Friday , September 20, 2024

Debit Cards

Card Fees Increase 9.9% for C-Stores and other Digital Transactions News briefs from 4/3/19

Payment card fees paid by convenience stores last year rose 9.9% to $11.1 billion from $10.1 billion in 2017, NACS, formerly the National Association of Convenience Stores, says in its newly released State of the Industry report. The increase in card fees outpaced 2018’s 8.9% increase in total sales, to …

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Wells Fargo Debuts Tap-and-Go Cards and other Digital Transactions News briefs from 4/2/19

Wells Fargo & Co. has introduced contactless credit and debit cards for point-of-sale transactions. Information on how many cards will be issued was not immediately available. Tapping at ATMs will be introduced nationwide later this year at more than 13,000 machines, the bank said. Advanced Solutions International, a software developer …

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Nearly a Third of Americans Don’t Mind Mailing a Check to the Government for Taxes Owed

April is a month when most Americans think about taxes. It turns out that a surprising number of them—29%—would rather mail a check to the government than use electronic methods. That’s the word from payment technology provider ACI Worldwide Inc., which in March commissioned YouGov Plc, a global research firm …

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Stolen Payment Cards For Sale Linked to Breach at Restaurant Operator Earl Enterprises

Mark the latest data breach as another conquest for hackers. Earl Enterprises, owner of the Buca di Beppo, Bertucci’s, Planet Hollywood, and the Earl of Sandwich restaurant chains, among others, said point-of-sale malware captured credit and debit card information from May 23, 2018, through March 18, 2019, at a variety …

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Another Bank Adds Zelle and other Digital Transactions News briefs from 4/1/19

Huntington Bank launched the Zelle peer-to-peer payments service on its mobile and online banking service. Payment Data Systems Inc. said its FiCentive subsidiary will provide its Akimbo commercial prepaid Mastercard-branded cards to the Bowen Center, a behavioral-health company. Zapt, an on-demand platform that lets customers schedule household moves, said it …

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NACHA Notes 27 Billion ACH Transactions and other Digital Transactions News briefs from 3/29/19

NACHA, the regulatory body for the automated clearing house network, reported 27 billion ACH transactions for 2018, including 23 billion on the network and 4.1 billion off-network transactions, including mostly on-us volume. PayPal Holdings Inc. is closing two offices in Hunt Valley, Md., and will lay off their 380 workers …

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Concessionnaire Chooses Mobile Order App and other Digital Transactions News briefs from 3/28/19

Spectrum Concessions has chosen a mobile-ordering app from Noble Inc. to allow customers at several Spectrum venues to order and pay for food and drinks with a smart phone. The venues include the Hippodrome Theatre in Baltimore, the Long Center in Austin, Texas, and the Hennepin Theatre Trust in Minneapolis. …

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Payments Firms Need To Keep Their Eyes on Regulators And the States, ETA Lobbyist Says

Regulators and the states currently are more active than Congress on issues affecting the payments industry, according to the Electronic Transactions Association’s point person on governmental affairs. The divided Congress probably won’t pass any major payments-related legislation before the 2020 elections, says Scott Talbott, a senior vice president at the …

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While It Merges With FIS, Worldpay Looks to Expansion in Australia And New Zealand

Worldpay Inc. may be embroiled in combining its business with that of Fidelity National Information Services Inc., but that isn’t stopping the huge processor from seeking international expansion. Cincinnati-based Worldpay said on Wednesday it will open two new offices in Australia and has obtained a license to acquire card payments …

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Square Lands Nationals Deal and other Digital Transactions News briefs from 3/27/19

Square Inc. said concession sellers at the Washington Nationals’ ballpark will be equipped with the Square Terminal device to process fans’ food-and-drink orders in their seats. Fans will also be able to use Square’s Caviar app to order food from concession stands. The Major League Baseball season starts Thursday. The …

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Digital Transactions