Friday , November 22, 2024

Citgo Readies EMV at the Pump and other Digital Transactions News briefs from 5/22/19

  • Gilbarco Veeder-Root said Citgo Petroleum Corp. released its EMV-acceptance Passport software for Citgo retailers to use in the forecourt. With this release, Gilbarco Veeder-Root said more than 70% of its Passport customers have forecourt EMV software available as upgrades.
  • At a payments conference sponsored by The American Bankers Association, the CEO of The Clearing House, developer of the Real-Time Payments service, said in regard to RTP pricing for community banks that “as we get to scale and beyond, our model is to drop pricing.”
  • Kyriba Corp., a corporate-finance services provider, launched a service through a JPMorgan Chase & Co. application programming interface that enables Kyriba clients that also are Chase clients to send real-time payments in the United States through The Clearing House’s RTP network.
  • Online-payments enabler PayNearMe noted it counts more than 5,000 clients for its services, which enable consumers without access to payment cards to make cash payments for online goods at point-of-sale terminals. 7-Eleven was among the first retailers to work with PayNearMe, which launched in 2009. In 2018, PayNearMe added payment card and automated clearing house options.
  • Mobile point-of-sale provider CardFlight Inc. said Talus Payments will sell CardFlight’s SwipeSimple technology to merchants.
  • The U.S. Faster Payments Council announced results of its first board of directors election. The Council formally launched in November.
  • MoneyGram International Inc. expanded into Canada and Chile. In Canada, MoneyGram released a feature that enables consumers to stage a transaction online to more quickly pay with cash at any Canada Post location.
  • Canadian debit network Interac Corp. and Mastercard Inc. announced a new international remittance system that will enable Canadians to send money from Canada to bank accounts internationally, starting with Europe, using the Mastercard Send push-payments service on the Interac e-Transfer platform. National Bank of Canada will be the first to test the service.
  • Boku Inc., a provider of bill-to-mobile payment services, says it will provide carrier billing and other payment options for Dazn, a live and on-demand sports-streaming service that operates in nine countries, including the U.S. Under the contract between the two companies, Dazn subscribers will be able to sign up and pay for the service using their mobile phone, broadband, and pay-TV accounts.

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