XMoney Signs Visa as Partner and other Digital Transactions News briefs from 1/28/25
Digital Transactions News staff
January 28, 2025
ATMs, Credit Cards, Debit Cards, Issuing/Originating, Law and Regulation, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
- X, the social media platform formerly known as Twitter, appears to have signed a deal with Visa Inc. for the card brand to be a partner in XMoney Account, the platform’s possible payments service, reported CNBC.com.
- Fuel discount platform GasBuddy launched its Pay with GasBuddy+ card issued by Fifth Third Bank N.A. bearing the Mastercard Inc. brand. The debit card is linked to the cardholder’s bank account and payments are made with ACH debits. GasBuddy launched its Pay with GasBuddy service in 2017 that was tied to a private-label debit card connected to a consumer’s bank account. The Mastercard brand on the new card enables acceptance wherever Mastercard is accepted.
- U.S. consumers’ average credit card balance grew 2.9% in 2024, to $6,583, in line with inflation, indicating caution among cardholders, according to the December 2024 CreditGauge report from VantageScore, a credit-scoring company.
- Infineon Technologies AG’s Secora Pay Bio technology which enables payment cards to authenticate users via fingerprint recognition, has been certified by Visa Inc. The technology integrates a sensor from Fingerprint Cards AB.
- RentRedi, whose app handles property management and rent payments for landlords and tenants, said it is working with Utility Connect to ease move-in details for new renters.
- European financial services provider Mollie enabled Apple Inc.’s Tap to Pay on iPhone for its customers in Austria, Italy, and the United Kingdom, adding to three other European markets where it launched the service in November.
- Diebold Nixdorf will offer managed services to some 1,800 ATMs operated by Geldmaat in the Netherlands. Geldmaat, a joint venture of three Dutch banks, operates a network of almost 5,000 ATMs.
- Deluxe Corp. elected veteran banker Hugh S. “Beau” Cummins III to its board of directors. Cummins most recently was vice chair and chief operating officer at Truist Financial Corp.
- Former Global Payments Inc. chief executive Jeff Sloan has joined the board of directors at Guidewire, a provider of cloud technology for the insurance industry.
- The research firm TSG has recognized Worldpay, CSG Forte, Repay, JPMorgan Chase, and Elavon as 2025 top-performing gateways.
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