Digital Transactions Authoritative, insightful and timely information for payments professionals
Possibly as soon as later this year, the processing giant will undergo a mammoth IPO. Here, a payments-industry analyst sizes up what the company can offer investors. The world’s largest payment processor, First Data Corp., is girding for an initial public offering, likely later this year. It promises to be …
Read More »Search Results for: pay by link
How Its PocketMath Deal Bolsters XpressBuy’s Push for Multiplatform Buy Buttons
While social networks like Facebook, Twitter, and Pinterest develop so-called buy buttons for the ads they sell, third-party developers are looking at extending the same technology across not only social networks but apps, mobile sites, and even emails. One of the most aggressive of these developers, Santa Clara, Calif.-based XpressBuy …
Read More »MyCheck’s Mobile App Climbs in the Tech Race, Adds Twin Peaks as a User
The MyCheck mobile app is gaining some ground in a crowded field of applications that enable consumers to order and pay restaurant tabs. New York City-based MyCheck LLC announced Thursday that the 68-location Twin Peaks restaurant chain will offer its iOS and Android white-label app to customers for payments and …
Read More »With New Digital Program, Visa Drops Token Fees, Offers Issuers Single Connection to All Services
With its Visa Digital Enablement Program, announced last week on the same day Google Inc. unveiled Android Pay, Visa Inc. has introduced application programming interfaces for card-issuing institutions to link to potentially thousands of digital-payments services with a single integration and without separate business agreements for each. Visa also hopes …
Read More »The Great PIN-Debit “Claw-Back”
Everybody remembers the Durbin Amendment’s caps on debit card interchange. But the law also sought to help merchants by increasing competition for debit card traffic. It did this with a transaction-routing requirement, which has been in effect now for three years and mandates that merchants have a choice of at …
Read More »The Wallet on Wheels
Much is being made of the potential in the interface between the Internet of Things and payments. Everything, from a thermostat that pays your heating bill to a refrigerator that orders what you are about to run out of and pays for it, has been talked about. But the sleeper …
Read More »10 Tips for Selling Small Merchants on EMV
Many small merchants have no clue about EMV, and among those that do, many are unpersuaded. Here are some ideas to overcome those—and many other—hurdles before and after the liability shift. Inertia can work with you or against you. When it comes to persuading smaller merchants to adopt EMV-compatible …
Read More »Mobile Wallet Wars, Part Two: The Rocky Road to Adoption
Getting mobile payments to click with merchants and consumers will require new models for digital marketing. And doing it right will take lots of money and time. (Editor’s Note: This is the second part of a two-part examination of the current landscape for mobile payments. Part One, which sized up …
Read More »Superstar Names Add Luster for Xapo And Bitcoin—But Will It Matter in the Long Run?
By John Stewart Few tactics lend instant credibility like adding heavy-hitter names to a company’s board. On Wednesday, the 5-year-old Bitcoin digital currency, and at least one startup offering Bitcoin wallets, gained a few notches on the credibility index when Xapo GmbH said Dee Hock, John Reed, and Lawrence Summers …
Read More »Research Shows How Durbin Torpedoed Visa And MasterCard’s PIN Debit Traffic
By John Stewart The Durbin Amendment’s transaction-routing requirements, which have been in effect now for three years, are widely thought to have benefited merchants by increasing competition for debit card traffic. But PIN debit networks that aren’t owned by Visa Inc. and MasterCard Inc. were expected to benefit as well …
Read More »