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 Ripple Gets Singapore OK And Other Digital Transactions News briefs from 10/4/23

  • U.S.-based blockchain platform Ripple Labs Inc. said its unit in Singapore, Ripple Markets APAC Ltd, has received a Major Payments Institution license from Singapore’s Monetary Authority, enabling Ripple to go on providing regulated digital-payment token services in that country.
  • Online grocery-delivery service Instacart said it will now accept payments from users through Medicare Advantage and Medicaid. The move follows Instacart’s announcement in August that it will accept SNAP (Supplemental Nutrition Assistance Program) benefits for groceries in all states.
  • Payments provider Bluefin said it is working with Invenco by GVR, a technology provider for convenience stores, to offer fraud-prevention technology for petroleum forecourts in North America.
  • The Western Union Co. announced customers can use its international transfer service at no fee to send donations to a special fund set up by the government of Morocco for relief of earthquake victims in that country.
  • In related news, Western Union announced an agreement to enable remittances from stores in the Cencosud chain in Chile.
  • Transact Campus Inc., a specialist in college-related payments, said it has acquired Quickcharge, a dining platform for campuses. Terms were not announced.
  • Health-care payments specialist TrustCommerce announced an integration with health-care technology provider athenahealth that will include the ability to accept payments on the Verifone Engage line of payment terminals.
  • Squarespace, a provider of services for e-commerce entrepreneurs, announced it will launch later this year Squarespace Payments, a payments channel for clients selling on its platform.

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