The big online merchant processor Stripe Inc. on Thursday introduced Stripe Capital for its U.S. merchants, thus joining competitors such as Square Inc. and PayPal Holdings Inc. in providing financing for its merchants. “Stripe Capital makes it easy for Internet businesses to get the funds they need, when they need …
Read More »
Digital River Inc. said it made an e-commerce plugin for WordPress users available. Among its features, the plugin enables payment processing, PCI compliance, and fraud screening.Puerto Rico-based payment processor Evertec Inc. said it will donate $100,000 for disaster relief in the Bahamas, which have been racked by Hurricane Dorian.Compulocks Brands Inc. released a …
Read More »
U.S. merchants added 600,000 locations for EMV chip card acceptance in 2019’s first six months, and Visa issuers cranked out an additional 10 million EMV payment cards, according to new figures from Visa Inc. In its latest update on the U.S. conversion from magnetic-stripe payment cards to the EMV chip …
Read More »
Southwest Airlines will join the roster of merchants that accept Apple Pay, according to an announcement Wednesday from CellPoint Digital and UATP. UATP, the airline-owned payment network, and CellPoint Digital, a travel industry payments specialist, said Dallas-based Southwest will make Apple Pay available across all channels to buy tickets and …
Read More »
Payments provider NovoPayment said it is introducing instant-payment service Visa Direct for a range of payments, including person-to-person transfers and mass payouts. The move allows issuers, acquirers, and merchants to bring the services to market faster via application programming interfaces, the company said.EVO Payments Inc. said Aldelo, a point-of-sale software developer, selected …
Read More »
Small merchants are often seen as threatened by e-commerce giants like Amazon.com Inc. that can deliver products to consumers in some cases hours after the order is placed. But it turns out local businesses across the country still do big business on the eve of major occasions like Christmas and …
Read More »
The ATM made its U.S. debut 50 years ago, and a half-century later the future of cash and cash-dependent industries like ATMs is the subject of intense debate in industry forums and at city halls and state capitols. Chemical Bank, now part of JPMorgan Chase & Co., installed the first …
Read More »
Travel-payments and services specialist CellPoint Mobile changed its name to CellPoint Digital and created two omnichannel units. Velocity is the payment platform and Voyage manages promotions, sales, payments, and customer self-service across all digital channels.ICBA Bancard, a unit of the Independent Community Bankers of America, launched the ICBA Bancard Digital Payments Strategy …
Read More »
Shoppers around the world value privacy and security most when buying online, and are most likely to abandon a shopping cart simply because they’ve changed their mind about buying the product—not so much because of factors like long delivery times or non-acceptance of preferred payment methods. These are among the …
Read More »
The U.S. House of Representatives’ Task Force on Financial Technology will hold a hearing Sept. 26 on “The Future of Real-Time Payments.” The task force was created in May by U.S. Rep. Maxine Waters, D-Calif., chairwoman of the House Financial Services Committee.Housecall Pro, a software platform for home-service technicians, launched My …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
