Sunday , September 29, 2024

Search Results for: pay by link

Buy Online, Steal in Store

In just a matter of months, this new e-commerce fraud has emerged to exploit weak or non-existent links between merchants’ online and physical stores. If you’re a retailer, what’s not to like about offering consumers the option to buy online and pick up in-store? Most customers who use the service …

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Venmo Hopes Revenues Stream in With Its Hulu Pair-Up

In a marriage of convenience, movie and TV streaming service Hulu LLC says it now accepts PayPal Holdings Inc.’s Venmo peer-to-peer payment service. Hulu could be a major win in PayPal’s ongoing effort to increase the popular Venmo’s profitability because the service will generate a recurring revenue stream. For Santa …

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USAT Lands Contactless Vending Contract and other Digital Transactions News briefs from 12/21/18

Pepsi-Cola of the Hudson Valley reached an agreement  with USA Technologies Inc. to install contactless-payment capability on 300 vending machines and to upgrade payment devices on another 1,000 machines already linked to USAT’s ePort Connect Service. Merchant processor Square Inc. agreed to lease an entire 356,000-square-foot building in Oakland, Calif., where …

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Hold on to Your Hat, Demand for Blockchain Experts Is Taking off Fast

Despite the vicissitudes of cryptocurrency, demand for blockchain developers is apparently exploding. The increase in job listings seeking those with experience in the distributed-ledger technology topped the growth rankings in LinkedIn’s 2018 “Emerging Jobs Report,” with 33 times more listings than last year, according to a Dec. 13 post from …

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Hulu Becomes Venmo’s First TV-Streaming Merchant Acceptor

Television streaming service Hulu LLC says it now accepts PayPal Holdings Inc.’s Venmo peer-to-peer payment service. Hulu could be a major win in PayPal’s ongoing effort to increase the popular Venmo’s profitability because the service will generate a recurring revenue stream. Founded in 2007, Santa Monica, Calif.-based Hulu competes with …

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Glance Inks Cash Advance Referral Deal and other Digital Transactions News briefs from 12/6/18

OnDeck Capital Inc. said it will combine its Canadian lending operations with Evolocity Financial Group, a Montreal-based online small-business lender. The combined entity will be branded OnDeck Canada. Terms were not disclosed. Mobile-payments specialist Glance Technologies Inc. announced a referral agreement for cash advances with Merchant Advance Capital L.P. Hackers …

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Upserve Launches Upserve POS and other Digital Transactions News briefs

Citing its potential effects on payments-market competition, the United Kingdom’s Competition and Markets Authority has now ordered an in-depth review of PayPal Holdings Inc.’s acquisition of Sweden-based processor iZettle AB. A PayPal spokesperson told Reuters the company is working with the CMA and plans to demonstrate the market will remain …

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Cash Still Favored by Many and other Digital Transactions News briefs from 12/4/18

Digital Check Corp. said its ScanBox by Digital Check tablet-based scanning platform is now available in North and South America following its release in other markets. In a Cardtronics plc survey of 1,000 U.S. consumers, 73% use cash regularly and 92% want a choice in how they pay. Commercial bank Signature …

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SpotOn Transact Initiates Crypto Acceptance and other Digital Transactions News briefs from 12/3/18

FreedomPay announced Nando’s, an international fast-casual restaurant chain, will use FreedomPay’s point-to-point encryption payments platform in its Oracle Micros Simphony POS system installations. Payments provider SpotOn Transact LLC agreed to offer acceptance of Bitcoin and other cryptocurrencies to merchants via a partnership with Vaultbank, a blockchain-technology firm. Kevin Jones, founder …

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Battling the Bots

There are plenty of good bots out there, but the bad ones are making life difficult for financial institutions and merchants. And it’s only getting worse. What’s to be done? To paraphrase Glinda, the good witch in L. Frank Baum’s Oz novels and the 1939 film The Wizard of Oz: …

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Digital Transactions