Digital Transactions Authoritative, insightful and timely information for payments professionals

Payments-technology provider eProcessing Network LLC introduced its Premier Verify SCN, an EMV-certified card reader that supports contactless payments, including Google Pay and Apple Pay. Aimed at small and mid-size merchants, the device is said to cut transaction times by 50%. Software provider Patientco launched two health-care payment applications for Epic …

(Editor’s Note: Part I of this two-part article appeared on Friday.) How can we in the payments business best mirror our services to fit the changing needs of a growing, global consumer base? One way is to focus on the consumer throughout the entire payment process. Almost 50% of consumers …

Visa Inc. released data indicating 51% of all purchases across nine stadiums in France hosting the group stage of the FIFA Women’s World Cup France 2019 were done with contactless cards or devices, including wearables and smart phones. The group stage of the soccer tournament ran from June 7 to …

The payments landscape looks far different than it did even five years ago, and it will likely undergo even more rapid changes in the next five. We are moving further into the digital age, where a large portion of consumers include Gen Z, or those born after 1996. This group …

Stocks of publicly traded payments companies returned to positive territory in June to beat the major market indexes once again after going negative in May. Payments firms also exceeded the market in the year’s second quarter and first half, according to an analysis released Wednesday. A basket of 29 payment …

Online and point-of-sale payments provider Adyen added Interac Debit on Mobile as a payment method for Canadian merchants. The method allows merchants to accept payments through Canada’s national Interac debit network via Apple Pay or Google Pay. Adyen added that it has expanded its agreement with on-demand delivery service foodora …

Some 33 consumer and public-policy groups sent a letter Tuesday to five Congressional committees and federal regulators asking for a moratorium on the Facebook Inc.-backed Libra cryptocurrency. “We call on Congress and regulators to impose a moratorium on Facebook’s Libra and related plans until the profound questions raised by the …

PayPal Holdings Inc. added Instant Transfer capability for individuals and small businesses in Canada. The move relies on Visa Direct, a real-time push-payments service. Announced Tuesday, the service can move money from a PayPal account to a bank account via a Visa debit card. All transfers are subject to a …

Point-of-sale middleware vendor Datacap Systems Inc. announced it has acquired the NETePay Hosted payment gateway from Octopi (formerly Monetary.co). Terms were not released. NCR Corp. acquired privately held D3 Technology Inc., a provider of online and mobile-banking applications for large financial institutions. Terms of the deal were not disclosed. A …

Convenience-store operator Cumberland Farms released a new mobile-payment app with two payment options. In addition to linking to a checking account to pay for fuel at the pump, the SmartPay function within the app also enables consumers to link to a Netspend prepaid account or use a credit or debit …

Fiserv Inc. on Monday announced a feature that lets consumers upload bills to a mobile wallet via a quick-response code, pay the bill, and have the bill automatically update with each new cycle. The move comes as billers seek ways to leverage rising mobile usage to digitize bills and hike …

The proposed acquisition of Worldpay Inc. by Fidelity National Information Services Inc. (FIS) is about to clear another hurdle, according to Reuters. The news service is reporting that European Union antitrust regulators are poised to approve the deal without conditions. EVO Payments Inc. said its payments services are integrated into …

For years, business-to-business (B2B) e-commerce has been the distant cousin of business-to-consumer (B2C) e-commerce—less understood and appreciated, asked to wait in the other room while consumer-facing businesses from Amazon to Warby Parker soaked up all the adulation. But as B2C e-commerce and its supporting ecosystem matures, the potential for B2B …

Visa Inc. on Friday announced it will buy Verifi Inc., a 14-year-old, Los Angeles-based provider of tools that allow merchants, acquirers, and issuers to resolve chargebacks. Visa, which did not announce terms for the deal, said it will integrate Verifi’s technology with risk-management capabilities from CyberSource and CardinalCommerce, companies the …

After about two months of not accepting mobile wallets, J.C. Penney Co. Inc. this month quietly resumed accepting them, apparently by firing up its old contactless-payment acceptance system. The Plano, Texas-based department-store chain with about 860 locations had turned off its contactless system that used an older technology known as …

Digital-marketing specialist Punchh launched a product that uses machine learning to allow physical retailers to calculate the lifetime purchases of individual customers and craft marketing plans accordingly. Standards body EMVCo said it will have an educational session about the new Secure Remote Commerce specification for online payments at a U.S. …

  by Computer Services, Inc. (CSI) Organizations across regulated industries are obligated to screen transactions and customers against sanctions lists, PEP lists and negative news lists in order to identify high-risk customers and transactions, and to avoid transacting with sanctioned countries, individuals and entities. And doing so is a required …

In a decision that could have far-reaching implications for the merchant-acquiring industry, a U.S. District Court judge has ordered independent sales organization Electronic Merchant Systems to pay more than $5.4 million in breach-of-contract damages to a sales agent. The decision arises from a dispute over residuals and the interpretation of …

Visa Inc. said on Thursday it is getting into the point-of-sale installment-payment business weeks after rival Mastercard Inc. announced it bought Austin, Texas-based POS credit fintech Vyze Inc. The move also comes as volumes are growing for the product, driven in part by offerings from non-banks like Affirm Inc. and …

Paysafe Group said its Rapid Transfer online-banking payments service available in 18 European countries will be coming to the U.S. through a new partnership with Skrill USA Inc. With Rapid Transfer, consumers can make ACH or wire-transfer payments at Skrill-accepting merchants without leaving the merchant’s Web site. Via Transportation Inc., …