Wednesday , January 15, 2025

Mobile Commerce

Personalization Is the Key for Payments Apps And Web Sites, J.D. Power Finds

Personalized financial-management tools and digital assistants will provide the pathway for banks and card issuers to differentiate their mobile apps or Web sites from those of competitors and drive adoption and usage, according to a new report from J.D. Power. The best opportunities for card issuers will come from offering …

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Many Opt for Manual Bill Pay and other Digital Transactions News briefs from 5/30/24

Almost two-thirds of U.S. consumers prefer to pay bills manually rather than through automated services, according to a survey by payments platform MX Technologies Inc. The online research embraced 1,059 adults and was conducted during the first quarter. Embedded payments startup Forward closed a $16 million seed financing round led by Commerce Ventures, Elefund, …

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Airlines Have Plenty of Room for Growth When It Comes to Payment Acceptance, a Report Finds

Airlines face myriad challenges when it comes to improving their payment processes to drive bookings and support growth, according to a report from omnichannel payments and digital-commerce platform provider CellPoint Digital. The two leading payments challenges facing airlines are a lack of alternative payment methods and regional forms of payment, …

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Outdoors Specialist PayIt Expands Digital Licensing With Its North Carolina Win

PayIt LLC announced on Tuesday it is processing payments for fishing licenses for the Eastern Band of Cherokee Indians in North Carolina. The deal, which was consummated March 20 but not announced immediately, is the latest for PayIt, an 11-year-old Kansas City, Mo.-based platform that specializes in digital payments for …

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Humbl Tickets for the Blackbears and other Digital Transactions News briefs from 5/29/24

Technology platform Humbl said it will develop a digital ticketing offering for the Oregon Blackbears, an indoor football team. Organic Payment Gateways said it has launched an Authorize.net gateway service for merchants selling cannabis seed, nutritional supplements, and cannabidiol, the active ingredient in cannabis. Authorize.net is owned by Visa Inc. ParTech Inc., which …

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Merchants Get an Extension to File Monetary Claims in the Big Credit Card Settlement

Merchants have been granted a 90-day extension to file a monetary claim as part of the settlement of a nearly two-decades-old interchange lawsuit filed against Visa and Mastercard. Merchants now have until Aug. 30 to file their claims, the court overseeing the settlement has ruled. A settlement between Visa and …

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CredBuild’s Renters Reporting and other Digital Transactions News briefs from 5/28/24

Fintech CredBuild said it is working with BloomCredit to enable renters to report rent payments to credit bureaus via property management systems. BloomCredit provides the API codes. PayIt, a specialist in government payments, said the Eastern Band of Cherokee Indians will use PayIt for a new digital fish-licensing system. Waystar Holding Corp., …

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As Users Return to ATMs, Guidance Emerges for Contactless Transactions With And Without Cards

The onset of the covid pandemic spurred deployers and developers to bring contactless technology to the ATM, and now industry organizations are offering guidelines on the matter as deployers look to widen acceptance of contactless cards and mobile devices. Calling contactless technology “table stakes” for most consumers, the Redwood City, …

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The MPC Fires Back at Claims Merchants Won’t Pass Along CCCA Savings to Consumers

Claims by banks that merchants won’t pass along savings from the Credit Card Competition Act to consumers are grossly misleading and do not reflect the economic realities merchants face, argues the Merchants Payments Coalition, a lobbying group representing sellers on payments-acceptance matters. Passing along cost savings or at least holding …

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Debit Cards Remain The Most Popular Payment Option, Especially With Younger Consumers

Despite the growing popularity of digital wallets, the vast majority of consumers prefer to pay with their debit card at the point of sale, according to research from J.D. Power. Some 72% of consumers surveyed by Power physically use their debit card at the point of sale or enter their …

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Digital Transactions