Wednesday , October 23, 2024

Search Results for: worldpay

AmEx Extends Fuel-Pump EMV Liability Shift Date and other Digital Transactions News briefs from 5/5/20

American Express Co. tells Digital Transactions News that it is postponing its EMV liability shift for automated fuel dispensers by six months, until April 16, 2021. The move comes four days after Visa Inc., citing the problems created by the Covid-19 pandemic, notified the fuel-retailing industry that it was postponing its October 2020 …

Read More »

eBay Names Walmart Exec as New CEO and other Digital Transactions News briefs from 4/14/20

EBay Inc. named former Walmart Inc. executive Jamie Iannone chief executive officer, effective April 27. Iannone, who will succeed interim CEO Scott Schenkel, most recently served as chief operating officer of Walmart eCommerce and was at one time chief executive of SamsClub.com. EBay indicated earlier this year it has plans to …

Read More »

Womply Data Show How the Coronavirus Has KO’d Many Merchants

New findings from a software and business-services provider that examined what happened at thousands of small businesses last week show the damage the coronavirus, or Covid-19, is inflicting on merchants. San Francisco-based Oto Analytics Inc., which does business as Womply, looked at payment card data from its merchant-acquiring partners, data …

Read More »

Familiar Names Dominate New Rankings of U.S. Merchant Acquirers, With Chase Retaining the Lead

JPMorgan Chase & Co. led U.S. merchant acquirers last year with $1.51 trillion in dollar volume processed, according to new industry rankings announced Wednesday by The Strawhecker Group. Long a powerhouse in acquiring, Chase led 2018’s rankings with $1.4 trillion in volume. Retaining second place last year was Worldpay, with …

Read More »

Perk Adds Alipay Support and other Digital Transactions News briefs from 3/5/20

Perk Labs Inc. announced an agreement with Alipay that will enable Alipay users to make payments on the Perk platform.EVO Payments Inc. said it will offer the Nexgo Inc. N5 Android smart point-of-sale terminal.Certemy Inc., a professional certification and licensing management platform, introduced new payment gateway options, including Stripe Inc., PayPal Holdings Inc., …

Read More »

USAT Names CEO and other Digital Transactions News briefs from 3/2/20

Donald W. Layden Jr. has been appointed chief executive of USA Technologies Inc., a specialist in unattended payments. Layden, who has been serving as interim CEO since October, will continue to serve on the company’s board but will step down as executive chairman. Among other moves at the board and executive …

Read More »

In the Wake of the Mega-Mergers

2019 saw three of the biggest combinations in the history of the electronic payment business. The deals closed months ago. What happens now? Gotten over merger shock yet? Well, fasten your seat belt. The effects from last year’s trio of mega-combinations are likely to ripple through the payments industry for …

Read More »

COMMENTARY: Worldline And Ingenico: The What, the Why, And What’s Next? Part I

Worldline S.A.’s $8.6 billion bid to buy Ingenico Group S.A. would create a Gallic champion to take on America’s processing titans—Fidelity National Information Services Inc. (FIS), Fiserv Inc., and Global Payments Inc.—all of which have significant European businesses, though none has made headway in the Continent’s second-largest payment market, France.  …

Read More »

Cafe Settles Surcharging Case and other Digital Transactions News briefs from 2/27/20

A Wichita, Kan.-based restaurant chain will settle for more than $60,000 a case alleging it illegally added 4% surcharges on credit card transactions, The Wichita Eagle reported. Kansas is one of the four states that prohibit credit card surcharging.Big U.S. banks are providing the best payments-acceptance experience for merchants, but non-banks such as PayPal Holdings Inc. and Square …

Read More »

Western States Names Officers and other Digital Transactions News briefs from 2/21/20

The Western States Acquirers Association announced Jason Putnam, a TIB-The Independent BankersBank executive, is president for 2020, having been a board member for the past 11 years. Deborah Camm, a Merrick Bank executive, is the vice president. Chase Oelkers of Folium Biosciences and Scott Defazio of Fiserv were elected directors. John Newton …

Read More »
Digital Transactions