Thursday , November 28, 2024

Near-Field Communication (NFC)

Warehouse Retailer Costco Is Now Accepting ‘The Pays’

Notoriously picky about which payment forms it accepts, Costco Wholesale Corp. is now accepting Apple Pay, Google Pay, and Samsung Pay in its U.S. stores. With 519 locations, Issaquah, Wash.-based Costco is the nation’s third-largest brick-and-mortar retailer, according to the National Retail Federation. In its warehouse-like stores, it accepts debit …

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General-Purpose Contactless Payments Continue To Struggle on U.S. Transit Systems

Contactless fare payments are still booming on London’s massive public-transportation network, but it’s a different story in the United States despite years of talk and testing. The latest figures from Transport for London, the agency that oversees the United Kingdom capital city’s subways and buses, show an average of 1.48 …

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Francisco Partners Closes on Its $3.4 Billion Verifone Deal

As of Monday, point-of-sale terminal maker Verifone Systems Inc. once again is a privately-held company. Announced in April, the $3.4 billion deal also sees Michael Pulli, former chief executive of Pace plc, step into the same role at San Jose, Calif.-based Verifone, replacing Paul Galant, who became CEO in 2013. Galant …

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Priority Buys POS Software Makers and other Digital Transactions News briefs from 8/20/18

Priority Technology Holdings Inc., the new corporate name for Priority Payment Systems following a deal with M I Acquisitions Inc., announced the acquisition of RadPad and Landlord Station, business software for landlords. Just a day after the FBI warned bankers about a looming malware scheme to make ATMs dispense cash …

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Apple Pay Use Increases With A Lot of Growth Internationally in Users And Transactions

More than 252 million iPhone owners globally use Apple Pay, a figure that equates to 31% of the active iPhone base, says Loup Ventures, a Minneapolis-based venture-capital firm. A year ago, the figure was 25%. That growth mostly is coming from international consumers, who Loup Ventures says account for 85% …

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Chase Activates Cardless ATM Access and other Digital Transactions News briefs from 8/3/18

Chase, a unit of JPMorgan Chase & Co., enabled cardless ATM access at nearly all of its 16,000 ATMs nationwide when consumers use Apple Pay, Google Pay, or Samsung Pay loaded with a Chase debit or Liquid card. In related news, Chase said Los Angeles-area consumers can use Chase Pay …

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Apple Pay Tops 1 Billion Quarterly Transactions As CVS and 7-Eleven Prepare To Accept It

Apple Inc. said Apple Pay transactions surpassed 1 billion in the company’s third quarter, ended June 30. During an earnings call with analysts Tuesday, Apple chief executive Tim Cook said the 1-billion mark was triple the amount a year ago. “To put that tremendous growth into perspective, this past quarter, …

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Walmart Shoppers More Likely To Use Apple Pay In Walmart Than Walmart Pay

Walmart Inc. shoppers apparently aren’t as loyal to the giant retailer’s own mobile-payment service as they are to Apple Inc.’s Apple Pay. That’s one takeaway from the latest Mobile Pay Tracker from Auriemma Consulting Group. New York City-based ACG found that Walmart shoppers who use Apple Pay and have a …

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Ease in Payments And Ordering Are Central to Restaurant Success, a Survey Finds

What do diners want most when they go out to eat? Apparently, easy ordering and payment. That’s the big takeaway in the “Restaurant Digital Crossroads: The Race to Meet Guest Expectations” report released Thursday. Hassle-free ordering and payment are especially important to younger consumers, defined as those between 18 and 37 …

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Google Pay Adds P2P And Mobile-Ticketing Features, But Google Pay Send Still Lives

Two previously announced features—support for person-to-person payments and a new tab for storing mobile tickets—went live Tuesday in Google Pay, Alphabet Inc.’s online and mobile-payments app. The first is a peer-to-peer payment capability, formerly known as Google Wallet, that allows users to pay or request funds from other persons. This …

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Digital Transactions