Point-of-sale

June, 2021

• 25 June

  Through an Expanded Walmart MoneyCard, Green Dot Sharpens Its Focus on Banking Services

  

  Green Dot Corp. has been steadily building its product roster in financial services for the underbanked, with the latest development emerging this week in the form of an expanded focus for the 15-year-old Walmart MoneyCard. The prepaid card, issued by Green Dot Bank and branded by Mastercard or Visa, can …
• 25 June

  EMV 3-D Secure 2.0 Use Soars and other Digital Transactions News briefs from 6/25/21

  

  Global payment transaction volume authenticated with EMV 3-D Secure 2.0 increased 1,667% in the first quarter year-over-year, according to Outseer’s latest quarterly fraud and payments report. The same type of volume authenticated with the previous version of EMV 3-D Secure increased 59% for the same period. Outseer is an authentication services provider.Payments …
• 23 June

  Besides E-Commerce, the Pandemic Also Gave Mobile Wallets And the Buy Online, Pick Up in Store Option a Lift

  

  Plenty of reports since the onset of the Covid-19 pandemic have documented how consumers have responded by shifting to e-commerce—some for the first time—but few reports break out the impact on the mobile segment of that number. It turns out the pandemic has spurred considerable shopping by mobile-phone users, as …
• 23 June

  Afterpay BNPL App Adds Large Retailers and other Digital Transactions News briefs from 6/23/21

  

  Buy now, pay later specialist Afterpay Ltd. said it is now available through its app to customers of Amazon, CVS, Dell, Kroger, Macy’s, Nike, Target, Walgreen’s, and other major brands.EVO Payments Inc. has added automated clearing house processing to its PayFabric gateway. EVO’s ACH processing can be integrated into a merchant’s Web site …
• 22 June

  KyckGlobal Enables a Cash-Payment Option for Used-Car Dealers

  

  Although the Covid-19 pandemic spurred many consumers to embrace digital payments, the need for cash acceptance— especially among merchants and lenders that service unbanked consumers—remains strong. To help fill that need, KyckGlobal Inc. on Tuesday announced a deal with Advanced Business Computers of America Inc. (ABCoA) to enable used-car dealers …
• 22 June

  Eye on Acquiring: Shift4 Reaches $1 Billion in Weekly Volume; Nuvei Recruits Discover

  

  Shift4 Payments Inc. on Tuesday announced it had reached a key milestone as it is now processing at least $1 billion per week in what it calls end-to-end payments volume. Shift4 earns more on end-to-end volume, which it processes itself, than on gateway traffic, which it passes off to other …
• 22 June

  Repay Acquires Kontrol Payables and other Digital Transactions News briefs from 6/22/21

  

  Repay Holdings Inc. announced its acquisition of Kontrol Payables, an accounts payable automation provider, for up to $11 million.Cryptocurrency-based payments processor GreenBox POS announced the launch of a pilot for its Coyni stablecoin token. Among other features, Coyni offers instant settlement as well as transaction deletions and reversals.Cryptocurrency processor Flexa Inc. said it will be …
• 21 June

  How the Semiconductor Shortage Is Putting a Crimp in Chip Card Production

  

  The global shortage of semiconductors that has impacted myriad industries that use the chips, from automakers and electronics manufacturers to defense contractors and even soap manufacturers, is poised to affect payment card manufacturers, the Smart Payment Association announced Monday.  Bottlenecks in the chip card supply have become so acute that …
• 21 June

  PayPal Sets New Online Merchant Rates As E-Commerce Booms

  

  PayPal Holdings Inc. is raising its online merchant rates in the midst of a boom in e-commerce but also reducing some fees as it keeps a wary eye on rivals such as Square Inc. and Stripe Inc. The new rates, which PayPal announced Friday, cover a sweeping range of transaction …
• 21 June

  E-Complish’s Stake in Regal and other Digital Transactions News briefs from 6/21/21

  

  Payments provider E-Complish announced it acquired an outstanding interest in Regal Technologies LLC, which provide automated clearing house and other payment services.Payments provider Shift4 Payments Inc. said it will process transactions for BetMGM, an online gaming and sports-betting platform.Payments provider ACI Worldwide Inc. said it is working with the Foundation for California Community Colleges to …