With the economy still humming along in 2018’s fourth quarter, a nearly 17% increase in merchant-processing volume by JPMorgan Chase & Co. augurs strong volume growth by Visa Inc. and Mastercard Inc. when the bank card networks report financial results later this month. New York City-based JPMorgan Chase operates the …
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Processing giant Worldpay Inc. announced early Tuesday it forged a new agreement with Revel Systems to support Revel’s iPad-based smart terminals for restaurants and other merchant locations. The agreement comes days after Total System Services Inc. (TSYS) said it is launching a line of smart POS devices and follows other …
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TD Ameritrade announced individual investors can instantly fund a brokerage account using Apple Pay through Apple Business Chat. The capability means investors can use a debit card to deposit up to $10,000 per day via Apple Pay, though the limit may vary by bank. The service is much quicker than …
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Kabbage Inc., an online small-business financier, said it provides the Pay Later program for U.S. small-business buyers on Alibaba.com, an online marketplace. Payment-terminal maker Equinox Payments and payments-software provider Acceo Tender Retail announced the Equinox Luxe 8500i and Luxe 6200m terminals have achieved EMV end-to-end certification on First Data Corp.’s …
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Discover Financial Services is on the verge of a major expansion of Discover, Diners Club, and Pulse acceptance across Europe and the Middle East following Friday’s announcement of a deal with a third-party provider. Riverwoods, Ill.-based Discover says it will work with 3C Payment, a Luxembourg-based payment service provider that …
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Payment processor Total System Services Inc. (TSYS) on Thursday unveiled a line of point-of-sale terminals and services for small and mid-size businesses, and took its Vital brand out of a 13-year retirement as the name for the new product suite. The cloud-based Vital POS has three major components: Vital Mobile, an …
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Square Inc. released a software development kit to enable merchants and developers to use Square for their payments processing in apps. Announced Wednesday, the SDK marks a first for Square and creates a single platform for transactions made by Square merchants that also sell in stores. The SDK is available …
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Will Graylin, a payments entrepreneur and former Samsung Pay executive, launched OV Loop, which includes two voice-activated messaging products, OV App and OV Pro. OV App includes OV Pay, a single-tap payment application under development with financial institutions. Online merchants that don’t process local currencies fail to consummate 6% …
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CannaTrac, a cashless-payment service for the cannabis industry, released the CannaCard App, a mobile-payment service that enables users to upload funds from a checking account, debit card, or cash at select partner locations. A 95-cent fee applies to each funds loading. The app, available for Android and iOS devices, is …
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The new year is only a week old, but it’s already looking to be a strong one for dashboard payments. On Monday, Visa Inc. and SiriusXM Connected Vehicles Services Inc. said they plan to offer the SiriusXM e-wallet to auto manufacturers that deploy SiriusXM’s connected-vehicle services. The Visa-SiriusXM announcement followed …
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