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- X, the social network formerly known as Twitter, announced in a Tuesday blog post it will launch peer-to-peer payments this year, “unlocking more user utility and new opportunities for commerce, and showcasing the power of living more of your life in one place.”
- Payments provider VizyPay announced it processed $1.8 billion in transaction volume in 2023, a number the 6-year-old company forecasts will rise to $2.25 billion this year. Revenue last year rose 18% to $21.5 million, as the company forecasts revenue of $26.5 million in 2024.
- Relay Payments, a specialist in payments for the trucking and logistics industries, said it is working with Maverik—Adventure’s First Stop, on a digital fuel purchasing service for fleet and commercial truck drivers. Maverik is a convenience-store chain with more than 380 locations in 12 western states.
- Payments platform Optty said it will offer pay-by-bank capability to its merchants through open-banking specialist Link Financial Services Inc., also known as Link Money.
- Payments-technology provider Payway said its processing services have been integrated with the Portico Virtual Terminal from Global Payments, an online service that lets businesses process manually keyed and card-not-present transactions.
- Payments-technology provider Bluefin announced it is offering a new service that includes token and encryption processing services for payments processors.
- Weave, a healthcare software specialist, has added ACH debit payments to its product suite, joining credit and debit card acceptance.
- VoPay, an embedded financial technology company, introduced VoPay Verify, an instant bank account verification service via microtransactions, in Canada and the United States.
- Financial software and technology provider Computer Services Inc. said it received an investment from private-equity firm TA Associates. Terms were not disclosed.
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