Saturday , November 23, 2024

Digital Transactions News staff

Eye on Digital Currencies and other Digital Transactions News briefs from 3/30/18

Processor Payment Data Systems Inc., which acquired the independent sales organization Singular Payments LLC in September, reported revenues of $5.62 million in 2017’s fourth quarter, up 94% from $2.89 million a year earlier. Revenues for all of 2017 totaled $14.6 million, up 21%. Full-year credit card transaction and dollar volume …

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JetPay Notes 2017 Revenues and other Digital Transactions News briefs from 3/29/18

JetPay Corp. reported a 15% year-over-year increase in fourth-quarter 2017 revenues to $19.9 million. The payment and payroll processor posted a net loss of $3.9 million, including $2.87 million in accretion of convertible preferred stock. Shift4 Payments said more of its payments services are available to users of ResortSuite, a …

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Braintree Extend Debuts and other Digital Transactions News briefs from 3/28/18

PayPal Holdings Inc.’s Braintree e-commerce processing unit launched Braintree Extend, a service offering that includes support for transaction services, rewards and loyalty, and contextual commerce. Brazil’s central bank this week announced a cap on debit card interchange of 0.80% of the transaction, while averaging no more than 0.50%, according to …

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Shopify Picks Google Cloud Services and other Digital Transactions News briefs from 3/26/18

E-commerce platform provider Shopify Inc. chose Google’s cloud services to help host its online stores, Bloomberg reported. Payments provider Net Element Inc. said Jonathan Fichman, a former Bank of America Merrill Lynch executive who currently is managing director of C-Anax Ventures & Advisory, joined its board of directors.

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Square’s Coffee Perk and other Digital Transactions News briefs from 3-23-18

Square Inc. is testing a program that gives consumers $1 off purchases at coffee shops when they pay with Square Cash, MarketWatch reported. Payout provider Hyperwallet announced that tilr, a recruiting platform, is using Hyperwallet for payouts to its clients. Candex, a business-services payments provider for purchases of under $100,000, …

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ACI’s UnionPay Deal and other Digital Transactions News briefs from 3-22-18

NCR Corp. announced that chairman and CEO Bill Nuti will step down for health reasons after its board of directors completes a search for his replacement “in the next couple of months.” Nuti then will serve as chairman emeritus and a consultant to the ATM and point-of-sale payment technology provider. …

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Boston’s New Fare System and other Digital Transactions News briefs from 3-21-18

The Electronic Transactions Association announced its inaugural group of “Forty Under 40” up-and-coming payments-industry leaders. Cubic Corp. said its Cubic Transportation Systems unit and John Laing, a builder of mass-transit infrastructure, came to terms with the Massachusetts Bay Transportation Authority to build and operate a new fare-payment system, including contactless bank card payments through …

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Macy’s New Self-Checkout Feature and other Digital Transactions News briefs from 3/20/18

Macy’s Inc. said it is launching a self-checkout feature in its mobile app that lets customers scan an item with their phone and pay with a registered card. So-called mobile-checkout stations validate purchases, take off security tags, and bag the goods. The launch follows a test at the chain’s Woodbridge, …

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SignUpGenius Enhances Payments Service and other Digital Transactions News briefs from 3/19/18

Only 8% of respondents in an HRC Retail Advisory survey said having the option to use a mobile payment in a store was important to them. The survey also found that 30% said being able to complete a transaction anywhere in the store was important. Event-organizing service SignUpGenius Inc. enhanced its …

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Vendor Eliminates Contactless Metal Card Issues and other Digital Transactions New briefs from 3/16/18

XCore Technologies, a component maker for card manufacturers, introduced a technology that it said eliminates issues when making a contactless payment using a metal card. TruRating Ltd., a technology company specializing in point-of-payment customer feedback services, announced it has joined the app marketplace of point-of-sale terminal maker Poynt. In an …

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