Digital Transactions Authoritative, insightful and timely information for payments professionals
So far, the passes have chopped an average of 15 seconds off drive-up service times for the close to 600 customers who have registered their devices for the program. “That’s huge for us,” Stephen Baclini, president of Rawson Food Service, which operates six Wendy’s stores on the island, tells Digital …
November, 2013
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20 November
ABnote Adds NFC Support to its Mobile Wallet Via OTI’s Audio-Jack Plug-in Device
ABnote is adding support for near-field communication (NFC) technology to its miWallet mobile wallet with the addition of the Wave device from Israeli technology vendor On Track Innovations Ltd., ABnote recently announced. The device connects to mobile devices using the audio jack on smart phones and tablets. When connected, it …
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20 November
Google Gets Physical with the Debut of the Google Wallet Card
Google Inc. today announced the availability of a payment card to accompany its Google Wallet online and smart phone-based service. The card, which is funded by money held in a consumer’s Google Wallet account, can be used at point-of-sale locations that accept MasterCard Inc. transactions. MasterCard was part of …
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20 November
Official Calls the Rollout of Chicago’s Ventra Fare-Payment Program a ‘Systemic Failure’
It’s been one bump after another for the Chicago Transit Authority’s new Ventra fare-payment system that includes a contactless prepaid MasterCard Inc. card. The latest came today when the chairman of a Chicago-area transportation oversight board dubbed Ventra’s rollout a “systemic failure” and called for an audit of the fare …
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19 November
New AnywhereCommerce Card Reader is Smaller and Cheaper than Its Predecessor
AnywhereCommerce, a Montreal-based engineering firm, has released an updated version of its Nomad wireless chip-card reader that is smaller and less expensive than the inaugural version of the device, the company announced Tuesday. Nomad 2.0 uses Bluetooth wireless technology to connect with mobile devices operating on Google Inc.’s Android, Apple …
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19 November
Coin Gets Lots of Buzz, But May Get Devalued When the Euphoria Wears off, Experts Say
The Coin card, which officially launched last Thursday but is not yet available in the market, is generating a tidal wave of buzz in the press and on social-media sites but is not wowing payments experts contacted by Digital Transactions News. “It’s solving a problem that doesn’t really exist,” says …
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19 November
Senate Hearing Recognizes Bitcoin’s Strengthening Toehold in Electronic Payments
Might the Bitcoin digital currency be heading toward legitimacy among skeptical regulators and law-enforcement officials? Testimony at a U.S. Senate committee hearing Monday indicated that government may be ready to make peace with Bitcoin and, by extension, other new digital forms of payment, though if and when these new systems …
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14 November
Ingenico Debuts an EMV-Capable Mobile Acceptance Service, with U.S. Launch in 2014
Payment-terminal maker Ingenico S.A. is debuting the Roam Mobile Commerce Manager in eight nations, including the United States in early 2014. The service is currently available in Mexico, France, Belgium, Italy, Australia, Brazil, and Norway. Details about the U.S. version of Mobile Commerce Manager will be available once it launches …
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14 November
The Fed Seeks Ideas on How To Take the Tail Fins Off of U.S. Electronic Payments
How to improve the U.S. payment system? Figure out a way to make electronic payments faster and more secure, as well as a system that would connect various closed-loop payment networks with hundreds of millions accounts. And reduce regulation, too. Those were some of the ideas bandied about Thursday at …
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14 November
Isis Launches Nationwide in Face of Questions About Merchant And Consumer Adoption
Consumers with compatible smart phones now can load the Isis mobile wallet onto their devices and pay with a tap anywhere contactless payments are accepted in the United States. Isis is a payment scheme backed by wireless carriers AT&T Mobility, Verizon Wireless and T-Mobile USA. The smart-phone wallet, which …