Digital Transactions Authoritative, insightful and timely information for payments professionals
Apriva Inc., a major processor of payment transactions from vending machines, this week told machine owners that it is working to assure their card-acceptance costs will remain stable despite the uncertain status of a program it has with Visa Inc. that gives them an interchange break if they install hardware …
Read More »Search Results for: pay by bank
Merchants Zero in on Payments
By John Stewart and Jim Daly Having beaten the banks on debit card pricing, they’re now staking out positions on mobile payments and chip cards. This could be the start of the decade of the merchant in the business of consumer payments. Who controls consumer …
Read More »E-Commerce: The Less Obvious Impacts of Durbin on Bill Payments
By Bill Kinnelly and Anthony James Most of the talk about the Durbin Amendment centers on debit interchange controls, but the sweeping measure must be considered in full and in relation to other costs. As we enter the Durbin Era of debit card processing, much …
Read More »How Mobile Deposit Capture Is Expanding with Large And Small Banks Alike
Two very different financial institutions are adding or expanding their mobile remote deposit capture services to meet what they say is growing customer acceptance of the new banking channel that removes paper from the payments system and hitches banks and credit unions onto the rising smart-phone star. On the …
Read More »Google, PayPal Present Competing Visions for Replacing Cards with Mobile Devices
n n n n n n n n n n
Read More »Shazam And Adaptive Payments Unveil PIN-Debit Acceptance on Smart Phones
One week after announcing it is testing dual-message PIN debit, the Shazam debit network said on Tuesday it will introduce later this year a product that will let merchants accept PIN debit transactions on smart phones. The product, developed by Fort Lauderdale, Fla.-based authentication-technology vendor Adaptive Payments, comes as networks …
Read More »Volatile Markets Hammer Payments Stocks, But Prepaid Players Most of All
The wild trading on stock markets worldwide over the past week has left U.S. payments-industry shares battered and bruised, though they made a mild recovery Thursday morning. Worst hit are shares of prepaid card companies, though networks, processors, and money-transfer providers are feeling the pain too. A Digital Transactions …
Read More »Mobile-Payment Apps Store And Leak Critical Data, Security Expert Says
n n n n n n n n
Read More »Smart Phones Sell Like Hotcakes, But Mobile Banking Cools off
n That’s the conclusion of a report released this week by Javelin Strategy & Research, Pleasanton, Calif. In it, Javelin analyst Philip J. Blank notes that mobile-banking adoption among smart phone users has leveled off even though consumers continue to snap up the gadgets at a furious rate. A …
Read More »Rosy Predictions Aside, Mobile Payments Boom Still Years off, Experts Say
n n n n n n n n n
Read More »