Saturday , September 21, 2024

Mobile Commerce

Debit Card Spending up Last Week and other Digital Transactions News briefs from 9/8/20

Debit card spending increased 9.4% for the week ending Aug. 30 from the week ending Sept. 1, 2019, for credit unions working with PSCU, a credit union service organization. For the same period, credit card spending was down 2.5%. Mobile wallet use with a debit card increased 68% and those with …

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TransferMate Receives Payment License in Mexico and other Digital Transactions News briefs from 9/4/20

TransferMate Ltd., a provider of cross-border business-to-business payments technology, said it has won a payments license in Mexico.The Association of International Certified Professional Accountants and CPA.com announced they are seeking applicants for the 2021 startup accelerator program, whose specialty is accounting, finance, and regulatory technology.Cryptocurrency provider Crypto.com launched a French version of its app …

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For August, Online Spending Remained Strong While Small-Business Traffic Softened Slightly

Online sales in August were 34% higher this year than last, says Signifyd’s Pulse Report for E-Commerce, while small-business sales through August remained steady, finds the latest CardFlight Small Business Report. San Jose, Calif.-based Signifyd Inc., a fraud-prevention company focused on e-commerce, says overall online sales growth reflects the fact that …

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Walmart Joins Paymentus Network and other Digital Transactions News briefs from 9/3/20

Walmart Inc. has joined Paymentus Corp.‘s Instant Payment Network for bills paid in Walmart stores. Other users of the network are Amazon.com Inc. and PayPal Holdings Inc.Modern Treasury, a startup payments-technology provider, said clients reconciled more than $100 million on its platform in August, with volume growing at a compound monthly …

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Google Pay Comes to Parking Via Google Maps And Passport Labs’ Deal With the City of Austin

Passport Labs Inc., a provider of transportation software, is teaming with Alphabet Inc.’s Google to allow consumers in Austin, Texas, to pay for parking through Google Maps using Google Pay at on-street and municipally controlled parking spaces. Drivers using Google Maps on their iPhone or Android phone to navigate to …

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Amid Covid’s Impact, Installment Pay Gets a Lift With New Offerings From Mastercard And Sezzle

Count transactional credit at the point of sale among the payment technologies winning more of the spotlight as consumers tentatively venture out and businesses reopen in the midst of Covid-19’s impact. Mastercard Inc. on Wednesday announced new integrations with the card-issuing processor TSYS and with technology providers that will let …

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CardFlight’s Latest Small Business Data and other Digital Transactions News briefs from 9/2/20

CardFlight Inc. released its Small Business Report for Sept. 2 that shows contactless payments made at more than 65,000 small businesses for the week of Aug. 24-30 were up 140.3% from the base week of March 2 to 8. The report also predicts that there may be up to 50% fewer …

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Shift4 and Sionic Target Restaurants and other Digital Transactions News briefs from 9/1/20

Shift4 Payments Inc. will provide tokenization, gateway, and end-to-end payment processing for a digital-commerce platform from Sionic Mobile Corp., according to a joint announcement from the companies. The initial focus is on restaurants, including services for online ordering and existing mobile payment and loyalty apps.Fiserv Inc. announced that starting Tuesday consumers with Alexa-enabled cars or …

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Beyond Contactless: Giant Eagle Recruits Grabango for Checkout-Free Stores

Cashierless technology is spreading as stores hunt for ways to automate service and payments while keeping operating costs in check. The latest example is supermarket chain Giant Eagle Inc., which has teamed up with Grabango Co., a Berkeley, Calif.-based provider of checkout-free technology, to introduce cashierless technology to its GetGo …

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As Point-of-Sale Credit Grows, PayPal Adds Pay in 4, a New Installment Option

PayPal Holdings Inc. is expanding its portfolio of installment-payment options by introducing Pay in 4, a short-term financing program. PayPal says the new option, which allows consumers to pay for a purchase over four interest-free payments, can help merchants drive customer conversions, hike revenue, and enhance loyalty without taking on additional …

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Digital Transactions