Digital Transactions Authoritative, insightful and timely information for payments professionals
• Visa Inc. announced that its 3-D Secure 2.0 program will begin in April 2019. 3-D Secure 2.0 is a measure managed by EMVCo that shares e-commerce transaction data between merchants and issuers in an effort to thwart fraudulent transactions and approve valid ones. EMVCo released the updated spec in October 2016.
• Visa said grocer Fairway Market’s enablement of Quick Chip, a protocol that expedites EMV transactions, produced a one-second EMV chip checkout. Software integrator Index supplied the point-of-sale software update to the New York-based grocery chain. Visa said in April that 35,000 merchant locations were Quick Chip-enabled.
• Visual Orthodontics, a vendor of orthodontic practice-management software, has integrated merchant processing from Forte Payment Systems, naming the company its preferred payment provider.
• Payments provider Century Business Solutions released its EBizCharge that enables the SAP Business One HANA business-management software to accept payments.
• Point-of-sale equipment vendor Star Micronics announced it will market a technology bundle including a barcode scanner, an EMV payment device, a Star Micronics thermal printer, and an Elo touchscreen. The bundle, intended for restaurants and stadiums, can be used by customers as a self-service kiosk.
• MoneyOnMobile Inc., a Dallas-based company that offers mobile payments in India, said it does not plan to go ahead with the offering of securities contemplated by a recently filed registration statement. The company cites “current market conditions” for its decision.
