Digital Transactions Authoritative, insightful and timely information for payments professionals
• VeriFone Systems Inc. released an updated version of the EMV application for point-of-sale terminals used on processor Total System Services Inc.’s network that now includes EMV tip adjust among other functions. • ClickBid, a provider of mobile-bidding technology, says it is using hosted fields from Braintree, a unit of PayPal …
August, 2016
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25 August
Eye on Card Security: Two More Hotel Chains Report Data Breaches
By Jim Daly@DTPaymentNews Two hotel and resort chains this week reported apparent data breaches involving payment cards used at their locations. These latest compromises come less than two weeks after compromise occurred between early March and mid-June. Millennium, which has 14 luxury or boutique U.S. properties, isolated and then took …
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25 August
By Renaming clearXchange, Early Warning Hopes Zelle Will Be the Belle of the P2P Ball
By John Stewart@DTPaymentNews The big banks that run clearXchange are getting around to slapping a brand name on the peer-to-peer payments network, five years after founding it. The new name is going to be Zelle, confirms a spokesperson for Early Warning Services LLC, the Scottsdale, Ariz.-based fraud-management company that real-time …
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25 August
Noting 100 Million Samsung Pay Transactions and other Digital Transactions News briefs
• The clearXchange peer-to-peer payments network will be renamed Zelle, according to a report in The Wall Street Journal. The service is operated by Early Warning Services LLC, which is owned by some of the nation’s biggest banks. • Samsung Electronics Co. Ltd. marked the first anniversary of its Samsung …
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24 August
Visa And MasterCard Deny Home Depot’s Claims But Shed No Light on Disputed Fees
By Jim Daly@DTPaymentNews In new court filings, Visa Inc. and MasterCard Inc. are denying the antitrust allegations that The Home Depot Inc. leveled against them in a June lawsuit. That’s no surprise, but the networks’ responses leave some arcane network fees shrouded in mystery. Visa and MasterCard filed answers to …
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24 August
Visa Says Chip-on-Chip Transactions, a Key Metric, Have Grown 26% Since May
By Kevin Woodward@DTPaymentNews Chip-on-chip transaction volume continues to rise as the United States payments industry nears the one-year mark since the Oct. 1, 2015, liability shift, totaling 554.8 million in July, a 26% increase from 440.1 million in May, Visa Inc. announced Tuesday. Since November, Visa’s chip-on-chip transactions have more …
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24 August
Eye on College Payments: More Convenience Fees, And a Nasty Tuition Scam
It’s back-to-school time, and that means it’s also time for college-age students and their parents to pay tuition charges. Most of the largest private, public, and community colleges accept credit cards for these charges, but a growing majority of these institutions also assess hefty so-called convenience fees to cardholders, according …
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24 August
Uncle Oogies Getting Pay-at-the-table and other Digital Transactions News briefs
• Paytronix Systems Inc., a provider of loyalty solutions to restaurants and retailers, announced it has added a mobile pay-at-table capability for eateries that includes the ability to redeem rewards. • In related news, terminal maker Ingenico Group teamed with middleware vendor Datacap Systems to install a pay-at-table system based …
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23 August
The Best Gift Card Sellers Really Shine, But Below That Level the Picture Grows Dimmer
By Kevin Woodward@DTPaymentNews Retailers considering or starting a digital gift card program may do well to study the programs offered by Sephora USA Inc., Starbucks Corp., The Home Depot Inc., Dunkin’ Donuts, and Amazon.com Inc. Their digital gift card programs ranked at the top of a roster of 100 retailers …
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23 August
Payza Integrates Interac Into its Platform and other Digital Transactions News briefs
• Merchant processor Global Payments Inc. said it will provide a Bluetooth reader capable of EMV and contactless mobile payments to Mary Kay Cosmetics Ltd. consultants in Canada. The reader works with Apple and Android smart phones and tablets. • Global payments platform Payza has integrated Canada’s Interac debit network, …
