Sunday , April 6, 2025

Marketing

NCR To Take a Direct Role in Payments With its Pending $184 Million Acquisition of JetPay

Best known for its ATMs, NCR Corp. has long been close to the point-of-sale payment business with its software products such as Retail One, Aloha, and NCR Silver, and its hardware for retailers and the hospitality industry that includes self-checkout systems for grocery stores. Now NCR is about to dive …

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CardinalCommerce Notes 3-D Secure 2.1 Milestone and other Digital Transactions News briefs from 10/19/18

E-commerce payments provider CardinalCommerce said it completed its first series of 3-D Secure 2.1 transactions with American Express Co., Mastercard Inc., and Visa Inc. The transactions, which were not part of a test, were part of an early-adopter program in which merchants and issuers enabled EMV 3-D Secure 2.1 via CardinalCommerce, …

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Eye on Point of Sale: Contactless Test at Jimmy John’s And eTouchMenu’s POS Terminal Choice

As the payments market, led by the card brands, preps for a potential increase in contactless transactions, sandwich chain Jimmy John’s is testing acceptance of EMV contactless payments. Announced Thursday, the test will use a Verifone Systems Inc. Engage P400 device at an undisclosed number of Jimmy John’s locations, Verifone …

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ControlScan Acquires Dunbar Cybersecurity and other Digital Transactions News briefs from 10/18/18

Data-security provider ControlScan Inc. acquired Dunbar Cybersecurity, a move that will strengthen ControlScan’s threat-detection and response capabilities, the company said. Terms were not disclosed. Mastercard Inc. said beginning in April 2019 cardholder signatures on the back panel of its cards will be optional. It no longer will require issuers to …

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Paya Unveils Its Paya Connect Platform for ISOs And Software Firms

Shortly after the former Sage Payment Solutions rebranded as Paya early this year, company president Greg Cohen said the merchant processor would play a “value game,” not a low-price game. Following that strategy, Paya on Wednesday unveiled Paya Connect, a platform for software firms and independent sales organizations to create …

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What a Difference a Year Makes: Consumer Sentiment Shifts Substantially Toward Tech Firms

With technology companies increasingly eyeing financial services, a survey from Brookfield, Wis.-based bank processor Fiserv Inc. indicates 55% of consumers feel comfortable using a company like Apple Inc. or Alphabet Inc.’s Google to pay bills, up from 40% in 2017. Thirty-nine percent would take out a loan from a tech-company service, …

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Eye on P2P: Venmo Jacks up Its Fee for Instant Transfers; BofA Touts Zelle Results

In the hotly contested market for person-to-person transactions, PayPal Holdings Inc.’s Venmo unit has rarely made a misstep. But over the weekend the popular service said it will raise its fee from 25 cents to 1% for so-called instant transfers users make to move money from their Venmo account to …

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Shopify Tries a Store Strategy and other Digital Transactions News briefs from 10/12/18

E-commerce processor Shopify Inc. opened its first brick-and-mortar “entrepreneur space” in downtown Los Angeles. The site will provide in-person support, training, and education to Shopify merchants, and the company’s suite of retail hardware products will be available. Shopify says it has 10,000 merchants in L.A. and 80,000 in California. Cybersecurity …

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PayPal, in a Tie-Up With Walmart, Adds In-Store Cash Access

Consumers with PayPal accounts will be able to withdraw cash from, and deposit cash into, these accounts at participating U.S. Walmart Inc. locations, Walmart announced Thursday. The deal means PayPal accountholders will pay $3 per cash-in and cash-out transaction. San Jose, Calif.-based PayPal says this is the first time its …

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ATM Surcharges Rise Again, but Foreign Fees Ease

The average ATM surcharge increased this year for the 14th year in a row, but ATM foreign fees eased a bit, according to Bankrate Inc.’s latest annual study of ATM and checking account fees. New York City-based Bankrate says the average surcharge is now $3.02, up 5 cents, or 1.7%, …

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Digital Transactions