Continuing its push to make cryptocurrency a mainstream payment option, PayPal Holdings, Inc. on Monday announced that it will accept cryptocurrency at checkout. The move builds on PayPal’s strategy of increasing the utility of cryptocurrency so it can become a mainstream payment option. PayPal took the first step in that …
Read More »Walgreens Banks on InComm and other Digital Transactions News briefs from 3/30/21
The Walgreens pharmacy chain said it will launch a bank-account offering through payments provider InComm Payments that will also feature a MetaBank-issued Mastercard debit card that will allow users to earn rewards through the Walgreens loyalty program. The pharmacy chain will also re-launch its gift card program through InComm.In related news, InComm …
Read More »EMVMadeEZ Debuts and other Digital Transactions News briefs from 3/29/21
Amadis, Advanced Mobile Payment Inc., and Texas Engineering Consulting Systems and Services said they launched the jointly-developed EMVMadeEZ, a pre-certified EMV migration product for automated fuel dispensers. The product enables convenience store operators, small chains, and single gas station owners with an EMV-at-the-pump service.Payments-technology provider AEVI International GmbH said it is …
Read More »Subscription Specialist Joins Stripe Program and other Digital Transactions News briefs from 3/26/21
Ternary Developments Inc. has joined the Stripe Partner Program, which enables clients to accept online payments via Stripe Inc. Ternary provides a cloud-based platform for Discord social-engagement communities.Appetize Technologies Inc., a provider of management software for the food-and-beverage industry, announced integrations with payments processor Paytronix Systems Inc., gift card provider Givex Inc,, …
Read More »Paay And OpenPath Prep a Universal 3-D Secure Service
As criminals continue to target e-commerce transactions, online retailers are tasked with employing advanced methods to thwart them. Paay LLC, an authentication-services provider, and OpenPath Inc., an Irvine, Calif.-based payment-services company, are developing a universal 3-D Secure plugin to help with that. Slated to be available in the second half …
Read More »Focus POS Releases @Table and other Digital Transactions News briefs from 3/24/21
Focus POS released its @Table service that enables customers to scan a QR code on the table that pulls up a menu on the device. They then can select and order items and receive confirmation their order is being prepared. They service can keep the tab open until the customer is …
Read More »COMMENTARY: How Covid Solidified a Supply-Chain Payment Shift
The Covid-19 pandemic sent shock waves through nearly every industry—not least the global supply chain. Every piece of the supply chain was impacted, from manufacturing and production to fulfillment. And because supply chains are the backbone of commerce, the implications radiated beyond supply-chain hubs and essential workers to also impact …
Read More »Nuvei Adds Mastercard Send Integration and other Digital Transactions News briefs from 3/23/21
Nuvei Corp. said it will integrate Mastercard Send push payments into its payment technology platform. Send enables speedy funds disbursement for use cases like payroll, insurance claims, and refunds.Agilysys Inc., a provider of point-of-sale software for the hospitality industry, rolled out Agilysys Digital Marketing, which allows managers to send personalized messages …
Read More »A DoJ Investigation of Visa Is the Latest Chapter in a Long History of Probes Into Network Policies
The news that the U.S. Department of Justice is probing debit card routing practices at Visa Inc. follows on a long history of such investigations and could portend a more serious attitude by regulators to address longstanding merchant complaints about network routing and pricing. “This is one more heavy step …
Read More »ACH Settles Four Times Daily Now and other Digital Transactions News briefs from 3/22/21
Nacha, The Clearing House Payments Co. LLC and the Federal Reserve, which collectively manage the automated clearing house network, said the addition of a third daily processing window for same-day ACH took effect on March 19. The ACH network now settles payments four times each business day.Mobile-wallet technology provider Citcon USA LLC said …
Read More »