Monday , October 28, 2024

Search Results for: merchants

CardFlight Debuts a Customer Database Feature for Its Mobile POS Service

Merchants using CardFlight Inc.’s mobile point-of-sale app can now use a service called SwipeSimple Customers to help manage their customer data, card-on-file data, and payments, CardFlight announced Tuesday. Among the new features are the ability to create and maintain a customer database with an option to store payment card details …

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COMMENTARY: How Square’s Platform Makes Ho-Hum Products Unique

Last week payment processor Square Inc. announced its Square Installments service which provides loans of up to $10,000 to customers of its merchant clients. Like all similar services, it splits a consumer’s repayment of large purchases into fixed monthly amounts. Installment solutions are not unique in payments, far from it. But …

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Carr Co-Defendant Settles With SEC and other Digital Transactions News briefs from 10/5/18

Priority Payment Systems LLC said it is making an online installment-payment service from Sezzle available to its merchants. Sezzle pays the merchant in full, upfront, and assumes all repayment risk. A little more than one week into its managed-payments program, eBay Inc. reported it is working on adding PayPal as …

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Getting Contactless Right Demands a Lot of Basic Blocking And Tackling, Expert Panel Says

It’s no secret contactless payments have struggled in the United States, but less discussed is what needs to be done to boost usage. A paucity of dual-interface cards—EMV plastic that can either be inserted into terminals or tapped on them—is much to blame, but it turns out the answer goes …

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With a Deadline Two Years Away, Gas Pos Launches To Aid EMV Pump And C-Store Conversions

The EMV liability shift for fuel dispensers may still be two years away, but some are not waiting to get their EMV-compliant products and services installed in convenience stores and fuel stations. Gas Pos launched a service Wednesday that puts EMV-compliant card readers in fuel dispensers and in stores, all …

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COMMENTARY: How a New Ruling Sets the Stage for Surcharging in All 50 States

The national trend of merchants passing on their credit card fees continues to accelerate, aided last week by a federal court striking down Texas’s “no-surcharge” law as unconstitutional. The Texas ruling follows the defeat of no-surcharge laws in Florida and California, but it is a unique milestone: Texas is the …

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ControlScan Working With P97 Networks On M-Payments Security

P97 Networks Inc., the Houston-based company behind mobile wallets from Gulf Pay and Phillips 66, will work with data-security provider ControlScan Inc. on controls for mobile-payment services. Announced Tuesday, the deal is targeted at convenience stores and fuel retailers, quick-serve restaurants, and related merchants. Alpharetta, Ga.-based ControlScan will be tied into …

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In Effect Seven Years, Durbin’s Interchange Caps Still Roil the Waters of the Payments World

The debit interchange controls of the Durbin Amendment went into effect seven years ago Monday, and to mark the occasion the Electronic Payments Coalition issued its latest salvo in what appears to be a never-ending feud over that law. According to survey results released by the EPC, 52% of registered …

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How to Tell Which Next-Great-Thing Will Be the Next Great Thing

Separating probable success from probable failure, in four handy rules. Every October, the payments hype machine goes wild. A variety of next-great-things are about to dominate headlines and conference agendas. Most will die off quickly, so here are four rules you can use to focus in the right places: Talk …

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When Collaboration Makes Sense—And When It Doesn’t

Through the years, the network game hasn’t changed. Payment systems need volume, and that means interoperability with other networks. The key is to be smart about it. The payments world is a patchwork of overlapping and interdependent networks. For success, networks need a path or paths to critical mass. For …

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Digital Transactions