Wednesday , November 27, 2024

Digital Transactions News staff

Survey Shows Many Web Merchants Are Passing up Global Sales

Even though transactions from outside North America account for anywhere from 10% to 20% of sales for Web sites that accept international business, only 59% of large and mid-sized online merchants take orders from international customers. That's the main conclusion of a recent e-commerce payment survey sponsored by CyberSource Corp., …

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First Data Certifies Slim CD Software for High-Speed Transactions

Slim CD Inc., a transaction-software company in Coral Springs, Fla., announced today its product has been certified by First Data Corp., allowing banks and independent sales organizations supported by FDC to offer merchants high-speed card transactions on personal computers through Slim CD's software. The company says its product can process …

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Canada’s Paystone Looks for a Payoff in ‘Compelling’ Content

While the burgeoning digital song market has focused attention on the potential for micropayments in the U.S., a Canadian processor has signed about 1,000 online merchants, the most recent of which is Puretracks, Canada's first and largest purveyor of digital songs. Vancouver-based Paystone Technologies Corp., which was founded in 2001, …

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E-Payments Help Push Fed Check Volume Down Nearly 6%

The volume of checks processed by the Federal Reserve dove nearly 6% in the first quarter, reflecting the impact of various electronic payment methods on the nation's usage of paper checks. According to the latest data released by the Fed, the number of checks it cleared in the first quarter …

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How TNS Plans to Use Synapse to Boost Its ‘Stickiness’

When TNS Inc. announced late last month that it had bought U.S. Wireless Data's Synapse processing gateway, it said it was planning to use the gateway's non-wireline transaction capability to help open high-potential markets like fast food (Digital Transactions News, May 27). But equally important to the company's strategy is …

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The First Parking Meters to Process Cards Online Go Live

The first U.S. parking meters equipped to process online authorizations for credit cards have gone live in Seattle. Moorestown, N.J.-based Parkeon Inc. has shipped the first 80 of its so-called pay-and-display parking terminals, which run wireless credit card transactions, for street parking in Seattle. Parkeon's contract calls for it to …

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UniRush Launches Bill Payment for its Growing Card Base

UniRush Financial Services, a unit of UniRush LLC, New York, today announced an agreement with Milwaukee-based processor Metavante Corp. that allows holders of its prepaid Rush Visa card to use cash accounts linked to the card to make electronic bill payments. The service went live Friday, UniRush says, and is …

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CyberSource: PIN-Less Online Debit Responds to Merchant Demands

CyberSource Corp. says it has introduced a so-called PIN-less debit card payment option for online transactions at the urging of merchants looking for ways to cut their transaction costs. The Mountain View, Calif.-based payments gateway for e-commerce merchants claims to be the only major vendor offering the service, which would …

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E*Trade Sells Its ATM Network to Cardtronics for $106 Million

E*Trade Financial Corp. today announced it agreed to sell its ATM network to Cardtronics Inc., an ATM deployer based in Houston, for $106 million in cash. E*Trade, a New York-based online banking and brokerage company, operates a network of 15,000 ATMs in an operating unit called E*Trade Access Inc. The …

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Brother Announces an Entry in the Wireless Transaction Game

Brother International Corp., Bridgewater, N.J., a maker of office equipment such as computer printers and fax machines, has announced it is marketing a wireless device for use by mobile merchants and salespeople looking to be able to process credit card transactions in the field. The device, a Samsung SPH-i700 Pocket …

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