Saturday , November 23, 2024

Worldline Revenue Drops and other Digital Transactions News briefs from 4/21/21

  • French processor Worldline S.A. reported its first-quarter merchant-services revenue dropped 8.7% year-over-year to 517 million euros ($621 million), while its terminals and software unit saw a 16.5% decline to 266 million euros ($320 million). Worldline acquired terminal maker Ingenico Group S.A. in October.
  • FIS Inc. said it has won a domestic acquiring license for its Worldpay payments-processing unit to operate in Malaysia. Meanwhile, FIS said it has begun domestic payment processing in South Africa and Nigeria through fintech Flutterwave Inc.
  • CPI Card Group Inc. said digital bank Unifimoney’s new Unifi Premier credit card will use CPI’s Second Wave technology, which uses recycled plastic waste as the material.
  • Parking-app provider PayByPhone Technologies Inc. launched its “Driven By You” promotion offering users a chance to win one of four $1,000 Visa gift cards for describing how they are improving the community around them.
  • Citigroup Inc. said business-to-consumer payments made with Mastercard Send are now available to its Treasury and Trade Solutions clients.
  • Rego Payment Architecture Inc. launched MazoolaPay, software that allows merchants to sell to children online or in-store while complying with privacy and consent regulations.
  • Payments provider Comdata Inc. launched Fintwist OnDemand, a real-time payout service for earned wages.
  • Payments provider Spreedly said it had 172 million revenue transactions on its payments orchestration platform in the first quarter, a 100% growth compared to the same quarter in 2020.

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