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SignUpGenius Enhances Payments Service and other Digital Transactions News briefs from 3/19/18

  • Only 8% of respondents in an HRC Retail Advisory survey said having the option to use a mobile payment in a store was important to them. The survey also found that 30% said being able to complete a transaction anywhere in the store was important.
  • Event-organizing service SignUpGenius Inc. enhanced its payments services with flexible fees and other changes.
  • Forty-six percent of online merchants said offering instant financing would reduce cart abandonment, according to a survey from Klarna, a payments provider specializing in online retail financing.
  • Online financing specialist Affirm Inc. said it will work with merchants to make its service available in stores.
  • Payfone Inc., a digital-identity authentication service, launched the Instant Experiences for Retail platform that helps merchants verify identities of shoppers.
  • Greenlight Financial Technology Inc., developer of a debit card for children, teens, and college students, said it now has 100,000 customers.
  • MoneyGram International Inc. said fourth-quarter 2017 revenues declined 2% year-over-year (4% on a constant-currency basis) to $408.2 million. The wire-transfer provider posted an operating loss of $56.5 million.

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