Digital Transactions Authoritative, insightful and timely information for payments professionals
After the pandemic struck a year ago, stores scrambled to install technology to support a wide range of payment options, including tap-and-pay, to reassure skittish consumers. But now a new report indicates those efforts may not have gone as far as many have assumed, particularly in the area of contactless …
March, 2021
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24 March
Focus POS Releases @Table and other Digital Transactions News briefs from 3/24/21
Focus POS released its @Table service that enables customers to scan a QR code on the table that pulls up a menu on the device. They then can select and order items and receive confirmation their order is being prepared. They service can keep the tab open until the customer is …
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23 March
As Payments Firms Eye Venues, Reds Pay Comes to Great American Ball Park
Great American Ball Park, home of Major League Baseball’s Cincinnati Reds, will offer a contactless mobile payment service called Reds Pay this baseball season. Reds Pay uses a white-label service from Tappit, a United Kingdom-based payments-technology company. April 1 is the opening day for MLB games. Major League Baseball’s San …
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23 March
COMMENTARY: How Covid Solidified a Supply-Chain Payment Shift
The Covid-19 pandemic sent shock waves through nearly every industry—not least the global supply chain. Every piece of the supply chain was impacted, from manufacturing and production to fulfillment. And because supply chains are the backbone of commerce, the implications radiated beyond supply-chain hubs and essential workers to also impact …
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23 March
Nuvei Adds Mastercard Send Integration and other Digital Transactions News briefs from 3/23/21
Nuvei Corp. said it will integrate Mastercard Send push payments into its payment technology platform. Send enables speedy funds disbursement for use cases like payroll, insurance claims, and refunds.Agilysys Inc., a provider of point-of-sale software for the hospitality industry, rolled out Agilysys Digital Marketing, which allows managers to send personalized messages …
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22 March
COMMENTARY: With Digital Currency, Regulators Should Let Markets Pick Winners
Launched in 1989, Digicash introduced the first cryptocurrency. In the 1990s, it was considered leading-edge payments technology. But physical and digital currencies are payment networks. In payment systems, good technology is neither sufficient nor generally the biggest hurdle. No matter how good the technology, without critical mass they’re worth little. …
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22 March
A DoJ Investigation of Visa Is the Latest Chapter in a Long History of Probes Into Network Policies
The news that the U.S. Department of Justice is probing debit card routing practices at Visa Inc. follows on a long history of such investigations and could portend a more serious attitude by regulators to address longstanding merchant complaints about network routing and pricing. “This is one more heavy step …
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22 March
ACH Settles Four Times Daily Now and other Digital Transactions News briefs from 3/22/21
Nacha, The Clearing House Payments Co. LLC and the Federal Reserve, which collectively manage the automated clearing house network, said the addition of a third daily processing window for same-day ACH took effect on March 19. The ACH network now settles payments four times each business day.Mobile-wallet technology provider Citcon USA LLC said …
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19 March
Blackhawk Network Launches eGiftcard Platform
With more merchants embracing omnichannel sales strategies that blend brick-and-mortar and e-commerce shopping, Blackhawk Network Inc. is enabling merchants to sell digital gift cards in-store. With Blackhawk’s eGift card platform, merchants can engage customers at multiple marketing touchpoints throughout the store, such as gift card racks and gift card displays …
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19 March
Citcon Seeks to Smooth the Way for U.S. Online Sellers to Reach E-Wallets Overseas
Citcon USA LLC is looking to connect U.S. e-commerce merchants with an array of digital wallets used by consumers in Latin America and Southeast Asia. The San Jose, Calif.-based company said late Thursday a single integration will enable transactions on more than 100 wallets used by consumers from a diverse …
