Friday , January 10, 2025

Mobile Commerce

Stricter Visa Rules for Trial Offers and Promotions To Take Effect Next Year

The card networks’ crackdown on negative-option billing and subscriptions with free trials is continuing, with stricter policies from Visa Inc. set to take effect April 18. The updated Visa rules will follow by a year tightened rules from Mastercard Inc. on negative-option billers. These are billers who, after getting a consumer …

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Could Online Sports Betting And U.S. Football Prove a Toxic Mix for Payments Firms?

The imminent arrival of the NFL season, coupled with a U.S. Supreme Court decision last year that leaves legalized sports betting up to the states, could sack payments firms’ efforts to control fraud, observers warn. The professional football season kicks off Sept. 5 and is widely expected to draw strong …

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Discover Expands Acceptance Network and other Digital Transactions News briefs from 8/29/19

Discover Global Network signed an agreement with Credit Mutuel Arkea to allow Arkea Group merchants in France and Europe to accept Discover, Diners Club International, and allied issuers’ transactions.Ingenico Group’s e-commerce division, Ingenico ePayments, said it will provide payments services to Yoozoo Games, a game development and distribution company.Barclaycard, a unit of …

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Eye on Digital Commerce: Google Wallet Beyond Payments; W3C’s Payment Form Goes Live

Alphabet Inc.’s Google subsidiary is adding more services to its Google Wallet for Android mobile devices, and Google’s Chrome Web browser now supports a common e-commerce payment form for merchants that is expected to be integrated into the other major browsers too. United Airlines Inc. in May became the first …

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AnywhereCommerce Alleges Square Infringed Patents on Tech Linking Readers to Mobile Devices

(This story has been updated to include a statement from Square). Square Inc. is often seen as the exemplar of technology that lets small merchants process card transactions via a simple reader linked to a mobile device. But now a rival point-of-sale technology provider has sued Square alleging that the …

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CardX Raises $2 Million and other Digital Transactions News briefs from 8/27/19

CardX LLC, which specializes in credit-card surcharging programs, said it secured $2 million in funding through Pace Financial Group. This brings CardX’s total capital raised to date to $8.62 million.Payments-automation provider AvidXchange agreed to acquire BankTEL Systems, which offers accounting technology to banks. With the deal, BankTEL will link clients to AvidXchange’s AvidPay network …

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Why Mobile Payments Don’t Deliver for Merchants

Mobile payments so far account for a mere 2% or less of U.S. general-purpose card payments, according to some estimates, and that’s no surprise to some executives who believe mobile payments haven’t delivered for many merchants. “I don’t think anyone in the market is solving problems for the retailers,” Laura …

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COMMENTARY: Visa Next’s Installment APIs Solve Only Part of the Problem

Following Klarna’s recent raise of $460 million looking to expand its payments presence in the United States, and Mastercard Inc.’s recent acquisition of Vyze, the consumer-finance space is heating up with the big players of the finance world entering the arena. It is a further indication of the importance of easily …

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Shift4’s New Tableside Device and other Digital Transactions News briefs from 8/26/19

Shift4 Payments LLC released Tableside, a new order- and pay-at-the table point-of-sale device. Tableside integrates with multiple Shift4 POS systems, including Harbortouch, Restaurant Manager, Future POS, and POSitouch. Additional integrations are expected.Payment Alliance International said it acquired ATM operator Eclipse Cash Systems for an undisclosed amount. Eclipse operates more than 15,000 ATMs, …

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Adyen Says It’s Ready to Take on the Majority of eBay’s Volume Next Year

PayPal Holdings Inc.’s shares dipped slightly late  Thursday after a key Adyen N.V. executive told stock analysts that the Amsterdam-based company is “ready” to process “the majority” of eBay Inc.’s volume when eBay shifts to Adyen next year. Adyen also reported it is proceeding with an application for a banking license …

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Digital Transactions