Digital Transactions Authoritative, insightful and timely information for payments professionals
TNS Defers EMV Fuel Pump Fees; Eager Consumers Buoy Merchant Volume; Plus Weekly Recap
Search Results for: emv
As a Deadline Nears, TNS Offers Deferred Payments for Installing EMV at the Pump
With gas stations and convenience stores feeling the economic pinch from the slowdown in sales caused by the Covid-19 pandemic and uncertainty over the economy, Transaction Network Services Inc. announced a new pricing structure to help cut station owners’ telecom-network installation costs for EMV at the pump. Transaction Networks Services (TNS) …
Read More »Some EMV Fuel Pump Progress; Parking Finds a Place in the Car; Worldline/Ingenico Deal Moves Ahead
Six Months From Deadline, Large C-Store Chains Are Still Lagging on EMV at the Pump
As the deadline inches closer for gas stations and convenience stores with fuel pumps to install in-pump EMV card readers, the good news is that c-stores are making steady progress. Overall, 31% of c-stores report not having any pump EMV-ready, down from 52% in the spring and 70% in 2019, …
Read More »The PureWrist Go Bracelet Launches With Contactless EMV And Prepaid Funding Capability
PureWrist, a contactless-transaction technology provider, on Thursday debuted PureWrist Go, a reloadable flexible bracelet with an embedded EMV chip that allows consumers to make prepaid contactless transactions. PureWrist GO, which retails for $25, plus the amount preloaded on to device, is the flagship product on the PureWrist platform. New York …
Read More »One-Third of Fuel Retailers Are Unlikely To Meet the April 2021 EMV Deadline, a Survey Reveals
With less than a year to go before gas stations are scheduled to become EMV-compliant at the pump, readiness among fuel merchants remains uneven. A recent study by Naples, Fla.-based ACI Worldwide reveals 47% of major petroleum merchants remain unprepared to meet the deadline and 20% are still in the …
Read More »FedNow Real-Time Payments Tests Begin Next Year; Easing EMV Pain at the Pump; Plus Weekly Recap
With a Compliance Deadline Looming, Technology Emerges to Ease Gas Pump EMV
Sound Payments Inc., a multichannel technology provider that offers point-of-sale solutions for the petroleum industry, expects its partnership with National Retail Solutions, a subsidiary of IDT Corp., to accelerate adoption of EMV at in-pump card readers among independent gas stations and convenience stores. Sounds Payments argues its EMV in-pump card …
Read More »ACH Payments Up 8%; Zelle Usage Booms at BofA; EMVCo’s New Travel Authentication Guidelines
EMVCo’s New Travel Authentication Guidelines and other Digital Transactions News briefs from 7/16/20
Standards body EMVCo has developed guidelines on how the travel industry can provide data to payment card issuers to better verify the authenticity of an e-commerce transaction using current authentication processes. The guidelines are an extension of EMVCo’s 3-D Secure messaging protocol.The number of data breaches in the United States dropped by approximately one-third in the …
Read More »