Having completed its merger with a special purpose acquisition company, Payoneer Global Inc.’s common stock and warrants began trading Monday on the Nasdaq under the symbols PAYO and PAYOW, respectively. The shares were trading at $10.82 at mid-morning, slightly up from their opening price. “We are just scratching the surface …

Consumers’ use of digital channels to pay bills continues to rise even as the Covid-19 pandemic begins to ease, according to a study by ACI Worldwide Inc. In looking at how consumers’ use of digital channels, such as Web sites and mobile apps, has grown during the first half of …

Although the Covid-19 pandemic spurred many consumers to embrace digital payments, the need for cash acceptance— especially among merchants and lenders that service unbanked consumers—remains strong. To help fill that need, KyckGlobal Inc. on Tuesday announced a deal with Advanced Business Computers of America Inc. (ABCoA) to enable used-car dealers …

PayPal Holdings Inc. is raising its online merchant rates in the midst of a boom in e-commerce but also reducing some fees as it keeps a wary eye on rivals such as Square Inc. and Stripe Inc. The new rates, which PayPal announced Friday, cover a sweeping range of transaction …

AutoVitals Inc., a provider of auto-repair shop management software, announced Friday it is teaming with payments processor 360 Payments to provide independent auto-repair shops a range of payment options, including text-to-pay functionality. By adding 360 Payments to its platform, AutoVitals said it will round out its digital offering to provide …

For all the publicity cryptocurrencies generate, consumers and merchants are still left wondering when the digital money can be used as a medium of exchange rather than simply be seen as an investment asset.  The latest effort to answer that question comes from a 3-year-old, Romania-based company called ZoidPay, which …

With more and more hourly wage workers needing access to their earnings sooner than the typical two-week pay period, on-demand payment platform DailyPay is betting that offering real-time payments through The Clearing House Payments Co. will enable employers to give workers greater autonomy over managing their finances.  Providing daily access to …

A new resort will open in Las Vegas next week, and with it will come cashless wagering, the ability to place bets via a mobile phone. Resorts World Las Vegas says it will be the first casino in the city to offer cashless betting at both slot machines and table …

Shopify Inc. is making Shop Pay, its one-click checkout engine, available to all merchants selling on Facebook, Instagram, and Google, including those that don’t use the Shopify e-commerce platform to manage their online stores. It is the first time a Shopify product has been made available to non-Shopify merchants, the …

Visa Inc. is bringing a point-of-sale payment-acceptance application that uses commercially available consumer smart phones on tour to U.S. small businesses, it announced Wednesday. Using a smart phone from ZmBizi LLC loaded with the POS app, 50 small businesses in Washington, D.C., will be able to accept payments without having …