Thursday , January 9, 2025

Mobile Commerce

Cash Pick-Up Deal With Ria Brings PayPal’s Xoom to 60 More Countries

Xoom, the online money-transfer service that PayPal Holdings Inc. acquired in 2015, will enter 60 more countries and expand in 26 more under a deal announced Tuesday with Euronet Worldwide Inc.’s Ria money-transfer subsidiary. The pact enables Xoom payment recipients to pick up cash transfers from senders, most of whom …

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Mitek CEO DeBello Will Leave the Remote Deposit Capture Provider This Year

Mitek Systems Inc. announced the departure of chief executive James B. DeBello at the end of this year. The remote deposit capture provider said DeBello, who became its president and CEO in 2003 and chairman of the board in 2016, will leave Jan. 1. DeBello has served on Mitek’s board …

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An Activist Social Network Alleges PayPal Is Still Processing for Supremacist Groups

Reacting to violent clashes a year ago in Charlottesville, Va., between white supremacist groups and counter demonstrators, several major payment systems shut down access for supremacist organizations that used the systems to process donations. But now a social network devoted to activist causes says PayPal Holdings Inc. is still processing …

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Google Exec: Google Pay Represents More Than a Rebranding

To outsiders, Google’s mobile-payment services have experienced a few identity crises along the way. But the service now known as Google Pay represents much more than a rebranding, according to Jack Connors, the executive who heads commerce and merchant partnerships at Google, the primary subsidiary of Mountain View, Calif.-based Alphabet …

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Processor Provides Prepaid Services and other Digital Transactions News briefs from 8/28/18

Merchant processor Payment Data Systems Inc. said its FiCentive prepaid card subsidiary will provide program management and processing and develop Web and mobile applications for University Fancards, which offers university-branded gift and reloadable prepaid cards. Speedpay Inc., Western Union’s bill-payment unit, has adopted a customer-guidance tool based on artificial intelligence …

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MoneyGram Expands Its Online Platform Into Five New Markets

Wire-transfer provider MoneyGram International Inc. once again is expanding to more markets. This time, the company announced Monday, consumers in Ireland, Poland, Sweden, Norway, and Denmark are the latest to have access to the company’s online platform. MoneyGram’s online service is now available in 15 nations. In July, it expanded …

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Payments Incumbents Can’t Rest on Their Laurels, Researchers Say

Payment-industry incumbents, particularly the global credit card networks and their allied banks and processors, can’t rest on their laurels lest fast-growing mobile and non-card payment systems in much of the world leave them in the dust. That was the conclusion of payments researchers Friday who spoke at the Mobile Payments …

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E-Retailer Adds Google Pay Option and other Digital Transactions News briefs

Online-shopping site jClub Inc. said its customers can check out with a single click on mobile or desktop devices using the Google Pay button. Google Pay is a 3-year-old mobile-payment service from Alphabet Inc.’s Google unit. Facing growing concerns about privacy protections on its popular Venmo person-to-person payments service, executives …

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COMMENTARY: Back-to-School Season Is No Time To Let Down Your Fraud Guards

Back-to-school shopping means big dollars for many merchants. In fact, the National Retail Federation predicts parents will spend $82.8 billion, and both online and brick-and-mortar retailers are hoping to get a piece of the action. Unfortunately, so are the fraudsters. This year’s back-to-school shopping, already in progress, is sure to …

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Lyft Wants the Payments Industry To Develop Processes Friendlier To the Gig Economy

Despite its detractors, the so-called gig economy that relies on freelance workers looks like it’s here to stay. And Lyft Inc., a leading ride-share provider that’s a major player in the gig economy, would like to see the payments industry evolve to meet the gig economy’s needs. Ashwin Raj, the …

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Digital Transactions