Friday , November 22, 2024

Search Results for: emv

Just One in Four Apple Pay Transactions Come From the U.S.

Apple Inc.’s Apple Pay service continues to roll out in foreign countries, so much so that 75% of its transaction volume is coming from abroad, according to Apple’s chief financial officer. Apple Pay, which uses near-field communication technology for contactless payments with the iPhone and Apple Watch wearable device, was …

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Among Payments Fintechs, Software and Infrastructure Providers’ Stocks are the Priciest

Payments software and infrastructure companies rank third among 24 financial-technology sectors when viewed through the lens of stock price and earnings while point-of-sale device manufacturers rank 23rd, according to a new analysis from an investment firm. The study by San Francisco-based Financial Technology Partners covers scores of publicly traded global …

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Software Emerges to Ease Merger of Online And In-Store Payments Data for Merchants

As merchants and payments processors wrestle with linking e-commerce transaction data with data generated from in-store payments, vendors are starting to offer products to ease that connection. An early player is Creditcall Ltd., which on Monday introduced software that allows processors to combine data streams from a merchant’s online and …

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XPressTap Debuts Mobile Point-of-Sale Service and other Digital Transactions News briefs

Mobile-payments specialist xPressTap Inc. launched its Tap2App product that enables merchants to accept contactless card payments wirelessly using a near-field communication-equipped mobile device. American Express Co. said it now provides an integrated service to MineralTree, an accounts-payable service, to ease business-to-business payments. Payments provider Integrity Payment Systems announced a partnership with Operation First Response, a …

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It’s August. Here’s Why It Is Time for the Annual Buyers’ Guide

How often do you pause to reflect on the pace of change in the electronic-payments business? Yes, we’re all quite busy, so such moments are rare. But they are instructive. A couple of decades ago, the notion of paying merchants with a debit card linked to a checking account and …

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Vantiv’s Worldpay Bid Extended and other Digital Transactions News briefs

Payments veteran and Harbortouch founder Jared Isaacman announced the formation of Lighthouse Network LLC, a company that will provide shared services, such as payment processing, merchant-support responsibilities, and corporate functions to Harbortouch, and eventually other brands, which could be acquired through strategic means, a Lighthouse Network spokesman said. Isaacman said in a press …

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Eye on Networks: Mastercard’s Transactions Increase 17%; Pulse’s Pulse Quickens

Mastercard Inc. reported Thursday that its switched transaction volume grew 17% in the second quarter. Meanwhile, Discover Financial Services’ Pulse debit network saw volume jump 15% after growing slightly in the first quarter following a long period of decline. Purchase, N.Y.-based Mastercard said its transaction count hit 16 billion versus …

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USA Technologies Raises $43.1 Million and other Digital Transactions News briefs

Atos, parent company of France-based processor Worldline S.A., said Worldline has a deal with payment processor First Data Corp. to buy First Data’s subsidiaries in Lithuania, Latvia, and Estonia, collectively known as First Data Baltics, for €73 million ($85.1 million) in cash. The acquisition comes little more than a week …

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Digital Transactions