Monday , October 28, 2024

Search Results for: merchants

Working at a Deliberate Pace, Chase Pay Lines up HMSHost and Parkmobile

By Kevin Woodward@DTPaymentNews Chase Pay, the nascent mobile-payments service from banking giant JPMorgan Chase & Co., has added two more merchants to its roster. HMSHost, a Bethesda, Md.-based dining-services company specializing in transportation locations, and Parkmobile LLC, an Atlanta-based parking company, will begin accepting order-ahead capability based on functionality developed …

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BluePay Makes Portfolio Acquisition and other Digital Transactions News briefs

• Independent sales organization BluePay Processing LLC announced its purchase of the merchant-services portfolio of VersaPay Corp., a business-to-business payments provider. Terms were not disclosed. • Merchant processor Total Merchant Services introduced Groovv mPOS, a mobile point-of-sale device enabling EMV and NFC contactless payments, as well as online transactions. The device links to smart …

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PayPal Plans To Raise Prices on Various Cross-Border Transactions in March

By Jim Daly@DTPaymentNews PayPal Holdings Inc. on Wednesday announced updates to its user agreements for consumers and merchants, and among the numerous changes are 0.5% price increases for several types of transactions involving U.S. sellers and foreign buyers. Beyond the price hikes, other changes include a new non-discrimination clause for …

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How Many Consumers Used Amazon Payments in 2016? Thirty-Three Million, Amazon Says

By Kevin Woodward@DTPaymentNews One-third of the payments that consumers made using Pay with Amazon in 2016 were on a mobile device, e-commerce giant Amazon.com Inc. revealed Tuesday. Pay with Amazon enables consumers to use their Amazon wallets to pay for merchandise on other retailer’s Web sites. In a rare release …

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USAePay Debuts EMV Service and other Digital Transactions News briefs

• Payment gateway USAePay launched a browser-based EMV application the enables merchants to accept credit and debit chip card payments. • Pizza Inn has launched a rewards app offering points to customers who order through the company’s Web site. The app was developed by marketing-services firm Punchh. • Sweden-based e-commerce-payments provider Klarna said it is buying …

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How Deals Like MoneyGram Lend Impetus to Alipay’s Plans for the U.S. And the World

By John Stewart @DTPaymentNews Ever since Ant Financial Financial Services Group let it be known in October that it is working with key payments players like VeriFone Systems Inc. and First Data Corp. to bring its Alipay mobile-payments service to North America, the industry has wondered about the Chinese company’s …

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The New Administration Brings Uncertainty But Also Optimism, Payments Experts Say

By John Stewart@DTPaymentNews The new Trump administration injects much uncertainty into U.S. business, with payments being no exception, but a panel of experts on Thursday said the net result should be positive for at least the acquiring side of the market. “If Hillary Clinton had won, we would have been …

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Visa’s Globetrotting New CEO Inherits a Solidly Profitable Company

By Jim Daly@DTPaymentNews As the new chief executive of Visa Inc., a company that is still digesting its former European franchisee, Alfred Kelly has had a busy couple of months. Since taking charge from former CEO Charles W. Scharf in December, Kelly has stopped by 12 Visa offices globally, met …

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The Contest Over P2P

PayPal and other non-banks got out of the gate fast to build burgeoning person-to-person payments empires. Is Zelle the banks’ savior? In a few months, the battle between banks and non-banks for the lion’s share of the exploding person-to-person payments market will escalate to a new level. That’s when Zelle, …

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Going Down?

Canada’s credit card interchange rates have already come down and, under government pressure, could be coming down again. Snow and cold haven’t stopped Canadian bankers and retailers from trekking to the national capital of Ottawa, Ontario, this winter. The reason: to give their opinions to minister of finance William F. …

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Digital Transactions