Wednesday , September 18, 2024

Search Results for: blockchain

Apple’s Tap to Pay on iPhone Debuts and other Digital Transactions News briefs from 2/8/22

Apple Inc. launched Tap to Pay on iPhone, a service that enables U.S. merchants to accept Apple Pay and other contactless payment services with an iPhone and an iOS app. Long speculated, especially since Apple’s 2020 acquisition of Mobeewave Inc., which developed the ability to accept payments via an NFC link, Tap to Pay …

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Silvergate’s Deal for Diem’s Assets Caps a Troubled Saga for the Facebook-Initiated Venture

Silvergate Capital Corp. late Monday confirmed widespread reports that it has acquired assets from the stablecoin venture Diem Group. The deal, valued at $182 million in cash and stock, includes Diem’s intellectual property and “other technology assets related to running a blockchain-based payment network,” according to the announcement. The La …

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Should CBDCs Be the Next Big Thing?

Governments are moving closer to issuing digital money. That could introduce some benefits—but also many risks and complications. Central bank digital currencies (CBDCs) are coming, slowly but inevitably. They can be retail (for use by consumers and businesses), wholesale (for use between financial institutions), or both. Evangelists enthuse they’ll improve …

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Mastercard OKs Coinbase NFT Marketplace Use and other Digital Transactions News briefs from 1/18/22

Mastercard Inc. said it is enabling Mastercard-branded cards to be used for purchases on Coinbase’s upcoming NFT marketplace. NFTs, or non-fungible tokens, are digital goods.Accounting-automation company Bookkeep announced integrations with Stripe, Sage Intacct, and NetSuite. The company, which serves more than 600 retailers and restaurants, also offers links to Shopify, Square, Amazon, and …

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UST Debuts Touchless Checkout Platform and other Digital Transactions New briefs from 1/17/22

Software firm UST said it has worked with Kiosk Information Systems to introduce a touchless checkout platform that offers both voice and gesture-based interaction as well as a variety of payment flows, including QR codes, app wallets, contactless cards, and cash.Point-of-sale terminal maker Ingenico, a unit of Worldline, launched its Self-Modular POS, a …

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CBDCs Inch Closer to Wider Acceptance as the Global Card Networks Build Alliances

It was probably only a matter of time before the two global card networks, which have already made overtures to blockchain technology, began venturing into support for central bank digital currencies. News of the latest development emerged very early Thursday with an announcement from Visa Inc. and blockchain software developer …

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67% Willing To Pay with Crypto and other Digital Transactions News briefs from 1/4/22

A Cantaloupe Inc. study found that 67% of consumers who own cryptocurrency are willing to use it for purchases if it were linked to a mobile wallet. The study had responses from more than 2,000 U.S. adults.Card maker SmartMetric Inc. said it created a credit card with a built-in fingerprint sensor. The card contains …

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PayByPhone App Sees $550 Million in Annual Payments and other Digital Transactions News briefs from 12/29/21

PayByPhone Technologies said it launched its parking-payments app in 25 additional locations in 2021, including 21 cities and four universities. Globally, the app is available in more than 1,000 cities and processes more than $550 million in payments annually.Aderant, a business management software provider, announced a partnership with LawPay that will …

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Eye On Crypto: BitPay Waives Card Fees for Crypto Purchases, Humbl Adds an ACH Integration

To make cryptocurrency more accessible to the general public, BitPay Inc. on Tuesday announced a limited-time promotion with Simplex, a fiat-to-cryptocurrency gateway, to waive fees when BitPay wallet users purchase crypto using a credit or debit card. BitPay wallet users can buy the currency using the BitPay debit card or …

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Celero Acquires Everest and other Digital Transactions News briefs from 12/14/21

Celero Commerce said it acquired Everest Payment Solutions. Terms were not disclosed. With Everest, Celero will serve more than 45,000 merchants that process more than $18 billion in annual card volume.Digital ordering and payments technology, which gained prominence with the pandemic, has made customers more impatient, with 64% indicating they won’t …

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Digital Transactions