Digital Transactions Authoritative, insightful and timely information for payments professionals
• EDGE Mobile Payments LLC, which offers a card-consolidation device, said it is offering users of the former Coin card a discount on the purchase of its EDGE Card. Fitbit Inc. purchased Coin in 2016, and the service was shuttered earlier this year. • PayPal Holdings Inc.’s dominance in e-commerce payments …
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Beyond Payments With Bob Carr
For former Heartland Payment Systems Inc. chief executive Bob Carr, the next venture goes beyond simply making money. Carr led the $4.3 billion sale of his old company to Global Payments Inc. in April 2016. But rather than ride off into a comfortable retirement, Carr is back with his latest …
Read More »Beyond Payments With Bob Carr
For former Heartland Payment Systems Inc. chief executive Bob Carr, the next venture goes beyond simply making money. Carr led the $4.3 billion sale of his old company to Global Payments Inc. in April 2016. But rather than ride off into a comfortable retirement, Carr is back with his latest …
Read More »An Approaching P2P Payments Upswell?
A survey for megabank Bank of America Corp. indicates that consumers of all ages are ready to embrace electronic person-to-person payments. BofA’s latest Trends in Consumer Mobility Report, released last month, found that 36% of all respondents use a P2P payments service. Market-research firm Convergys queried for the bank 1,005 …
Read More »iPayment Launches Gateway and other Digital Transactions News briefs
• Marking an end to American Express Co.’s cobranded card losing streak, hotel chain Hilton Worldwide Holdings Inc. named AmEx as its exclusive credit card issuer effective Jan. 1, according to Bloomberg. AmEx and Citigroup Inc., which took over issuance of the Costco Wholesale Corp. cobranded card from AmEx a year …
Read More »Android Pay Debuts for Canadian Debit and Credit Card Payments
The Android Pay mobile-payments service from Alphabet Inc.’s Google unit is now live or about to go live in Canada, payments companies and media outlets reported Wednesday. Canada’s Interac Association national debit network said that its Interac Debit service will be available for Android Pay mobile payments beginning June 5 …
Read More »Breach Confirmed at Most Chipotle Locations and other Digital Transactions News briefs
• PayRange Inc., which specializes in mobile payments for vending machines, has extended its service to coin-operated laundry machines. The service is available for Speed Queen and Maytag machines, with other makes to come, the company said. • Quick-serve restaurant chain Chipotle Mexican Grill Inc. updated consumers about a breach of its point-of-sale system …
Read More »NAB CEO Offers Details on TMS Acquisition and other Digital Transactions News briefs
• North American Bancard Holdings Inc. and Total Merchant Services Inc. will retain their unique brands and products in the immediate future following NAB’s acquisition of TMS, said NAB chief executive Marc Gardner. NAB announced the TMS acquisition last week. “The TMS brand will remain intact, its sales staff remains as …
Read More »Shift4 Founders Make a Shift and other Digital Transactions News briefs
• Phillips 66 Co. moved closer to the launch of its mobile-payments service for fuel purchases with the unveiling of its mobile-commerce platform developed in conjunction with P97 Networks Inc. and JPMorgan Chase & Co.’s Chase Pay. • Payment gateway Shift4 Corp. announced its cofounders, J. David Oder and Katherine Oder, are entering …
Read More »Cayan Announces Squirrel Deal and other Digital Transactions News briefs
• Forty-seven states and the District of Columbia reached an $18.5 million settlement with Target Corp. over its 2013 data breach, the Illinois Attorney Generals office announced. The breach affected more than 41 million payment card accounts and the contact information for more than 60 million consumers, the attorney general press release …
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