Sunday , September 29, 2024

Search Results for: pay by link

MoneyGram Money-Transfer Volume Up and other Digital Transactions News briefs

• For its second quarter ended June 30, MoneyGram International Inc. reported transactions on its digital money transfer service grew 9% and accounted for 15% of all money-transfer transactions handled by the company. Revenue for the service increased 17% and accounted for 13% of overall money-transfer revenue. • Because of …

Read More »

Eye on Earnings: Ingenico North America up 11%; Sales Up, Profits Down at TSYS

The U.S. migration to the EMV chip card standard continues to pay off for point-of-sale terminal maker Ingenico Group as the company reported a 14% increase in its North America revenue for the first six months of 2016. France-based Ingenico, in its earnings results released Tuesday, said it recorded 148 …

Read More »

Apriva Completes First Data EMV Certification and other Digital Transactions News briefs

• Venmo, the peer-to-peer payment service from PayPal Holdings Inc., said all Venmo users now can use the service to make in-app purchases at participating merchants. Announced earlier this year, the in-app payment is available with 11 merchants. • Wireless transaction gateway Apriva said it has completed EMV certification for …

Read More »

FIS Reports 43.5% Revenue Increase and other Digital Transactions News briefs

• Q2 Holdings Inc., a vendor of virtual-banking solutions to regional and community financial institutions, announced its plan to begin supporting the origination of same-day automated clearing house transactions on Sept. 23, the day the first phase of a three-phase introduction of same-day ACH is set to begin, as determined …

Read More »

Meta Financial Doubles Financial Metric and other Digital Transactions News briefs

• Processor Vantiv Inc. launched the One Network Experience service for software developers. Dubbed O.N.E., the service offers a suite of integration tools, personalized help, and access to an online developer community. • Meta Financial Group Inc. said Meta Payment Systems, a division of MetaBank, a major prepaid card issuer, …

Read More »

Visa Notes 326 Million U.S. Chip Cards and other Digital Transactions News briefs

• American Express Co. reported $2 billion in net income for the second quarter, including a $1.1 billion pre-tax gain from the sale of its Costco Wholesale Corp. cobranded portfolio to Citigroup Inc., which is now issuing a cobranded Costco Visa credit card. AmEx’s U.S. card-billed business grew 2% year …

Read More »

TMS Adds CNP Services to Groovv and other Digital Transactions News briefs

• In a sign of further global expansion plans, merchant acquirer Square Inc. in June incorporated a business in the United Kingdom called Square Europe Ltd. and began testing its payment system in London, Reuters reported. Besides the U.S., Square already operates in Canada, Australia, and Japan. • Processor Total Merchant …

Read More »

Wal-Mart Canada Carries Out Its Threat To Ban Visa Card Acceptance in Ontario City

Wal-Mart Stores Inc.’s Canadian unit on Monday stopped accepting Visa cards at its three stores in Thunder Bay, Ontario, carrying out the threat the retailer issued last month in its dispute with Visa Inc. over card-acceptance costs. A spokesperson at Wal-Mart’s Canadian headquarters in Mississauga, Ontario, as well as a …

Read More »

First Data’s Clover Targets Sports Arenas and other Digital Transactions News briefs

• Citing “changes in the market and an increasing number of mobile payment and banking options available” from financial institutions, the telco-led Canadian mobile-payments service suretap is shutting down as of Aug. 26, according to its Web site. The move follows the January 2015 failure of a similar telco-controlled venture …

Read More »

FIS Cardless Cash Coming to 70,000 ATMs and other Digital Transactions News briefs

• Fidelity National Information Services Inc. (FIS) announced it is supplying its FIS Cardless Cash ATM service to cash dispensers operated by Payment Alliance International. Ultimately, the service will include 70,000 ATMs in the PAI ATM network. • The United Kingdom’s Competition Appeal Tribunal ruled that Mastercard Inc. must pay approximately …

Read More »
Digital Transactions