Payments platform Qualpay said it is now supporting Google Pay transactions in recognition of increasing consumer usage of mobile wallets.Payments-technology provider Cardknox launched a beta version of its partner portal, intended for the use of sales partners and independent sales vendors to onboard and manage merchant-processing accounts.Digital-payments provider Payrailz has launched Action Insights, a service intended …
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Digital Transactions’ 2020 Top 10 Countdown
Count down the 10 most popular stories published in the Digital Transactions News daily newsletter in 2020. #10 Processor Paya Will Go Public Via a So-Called SPAC Merger (Aug. 3) #9 Feeling Heat, Square Explains Its New Reserve Policy (June 23) #8 After Beating Wells Fargo Twice in Court, USAA …
Read More »Retail Payments in 2021—And Beyond
New technologies like pay-by-link and click-to-pay will get a workout this year. With 2020 unlike any other year in our history, it is certainly challenging to predict what the future may hold. One thing is clear, though. There has been an extreme shift in consumer behavior, and that shift is …
Read More »Worldline/Ingenico Is Just Getting Started
Its big merger behind it, the new Worldline is flexing its muscles in the global market for processing and point-of-sale technology. As with so much else in the payments arena, scale is vital to continued success. That appears to be the case with Worldline S.A.’s $8.6-billion acquisition of Ingenico Group …
Read More »An ISO Sees Opportunity in Digital Payments for an Often Neglected Niche—Churches
Just as businesses are fast-tracking their efforts to accept digital payments as a result of the coronavirus pandemic, so too are houses of worship. Pushpay Holdings Ltd., a Redmond, Wash.-based independent sales organization, says the number of churches using its donor-management system is growing rapidly. While churches were already adopting …
Read More »Texas Grocer H-E-B Offers SNAP Acceptance for Curbside Pickup And Home Delivery
The confluence of digital payments and economic hardship during the Covid-19 pandemic has led another major supermarket chain to offer SNAP EBT acceptance through its mobile app and on its Web site for curbside pickup and home-delivery orders. H-E-B, with 329 stores in Texas and another 55 in Mexico, said …
Read More »Eye on E-Commerce: PSCU Registers Big E-Commerce Gains; Digital River Aids Manufacturers in D2C Sales
Card-not-present transactions continue to grow at financial institutions that use PSCU, a credit union service organization. In its weekly report released Monday, PSCU said CNP accounted for 55.5% of credit card purchase volume and 47.9% of transactions for the week ending Dec. 13. For debit, CNP represented 43.9% of purchase …
Read More »Scuppered Talks Between FIS And Global Payments Point to Enduring Importance of Size
Mega-merger fever hasn’t subsided in the payments industry. A combination of FIS Inc. and Global Payments Inc., which have reportedly broken off talks to merge in a deal that could be valued at $70 billion, would represent a continued push for yet more economies of scale in a business whose …
Read More »Debit Use Gains As Consumers Tread Through Uncertainty
A new report finds that debit card use is gaining favor among consumers compared to credit cards immediately following the national election in November. That’s according to The Future of Money Report 2020 from Logica Research. “This unprecedented year has uncovered contrasts between challenges and opportunities in the world as …
Read More »Bill Payments Account for One-Fifth of U.S. Consumer Spending, Research Shows
Household bill payments now total $2.75 trillion per year in the United States, accounting for 21% of all spending by U.S. consumers, according to a report released Thursday by doxo Inc., a provider of digital billing and payment services. The Seattle-based company’s research looks at bill payments via bank accounts …
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