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Net Element Adds Bot-Payments Support and other Digital Transactions News briefs

Merchant processor and payments-technology provider Cayan has achieved EMV chip card certification with processor Worldpay US, adding to EMV certifications with Chase, Vantiv, First Data, and Elavon. Worldpay’s parent, Worldpay Group plc, will be acquired by Vantiv in a $12 billion deal expected to close early next year. Merchant processor Net Element Inc. said its PayOnline …

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Flywire Notes Processing Volume and other Digital Transactions News briefs

Flywire Corp., a processor specializing in education payments and other cross-border transactions, said it notched “record results” over the past year in payments processed and students and institutions served. Among other results, the company said it added 300 schools, bringing its total to more than 1,300. REcoin, an emerging cryptocurrency intended …

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Finally, A P2P Payments Service for Apple Pay

Payments observers have expected Apple Inc. to add person-to-person payments to its Apple Pay mobile-payments service for almost as long as the mobile wallet has been available, and last month, the computing giant obliged. Without adding much detail, Apple announced that users of its Messages feature will be able to …

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Whatever Happened to Buy Buttons?

The buy button, which only two years ago showed much promise on social networks, has been superseded by the need to accommodate mobile shoppers. They were once thought to be a new way to spur more online transactions as consumers amped up the time they spent on social networks. But, …

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Confirming Months of Rumors, Apple Announces a P2P Service Tied to Apple Pay And iMessage

Payments observers have expected Apple Inc. to add person-to-person payments to its Apple Pay mobile-payments service for almost as long as the mobile wallet has been available, and on Monday, the computing giant obliged. Without adding much detail, Apple announced that users of its iMessage feature will be able to …

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Banks And Non-Banks Play to Their Strengths As They Eye a $1.2 Trillion P2P Market

Financial institutions and third-party providers of digital person-to-person payments may have the same goal—ubiquity of service and adoption—but they’ll have to take different paths to get there, according to “Digital Person-to-Person Payments in the U.S.: The Competitive Landscape,” a report released last week by the Aite Group LLC. The P2P …

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Digital Transactions