Sunday , September 29, 2024

Search Results for: pay by link

Shift4 Founders Make a Shift and other Digital Transactions News briefs

• Phillips 66 Co. moved closer to the launch of its mobile-payments service for fuel purchases with the unveiling of its mobile-commerce platform developed in conjunction with P97 Networks Inc. and JPMorgan Chase & Co.’s Chase Pay. • Payment gateway Shift4 Corp. announced its cofounders, J. David Oder and Katherine Oder, are entering …

Read More »

Cayan Announces Squirrel Deal and other Digital Transactions News briefs

• Forty-seven states and the District of Columbia reached an $18.5 million settlement with Target Corp. over its 2013 data breach, the Illinois Attorney Generals office announced. The breach affected more than 41 million payment card accounts and the contact information for more than 60 million consumers, the attorney general press release …

Read More »

Parking Kitty Debuts in Portland and other Digital Transactions News briefs

• Universal Secure Registry LLC, a developer of computer-security and mobile-payment services, alleges in a federal lawsuit that Apple Inc. and Visa Inc. infringed on its patents for electronic payments and identity authentication as they developed their mobile-payment services. Apple and Visa did not immediately respond to requests for comment. • The …

Read More »

Congressman Speaks Up on Durbin Amendment and other Digital Transactions News briefs

• U.S. Rep. Ted Budd, R-N.C., a former retailer, delivered a speech in the House of Representatives in favor of repealing the Durbin Amendment, drawing praise from the Electronic Payments Coalition, a lobbying group for banks and card networks. The House is considering H.R. 10, the Financial Choice Act, which would overhaul …

Read More »

Clearent Offering Quick Chip Technology and other Digital Transactions News briefs

• Processor First Data Corp. unveiled its First Data Global PFAC service for payment facilitators, which includes a single integration interface that enables merchants to authorize, settle, and fund transactions in more than 40 countries and 17 currencies. • Payment processor Clearent LLC is offering Visa Inc.’s Quick Chip technology to software vendors as …

Read More »

Cash Flow Woes Imperil Some Merchants and other Digital Transactions News briefs

• An increasing number of small-business owners have a positive outlook on the economy and on their own prospects, according to a survey from American Express Co. Some 72% of respondents expressed this optimism with respect to the next six months, up from 64% last year and 67% in 2015, according to …

Read More »

Masterpass Books Expedia and other Digital Transactions News briefs

• Mobile-payments provider LevelUp said it has closed a $50 million funding round with participation by existing investor JPMorgan Chase & Co. as well as US Boston and CentroCredit Bank. LevelUp, which says its user count is nearly 1 million, is the subject of a lawsuit by competitor CardFree Inc. alleging LevelUp fraudulently …

Read More »

EVO Makes Another Acquisition and other Digital Transactions News briefs

• EVO Payments International announced it purchased the remaining ownership interest in Zenith Merchant Services, a Montreal-based payments provider. Terms were not disclosed. • Payments processor Computer Services Inc. has integrated data from Dow Jones Risk & Compliance for sanctions screening to help clients control the risk of doing business with politically …

Read More »

CardFree Charges That Rival LevelUp Fraudulently Accessed Its Order-Ahead Service

It could be taken as a sign of how competitive the order-ahead-and-pay feature has become in the rapidly developing market for mobile payments. In a lawsuit filed in federal court on May 2, CardFree Inc. has accused rival mobile-payments developer Scvngr Inc. of fraudulently accessing CardFree’s technology to process orders …

Read More »

NRF Launches Durbin Amendment Campaign and other Digital Transactions News briefs

• The National Retail Federation on Friday launched a multimedia advertising campaign urging the House of Representatives to protect the Durbin Amendment. The campaign, which includes radio commercials targeting the districts of key Congressmen who have expressed support for repealing Durbin, comes as the House prepares to take up the Financial …

Read More »
Digital Transactions