Saturday , November 16, 2024

Search Results for: digital payments

Isis and USAT Strike a Deal That Could Bring Mobile Payments to 7,500 Vending Machines

Isis, the object of skepticism this summer because of delays in rolling out its mobile-payment system based on near-field communication (NFC) technology, might be about to gain some traction thanks to a new agreement with vending-machine payments provider USA Technologies Inc. (USAT). In a little-noticed disclosure last week, Malvern, Pa-based …

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Daily-Deal Leader Groupon Makes Its Play for Mobile Payments

The crowded mobile-payments space for small merchants just got more cramped as daily-deal leader Groupon Inc. announced its new Groupon Payments service for merchants using Apple Inc.’s iPhone and iPod touch devices to accept credit and debit cards. Groupon is coming in with low card-acceptance prices and aiming to leverage …

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NACHA Proposes a WEB Credit for P2P Payments Over the ACH Network

In an effort to bring some order to the Wild West of person-to-person payments over the automated clearing house network, ACH governing body NACHA-The Electronic Payments Association is proposing a new credit version of its WEB code for online person-to-person payments that would include standardized formatting for the transactions. Herndon, …

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Eye on Mobile: Google Wallet’s All-Inclusive Future, Apple’s New Payments Patent

Google Inc. may have just overhauled its nearly year-old mobile wallet, but it still appears to have plenty of plans for the near future of the product. For example, the Web giant is looking at adding a person-to-person payment capability and allowing users to save credentials other than payment cards, …

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Contactless And Mobile Payments at the Olympics: Definitely Not a Medal Winner

Which was the big payments winner at the Summer Olympic Games in London, which ended Sunday? Answer: Cash, a contender that’s entered every Olympics ever held. Contactless cards and mobile devices accounted for very few payments, according to a Celent LLC analyst who visited two different Olympic venues last week. …

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A $9 Million Infusion Has Mobile Payments Startup LevelUp Thinking Big

Armed with $9 million in new funding, mobile-payments startup LevelUp plans to use the capital infusion to expand its sales force and build out new solutions to improve the merchant experience. Boston-based LevelUp is launching a remote sales team that will sign and service merchants outside the company’s 10 primary …

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Global Payments Expects Its Data-Breach Tab Could Hit $120 Million

The data breach Global Payments Inc. reported earlier this year could cost the merchant processor nearly $120 million, company executives revealed Thursday. The expenses include an $84.4 million pre-tax charge in the fourth quarter of fiscal 2012 ended May 31 that will cover fines from the payment card networks and …

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The iPad Is Most Popular Mobile Device for Online Payments, Study Finds

Only 2 years old, the Apple iPad has already become the most popular mobile device used by consumers to make payments to online sellers, according to research released on Monday. The iPad, larger than a smart phone but smaller, thinner, and lighter than a laptop, accounted for 3.6% of all …

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PayPal Says It Will Process Payments for GE’s Electric-Vehicle Charging Stations

PayPal Inc. announced on Thursday it will process payments when owners of electric vehicles charge up their cars at charging stations maintained by GE Industrial Solutions, a unit of General Electric Co. In what amounts to yet another venture into the physical point of sale for PayPal, the e-commerce processing …

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