Digital Transactions Authoritative, insightful and timely information for payments professionals
Many merchants speak of the gains to be made by fusing in-store with digital commerce. Now, quick-service and fast-casual restaurants are turning to a variety of hardware to make it happen. CKE Restaurants Inc., parent of the Hardee’s and Carl’s Jr. fast-food chains, and TGI Fridays Inc. are using Microsoft …
Read More »Search Results for: card data
Resignation And Retreat
Security Notes When we detect air pollution, is the treatment of asthma our first line of defense? When our water supply is contaminated, is it our best answer to boil our water? It is difficult to keep our air and water clean, but that’s our strategic aim, meeting the threat …
Read More »A Contact Sport
Hoping for contactless chip cards? Not likely any time soon. The contact version of EMV is emerging as the clear issuer choice as October’s liability shift approaches. Here’s why. It’s show time for chip cards. With the payment card networks’ so-called liability shift now just eight months away, U.S. general-purpose …
Read More »With Same-Day Clearing in Prospect, ACH Activity Simmers
Traffic on the automated clearing house network continues to climb at a steady clip as financial institutions and other users of the system mull over a proposal to speed up payments from next-day to same-day settlement. In the quarter ended Sept. 30, the latest period for which data are available, …
Read More »Silicon Valley’s Payments Fever
A flood of payments initiatives has come out of the Valley, with more on the way. What is it about this business that gets the mercury rising out there? Where do people in payments look for innovation? Yes, some of it shows up in Boston, a little in Chicago and …
Read More »Visa Chief Scharf Holds out Digital Payments As Olive Branch to Fee-Weary Retailers
In the wake of an important Supreme Court decision early last week, Visa Inc.’s chief executive Thursday afternoon sounded a conciliatory note on the company’s often fraught relations with merchants and touted Visa’s digital-payments initiatives as a way of bringing more value to retailers in return for the fees they …
Read More »COMMENTARY: Securing the Future of Safe Electronic Payments
Americans love to shop. Whether online, in a small mom-and-pop business, or at a big-box retailer, shoppers turned out in droves this past holiday season. From Thanksgiving through Cyber Monday for example, online sales were up 12.6%–a record week–according to the IBM Digital Analytics Benchmark. For the holiday season overall, …
Read More »AmEx Claims 400,000 Small Merchants Through Its ISO-Driven OptBlue Program
Some 400,000 small merchants now accept American Express Co. payment cards through the OptBlue program that AmEx announced nearly a year ago. OptBlue enables bank card merchant acquirers and independent sales organizations to offer AmEx acceptance to small businesses and set the pricing through a one-stop-shopping option when they sell …
Read More »A Decentralized Payments System May Work Against a Smooth U.S. EMV Migration
The United States with its several thousand credit and debit card issuers and more than a dozen payment networks presents a stiff challenge to the card industry as it tries to convert from magnetic-stripe stripe cards to Europay-MasterCard-Visa (EMV) chip cards, two industry veterans told a group of independent sales …
Read More »Restaurateurs Look to Tablets And Kiosks To Fuse In-Store, Digital Commerce
CKE Restaurants Inc., parent of the Hardee’s and Carl’s Jr. fast-food chains, and TGI Fridays Inc. are using Microsoft Corp. technology to speed up the ordering and purchase process in their restaurants, the Redmond, Wash.-based computing giant announced on Monday. Carrollton, Texas-based TGI Fridays is putting 8-inch tablets into the …
Read More »