August 14, 2023
Acquiring, Competitive Strategies, Debit Cards, Digital Currency, Electronic Bill Payment, Law and Regulation, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Real-time Payments, Transaction Processing
The Waffle House restaurant system has adopted chainwide contactless payment capability, including mobile-wallet acceptance, through the Oracle Payment Cloud service. A startup called iWallet said it will adopt FedNow for mobile check deposits. The Federal Reserve launched the FedNow real-time payments service last month. MarginEdge, a bill-payments provider, launched a mobile bill-payment app for restaurant operators …
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June 28, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
PayPal Holdings Inc. is adding tap to pay on mobile phones to its U.S. Venmo users with business profiles. The Tap to Pay on Android technology enables merchants that accept Venmo payments to do so using conventional Android smart phones without having to attach a special payment dongle. The service …
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June 28, 2023
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
DoorDash announced a number of new features for its food-delivery app, including the ability to create multiple carts simultaneously and the addition of online payments funded by SNAP/EBT benefits. Alphabet Inc.’s mobile-payments app, Google Wallet, will reportedly begin supporting QR codes to trigger payments, starting in Brazil. The wallet has up to …
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June 22, 2023
Credit Cards, Debit Cards, Issuing/Originating, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Radio Frequency Technology, Smart Cards, Transaction Processing
A significantly longer range for contactless transactions could be a reality in the market within the next two to five years, according to news released this week by the NFC Forum, the standards body for near-field communication technology. The current standard for contactless payments is five millimeters, or about one-fifth …
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June 22, 2023
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Near-Field Communication (NFC), Point-of-sale, Prepaid Cards, Transaction Processing
Open banking specialist Plaid launched Plaid Beacon, an anti-fraud network for fintechs and financial institutions. The fintech Karma Wallet has allied with card-issuing platform Marqeta Inc. to introduce a prepaid card offering cash-back rewards from merchants said to be local, ethical, and sustainable. PayEm, a spend-management platform, has integrated with American Express to allow …
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June 19, 2023
Acquiring, Competitive Strategies, Marketing, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Pricing, Transaction Processing
Helcim Inc., a Calgary, Alberta-based payments provider, launched its Helcim Smart Terminal, which it says carries no contract or monthly fees. The device, which uses the Android operating system, is priced at $349 (C$429) and will be available this summer. Among its technical capabilities is a built-in printer, a large …
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June 15, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
A handful of U.S. retail outlets owned by luxury-goods retailer LVMH Group will offer Tap to Pay on iPhone later this year, the Paris-based company announced Wednesday. Tap to Pay on iPhone enables merchants to accept contactless payments using a payment-acceptance app and an off-the-shelf iPhone. The service, announced in …
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June 13, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Fraud & Security, Marketing, Mobile Commerce, Near-Field Communication (NFC), Prepaid Cards, Smart Cards, Transaction Processing, Vending
Mastercard Inc. Monday afternoon said it was looking into reports of problems with processing certain transactions on its network. Both Stripe, a major payments platform, and the U.K. bank Natwest reported issues, though Natwest said the problem had been resolved by day’s end. Prepaid card provider Paysign said it completed issuer certification with …
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June 7, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Smart Cards, Transaction Processing
Chargebacks911 is setting the stage for an e-commerce world full of ever-increasing digital payment—and chargebacks, a frequent challenge to management. To help, it is bringing on two payments veterans, one who oversaw merchant acceptance at Apple Pay and another who led merchant services at Bank of America Corp. Eric Hoffman, …
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June 1, 2023
Competitive Strategies, E-Commerce, Featured, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Google Wallet is adding the ability to store a digital image of a state-issued ID card along with several other features announced Thursday. In related news, Alipay, a China-based digital wallet with an estimated 1.3 billion users, is enabling users to add Alipay to their Apple IDs for use with …
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