Friday , September 20, 2024

Search Results for: digital payments

Contactless Payments Forecast and other Digital Transactions News briefs from 7/30/18

Joe Kaplan, the chief executive of merchant processor Paya and former president of the Electronic Transactions Association’s board of directors, died unexpectedly last week, the ETA announced. Kaplan was the former CEO of Total Merchant Services and founded Innovative Merchant Solutions, which he sold to Intuit Inc. in 2003 and …

Read More »

A Future the Payments Industry Should Demand for Digital

The global networks’ ambition for streamlined e-commerce with a single buy button sounds great—until you consider all the implications and ponder the unanswered questions. Here’s an alternative approach. As consumers leverage digital channels more often for transacting, there has been a sense of optimism that new technology players offering creative …

Read More »

Electronic Payments Notes Milestone and other Digital Transactions News briefs from 6/14/18

A survey from The Fraud Practice LLC, commissioned by Kount Inc., found that Apple Pay acceptance among a group of almost 600 merchants decreased to 35% from 48% a year earlier. Google Pay acceptance dropped from 38% to 25%. Support for near-field communication, the wireless technology that enables Apple Pay and …

Read More »

Hyundai’s In-Car Payments Plans and other Digital Transactions News briefs from 6/8/18

The Korean automaker Hyundai has made agreements to let drivers pay through the car’s infotainment system for gas at Chevron or Texaco, meals from Applebee’s To Go, and parking through ParkWhiz. Other automakers working on similar payment systems include Ford for parking and vehicle service and Chevrolet and Jaguar for …

Read More »

SignUpGenius Enhances Payments Service and other Digital Transactions News briefs from 3/19/18

Only 8% of respondents in an HRC Retail Advisory survey said having the option to use a mobile payment in a store was important to them. The survey also found that 30% said being able to complete a transaction anywhere in the store was important. Event-organizing service SignUpGenius Inc. enhanced its …

Read More »

Fed Names Payments Security Leader and other Digital Transactions News briefs from 12/11/17

The first Bitcoin futures contracts began trading at 6 p.m. Eastern Time Sunday and almost right away the volume of activity crashed a Web site operated by the exchange, Cboe Global Markets Inc. After an initial run up, Bitcoin was trading around $16,500 by 10 a.m. Monday. A rival exchange, …

Read More »

More Bank Investment in Real-Time Payments and other Digital Transactions News briefs from 12/5/17

Finastra, a banking-technology services firm, announced PNC Bank, a unit of The PNC Financial Services Group Inc., is using its services as part of the bank’s participation in RTP, the real-time payments service from The Clearing House. Fifty-percent of U.S. banks plan to increase their investments in real-time payment systems in …

Read More »

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 …

Read More »

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 …

Read More »
Digital Transactions