• KeyBank announced it is supporting the Masterpass digital wallet from MasterCard Inc., which recently revamped Masterpass to stress in-store payments. • Wargaming, an online-games producer, has deployed the ReD Shield anti-fraud system from ACI Worldwide throughout Europe and now plans to deploy it globally. • WesBanco Bank Inc. will instantly issue …
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New EMVCo Device-Certification Process Could Give a Lift to NFC Mobile Payments
A streamlined approval for contactless mobile-payment devices announced Wednesday by chip card standards body EMVCo could help mobile-payments boosters realize their elusive dream that the coming of chip cards to the U.S. also will lift smart-phone-based payments. The new approval process is meant to confirm that mobile devices enabled for …
Read More »UnionPay’s QuickPass Mobile-Payments Service Makes Its North American Debut in Canada
By Kevin Woodward@DTPaymentNews UnionPay International’s QuickPass mobile-payments service made its North American debut with acceptance initiated in Canada, the company, a unit of China UnionPay, announced Tuesday. Consumers can use their UnionPay QuickPass cards, equipped with a contactless chip, or a card loaded into a mobile wallet, at contactless payment …
Read More »JetPay Reports 2Q Results and other Digital Transactions News briefs
• Prepaid card program manager Green Dot Corp. has expanded its Instant Pay disbursement program with on-demand car-hailing service Uber to enable real-time payment of driver pay to almost any Discover, MasterCard, or Visa debit card, using MasterCard Inc.’s MasterCard Send service. Up to now, Instant Pay driver disbursements were …
Read More »Revel Systems Expands QuickBooks Service and other Digital Transactions News briefs
• Mobile point-of-sale service provider Cardflight announced that processor BluePay Processing LLC is now offering the Cardflight SwipeSimple service to merchants. • Revel Systems, provider of iPad-based point-of-sale technology, and Intuit Inc. expanded an existing partnership to bring Intuit QuickBooks Point of Sale services to salon and grocery retailers. The …
Read More »EMV, Chargebacks, And Security Are Top Three Payments Challenges for Retailers
By Kevin Woodward@DTPaymentNews No bones about it, adding EMV payment card acceptance to point-of-sale systems has been a challenge for retailers. Seventy-six percent of them, in the inaugural “State of Retail Payments 2016” study, said EMV implementation was their top challenge in the past 12 months. Other top challenges from …
Read More »BlueSnap Intros Developer Tools and other Digital Transactions News briefs
• With sales of EMV payment cards to U.S. credit and debit card issuers down 55% year over year in the second quarter, card producer CPI Card Group Inc. reported that total sales fell 23% to $73.7 million. Due in part to litigation expenses, CPI booked a net loss from …
Read More »Oberthur Touts 5-Day EMV Card Production and other Digital Transactions News briefs
• A status conference in the massive credit card interchange case known as MDL 1720 is set for Thursday in U.S. District Court in Brooklyn, N.Y., in the wake of the $5.7 billion settlement in the case being overturned by an appellate court June 30. The case is returning to …
Read More »OnDeck’s Lending Volume Grows and other Digital Transactions News briefs
• The Michigan Department of Health and Human Services and its Michigan State Disbursement unit are allowing parents who choose a cash option online for child-support payments to make the payments at 7-Eleven and Family Dollar stores, with processing handled by PayNearMe. The arrangement follows a similar venture in which PayNearMe …
Read More »Contactless Payments Specialist PayRange Taps Into the Canadian Vending Market
PayRange Inc., a specialist in contactless payments for vending machines, is making good on $12 million in funding it raised last year with a couple of contract announcements. Portland, Ore.-based PayRange said Monday the Canadian National Vending Alliance, a coalition of large vending operators in Canada, will equip all vending …
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