The information you need to start your day, from PaymentsSource and around the Web:
Opening day
Concession vendors will use Square Terminal to take orders and accept payments throughout Nationals Park, supporting both Apple Pay and credit cards.
Government money
Insight Partners has invested more than $100 million in PayIt, a platform state and local governments use to accept payments from constituents.
PayIt uses a cloud to host processing technology for motor vehicle, taxes, utilities and other government collections. The company will use the funding to add to its geographic footprint.
In a release, Insight Partners noted PayIt's ability to bring consumer-level payment experiences to government transactions as a factor in its investment.
Merchant coin
U.K. fintech CoinAcquiring is adding accounts designed for merchants in an attempt to build support for cryptocurrency payments.
CoinAcquiring hopes to broaden the market by pairing payments with other financial services and merchant acquiring, such as corporate banking, SWIFT transfers and payment cards.
Another day...
Right on the heels of
Atom Movie Access will pair booking and payments with other services, such as reserving seats, pre-ordering concessions and mobile app check-in, reports
Atom Tickets will also manage customer service and fraud detection, addressing a problem that services such as
From the Web
Yahoo News | Fri March 29, 2019 - Stripe, the San Francisco-based payments platform owned by two Irish brothers, is set to expand its Dublin base significantly after it secured an e-money licence from the Irish Central Bank.
CCN | Thu March 28, 2019 - The crypto market technically remains neck-deep in a 15-month long bear market that began in January 2018, but, in recent months, with support from some of the largest financial institutions in the global market, the crypto industry has seen significant progress in areas including institutionalization, regulation, and adoption.
Cryptonews | Thu March 28, 2019 - Japanese commuters could soon be able to pay for their journeys in a range of cryptocurrencies and stablecoins. Cloud and internet service provider IIJ has unveiled plans to work with the East Japan Railway Company (JR East) on a project that will allow travelers to pay for train tickets or at station shops and kiosks using cryptocurrencies,
More from PaymentsSource
The U.K. prepaid gift card market is experiencing strong growth among consumers who buy them as gifts and for self-use, as well as among businesses that purchase them for customer loyalty programs and as employee incentives.
Visa and Remitly have formed a partnership enabling U.S. consumers to send cross-border remittances in real time via Visa Direct, the card network’s debit push-payments service.
MoneyGram is investing more time and technology in helping law enforcement agencies spot the scammers moving money on its network.
Seeking a way to help its employed shoppers manage their money, the Instacart grocery payments and delivery service is partnering with e-commerce payments provider Stripe to offer an Instant Cashout option.
