Sunday , November 24, 2024

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

Not So Fast, Visa: Cash is Still King, Says ATM Operators Trade Group

Visa Inc.’s “Cashless Challenge” campaign to promote electronic payments is not finding much support from the ATM industry, to put it mildly. Last week, Visa announced the campaign, which will award up to $500,000 to 50 eligible U.S. food-service owners who convert their point-of-sale systems to electronic payments only. Visa …

Read More »

Many Consumers Expect Advanced Biometrics in Payments’ Future: Survey

What’s the future of electronic payments? For many consumers, it’s one that incorporates biometrics for authentication and payments, finds a survey from Viewpost IP Holdings LLC, a business-to-business payments provider. In the survey of more than 1,000 U.S. consumers, Viewpost found that 50% believe fingerprint technology—already in use with many …

Read More »

With Transaction Time Critical, a Strawhecker Platform Monitors Gateway Performance

What’s the measure of a well-performing payment gateway? Time. Or, rather a lack of time. Gateways, which route online transactions to one of multiple payment processors, are judged on their speediness and reliability. That’s why The Strawhecker Group, an Omaha, Neb.-based payments consultancy, started its Gateway Enterprise Metrics platform. The …

Read More »

As July 4 Looms, Fireworks Stores Get Set for Hordes of Customers Armed With EMV Cards

As Independence Day nears with all its festivities, fireworks stores are preparing for their largest selling season of the year with EMV chip card acceptance. It evoked a sigh of relief from Bill Weimer, vice president and general counsel of Phantom Fireworks, when the company’s point-of-sale system achieved EMV compliance. …

Read More »

A Weekend Promotion Yields 30% of Transactions Made With Apple Pay at Square Sellers

Apple Inc.’s “Lose your wallet” Apple Pay promotion apparently paid off handsomely for Square Inc. The promotion, which ran June 23-25, saw 36 local merchants in two San Francisco neighborhoods offer discounts or free items with a purchase when consumers paid for the purchase with Apple Pay, the brand’s mobile-payment …

Read More »

NanoPay Debuts a Payment Service for Its Digital Currency, MintChip

Canadian merchants now have a self-service tool to accept digital cash in stores via the MintChip Retail Payment Platform announced Wednesday by nanoPay Corp. NanoPay purchased MintChip, a digital currency developed by the Royal Canadian Mint, in 2016. “Since acquiring MintChip from the Royal Canadian Mint, we have focused on enhancing …

Read More »

Punchh’s Loyalty Program, Coupled With Apple Pay, Comes to Three Eatery Chains

Apple Pay users visiting restaurants that are part of Punchh Inc.’s restaurant-loyalty service will be able to earn and redeem points when using the mobile-payment service, Punchh announced Thursday. Smashburger, Quiznos, and MOD Pizza will offer the Apple Pay/Punchh service later this year, Mountain View, Calif.-based Punchhsays. Apple Pay users …

Read More »
Digital Transactions