Independent sales organization Merchant Consulting Group Inc. said its payments services are now available in the Tracker Management Systems dispatch software designed for the towing and wrecker industry. BMO Harris introduced Small Business Mastercard, which works with the Masterpass, Apple Pay, Android Pay, and Samsung Pay digital wallets. Now that Apple Inc.’s new …
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48% Don’t Use Mobile Wallets and other Digital Transactions News briefs from 9/21/17
Some 48% of surveyed U.S. consumers don’t use Apple Pay, Android Pay, Samsung Pay, Venmo, or Bitcoin and 46% say not enough places accept these payment methods, according to invoicing and payments firm Viewpost, which canvassed 1,000 people. Mobile-payments provider LevelUp announced a link to delivery.com, which serves more than 12,000 restaurants. The connection …
Read More »Bluefin in POS Software Deal and other Digital Transactions News briefs
North American Bancard said it will offer its PayAnywhere 2-in-1 Bluetooth Credit Card Reader free to new PayAnywhere merchants. Payments encryption company Bluefin Payment Systems said its services are available to users of NeuLion, software used by college-ticketing organizations. POSDATA Group Inc. said its Louisville, Ky.-based facility has been point-to-point key injection-certified by the …
Read More »Many Unlikely To Use Apple’s Facial ID Tech and other Digital Transactions News briefs
Credit-reporting agency Equifax Inc., which disclosed a huge data breach earlier this month, also sustained an apparently separate data breach in March, according to Bloomberg News. Few details about that breach are publicly known. Meanwhile, the U.S. Department of Justice reportedly has opened a criminal investigation into the sale of Equifax …
Read More »First Data Notes Hurricane Impact and other Digital Transactions News briefs
Citing the recent huge data breach at credit-reporting agency Equifax Inc., the National Retail Federation and other trade groups in a letter to Congressional leaders said any new federal law governing data-breach notifications should apply to all industries that handle consumer data. The groups want a uniform federal standard to replace the …
Read More »LevelUp Reaches Open Dining Agreement and other Digital Transactions News
ICBA Bancard, the card-processing unit of the Independent Community Bankers of America trade group, said it will offer member banks a card-not-present authentication service through Visa Inc.’s CardinalCommerce subsidiary. Mobile-payment provider LevelUp has reached an agreement with Open Dining, a vendor of mobile order-ahead technology, to list restaurants using Open Dining’s platform …
Read More »Zelle Notes 100 Million Transactions and other Digital Transactions News briefs
Bank-owned Early Warning Services LLC said its new Zelle person-to-person payment service processed 100 million transactions in 2017’s first half for payments totaling $33.6 billion. More than 50,000 consumers are enrolling daily in a network that could connect 86 million consumers through the mobile-banking apps of participating banks and credit unions, Early Warning …
Read More »FTC Settlement Includes Ban and other Digital Transactions News briefs
The Federal Reserve issued a paper outlining “refreshed strategies and nine new tactics” for improving the U.S. payment system; the paper is a follow-up to the Fed’s strategic vision for payments issued in January 2015 and comes in the wake of the July report from the Fed’s Faster Payments Task Force. The Federal Trade …
Read More »Electronic Billing’s Mobile Moment
Popular with billers, but less so with consumers, electronic bill payment and presentment is enjoying a new lease on life thanks to mobile users. Since its introduction more than a decade ago, electronic bill presentment has been popular with billers eager to take advantage of the cost savings the technology …
Read More »The Sweet 16
The Faster Payments Task Force issued a final report in July with an eye-popping goal: National, real-time payments by 2020. Here’s a guide to the 16 providers that might just do the job. In July, the Federal Reserve-sponsored Faster Payments Task Force capped off two years of hard work with …
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