Prepaid card and payments specialist InComm announced it is adding 150 jobs and investing more than $20 million in the Atlanta and Columbus, Ga., areas. The moves follow its acquisition of the distribution rights to American Express Co.’s reloadable and gift card products, and the purchase of the AmEx Serve platform. …
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Contactless Payments Continue To Gain Share on London’s Transit System
Contactless point-of-sale debit and credit card transactions are barely a blip on the U.S. payments screen, but on London’s vast public-transportation system, payments from contactless cards or smart phones now account for half of all pay-as-you-go fares on subways and rail lines, system operator Transport for London reported Tuesday. Contactless …
Read More »Australia Post Select U.S. POS System and other Digital Transactions News briefs from 4/24/18
Boston-based OneView Commerce announced that Australia Post signed a multiyear software-as-a-service agreement to use OneView’s Cloud POS service. Payments provider Merchant e-Solutions released an updated version of its payment-acceptance extension for the Magento e-commerce platform. Payouts company Transpay said outbound payments from the United States to other nations increased 93% …
Read More »Laundry Payment App Debuts and other Digital Transactions News briefs from 4/23/18
Ready, a company specializing in self-pay software for restaurants, has teamed with Squirrel POS, a supplier of point-of-sale software to the same industry, to allow customers to view, split, and pay their tab on their mobile phones. Automatic Laundry, which provides laundry-management services for multitenant buildings, announced the LaundryConnect Pay …
Read More »RealPage Buys ClickPay and other Digital Transactions News briefs from 4/20/18
RealPage Inc., a vendor of software and data analytics to the real-estate business, has agreed to buy ClickPay, a payments processor for rent and other housing receivables, for $218.5 million in cash and stock. The deal is expected to close within the next six months. Infinicept, a company that offers services to …
Read More »7.1 Billion EMV Cards in Circulation and other Digital Transactions News briefs from 4/19/18
NCR Corp. is the top provider of multivendor software for ATMs globally, according to U.K.-based research firm RBR. The company controls 32% of the installed base of 1.3 million machines running the software, 12 points higher than the second-place vendor. EMVCo, the chip card standards organization owned by the major …
Read More »MagTek Launches E-Signature Service and other Digital Transactions News briefs from 4/18/18
Netherlands-based processor Adyen reported that it generated $1.14 billion in revenue last year, up $400 million over 2016, on merchant volume of $122 billion, up 61%. Recent press reports have speculated that Adyen, which has U.S. operations headquartered in San Francisco, is considering an IPO. Shares in online marketplace eBay …
Read More »Ingenico Releases Tablet-Based ECR and other Digital Transactions News briefs from 4/17/18
Point-of-sale terminal maker PAX Technology said processor Worldpay Inc. now supports its handheld A920 POS terminal. Ingenico Group released the Moby/C150 electronic cash register, an EMV-compatible tablet point-of-sale system. VeriFone Systems Inc. said it is using AES DUKPT, a security key management standard, in its encryption service VeriShield Total Protect, in …
Read More »Equinox Adds JCB Contactless Support and other Digital Transactions News briefs from 4/16/18
E-commerce platform 3dcart said its integration with payments provider PayJunction now includes automated clearing house transaction processing, remote signature capture, and tokenized cards on file services. In a bid to help merchants serve Japanese tourists, point-of-sale vendor Equinox Payments has added contactless support for JCB cards to its Apollo, L5000, …
Read More »Coinstar in Bill-Pay Deal and other Digital Transactions News briefs from 4/12/18
The Electronic Transactions Association joined with more than 100 other groups spanning a variety of industries in signing a letter to the House Ways and Means Committee expressing concern about tariffs proposed by the Trump Administration on Chinese imports. The ETA’s concern is that a proposed tariff on cash registers …
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