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PayPal Ending U.S. Pay After Delivery; First Data Adds More Alipay Merchants; Online Fraud Grows
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More First Data Merchants To Accept Alipay
Alipay, the mobile-payment service used by 600 million consumers, and processor First Data Corp. are expanding the number of U.S. merchant locations that can accept the China-based payment method in stores, Alipay announced Monday. The expansion comes nearly a year after the two companies said First Data would move Alipay …
Read More »Network Merchants Closes Creditcall Acquisition and other Digital Transactions News briefs from 3/5/18
Network Merchants LLC, a technology provider for independent sales organizations, acquirers, and independent software vendors, closed its previously announced acquisition of gateway and EMV technology provider Creditcall for an undisclosed price. Digital cross-border person-to-person remittances will total $300 billion by 2021, up from an estimated $225 billion this year, according …
Read More »7 Million Square Cash Users; Integration Issues for Worldpay; Merchants Eye Checkout Improvements
Merchants Eye Checkout, Financing, and Mobile Investments in 2018, Says Vyze
Many merchants—98%—are looking to make investments in their checkout systems this year, finds the Merchant Credit Survey from Vyze Inc., a consumer financing provider. Investing in financing programs ranked high, with 97% saying they anticipate focusing on financing and credit options. Most merchants—92%—plan to make mobile app and mobile Web …
Read More »With Unified Token Management, Visa Seeks To Enable Omnichannel Commerce for Merchants of All Sizes
Visa Inc. launched Token Management Service, a service it says will make it easier for users to manage tokenized payment card data from multiple sources and across multiple channels, the card network announced Thursday. Designed to complement the Visa Token Service, the new program provides a way for merchants to use …
Read More »Don’t Know About TLS? You, and Your Merchants, Soon Will
A July 1 PCI Security Standards Council deadline is prompting payments providers to act well before then, with many establishing their own compliance deadlines in February. What has provoked this eagerness? It could be that noncompliance with the PCI mandate could halt merchant transactions that rely on the Internet. The …
Read More »Why We’re Offering Cryptocurrency Solutions to Merchants
Solutions are coming for slow speeds and high fees, says Eric Brown, who argues that even now the advantages for merchants are too good to pass up. Unless you spent last year living under a rock, you know that cryptocurrency is a sizzling-hot topic right now. Bitcoin’s price and daily …
Read More »Lighthouse Buys Shift4 and Takes Its Name; Zelle’s Small-Screen Debut; Merchants and Signatures
National Merchants Association Eyes London Expansion and other Digital Transactions News briefs from 1/9/18
First American Payment Systems LP launched 1stPayPOS Pro, a tablet-based point-of-sale system that uses an Android-powered device to accept multiple payment methods, including EMV and Apple Pay and Google Pay. Payments provider National Merchants Association said it plans to open an office in London after it obtains a payment-facilitator certification …
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