Mobile payments are on the radar for many airline executives. Fully 72% of North American airline executives responsible for revenue, finance, payments, and commerce, said the increase in customers using mobile payments and mobile banking is a factor in deploying digital wallets and alternative-payment methods, finds a new survey from …
Read More »Search Results for: digital payments
Vantiv Buys Paymetric and other Digital Transactions News briefs
• Processor Total System Services Inc. (TSYS) reported its revenues grew 60.2% year-over-year in the first quarter, to $1.2 billion from $739.4 million. Net income attributable to common shareholders was $105.9 million, up 16.8% from $90.6 million. For 2017, the company is raising its total revenue and net revenue guidance by …
Read More »FIS And TCH Prep a Real-Time Payments Incubator for Banks And Credit Unions
As the U.S. payments industry prepares to adopt real-time payments, supporters are readying their services. The latest entry is the duo of Fidelity National Information Services Inc. (FIS) and The Clearing House Payments Co. LLC, which announced Tuesday an incubator in which banks and credit unions can take their first …
Read More »Tying Digital Identity to the Blockchain and other Digital Transactions News briefs
• Merchant processor Elavon Inc. announced it has added online storefront technology from 3dcart for e-commerce merchants and online-ordering capability for the talech point-of-sale tablet. • Peer Ledger, a Canadian blockchain company, said a study it conducted shows digital identity can be tied to the blockchain, the technology underlying cryptocurrencies such as Bitcoin. …
Read More »A Canadian Car-Services Operator Chooses Contactless-Only Payments
Unattended tire-inflation and vacuum services for cars long have accepted credit and debit cards as well as cash. Now, one provider, Irving, Texas-based AIR-serv, is taking that a step further by making contactless payments the sole option at more than 6,500 locations throughout Canada. Payments provider MONEXGroup says it is …
Read More »Santander Adds Apple Pay Support and other Digital Transactions News briefs
• Santander Bank N.A. announced it is now supporting Apple Pay for its Mastercard credit and debit cards. • Healthy Solutions for Pets, a pet-supplement company, has hired Orderhouse to build an e-commerce store. Orderhouse’s services include technology, fulfillment, and payments. • Vantiv Inc. will provide ATM and debit and credit card processing …
Read More »Apriva Receives EMV Certifications and other Digital Transactions News briefs
• Mastercard Inc. said it has completed testing of a biometric-enabled payment card in South Africa. The card contains fingerprint scanning technology. Cardholders enroll their fingerprints at their financial institutions, which are then stored as a digital template on the card. The card can be used in an EMV point-of-sale terminal. Mastercard …
Read More »USA Technologies in Ingenico Deal and other Digital Transactions News briefs
• USA Technologies Inc. announced it will work with point-of-sale terminal maker Ingenico to make Ingenico contact-EMV hardware available to providers of vending machines and other unattended terminals that use USAT’s network for contactless payments. • In related news, Mastercard Inc. said it is making its Masterpass digital wallet available for purchases …
Read More »POS Portal Simplifies Vantiv Device Distribution and other Digital Transactions News briefs
• Wireless payments specialist Apriva announced a new vending payment product for Canada that enables contactless payments and chip card transactions. • Point-of-sale equipment and services distributor POS Portal announced that it and processor Vantiv Inc. have simplified the equipment-distribution process for merchants, value-added resellers, and independent software vendors using the processor’s services. • Credit-union …
Read More »Euronet Promises MoneyGram Bid Review and other Digital Transactions News briefs
• In the wake of a rival bid from Euronet Worldwide Inc., Ant Financial Services Group increased its offer for MoneyGram International Inc. from $880 million to $1.2 billion, or from $13.25 per share to $18. Euronet offered $1 billion for MoneyGram after Ant made its original bid. A special MoneyGram …
Read More »