Digital Transactions Authoritative, insightful and timely information for payments professionals
The idea of merging financial-services kiosks with ATMs will be tested this spring when Info Touch Technologies Corp., operator of the TIO kiosk network, and ATM deployer Cardtronics Inc. begin driving some 40 machines specially fitted to dispense cash withdrawals and perform kiosk functions such as bill payments. The machines …
Read More »Search Results for: kiosks
Accelitec Lays Technical Groundwork for PayPilot Expansion in ’06
Accelitec Inc., a Seattle-based company that last year launched a contactless-payment system aimed at merchants rather than banks, says it is preparing for expansion this year by smoothing integration with existing merchant networks. The company's PayPilot product is in beta with an unidentified merchant, and officials say they expect to …
Read More »Survey: Interest in Micropayments Rising Fast Among Consumers
The willingness of U.S. consumers to use credit or debit cards to buy things like cups of coffee or cans of soda is rising fast, according to a survey being released this week at a conference in New York on micropayments, or transactions for less than $5. Some 21% of …
Read More »First American Buys Govolution, Enters Booming Bill-Pay Market
Consolidation in the rapidly growing electronic bill payment business continued today with the acquisition of Govolution Inc. by Fort Worth, Texas-based processor First American Payment Systems LP. The deal, terms of which were not disclosed, hands First American an immediate stake in the business of processing taxes, fines, permit fees, …
Read More »Authorize.Net Focuses on Selling IP Expertise for ‘Non-Traditional’ Devices
After a year of trying to sell itself as a transaction gateway for brick-and-mortar merchants, Authorize.Net Corp. says it has learned one important lesson: when it comes to the point of sale, any Internet-enabled device is capable of being a POS terminal. As a result, the American Fork, Utah-based processor, …
Read More »ATMIA Sets up New Group to Tackle Prepaid, Other Debit Card Issues
Card issuers' uncertainties surrounding such issues as prepaid debit, debit card fraud, and the future flow of interchange income have led a major ATM industry trade group to form a new organization to represent issuers' interests. The Debit Council of the ATM Industry Association held its first meeting today at …
Read More »Why Piggly Wiggly Decided to Roll Out Biometric Payments
Piggly Wiggly Carolina Co.'s decision to roll out a biometric payment system to all 85 stores in its chain was driven by both transaction-cost savings and customer interest, a senior executive for the Charleston, S.C.-based grocer says. In related news, Pay By Touch, the San Francisco-based company whose system Piggly …
Read More »Northwest Doubles Web-Based Ticket Sales in 2004
Northwest Airlines Inc. is enjoying a breakthrough year in electronic ticket sales. The St. Paul, Minn.-based air carrier, the fifth largest in the world, is booking between $4 million and $6 million a day in ticket sales through its Web site, twice the volume the airline's site accounted for a …
Read More »How Livewire Plans to Use ATMs to Expand Its Network 10-Fold
Livewire International Inc., a York, Pa.-based software company with about 100 kiosks and other devices on its network selling items like ski-lift tickets, has teamed up with at least one ATM manufacturer and plans to make agreements with several more to sell tickets through ATMs in supermarkets and convenience stores. …
Read More »Why the U.S. Is a Low Priority for Canada’s Dexit
Dexit Inc., a Toronto-based processor of stored-value transactions using radio-frequency identification (RFID) technology, is expanding nationally in Canada and will begin processing transactions in other parts of the world next year?but not in the U.S. any time soon. Dexit, which allows consumers to use chip-embedded keychain “tags” to tap accounts …
Read More »