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Search Results for: merchants

Veem Now Offers Working Capital and other Digital Transactions News briefs from 3/9/18

Cross-border payments provider Veem announced it now offers working capital to merchants through a deal with merchant-financier BlueVine. Payments provider Bluefin Payment Systems LLC said its services will be available to users of practice-management software from Rev360 that is designed for use in eye-care practices. Payments provider Century Business Solutions …

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VeriFone’s Services Side Grows as Its North American Petroleum Business Struggles

VeriFone Systems Inc.’s North American revenues dipped sharply in the quarter ended Jan. 31, but the point-of-sale terminal and payment software provider nonetheless said it exceeded its financial expectations as software and services sales rose even as hardware sales fell. San Jose, Calif.-based VeriFone on Thursday reported total revenues of …

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E-Commerce Specialist Stripe Snaps up Faster EMV Developer Index in Multichannel Play

The search by online-payments kingpins for avenues into physical-world stores reached a new milestone with the acquisition by Stripe Inc. of point-of-sale technologist Index Inc. Terms of the deal were not disclosed, according to an Index spokesperson, who added the company has no immediate comment on the transaction. A Stripe …

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Making Mobile Better for Consumers May Be Worth the Investment, Worldpay Survey Indicates

Merchants wondering whether it’s worth it to invest in improving the consumer experience on their mobile Web sites or mobile-shopping apps may want to consider the findings of Worldpay Inc.’s “Mobile Payment Journey” survey. In the survey, released this week, 37% of U.S. consumers said they would spend more for …

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A Trio of States Are Now Looking at Cryptocurrency for Tax Payments

Bitcoin as a payment method may have its critics, but apparently some state governments looking for new ways to collect taxes aren’t too concerned. Illinois is now the third state to introduce legislation that would clear the way for citizens to pay their obligations with cryptocurrency, joining Arizona and Georgia. …

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WePay Deal Could Put TouchBistro’s POS Service on the Payment Menus of More U.S. Restaurants

Some 12,000 restaurants in 100 countries already use Toronto-based TouchBistro Inc.’s iPad-based point-of-sale software, but a new agreement with JPMorgan Chase & Co.’s WePay subsidiary could put TouchBistro in touch with many more U.S. eateries. TouchBistro and Chase on Tuesday unveiled TouchBistro Payments Powered by WePay, which will launch this …

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Paysafe Will Be the First ISO To Market VeriFone Connect And Related Devices

Payments provider Paysafe is the first reseller of VeriFone System Inc.’s Verifone Connect service among independent sales organizations, VeriFone announced Tuesday. Verifone Connect is a suite of point-of-sale services, such as payment acceptance, point-of-sale terminal management, and business-management tools, that works with VeriFone’s Carbon and Engage devices. London-based Paysafe is …

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Chase To Offer Canadian Small Businesses Lower Discount Rates for AmEx Payments

The Canadian Federation of Independent Business announced Monday an agreement with JPMorgan Chase & Co.’s Chase Merchant Services that the trade group of small and medium-sized merchants says could bring cuts of nearly 50% for accepting American Express Co. cards to its 110,000 members. The Toronto-based CFIB said Chase, its …

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Nearly 92% of Square’s Transactions Are Being Made With Chip Cards

More than two years after the U.S. migration to EMV chip cards accelerated, evidence of the success of the effort continues to emerge. Merchant acquirer Square Inc. says nearly 92% of the transactions it processed as of December were made with EMV-enabled credit and debit cards. While the advent of …

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More Equifax Disclosures and other Digital Transactions News briefs from 3/2/18

Equifax Inc. said it expects costs from its massive 2017 data breach to hit $275 million this year, offset by $75 million in insurance proceeds, Reuters reported. The credit-reporting agency also disclosed that another 2.4 million people were affected by the cyber attack in addition to the more than 145 …

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Digital Transactions