News

May, 2018

• 17 May

  However It Will Work, the Common Buy Button Isn’t Going to Appear Any Time Soon

  

  With each week that passes, the so-called unified buy button concept introduced by the major card networks last month takes on more definition, but despite all the discussion, the idea of an online checkout shared by multiple payment networks remains too vague—and too futuristic—to suit some expert observers. “I keep …
• 16 May

  Payment Processor Spindle Cancels an Acquisition, But Rents the Target Company’s CEO

  

  The struggling merchant processor Spindle Inc. canceled its planned acquisition of independent sales organization and gateway provider VyaPay, but reported Wednesday that it plans to form a so-called strategic alliance with VyaPay, and VyaPay’s chief executive will provide day-to-day management of Spindle. Mesa, Ariz.-based Spindle, whose shares trade over the …
• 16 May

  Items Like Screenshots And Dates Are Vital Info Under the New Visa Claims Resolution Program

  

  E-commerce merchants are beginning to learn efficient ways to navigate the newly launched Visa Claims Resolution program for managing chargebacks. With the increasing emphasis among consumers and merchants on making more of their transactions in the digital realm, Visa Inc. launched in April its new chargeback-resolution program that includes shortened …
• 16 May

  Paya Offers CardFlight’s SwipeSimple and other Digital Transactions News briefs from 5/16/18

  

  First American Payment Systems LP announced an integration with the Uluro billing and communication platform that is used across multiple industries. Payments provider Paya said it now offers the CardFlight SwipeSimple product to its merchants. Merchant processor Payment Data Systems announced record revenue of $5.8 million in the first quarter, …
• 15 May

  Eye on Transit: How Payment Convenience Could Boost Ridership; DART Updates Mobile App

  

  It’s easy to see how convenience in the form of longer service hours and lower fares might increase ridership on public transportation systems, but new survey results show that mobile apps that combine various transit options, including payments, could also boost ridership. London-based mass-transit software developer Masabi Ltd. recently released results …
• 15 May

  Ticketing App Atom Tickets Adds Landmark Theatres to a Stable of Major Movie Chains

  

  The movie-ticketing app Atom Tickets has struck a deal with Landmark Theatres, said to be the country’s largest exhibitor of independent films, to add the company’s 53 theaters and 255 screens in 27 markets across the country. The deal will boost Atom Tickets’ coverage that includes more than 20,000 screens …
• 15 May

  FIS’s Baseball Play and other Digital Transactions News briefs from 5/15/18

  

  Visa Inc. is sponsoring a contest in which the winner will receive an international trip on which all expenses will be paid without using cash. Applicants must submit a short video by June 15. Fidelity National Information Services Inc. (FIS) has extended to 2022 an agreement with Minor League Baseball …
• 14 May

  Payroll Firm ADP Adds Multiple Payment Options in its Wisely Pay Service

  

  Payroll giant ADP LLC launched its Wisely Pay service Monday, which combines digital accounts and a Visa-branded chip card as ways to pay individuals and for them to access these funds. Wisely Pay is the first product resulting from Roseland, N.J.-based ADP’s October 2017 acquisition of Global Cash Card, a …
• 14 May

  Chili’s Reports Malware-Related Data Compromise at Company-Owned Restaurants

  

  An undetermined number of Chili’s Grill and Bar restaurants sustained a data breach in March and April, Chili’s parent company Brinker International Inc. reported over the weekend. Dallas-based Brinker divulged few details in a Saturday post on the Chili’s Web site and in a new release the same day. It …
• 14 May

  Now That Real-Time Is on the Horizon, Fee-Weary Merchants Look for Card Displacement

  

  Financial institutions have been pushing real-time payments because they are supposed to be not only faster but also more cost-efficient. But now results of a global survey released Monday indicate merchants not only expect faster payments to be less expensive to accept, but also to displace the payment cards banks …