Monday , October 28, 2024

Search Results for: merchants

Another Hotel Warns of Possible Data Breach and other Digital Transactions News briefs

• Payments-services provider ACI Worldwide Inc. said it expects the rate of attempted online fraud in the United States during the holiday shopping season will increase 43% over the same period last year, based on transaction data it has seen so far. This increase follows U.S. adoption of EMV cards at the …

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The Chase Pay App Debuts With In-Store Acceptance at Starbucks, Best Buy, More To Come

By John Stewart @DTPaymentNews JPMorgan Chase & Co. on Monday officially launched its Chase Pay mobile app, announcing users can now download the wallet and use it to pay at more than 7,500 Starbucks Corp. outlets and at almost 1,400 Best Buy Co. Inc. stores to start with. The app, …

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VeriFone Engage Marks European Launch and other Digital Transactions News briefs

• ATM network owner and operator Cardtronics plc announced an expanded relationship with Carnival Cruise Line that adds Cardtronics ATMs to the crew areas of Carnival’s 25-ship fleet and makes Cardtronics Carnival’s exclusive ATM provider for both guests and crew. Cardtronics will have two ATMs for passengers and two for crew …

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Fraudsters May Be Rushing Online, But So Far Web Sellers Are Ready for Them

By Peter Lucas @DTPaymentNews A combination of better fraud-detection technologies and stronger consumer-authentication strategies is helping e-commerce merchants hold the line on fraud losses, a study from payments consultancy Mercator Advisory Group says. This is the case even though more criminals are practicing their dark art in the online channel …

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CanPay Debuts for Marijuana Purchases and other Digital Transactions News briefs

• Two merchant organizations have filed a friend-of-the-court brief supporting a U.S. Department of Justice filing that asks the full panel of the Second U.S. Circuit Court of Appeals to hear a 6-year-old case alleging anti-steering rules established by American Express Co. are anti-competitive. A three-judge panel of that court ruled …

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U.S. Online Newcomer Klarna Expands Its User Base And Rolls out New Features

By Peter Lucas @DTPaymentNews Sweden-based e-commerce payments provider Klarna continues to expand its footprint in the United States by doubling its user base and adding new features to enhance the user experience. More than 2 million U.S. consumers now use Klarna’s streamlined checkout service, generating hundreds of millions of dollars …

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Visa’s EMV Debit Routing Practices Attract the Attention of the FTC And the Fed

By Jim Daly@DTPaymentNews The Federal Trade Commission is investigating Visa Inc.’s practices involving EMV debit card transaction routing, Visa disclosed Tuesday. And the Federal Reserve earlier this month posted guidance about EMV debit routing that, according to retailer trade groups, was issued in response to their objections to Visa’s practices …

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NFC Rising: The Contactless Terminal Base Expands in North America And Globally

By Peter Lucas @DTPaymentNews By the numbers, at least, merchants appear to be paving the way for mobile and contactless payments to become mainstream in the United States. The installed base of terminals ready for near-field communication in the U.S. and Canada is projected to reach 9.2 million by year’s …

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FTC Investigating Visa EMV Routing Practices and other Digital Transactions News briefs

• The Federal Reserve posted a notice that a payment network violates the debit card transaction-routing requirements in its rule implementing the Dodd-Frank Act’s Durbin Amendment if the network requires a merchant to allow a cardholder to choose an application that routes to only one network during an EMV debit card purchase. …

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The Numbers Are In: Same-Day ACH Traffic Meets Expectations in First Full Month

By John Stewart @DTPaymentNews The faster-payments movement in the United States took a key step forward late in September with the automated clearing house network’s adoption of same-day clearing, and now numbers are available for the first full month of faster ACH processing. A total of $4.98 billion on 3.8 …

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Digital Transactions