Transaction Processing

E-commerce platform 3dcart said its integration with payments provider PayJunction now includes automated clearing house transaction processing, remote signature capture, and tokenized cards on file services. In a bid to help merchants serve Japanese tourists, point-of-sale vendor Equinox Payments has added contactless support for JCB cards to its Apollo, L5000, …

Mastercard Inc. announced that consumers shopping on BJs.com, the e-commerce site for BJ’s Wholesale Club Inc., now can use its Masterpass digital wallet as a payment method. JPMorgan Chase & Co. reported that it processed $316.3 billion in merchant payment volume in the first quarter, up 15% from $274.3 billion …

President Donald Trump’s proposed 25% tariffs on about 1,300 Chinese products worth $50 billion have the merchant-acquiring industry worried. The Electronic Transactions Association, a national payments-industry trade group, joined more than 100 other organizations in signing a letter to the House Ways and Means Committee leadership expressing their “deep concern” …

The Electronic Transactions Association joined with more than 100 other groups spanning a variety of industries in signing a letter to the House Ways and Means Committee expressing concern about tariffs proposed by the Trump Administration on Chinese imports. The ETA’s concern is that a proposed tariff on cash registers …

Uber and mass-transit software developer Masabi Ltd. have struck an agreement that will allow transit tickets and passes to be displayed on Uber’s mobile app. Masabi’s apps and software systems for transit are used in 30-plus metropolitan areas, including on the Metro-North and Long Island Rail Road commuter-rail systems in …

The Dutch payments provider Adyen stole headlines in February with its agreement to be the processor behind eBay Inc.’s ambitious new payments platform, and this week news emerged that it could be ready for yet another big move—an initial public offering. The Amsterdam-based company, which maintains a U.S. headquarters in …

LevelUp announced 25 more restaurant companies as clients of its mobile-ordering and -payment app. These include national brands Smoothie King and Zaxby’s. ParTech Inc., a vendor of point-of-sale software to the restaurant and retail industries, launched PAR Pay, an EMV-capable processing solution for credit, debit, and stored-value cards. ParTech is …

The nation’s automated clearing house network is on a tear. Transaction volume grew by 6.3% for the fourth quarter of 2017 and by 5.7% for the full year, according to numbers released late Tuesday by NACHA, the governing body for the ACH system. All told, the network handled $46.8 trillion …

Data breaches at restaurants and hotels are nothing new, but a just-out report from Verizon Communications Inc. shows how extensively the hospitality industry gets hit by hackers. New York City-based Verizon, which besides telecommunications has a large business in investigating data breaches, says in its latest annual breach study that …

VeriFone Systems Inc. once again is preparing to become a privately held enterprise, according to Monday’s announcement that an investor group led by Francisco Partners has agreed to buy the point-of-sale terminal and services provider for $3.4 billion. The deal, expected to close in the third quarter, values each VeriFone …