News

August, 2021

• 30 August

  Convenience Chain Wawa Settles a Class Action Suit Stemming from a Malware Attack

  

  The convenience-store chain Wawa Inc. announced Monday it settled a class-action lawsuit stemming from a data breach in 2019 that was related to malware discovered on its payment-processing servers. The settlement, which is subject to court approval, resolves all customer claims related to the data breach. The malware affected customer payment card information …
• 30 August

  BNPL Lands a Whale As Affirm Adds Amazon for Installment Payments

  

  Buy now, pay later specialist Affirm Inc. late Friday announced it had clinched the e-commerce giant Amazon.com Inc. as a client, securing a source of enormous volume and sending its stock soaring Monday morning. The news follows the enablement in May of Affirm’s service for hundreds of thousands of U.S. merchants …
• 30 August

  Visa Adopts Contactless Transit Incentive and other Digital Transactions News briefs from 8/30/21

  

  Visa Inc. and JPMorgan Chase & Co. said they will donate a dime to New York Cares through the month of September, up to a limit of $250,000, for each tap riders perform with a Chase Visa contactless card on subways or buses operated by New York City’s Metropolitan Transportation Authority.VPay, …
• 27 August

  Stop & Shop Adds Online EBT Shopping in Four States

  

  Stop & Shop, a New England grocer with more than 400 stores, said it is enabling online orders for pickup and delivery for customers using electronic benefits transfer payment services in four states. The Quincy, Mass.-based grocer, which is owned by Ahold Delhaize USA Co., said consumers using SNAP (Supplemental …
• 27 August

  A Settlement Will Allow App Store Developers to Offer Payment Options Beyond Apple

  

  Apple Inc. will permit developers of applications for its App Store to tell customers by email that they can pay for products and services by means other than Apple’s own payment platform, according to a preliminary settlement announced Thursday. The settlement apparently will let developers skirt what are said to …
• 27 August

  BBQ Holdings Picks Blackhawk’s Gift Card Program and other Digital Transactions News briefs from 8/27/21

  

  BBQ Holdings Inc., owner of Famous Dave’s, Village Inn, and Granite City Food & Brewery, selected Blackhawk Network Holdings Inc. to provide online and in-store gift card products.Integrated-payments provider EngageSmart LLC announced it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its common stock.Klara, …
• 26 August

  InComm and doxo Team Up to Digitize Cash Payments for Billers

  

  While consumers’ use of digital channels to pay bills has risen during the Covid-19 pandemic, one area of bill payment that has lagged in the transition to digital payments is billers that accept cash payments, such as utilities. On Thursday, payment-technology provider InComm Payments and bill-payment platform doxo Inc. announced they …
• 26 August

  Stablecoins Join International Relief Efforts As Circle’s Platform Backs Aid Distribution

  

  Stablecoins are coming to international disaster aid with the announcement Thursday that Ireland-based AID:Tech, a 5-year-old financial-services company specializing in relief distribution around the world, will work with Circle Internet Financial LLC to distribute aid via USD Coin, whose value is tied to the U.S. dollar. “Collaborating with AID:Tech to …
• 26 August

  LaCore To Offer Sezzle to Merchants and other Digital Transactions News briefs from 8/26/21

  

  Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the …
• 25 August

  Questions Loom Over What Caused the TSYS Outage And the Fallout From It

  

  Nearly four days after mega-processor Total System Services’ platform went offline, independent sales organizations that use the TSYS platform remain in the dark as to how and why the outage occurred. The outage, which has been described as a nationwide event for TSYS, occurred Saturday night and prevented TSYS, as …