Jan. 10, 2019

Square announced Wednesday the launch of a software development kit that allows merchants to process payments on Square inside their mobile app.

The San Francisco-based firm said the SDK will let developers write a few lines of code and add square to their iOS or Android apps, which are available in the U.S., U.K., Australia, Canada and Japan, according to a press release. The SDK is also available on Flutter.

Square said the kit makes it the only platform with first-party products that provide for in-person, web and mobile app transactions

"With the introduction of in-app mobile payments to the Square platform, developers now have a complete, omnichannel payments solution for all their payments needs," Carl Perry, developer lead at Square, said in the release.

Buyers can use credit or debit cards for purchases or use digital wallets like Apple Pay and Google Pay, according to Square.

Among the companies that beta-tested the SDK was PepperHQ, which creates merchant branded mobile apps for hospitality companies and Brushfire, a ticketing and registration platform. Brushfire officials said the SDK increased conversion rates by 20 percent.

Topics: In-App Payments, Mobile Apps, Mobile Payments, POS, Retail

Companies: Square

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Jan. 10, 2019

GAN plc, a London-based developer of gaming software, has reached a five-year contract extension with FanDuel Group to expand its internet sports betting to Pennsylvania and West Virginia.

The agreement expands on its existing business with FanDuel to provide sports betting business in New Jersey and represents a material increase in the value of the deal in terms of revenue share, professional services and patent licensing fees, according to a press release.

FanDuel will license GAN's patented technology, which allows land-based casino patrons to link loyalty cards to internet gaming accounts and get loyalty points, according to the release. FanDuel operates one of the leading fantasy sports apps in the U.S.

"The contract extension, combined with U.S. Patent licensing, represents a significant milestone in GAN' U.S. evolution and reinforces our view that in the heavily regulated U.S. online gambling market, effective and compliant 'platforms' are a premium component of the supply chain rather than a commodity," said GAN CEO Dermot Smurfit. "GAN is therefore well placed to capitalize on the growth in U.S. online gambling markets in terms of new operator clients, new states and underlying growth momentum."

The agreement makes FanDuel the second Pennsylvania client for GAN, which already does business with the Greenwood Gaming & Entertainment Inc., which operates Parx Casino, in Bensalem, Penn. GAN entered a multi-year deal with to provide retail and online sports betting at the property.

Topics: Gaming, Loyalty Programs, Mobile Apps, Regulatory Issues

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Jan. 9, 2019

Payment processor Noventis Inc. is partnering with Nexus, a specialist in accounts payable automation, to expand virtual payment cards to suppliers serving the real estate industry, according to a press release.

Noventis' proprietary platform converts check payments into virtual credit card payments, thus allowing a firm to make payments to various suppliers which are normally not set up to receive these type of payments, according to the company.

Company officials explained that if a property manager received maintenance payments in a check form, the technology would allow the conversion of those payments into virtual card payments that can be quickly turned around to make payments to suppliers, like a contractor or utility company.

"So in other words, the property manager is able to convert property maintenance payments [including residential, office or retail] into virtual card payments for quicker payment to their suppliers," said Jennifer Coolidge, founder and president of Nexus, in an email.

Just last month, Nexus entered a strategic alliance with U.S. Bank to automate the accounts payable process for real estate firms.

Topics: Bill Payment, Mobile Payments, Software, Technology Providers

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Jan. 9, 2019

JP Morgan Chase has announced an agreement with chef Thomas Keller to offer unique dining experiences, preferred access and mobile reservations and prepayment at his signature restaurants, including The French Laundry and Per Se.

Chase Sapphire members will have unique access to the restaurants through the bank's Private Dining Series. Sapphire customers can use a mobile app to pay for the experiences using Ultimate Rewards or cash, according to a spokesperson. The experiences will be available in the coming months. 

Chase said its 60 million customers will also be able to to access the program, which includes the ability for Chase Pay customers to make reservations and prepay through Tock, the exclusive reservation booking provider for Chase Pay, The French Laundry and Per Se, according to a press release 

The collaboration will also include Keller's other restaurants, including The Surf Club in Surfside, Florida, La Calenda, in Yountville, Florida and TAK Room, which opens in New York this spring.

Topics: In-App Payments, Loyalty Programs, Mobile Banking, Restaurants

Companies: JP Morgan Chase Bank N.A.

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