Point-of-sale

December, 2019

• 31 December

  Mercado Pago Adds PayPal Checkout Option and other Digital Transactions New briefs from 12/31/19

  

  PayPal Holdings Inc. announced it has signed a commercial agreement with MercadoLibre, a major e-commerce marketplace in Latin America. As part of the deal, PayPal will become a payment choice in the Mercado Pago online checkout for customers in Brazil and Mexico, a move PayPal says could lead to PayPal users getting …
• 26 December

  Citcon Prevails in Source Code Lawsuit and other Digital Transactions News briefs from 12/26/19

  

  Citcon USA LLC said it prevailed in a lawsuit against Canada-based RiverPay Inc. over allegations of misappropriation of source code trade secrets. Citcon, which helps North American merchants integrate Chinese mobile wallet acceptance, sued RiverPay in 2018 in the U.S. District Court for the Northern District of California because it said RiverPay …
• 23 December

  Fleetcor Contests FTC Lawsuit and other Digital Transactions News briefs from 12/23/19

  

  Fleetcor Technologies Inc., a payments processor for fleet-fueling cards and other products, issued a statement contesting a Federal Trade Commission lawsuit filed against the company Dec. 20 and asserting it will “vigorously” defend itself against the agency’s complaint in court. The FTC alleges Fleetcor charged customers “at least hundreds of millions of …
• 23 December

  COMMENTARY: What Will Digital Commerce Look Like in 2020?

  

  Hardly any industry is currently in such a state of flux as is digital commerce. Of course, it’s precisely for this reason that the participating players are particularly concerned with the trends of the future. While it’s no surprise that customers will continue to take center stage, they will do …
• 20 December

  Oklahoma’s Attorney General Says the State’s Credit Card Surcharge Ban Restricts Speech

  

  Proponents of credit card surcharging have received a Christmas present in the form of an Oklahoma attorney general’s official opinion declaring the state’s no-surcharging law unconstitutionally restricts free speech. The development means surcharge bans remain in only four states. State Sen. Michael Brooks, D-Oklahoma City, asked Attorney General Mike Hunter …
• 20 December

  Eye on Data Breaches: Big C-Store Chain Hit; More Click2Gov Attacks

  

  East Coast convenience-store and gas-station chain Wawa Inc. reported Thursday that it discovered malware on its payment-processing servers that may have affected all of its 850-plus locations. And at least two more municipalities using the Click2Gov online-payment platform recently have reported possible data compromises. Wawa, Pa.-based Wawa said it discovered …
• 19 December

  Point-of-Sale Chip Transactions Exceeded Non-Chip Payments in 2018, Fed Data Show

  

  Chip-based transactions at the point of sale totaled more than non-chip payments for the first time in 2018, just three years after the United States began in earnest to convert payment cards and point-of-sale devices to the EMV chip standard, according to the latest Federal Reserve Payments Study, released Thursday.  …
• 18 December

  Payrailz To Test Bill Pay Exchange and other Digital Transactions News briefs from 12/18/19

  

  Payrailz LLC, a payments provider for financial institutions, said it will pilot Mastercard Inc.’s Bill Pay Exchange, a real-time bill-payment service.Facebook Inc. and Alphabet Inc.’s Google unit claimed the first and second slots on Dashlane Inc.’s annual list of “worst password offenders” in 2019, Facebook for exposing passwords linked to “hundreds …
• 17 December

  Software Availability Proves To Be a Drag on Fuel-Pump EMV Upgrades

  

  Upgrading gas pumps to accept EMV chip cards is a complex affair for convenience stores and gas stations that involves installing new card-reading hardware and software, testing, and certifications. Many fuel retailers are expected to miss next October’s automated fuel-dispenser liability shift, and software is proving to be one of …
• 17 December

  How Startup Processor Paynetworx Is Benefiting—For Now—From ‘Merger Hell’

  

  As 2019 draws to a close, the year’s super mergers in the payments-processing business may be creating super opportunities for startup service providers. That, at any rate, has been the experience so far of acquiring-industry veteran Trent Voigt and his new company, Paynetwork LLC, which does business as Paynetworx. The …