Payments News

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Domains

Zelle® Announces $44 Billion Sent on 171 Million Transactions in Q2 2019

“Early Warning Services, LLC, the network operator behind Zelle®, today announced $44 billion was sent through the Zelle Network® on 171 million transactions during Q2 2019.  Year-over-year payment values increased by 56%, while transaction volume increased by 71%. Nearly 500 financial institutions are contracted to participate on the Zelle Network, including 179 that are online today and processing transactions. “More […]
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Domains

POSaBIT Launches Fully Compliant Mobile Payments Technology for Cannabis Industry

“POSaBIT , a leading financial technology company delivering unique blockchain-enabled payment processing and point of sale (POS) systems for cash-only businesses with a focus on the cannabis industry, announced the rollout of its fully compliant mobile payments system for dispensaries across states. POSaBIT’s new handheld device allows for compliant processing of mobile delivery that could […]
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Domains

Visa and J.P. Morgan Help Businesses Make Payments Faster With Billtrust’s Business Payments Network

“Visa and Billtrust today announced that J.P. Morgan will utilize Billtrust’s Business Payments Network (BPN) , streamlining the delivery of electronic B2B payments for J.P. Morgan Commercial Card clients. Participating clients will now be able to utilize BPN’s connected platform of suppliers to send and receive digital payments more efficiently and quickly.According to Levvel Research, […]
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Domains

Sionic Mobile To Offer No-App Mobile Pay at Gas Pumps

“Sionic Mobile is proud to announce it is making mobile payments at gas pumps possible without requiring a mobile app. Sionic Mobile, a leading provider of cloud-based connected commerce services, is integrating its secure, zero-friction ULink™ service with Gilbarco Veeder-Root’s Passport® Point-of-Sale solution at fuel dispensers. The integration of ULink into Passport enables fast and convenient […]
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Companies

ACI Worldwide’s Mobile Payments Technology Supports Pay-In-Aisle Launch of British Convenience Food Retailing Giant, Co-op

“ACI Worldwide , a leading global provider of real-time electronic payment and banking solutions , today announced that its mobile payments technology is an essential component of the Co-operative Group’s new Pay-in-Aisle App. The Co-operative Group (Co-op) is one of the UK’s largest convenience food retailers with more than 2,600 stores and fuel sites across […]
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Companies

American Express Expands Suite of Global Business Payment Capabilities Through Acquisition of Acompaytm

“American Express  today announced it signed an agreement to acquire acompaytm, a best-in-class, digital payment automation platform from ACOM Solutions, Inc. , that helps business customers make supplier payments easily and securely, manage business spend, and improve cash flow.“acompaytm will be the newest addition to a series of B2B payment collaborations, strengthening our accounts payable automation […]