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Search Results for: pay by link

Zelle Gets Access to TCH’s Real Time Payments Network As an Integration Goes Live

Peer-to-peer transactions have taken off as a way to pay digitally during the pandemic, and now the biggest bank-owned P2P network is getting a big lift through its integration with the country’s most extensive real-time payments network. Early Warning Services LLC announced early Thursday payments on its fast-growing Zelle P2P payments …

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An Unenviable Ranking: Payments in Financial Services Draw the Highest Rate of Fraud Attacks

Payment transactions within the financial-services sector had the dubious distinction of having the highest rate of fraud attacks in the second half of 2020, according to latest Cybercrime Report from LexisNexis Risk Solutions. Alpharetta, Ga.-based LexisNexis Risk Solutions says payment transactions in financial services had an attack rate of 3.6% …

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Why NMI Has Scooped up Long-Time Gateway Provider USAePay

Payment platform provider NMI’s acquisition of gateway provider USAePay for an undisclosed sum is based on the rationale that it better positions NMI to meet merchants’ need for connected, multichannel payment technology, which has become especially valuable in the face of the pandemic. It also bolsters NMI’s economies of scale. …

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Eye on P2P Payments: MoneyGram’s Digital Business Grows 79% And Zelle Finds Another Bank Home

MoneyGram International Inc. reported its digital business generated $57.4 million in the fourth quarter, up 79% year-over-year. Real-time transfers via Visa Direct transactions grew 650%. Meanwhile, Rising Bank, a division of Midwest BankCentre, has added Zelle, a person-to-person payments service, to its product roster. Dallas-based MoneyGram said MoneyGram Online, its …

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PayPal Opens Its New Venmo Credit Card to Users Generally

PayPal Holdings Inc. on Tuesday threw the door wide open for applications for its new Venmo credit card. The Visa-branded card, which the company has had in the works since 2019 and began issuing to select users in October, includes a Quick Response code, a rewards structure, and, through the Venmo …

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Crypto on a Credit Card? BitPay Says Its Simplex Deal Makes it Easier And Cheaper

As part of its ongoing efforts to make purchasing cryptocurrency easier and attract new users, Atlanta-based blockchain-payment processor BitPay Inc. is teaming with Simplex Payment Services, a Vilnius, Lithuania-based financial institution, to enable European consumers to purchase cryptocurrency using a credit or debit card and incur no cardholder fees for 45 …

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Eye on POS: EVO Debuts SimpleTab for Hospitality And GiftLogic Pairs up With Paystri

EVO Payments Inc. says its new SimpleTab point-of-sale feature can reduce table-turnover time for hospitality merchants. Meanwhile GiftLogic says it has integrated Paystri, a payments-technology company, into its POS software. The SimpleTab payment feature from Atlanta-based EVO works with the Ingenico Move/5000 payment terminal and supports EMV, contactless, and swipe card …

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BitPay Moves to Boost Cryptocurrency’s Acceptance by Striking a Deal with Apple Pay

The push to increase the utility of cryptocurrency for purchases got a shot in the arm Friday as BitPay Inc., an Atlanta-based processor that offers crypto e-wallets, announced its prepaid Mastercard cardholders can add their card to the Apple Wallet and make purchases using Apple Pay. The BitPay Mastercard is …

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With Worldpay Firmly Onboard, FIS Sees Further M&A as ‘an Important Pillar’ in Its Strategy

Top management at FIS Inc. made it plain Tuesday morning that growth through further acquisitions is a key priority only about 18 months after the company completed its massive buyout of the merchant processor Worldpay. But while the Jacksonville, Fla.-based company still keeps its powder dry for M&A, executives on …

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With Google Cloud’s Technology, Global Payments Looks for a ‘Substantially’ Expanded Merchant Base

Global Payments Inc. will move its acquiring technology to Google Cloud and serve as a worldwide merchant acquirer for Google under a sweeping agreement announced Monday morning. The pact will also allow Global’s merchant clients to access a long list of Google Cloud services, ranging from payments to data and …

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Digital Transactions