As It Reports a Strong First Quarter
Paya Holdings Inc. hasn’t let up on its search for growth via acquisitions as it plays to its strengths in integrated payments and automated clearing house processing. The Reston, Va.-based company reported early Friday a record-high $10.7 billion in payment volume for the first quarter, a number that doesn’t include …
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