Wednesday , September 18, 2024

Digital Transactions News staff

Revel Releases Two Product Lines and other Digital Transactions News briefs from 2/5/19

Point-of-sale technology provider Revel Systems released two new product lines, Revel Enterprise, for multilocation businesses, and Revel Essentials, aimed at restaurants and businesses with 20 or fewer locations. Shift4 Payments renamed its payment-management platform Lighthouse Transaction Manager. Formerly Dollars on the Net, the service enables merchants to access transaction reporting, …

Read More »

USAT’s ePort Connect Coming to Air Vending Service and other Digital Transactions News briefs from 2/4/19

USA Technologies Inc. agreed to provide its ePort Connect contactless-payments technology for air-vending machines deployed by CSC ServiceWorks Inc., a supplier of commercial washers and dryers, with 1.4 million laundry machines in service. Upserv, a payments provider specializing in hospitality, adopted the TM-m30 receipt printer and TM-U220 kitchen printer from …

Read More »

Elavon Plans To Hire 500 More Employees and other Digital Transactions News briefs from 2/1/19

Elavon, the Atlanta-based merchant-acquiring subsidiary of U.S. Bancorp, says it plans to hire approximately 500 employees globally over the next three years. Elavon currently employs more than 730 people in Atlanta and more than 4,500 worldwide. BlockChyp Inc., a payment software and gateway provider, said it completed Level 3 certification …

Read More »

Lightspeed Debuts Lightspeed Payments and other Digital Transactions News briefs from 1/31/19

Point-of-sale system maker Lightspeed debuted Lightspeed Payments, a service for in-store and e-commerce payments. The service unifies a merchant’s card-present and card-not-present transaction data into one reporting location within the Lightspeed POS software. Regardless of the card type, merchants pay 2.6% plus 10 cents per card-present payment and 2.6% plus …

Read More »

Apple Pay Volume Exceeds 1.8 Billion and other Digital Transactions News briefs from 1/30/19

Apple Pay processed more than 1.8 billion transactions in fiscal 2019’s first quarter ended Dec. 31, “well over twice the volume” of the year-earlier quarter, Apple Inc. CEO Tim Cook told analysts late Tuesday, according to a SeekingAlpha.com call transcript. Apple Pay is now live in 27 countries, most recently …

Read More »

Only 14% Use Mobile Payments and other Digital Transactions News briefs from 1/29/19

Just 14% of U.S. smart-phone users are using mobile-payments services from smart-phone makers, such as Apple Pay from Apple Inc., according to a survey from Juniper Research, which says “the window of opportunity in the U.S. for mobile-payment providers like Apple Pay and Google Pay is closing fast.” The survey …

Read More »

Payment Data Systems Posts 2018 Results and other Digital Transactions News briefs from 1/28/19

Payment Data Systems Inc. said it processed $3.4 billion in volume in 2018, a 21% increase from 2017’s $2.8 billion. Risk-management firm Featurespace raised $32.3 million from a funding round led by Insight Venture Partners. Payments provider ACI Worldwide said it will process real-time payments for 17 banks in Hungary …

Read More »

Discover Reports 4Q Results and other Digital Transactions News briefs from 1/25/19

Discover Financial Services said its payments services operation, which includes network partners, Diners Club International, and the Pulse electronic-funds transfer network, processed $60.5 billion in total volume in the fourth quarter, a 12% increase year-over-year. Volume on Pulse jumped 11% to $47.1 billion owing to new issuers as well as …

Read More »

TNS Buys R2G Services and other Digital Transactions News briefs from 1/24/19

Data-communications provider Transaction Network Services acquired R2G Services, a Chicago-based provider of a market-data and managed-hosting platform; terms were not disclosed. Payment processor Repay Holdings LLC, which private-equity firm Corsair Capital acquired in 2016, said it has a definitive merger agreement with Thunder Bridge Acquisition Ltd., a special-purpose acquisition firm …

Read More »

Chase Adds Another Contactless Card and other Digital Transactions News briefs from 1/23/19

JPMorgan Chase & Co.’s Chase credit card unit and the Marriott International Inc. hotel chain introduced a contactless cobranded card, the Marriott Bonvoy Boundless card, to replace the Marriott Rewards Premier Plus card. American Express Co. announced the rebranding of its current portfolio of cards for customers of Marriott International Inc.’s …

Read More »
Digital Transactions