Thursday , September 19, 2024

Search Results for: Stripe Inc.

A Year After Adding Payment by Text Capability, Podium Launches Card Readers

Podium Corp Inc., a communications and payments provider, is adding card readers to enable face-to-face payments as well as remote payments. Announced Monday, the reader accepts EMV, magnetic stripe, and contactless payments. Podium did not say when the readers will be available or disclose their cost. Podium’s primary payment method …

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ACI’s Cash Deal with the IRS and other Digital Transactions News briefs from 3/2/21

ACI Worldwide Inc. said its ACI Payments Inc. unit will support an Internal Revenue Service initiative to allow taxpayers, including those who are unbanked or underbanked, to make cash payments through a new digital barcode feature from ACI and InComm Payments’ VanillaDirect Pay unit.P97 Networks Inc., a provider of mobile payments …

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No Time Like Now

The EMV liability shift for fuel pumps arrives next month. After two deadline extensions, is the petroleum industry finally ready? The date set for the EMV liability shift for U.S. gas pumps is finally upon merchants and the payments industry. There’s no expectation in the industry that the April 16 …

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Mobile Wallets Find In-Store Favor and other Digital Transactions News briefs from 2/24/21

In 2020, mobile-wallet usage exceeded that of cash for in-store payments for the first time, according to the annual Global Payments Report by Worldpay from FIS. The report, which canvassed 46,000 consumers worldwide, found cash usage fell 10 percentage points to account for 20% of all face-to-face transactions.Inspriration4, the civilian-crewed space mission …

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Having Exhausted Covid Scams, Criminals Are Returning to E-Commerce Fraud And Malware Attacks

Now that criminals have milked the bulk of their opportunities related to pandemic relief efforts, they are turning their attention back to their old standby, payments-related fraud. Not surprisingly, their target of choice is e-commerce, which has rocketed due to restrictions on the number of consumers allowed in physical stores and …

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Cryptocurrency Begins Its Move Up From the Minor Leagues for Mastercard And Visa

The two big card networks have made no bones about their interest in supporting cryptocurrency transactions, and this week both made big moves in that direction. The bigger move came from Mastercard Inc., which on Wednesday announced its intention to launch later this year the ability to send and receive …

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BNPL Specialist Affirm Adds 52% More Customers and other Digital Transactions News briefs from 2/12/21

Affirm Inc. said it had 4.5 million active customers in its fiscal 2021 second quarter ended Dec. 31, a 52% increase from the second quarter of fiscal 2020.Payments provider Repay Holdings Corp. said an integration with PN3 Solutions, a software provider for business-to-business payment automation, will allow PN3’s clients to complete payments to …

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Payoneer Agrees to a SPAC Merger That Will Take the Company Public

Global e-commerce payments provider Payoneer Inc. announced Wednesday morning it will go public via a merger with a blank-check company, confirming reports about a deal that first emerged last month. In the merger, which values Payoneer at $3.3 billion, the 15-year-old, New York City-based firm becomes the eighth payments-related company …

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The Megamergers’ Subtle Impact

More than a year has passed since three giant mergers promised to change the payments world. Change has come, but not where many expected to see it. Alone, any of the six companies involved in the round of megamergers in 2019 is huge. Recall that Global Payments Inc. acquired Total …

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Diebold Launches Self-Service POS Stations and other Digital Transactions News briefs from 1/26/21

Diebold Nixdorf Inc. released the DN Series Easy suite of self-service point-of-sale stations. The products employ a modular design, enabling merchants to customize the products to their needs.InComm Payments has partnered with hospitality company Delaware North to implement the InComm cashless payment solution at select sports venues where Delaware North operates food …

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Digital Transactions