Friday , November 15, 2024

Search Results for: card data

E-Commerce Sales up 7.5% so Far And Other Digital Transactions News briefs from 7/12/22

U.S. consumers have spent $451.7 billion online through June, a 7.5% year-over-year increase, Adobe Inc. said in its Adobe Digital Price Index.Payments association EPCOR announced its acquisition of the Central Oklahoma Clearing House Association, which includes its fraud alert and settlement service. Terms were not disclosed.Payments provider Digital River said it will integrate its Global Seller …

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Eye on Real Estate: Bank Shot Adds Digital Checks; Prometheus Launches Crypto

Mobile-payment solution provider Bank Shot has added support for digital-check acceptance in the real-estate market. The new feature will enable consumers to initiate an earnest-money or rent payment via a digital check. In addition, real-estate brokers, title companies, and property managers can use Bank Shot to pay realtor commissions. Bank …

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Xplor’s New CBD Payment Service And Other Digital Transactions News briefs from 7/7/22

Payments and commerce platform Xplor Technologies announced a new payment service for merchants that sell cannabidiol, also known as CBD, products.Dispute technology provider Chargebacks911 said it reached 1,000 integrated data connections on its platform.Payments-technology provider i2c Inc. has agreed to support fintech Marygold & Co.’s Tap to Pay debit Mastercard product.Prove Identity Inc. said its identity-verification …

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Gaming Is No Gamble

A report on the state of U.S. gaming indicates steady progress made possible by market discipline and some help from some familiar payment methods. The U.S. gaming industry continues to grow exponentially, making it a highly exciting place to be for those within it. Changes in regulation have allowed more …

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BNPL’s Bumpy Road

The buy now, pay later trend is one of the hottest in payments. But rising rates, higher inflation, and stiffer rivalry could cool things off. Few trends in payments have been as explosive as instant credit online or at the point of sale, with no interest if the installments are …

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A Look Beyond the Numbers

After two years of stupendous growth, e-commerce is slowing. But is that the whole story? The numbers don’t lie, but they don’t tell the whole story, either, about what’s changing for U.S. e-commerce sales. Consider this. E-commerce sales as a fraction of total retail sales came to 10.2% in the …

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Behind Washington’s Tougher Stance on Payments

After years of a relatively light touch, federal regulators are turning the Klieg lights on the payment industry. In some cases, their approach has been opaque, which is creating concerns that could stifle innovation. There’s an old adage inside the Beltway that says, “People Are Policy.” Since entering the Oval …

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Merchants And Issuers Are Pouncing on Inflation—But With Dueling Results

Price inflation is rising at its fastest rate since the early 1980s, and that’s prompting dueling releases from both foes and advocates of card interchange, the fee merchants pay when consumers use credit and debit cards. Merchant groups have long inveighed against interchange—also referred to as “swipe fees”—as a cost …

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In a Crowded Market, Oracle Counts on Fixed Pricing to Boost Its New Platform for Restaurants

With restaurants scrambling to launch digital-payment options and a bevy of firms eager to satisfy that demand, the technology giant Oracle Corp. on Tuesday launched its Oracle Food and Beverage Payment Cloud Service. The Redwood Shores, Calif.-based company bills the new product as standing alone in offering contactless payments and …

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LianLian Global Launches Cross Border Wallet to Iron Out Wrinkles for Small Online Sellers

E-commerce growth exploded during the pandemic, but international sales can be a challenge for small online sellers that confront challenges like currency conversions or sometimes burdensome fees. Early Monday, the cross-border payments firm LianLian Global announced its Cross Border Wallet, aimed at unraveling these challenges particularly for e-commerce merchants selling …

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Digital Transactions