Digital Transactions Authoritative, insightful and timely information for payments professionals
Visa Inc. raised its profile in the growing transit payments market on Tuesday with announcements that it was backing mobile payments for New York City-area commuters and was the exclusive card network for new prepaid fare cards in Los Angeles. Visa also said its payWave contactless card became usable Aug. …
Read More »DCS Launches Instant Issuance for NFC Memory Cards
Rising interest in contactless mobile payments via micro Secure Digital (SD) cards has led to the introduction of a feature that will let banks personalize SD cards for payments in a matter of minutes. The new feature, which can be used in a branch or other office, has the potential …
Read More »Eye on Mobile: Android Surges, Tyfone Closes on Financing
While Apple Inc.’s iPhone remains the iconic smart phone for mobile payments, some recent research reveals that the Android platform produced by rival Silicon Valley denizen Google Inc. is mounting a serious challenge in shipments and usage of the mobile Web. In a development with importance to e-commerce merchants and …
Read More »Broadband, Smart Phones Drive Torrid Growth for Content
While banks, card networks, and wireless carriers jockey for position in the nascent market for mobile payments at the point of sale, the digital-content business is quickly establishing itself as a fast-growing mobile-payments market. That’s thanks to the rapid spread of mobile broadband networks and smart phones, a new report …
Read More »With CertiFlash, Star Is First EFT Network to Offer Contactless
First Data Corp.’s Star Network introduced on Wednesday technology that represents the first effort by a U.S. electronic funds transfer network to adopt contactless transactions. The technology, which Star calls CertiFlash, will use chips embedded in PIN debit cards to communicate with point-of-sale readers and to generate one-time account numbers …
Read More »BofA Gives NFC on Memory Cards a Boost with Big Apple Pilot
Proximity payments using mobile phones and micro Secure Digital (SD) cards took an important step toward commercial reality in the U.S. market with the news that Bank of America Corp. will start a pilot next month in the New York area. While the news is of yet another pilot at …
Read More »Eye on M-Commerce: Google Talks to eBay; Apple Hires NFC Expert
In a move that could generate significant incremental sales on its Android Market, Google Inc. is reportedly in talks with eBay Inc. about using PayPal as a payment method for applications that run on its hugely popular Android operating system for smart phones. But the talks aren’t likely to open …
Read More »An iPhone Accessory Heats up the Push for NFC on Memory Cards
With the announcement on Monday by DeviceFidelity Inc. that it has developed a case for Apple Inc.’s iPhone that will let the popular smart phone accept a memory card, the payments industry took what some observers consider a key step toward the commercialization of near-field communication (NFC), the interactive technology …
Read More »Apriva Challenges USA Technologies in Cashless-Vending Market
The cashless vending machine payment market is about to get more competitive. Apriva Inc., a specialist in wireless payment technology, this week introduced its Apriva Vend system. With it, Scottsdale, Ariz.-based Apriva is throwing its hat into a ring dominated by USA Technologies Inc., which says it welcomes the new …
Read More »ViVOtech Says Its Contactless PIN Pad Will Pave the Way for Mobile
ViVOtech Inc., perhaps best known as a maker of readers that enable contactless card transactions, this week plunged further into the point-of-sale business with the introduction of a PIN pad capable of processing contactless payments. The device, known as the ViVOpay 8100, brings the Santa Clara, Calif.-based company into closer …
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