- The payment platform Choice Inc. has acquired payments provider Direct Payment Consultant, which raises Choice to more than $ 3 billion in annual volume to more than 7,000 clients. In a separate transaction, Choice was acquired by Nexa Equity LLC, a private equity firm. The terms of the two transactions were not disclosed.
- A startup was called Circa, whose mobile technology allows tenants to pay rent on a flexible schedule while still paying in full, has raised $ 2 million from investors. Some $ 15 billion in rent is paid late each month, the company said.
- Cross River Bank it said it is partnering with Sardine, a fraud and compliance platform for digital wallets and neobanks, to offer Sardine users instant access to funds.
- Adyen NV processes payments for Amazon.com Inc. of the Amazon Japan unit following Amazon’s agreement with the Netherlands-based processor.
- Rewire, a cross-border platform aimed at migrant workers from Asia and Africa, said it is partnering with Paysafe Ltd. Paysafecash platform to allow users to deposit cash into online accounts, which can be used to fund purchases. The service was launched in the United Kingdom and will be released later in another 16 European countries.
- Payment technology provider Stripe Inc. launched its Stripe Partner Ecosystem, a network of payment companies recruited to support Stripe users. The program includes Accenture, Amazon Web Services, IBM, Merkle, MuleSoft, ServiceNow, Slalom, Snowflake, Mobiquityand the ad agency WPP.
- WEX, a payment provider for business-to-business transactions, has launched Flume, a digital wallet aimed at its say 30 million U.S. businesses that now rely on “slow, analog payment methods.” The initial market is businesses with less than $ 15 million in annual revenue.
- Payment platform NMI appointed Peter Galvin chief marketing officer. Galvin’s more than 20 years of experience includes stints at Entrust and Proofpoint.
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#Choice #acquired #ISO #Digital #Transactions #news #Digital #Transactions #Source Link #Choice acquired ISO and other Digital Transactions Brief news from 4/26/22 – Digital Transactions