Tuesday , November 12, 2024

Search Results for: pay by bank

They May Not Like the Terms, But Issuers Will Likely Re-Up for Apple Pay

The first big wave of Apple Pay contracts are expiring this month, and a big question for both Apple Inc. and the financial institutions that committed to support the computing giant’s mobile-payments app is whether to renew, and under what terms, in the face of less-than-spectacular results for mobile payments …

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Fed Names Faster Payments Work Group and other Digital Transactions News briefs from 10/13/17

The Federal Reserve released the names of 27 payments-industry executives who will serve on a work group focused on developing a governance framework for faster payments in the United States. Fifty-five percent of U.S. credit and debit card spend is now on chip cards and 96% of the top 200 …

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ProPay Expands to Australia and other Digital Transactions News briefs from 10/12/17

American Express Co. announced its Business Loans service that will provide unsecured loans of $3,500 to $50,000 for small businesses; holders of AmEx business cards can apply online and receive a decision in as little as 60 seconds, AmEx said. ProPay, a merchant-acquiring subsidiary of processor Total System Services Inc. …

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Merchants Celebrate the Durbin Amendment’s Sixth Birthday as Payments Group Sneers

The Durbin Amendment’s debit card interchange price cap took effect six years ago this month, prompting a merchant group to celebrate the occasion and claim the measure has saved consumers and merchants $48 billion. But a lobbying group of payment networks and banks derided those savings estimates and once again …

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As Event Payments Heat up, SignUpGenius Works With WePay For Ticketing Payments

SignUpGenius Inc., an event-organizing service, is now using WePay Inc. for its payment-processing services. The integration, announced Monday, means event organizers can collect payments for ticket sales, event registration, capital campaigns, and business services, SignUpGenius says. Charlotte, N.C.-based SignUpGenius says as many as 12 million persons use its online tools …

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Paying Attention to Unattended Payments

The segment could play a key role in expanding electronic payments as fewer consumers carry cash. Factors ranging from payments to technology companies to changing consumer behavior are heightening attention to unattended payments. While electronic payment acceptance in this space, which includes vending machines, parking garages, and car washes, has …

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How the Wal-Mart/Google Partnership Against Amazon Affects Payments

There are plenty of opportunities for payments providers—if they play the game right, say Rick Oglesby and Brad Margol. Major retailers fear business disruption from Apple Inc., Facebook Inc., and Google/Alphabet, but they are already locked in head-to-head competition with Amazon.com Inc., and Amazon is clearly winning. It has climbed …

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Look for the Faster-Payments Landscape To Come Into Sharper Focus in the Coming Months

There are still many unknowns, but siding and the roof are on order for the frame of the Federal Reserve’s faster-payments project. That’s the message conveyed Tuesday by Fed officials and payments-industry executives who participated in a years-long effort to speed up U.S. electronic payments as well as make them …

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Digital Transactions