Digital Transactions Authoritative, insightful and timely information for payments professionals
Add Sephora, a beauty retailer, to the list of merchants adopting iPhones as payment-acceptance devices in the Tap to Pay on iPhone program. J.P. Morgan Payments says Sephora is its first such retailer to adopt the contactless-payment service, which does not require special hardware to complete a transaction. Announced Tuesday, …
August, 2023
-
22 August
Feedzai’s Latin America Move And Other Digital Transactions News briefs from 8/22/23
Feedzai, a U.S. fraud-detection and -prevention company, will offer its services in Latin America through a partnership with Dock, a payments provider specializing in services for that region. TreviPay, a U.S.-based business-to-business payments provider operating in 32 countries, introduced a service to support cases where buyers ask to be invoiced …
-
21 August
Adyen Launches Pay By Link Through a Partnership With Teamwork Commerce
Teamwork Commerce, a provider of retail-management software, has partnered with Adyen NV to launch Pay by Link, a financial technology platform that enables consumers to pay using a secure URL link provided by the retailer. With Pay by Link, consumers pay using their preferred payment option through a secure link …
-
21 August
The U.K.’s Paysend Eyes U.S. P2P Payments Among Hispanics
Paysend Group is embarking on a campaign to make its name known among U.S. Hispanic peer-to-peer payments users with an advertising campaign and an offer of fee-free money transfers to Latin America, at least initially. Having opened a U.S. office in 2022, London-based Paysend hopes its advertising campaign, which debuts …
-
21 August
Five Star’s Tap-to-Pay on iPhone And Other Digital Transactions News briefs from 8/21/23
Community financial institution Five Star Bank launched tap-to-pay on iPhone capability for its business clients, allowing merchants to accept contactless payments directly on their iPhones. Fluency, a provider of technology for central bank digital currencies, said it has been selected by Mastercard Inc. to work with the card network on CBDC initiatives. Payments provider Novo …
-
18 August
Contactless And Mobile Wallets Are Gaining Ground Among Debit Users, a Pulse Study Finds
Consumer affinity for in-person transactions that reduce points of contact are taking hold as contactless payments made with debit cards swelled to 16% of the U.S. card-present share last year from 8% in 2021. It’s a similar story with debit cards used with mobile wallets. Their use increased from 5% …
-
18 August
Presto Counts 13 QSR Franchisee Groups Using Its AI-Based Ordering System
Presto Automation Inc., a provider of artificial intelligence-based voice-ordering systems for quick service restaurants with drive-through windows, announced it now has deals with 13 QSR franchise groups that own and operate more than 500 locations nationwide. All 13 groups have committed to begin deploying Presto Voice, Presto’s Presto’s in-house, proprietary …
-
18 August
Citizens Pay Adds Apple POS Financing Option And Other Digital Transactions News briefs from 8/18/23
Upgraded, a service that lets Apple MacBook buyers pay over time, announced it is launching in the United States in a partnership with Citizens Pay, a point-of-sale financing service of Citizens Bank. Adyen NV, a Dutch payments platform that competes in the U.S. market against companies like Stripe, Fiserv, PayPal, …
-
17 August
As Consumer Credit Card Debt Rises, Satisfaction With Card Rewards Declines
As consumers take on increasing amounts of credit card debt, their satisfaction with credit card rewards and loyalty programs is eroding. That’s according to a report released Thursday by J.D. Power. The decline in satisfaction is being driven by consumers’ perception of the rewards earned per dollar spent, especially among …
-
17 August
Discover’s Management Stresses New Action on Merchant And Banking Issues
Discover Financial Inc.’s top brass early Thursday stressed that the company’s top priorities are regulatory compliance, customer experience, and long-term growth. The declaration, from temporary chief executive John Owen, was meant to reassure equity analysts and came in the wake of merchant-overcharge and banking-compliance issues that led up to the …
