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Search Results for: pay by link

BlueSnap Notes M-Payments Increase and other Digital Transactions News briefs from 11/30/17

B2 Processing Solutions launched the B2 PINPad Drivers, a product to help merchants migrate point-of-sale applications to EMV and contactless payments. Payments provider BlueSnap Inc. said its merchants experienced a 125% increase in mobile-wallet use on Thanksgiving, 124% increases on Black Friday, the day after Thanksgiving, and a 79% increase …

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InComm Card Available in the ‘Pays’ and other Digital Transactions News briefs from 11/28/17

Research firm comScore Inc. said Thanksgiving e-commerce spending on desktop devices totaled $1.57 billion, a 22% increase from last year. Black Friday spending was $2.36 billion, a 20% increase from 2016. ComScore said 115 million consumers visited online retail sites on Thanksgiving, with 61% of them only visiting using a …

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iPayment Buys Leaders Merchant Services and other Digital Transactions News briefs from 11/22/17

Merchant processor iPayment Inc. has agreed to acquire Leaders Merchant Services, an independent sales organization that has worked with iPayment since 2004. Terms were not disclosed. Electronics maker SparkFun Electronics developed an app for Android devices that can detect the likely presence of a credit card skimmer commonly found on …

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Garmin Pay Goes Live and other Digital Transactions News briefs from 11/17/17

Consumer electronics maker Garmin International Inc. said Garmin Pay, based on Fit Pay Inc. technology, is now available to users of Garmin’s vivoactive 3 smart watch. Garmin Pay was announced in August. Fit Pay is a subsidiary of NXT-ID Inc. Automated clearing house network governing body NACHA reported that same-day …

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Real-Time Payments Create New Possibilities—And Competitive Issues

Unless there is a potential fraud issue or customer dispute, very few of the trillions of transactions that cross U.S. electronic payment networks annually attract any attention. But the first transaction on The Clearing House’s new real-time payments system was so different that BNY Mellon, the bank originator, invoked the …

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The Clearing House’s Real-Time Payments System Goes Live

The Clearing House’s much-anticipated real-time payments system, dubbed RTP, went live late Monday afternoon, ushering in a new era of faster electronic payments in the United States. The transaction between The Bank of New York Mellon Corp.’s BNY Mellon subsidiary and U.S. Bancorp’s U.S. Bank was completed at 4:59:40 p.m. …

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Affirm Launches Travel Payments Program and other Digital Transactions News briefs from 11/6/17

Consumers who want to use cash online can now load an Amazon Cash account at U.S. 7-Eleven Inc. stores by presenting cash and a personalized Amazon barcode to the cashier. Users can load between $15 and $500 in a single transaction, with no fees, 7-Eleven says. The company has nearly …

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Canada’s Interac Eases P2P Payments And Teams With Samsung Pay for Mobile Debit

Interac, Canada’s debit network, has made it easier to digitally send money direct to another bank account through its e-Transfer service by eliminating the need for recipients to answer a security question each time a transfer is made. Answering a security question validates the recipient to whom the money is …

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Apple Pay Users Double in a Year and other Digital Transactions News briefs from 11/3/17

Apple Pay users have more than doubled over the past 12 months, Apple Inc. reported, without citing a specific number. Yearly transactions have increased 330%, and more than 5 million U.S. merchant locations will be accepting the mobile-payment service by the end of the year, the company said during an …

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11th Annual The 10 Most Pressing Issues in E-Payments

Our daunting set of sticky wickets this time ranges from data breaches that just don’t stop to debit card pitfalls to travails for P2P and Bitcoin. This is Digital Transactions magazine’s 11th annual ranking of payments woes, and one lesson we’ve learned in all that time is that they don’t …

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