White-label buy now, pay later provider Splitit Payments Ltd., introduced on Tuesday SplititExpress, a checkout experience that enables consumers to complete checkout in less than two seconds, compared to one-to-two minutes for other BNPL applications, Splitit says. The new feature also supports installment payments via Google Pay and Apple Pay. …
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The ACH And Debit Top the Growth Charts, According to the Latest Fed Study
Payments analysts looking for where the growth is can find it in the automated clearing house network and in debit cards. With respect to transaction volume, no U.S. payment system grew faster over the three years from 2018 to 2021 than the ACH, which posted a compound annual growth rate …
Read More »Looking to North American Expansion, the U.K.’s Miura Launches an Android POS Device
The United Kingdom-based point-of-sale technology specialist Miura Systems has launched its latest payment device, an Android-based terminal called the Miura Android Smart POS, or MASP. It’s the latest payment-acceptance device aimed at independent sales organizations and other third-party resellers to take advantage of the open-source capabilities of the Android operating …
Read More »Square Launches Tap to Pay for Android in the United States And Five Other Markets
Square, the point-of-sale and e-commerce unit of Block Inc., Wednesday announced the launch of Tap to Pay on Android for merchants in the United States, Australia, Ireland, France, Spain, and the United Kingdom. The technology will enable Square merchants to accept contactless payments with a compatible Android device, such as …
Read More »GoDaddy Enables Small Merchants to Ditch the Dongle With the Addition of Tap to Pay for iPhone
Web registrar GoDaddy Inc. continued its push into payments Monday by adding Apple Inc.’s Tap to Pay on iPhone to the GoDaddy Mobile App. The inclusion of Tap to Pay on the GoDaddy app will enable small businesses to accept contactless payments on an iPhone without a dongle. Merchants need …
Read More »NCR Investigates a Ransomware Attack And Other Digital Transactions News briefs from 4/17/23
NCR Corp. said it is investigating a ransomware incident affecting one of its data centers and its Aloha cloud-based services for the hospitality industry. Its ATM, digital banking, payments and other retail services are not impacted. Huntington National Bank said it has extended Huntington ChoicePay to payments in higher education and business services. …
Read More »As P2P Transfers Rise Via Apps, Visa Responds With an Interoperability Play
The payments industry continues to reckon with the myriad ways the pandemic has permanently reshaped how people pay businesses and other people. One key example is how individuals are paying each other compared to just a couple of years ago, and how payment networks are responding. In just the two …
Read More »Visa+ P2P Service in Tests And Other Digital Transactions News briefs from 4/11/23
Visa Inc. announced a pilot for Visa+, a service that allows users to move payments between rival peer-to-peer payments networks. The pilot, set to launch later this year, will begin with transfers between PayPal and Venmo, a PayPal-owned network, but plans are to include P2P services DailyPay, i2c, TabaPay, and Western …
Read More »COMMENTARY: How Payments Have Boosted the Customer Experience
When you’re pressed for time, there’s probably a handful of neighborhood stores where you shop regularly. You can depend on them in those hurried moments, whether it’s the small retailer that stocks your favorite items, the local coffee shop that knows just how you like your coffee, or the mobile …
Read More »Euronet’s epay Unit Unveils ‘No-Code’ Service for Flagging Fraudulent Transactions
Payment processor Euronet Worldwide Inc. on Wednesday announced a new fraud-monitoring service called Skylight the company says will enable analysts to write rules for monitoring suspicious transactions without needing to change software coding. The cloud-based service comes from Euronet’s epay division and runs on Microsoft Corp.’s Azure and Amazon.com Inc.’s …
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