Monday , December 2, 2024

Credit Cards

How Two New Collaborations Could Speed up the Move Toward Digital B2B Payments

Payments between businesses have long remained ensnarled in paper processes that consumer payments have largely left behind, but lately signs have emerged that technology is at work streamlining business-to-business transactions. On Monday, fleet-fueling and corporate-payments specialist WEX Inc. said it will work with American Express Co. to allow clients to …

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Cardtronics Lands RaceTrac ATM Placement and other Digital Transactions News briefs from 11/5/18

Cardtronics plc said it is the exclusive ATM provider to 121 RaceTrac convenience stores in the Dallas-Fort Worth area. The ATMs bear the Credit Union of Texas brand. Worldpay Inc. announced a multiyear agreement to be the exclusive provider to the National Association of Convenience Stores Payment Processing Program, which …

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Cardtronics Feels 7-Eleven Impact and other Digital Transactions News briefs from 11/2/18

ATM network owner Cardtronics plc reported revenues of $340.2 million for the third quarter, down 15% from $402 million a year earlier primarily because of the removal of its ATMs from its former largest retailer customer, 7-Eleven Inc., and currency effects. U.S. same-store withdrawal transactions rose 6%, driven by growth …

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Eye on the Checkout: Target Adds Mobile Checkout; Harry & David Updates Online Checkout

Target Corp. is adding mobile checkout to its stores in time for the holiday shopping season, the Minneapolis-based retailer announced Thursday. Target employees, equipped with handheld devices, can accept card payments anywhere in a store after scanning each product in a shopping cart. The service enables consumers to skip the …

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Paya Says Its Deal for Stewardship Technology Positions the Processor Squarely in a Growth Market

Left behind in the last decade’s rush to sign up merchants for electronic payments is the non-profit sector, made up chiefly of faith-based organizations that collect billions of dollars yearly in offerings and donations—most of it in cash and checks. Still, payments providers are starting to pay attention, and on …

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AmEx Announces Small Business Saturday Plans and other Digital Transactions News briefs from 11/1/18

By 2023, in-car commerce will total $265 billion annually on more than 8.2 billion transactions from 775 million consumer vehicles, according to projections from Juniper Research. American Express Co. announced a slate of programs for its ninth annual Small Business Saturday, set for Nov. 24. Mastercard Inc. said it will work with …

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Amazon Seeks Western Union E-commerce Aid and other Digital Transactions News briefs from 10/31/18

USA Technologies Inc., a vendor of payment-acceptance technology for self-serve machines, launched its ePort G9 in Canada. The device accepts contactless debit cards equipped with Interac Flash. The Western Union Co. said it has been asked by Amazon.com Inc. to develop a service that will allow overseas shoppers to pay …

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Eye on Restaurants: BAMS Caters to Full-Service Restaurants; CardFree Launches Pay-At-Table

Payments provider Bank of America Merchant Services announced it and talech, developer of a cloud-based point-of-sale system that uses Apple Inc. iPads, are going after full-service restaurant and bar owners. Announced Tuesday, the deal will see BAMS, which is a merchant-acquiring alliance between First Data Corp. and Bank of America …

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Mastercard CEO ‘Very, Very Optimistic’ About the Coming Common Buy Button for E-Commerce

Mastercard Inc. president and chief executive Ajay Banga says he’s “very, very optimistic” about the Secure Remote Commerce initiative to reduce clutter on online checkout pages. Banga’s comments came Tuesday morning as he reviewed Mastercard’s results for the third quarter, a period in which U.S. purchase volume rose 10.7% year-over-year …

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Fast-Growing Adyen Bolsters Its North American Market With a Move Into Canada

Adyen N.V. has had a busy year, and on Tuesday it made yet another significant move by announcing it is now doing business in Canada. The Dutch payments company, which already operates in the United States and Latin America as well as Europe and Asia, also announced four brands as …

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Digital Transactions