Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais, president, Canada, at payment processor Payroc, said that expanding into Canadian markets can boost the growth of ISVs. There are more similarities than differences between the U.S. and Canada,...
Stablecoins and blockchain grab their fair share of separate headlines. But brought together, they can help usher in a new paradigm for global payments. Circle CEO Jeremy Allaire told Karen Webster that programmable money — money as data, if you will — working in tandem...
Digital payment software firm ACI Worldwide is partnering with InComm Payments to help consumers pay bills — from utility, cable and insurance to higher education and more — with cash. Using Speedpay, an ACI product, and InComm Payments’ VanillaDirect Pay, consumers can get a barcode...
Paysafe and RentMoola have expanded their partnership to offer Paysafecash™ eCash as an alternative payment method on the online rent payment platform for tenants in the U.S. who prefer to pay with cash. After selecting the Paysafecash™ payment option, renters will receive a barcode that...
It was the best of times. It was the worst of times. Or vice versa. Either way, it was the 2020 winter gifting season, more closely watched and commented upon than perhaps any before. PYMNTS’ Holiday Shopping Retrospective Report: Merchant Insights for 2021 and Beyond,...
Klarna is expected to announce new funding in the coming days that will value the company at $31 billion, Bloomberg reported. The amount is around three times more than what the company was valued at after its last round in September. The new fundraise will...
Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and make payments. “Offering innovative, convenient and secure ways for people to pay is what we all strive for at Mastercard,...
Global card issuing platform Marqeta is growing its business to include consumer credit cards, the company said in a press release on Thursday (Feb. 18). The decision comes on the heels of Marqeta’s confidential filing for an initial public offering (IPO). Marqeta is working with...
No executive worth his or her salt would turn down participating in a trillion-dollar market. But what about $8 trillion? According to the Federal Reserve, the total amount of U.S. payroll in 2019 (the most recent year available) was $8.7 trillion. And although payroll hasn’t...
