Monday , November 18, 2024

Search Results for: digital wallets

Google Aims To Leverage Its Millions of Credit Card Credentials for Mobile Commerce

Google plans soon to give merchants access to the vast trove of credit card credentials it has in its databases to speed customer checkout for mobile and online payments. The search-engine giant, however, is not putting itself in competition with payment card networks, a Google executive said this week. The …

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Seventy Percent of Millennials Have Made an In-App Purchase in the Past Year, Study Finds

Young adults are famous for their enthusiasm for new technologies, and that perception appears to be confirmed by a new study that compared adoption of in-app payments by various age groups. The recently released “2017 U.S. Mobile App Report” from Internet metrics firm comScore Inc. found that 23% of adult …

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Last Year Saw Double-Digit Drops in Fraud Rates for Debit Issuers, Pulse Study Says

There’s some good news for U.S. debit card issuers in the form of reduced fraud rates, according to the 2017 Debit Issuer Study released Monday by Pulse, the electronic funds transfer network owned by Discover Financial Services. The fraud-loss rate for signature-debit transactions fell 30% from 2015’s 2.6 cents per …

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PayPal Logs a Strong Quarter As Multiple Partnership Deals Start To Kick in

PayPal Holdings Inc. has changed in ways large and small since Dan Schulman took over as chief executive two years ago, but perhaps its biggest change is its willingness to embrace collaboration with financial institutions, payment networks, and others once seen as keen rivals. At least some vindication of that …

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PayPal Gets a Key Boost at the POS Through a Wide-Ranging Deal With Samsung Pay

In a deal that follows months of partnership agreements with other payments companies, PayPal Holdings Inc. on Monday said its PayPal service will become available as a payment method in Samsung Electronics Co. Ltd.’s Samsung Pay wallet. When it goes live, the link is expected to go a long way …

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USA Technologies Plans Stock Offering of Nearly $40 Million To Fund Growth Initiatives

Unattended payments services provider USA Technologies Inc. announced late Friday that it plans to sell $34.5 million in stock to finance growth initiatives, including possible acquisitions and international expansion. Malvern, Pa.-based USAT filed a registration statement with the Securities and Exchange Commission giving details about the proposed sale, for which …

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