Friday , January 10, 2025

Competitive Strategies

A Health Care Payment Option Launches and other Digital Transactions News briefs

• Abilene Diagnostic Clinic has adopted the One Bill solution from health-care payments processor InstaMed, allowing patients to deal with a single statement embracing all ADC locations. • In related news, Change Healthcare, a specialist in analytics software, introduced Personalized Communications for its billing and payments solution. The new service is aimed at billing …

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TouchSuite Buys American Bankcard and other Digital Transactions News briefs

• TouchSuite, a merchant-services company operated by American Bankcard LLC, announced it purchased Merchant Bankcard Systems of America, which has approximately 1,000 merchants in its portfolio. Terms of the deal, which closed Feb. 7, were not disclosed. • Middleware provider Datacap Systems Inc. said it completed level 3 EMV certification with …

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Visa Takes Another Step Toward IoT Payments, With the Help of IBM’s Watson Platform

By John Stewart @DTPaymentNews A year ago, Visa Inc. expanded its Visa Ready program beyond mobile point-of-sale terminals to support tokenized payments on a wide variety of Internet-connected devices. On Thursday, the payments company took the next step in that plan, announcing a collaboration with IBM Corp. that will allow …

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Chase Payments Extends Referral Plan and other Digital Transactions New briefs

• First Data Corp. expanded its deal with ShopKeep, a cloud-based point-of-sale provider, that makes ShopKeep’s POS software available through its distribution network. ShopKeep also will incorporate First Data’s payment processing and security tools. This includes the Clover Go software developer kit and enables ShopKeep software to operate on Clover hardware. • …

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With Its New Line of ATMs, NCR Hopes To Attract ‘Digital Natives’

By Jim Daly@DTPaymentNews ATM manufacturer NCR Corp. on Tuesday unveiled its line of SelfServ 80 Series, machines NCR says are designed for “today’s mobile-first, omni-channel consumers.” The line currently has 4 models, and several large banks and mid-sized credit unions have already begun deploying them. “There are in the thousands …

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A $233-Million Deal for TIO Networks Catapults PayPal Into a Race for Bill-Pay Volume

By John Stewart @DTPaymentNews PayPal Holdings Inc., which hasn’t been shy about laying out big money to enter new businesses, said on Tuesday it will shell out $233 million to buy TIO Networks Corp., a cloud-based processor that will deepen PayPal’s penetration of the bill-payment market. The acquisition is expected …

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Cayan Debuts an Integrated POS Handheld Device for EMV, NFC, And PIN Transactions

By Kevin Woodward@DTPaymentNews Merchant-services provider Cayan released a semi-integrated mobile-payment device that accepts EMV chip card payments, the Boston-based company announced Tuesday. Dubbed Genius Handheld, the device enables clerks to accept multiple forms of payment while standing in a store aisle or at a popup location to shorten checkout queues. …

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Shopify Notes Merchant Apple Pay Use and other Digital Transactions News briefs

• E-commerce platform provider Shopify Inc. said it added 133,000 merchants in 2016, bringing the total to 377,500 by year’s end; gross merchandise volume hit $5.5 billion in the fourth quarter, up 94% from a year earlier. Shopify also says that since it launched Apple Pay for the Web, more than …

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Poor Service Cost Retailers $150 Billion Last Year. Could Mobile Tech Stem the Loss?

By John Stewart @DTPaymentNews Brick-and-mortar retailers are struggling to keep up with online stores, but they’d struggle far less if they could better deploy in-store technology, according to a report issued Tuesday. A big issue for shoppers is lackluster customer service, which last year cost retailers $150 billion in lost …

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After Absorbing Wincor Nixdorf, Diebold Looks to a More Diversified Future

Diebold Nixdorf, the ATM manufacturer formed last August when North Canton, Ohio-based Diebold Inc. bought Germany’s Wincor Nixdorf AG, on Tuesday reported results for its first full quarter as a combined company. The merged firm, double the size of the former Diebold Inc., is now looking to expand globally and …

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