Industry News

The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.

Jan 20, 2022

Nayax to Acquire On Track Innovations (OTI), a Provider of Smart Payment Solutions, for Approximately $4.5 Million in Cash

The acquisition will be completed in two phases. First, Nayax will lend OTI approximately $5.5 million to repay its outstanding debts.  > See Article

Jan 20, 2022

Drivers Purchase Over 1 Billion Dollars in Fuel with Pay with GasBuddy

This is a major milestone for the company, founded in 2000, having evolved from a gas price-tracking website to a major fuel savings platform with nearly 100 million downloads of its app--the most downloaded travel and navigation app in the country. > See Article

Jan 20, 2022

Mastercard Unveils Next-Generation Virtual Card Solution for Instant B2B Payments

Mastercard today announced the launch of Mastercard TrackTM Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.  > See Article

Jan 19, 2022

Boku Agrees to Sell Boku Identity to Twilio for up to $32.3 Million

Under the terms of the deal, $26.1 million is payable on completion and the balance of $6.2 million comprises amounts held back to cover indemnities. > See Article

Jan 19, 2022

Fintech Pioneer and Contactless Ordering System, Leslie, Announces U.S. Launch

The founders of this U.K. startup--which attracted investment from KKR Co-Founder, Henry Kravis; Zip Founder, Larry Diamond; and Middleby Corporation--has begun U.S. expansion just 12 weeks after launch. > See Article

Jan 19, 2022

Chase, Instacart and Mastercard Announce Partnership to Launch Credit Card

The first-ever Instacart credit card will offer accelerated points on Instacart purchases, among other perks and rewards .

> See Article

Jan 18, 2022

VizyPay Provides Customers a Free Pax SmartPOS Terminal with VizyPOS, an All-in-One Payment Processing App Preloaded

With access to Pax´s reliable terminal solutions and VizyPOS´s advanced capabilities, merchants are equipped to save money and streamline all sales aspects of their business, with just a few taps. > See Article

Jan 18, 2022

Square and Ally Team Up to Streamline Transactions and Delivery Opportunities for Businesses

Through this partnership, Ally and Square will offer restaurant, retail and ecommerce businesses a fully integrated suite of tools designed to maximize profits, reduce costs and streamline deliveries to loyal customers. > See Article

Jan 18, 2022

Text Request, Authvia Partner to Launch Payments by Text

The new text-to-pay feature, called Payments, enables businesses to request and collect secure payments through text message. > See Article

Jan 18, 2022

NMI Acquires Iris CRM, Expanding Deeper in the Commerce Value Chain

Together, the duo will provide added value for partners by bringing together easy sign-up and onboarding for merchants with the ability to quickly monetize payments. > See Article

Jan 18, 2022

Verifone and Affirm Partner to Provide More Flexible Omnichannel Payment Offerings

Merchants will be able to offer Affirm´s full range of payment options, including biweekly and monthly payments with as low as 0% APR. > See Article

Jan 18, 2022

Discover and Serbia´s DinaCard Establish Strategic Agreement to Increase Payment Acceptance

The agreement gives Discover, Diners Club International, Pulse and Network Alliance cardholders the ability to use their cards on the DinaCard payment network, which includes POS, ecommerce platforms and ATMs across Serbia. > See Article

Jan 18, 2022

GreenBox POS Opens New Bulk ACH Channel, Surpassing $50M in Monthly Merchant Volume

Utilizing its blockchain technology and smart contract technology, Gbox will be able to transfer funds electronically for ACH debit and ACH credit transactions. > See Article

Jan 17, 2022

Ford-Stripe Agreement to Accelerate Easy Payment Experiences for Customers, Dealers

Together, Stripe and Ford will grow the online payment infrastructure, serving customers and dealers in markets across North America and Europe.  > See Article

Jan 17, 2022

Ingenico Launches Self-Modular, the World´s First PCI-Certified Unattended Modular Configuration, Extending Its Portfolio to Cover All Verticals

This latest addition to the Ingenico Self Series portfolio of solutions means the range now comprehensively covers all verticals--such as vending, EV charging, transportation, parking and ticketing kiosks, for both indoor and outdoor use cases. > See Article

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