Digital Transactions Authoritative, insightful and timely information for payments professionals
A Look at Durbin’s Early Impact Things went pretty much according to script in the first three months of Durbin Amendment debit card price controls. Debit market leader Visa Inc. got dented while MasterCard Inc. picked up speed. Visa chairman and chief executive Joseph Saunders predicted that the slowdown Visa’s …
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Marching to the Point of Sale, PayPal Strikes Its First Terminal Agreement
n Ingenico has been piloting PayPal acceptance for six months, Greg Burch, director of business development at the terminal vendor, tells Digital Transactions News. Burch refuses to name the merchant involved in the pilot, but news emerged last week that Home Depot, which uses Ingenico devices, is testing PayPal …
Read More »Opinion&Analysis: What’s Wrong with the Mobile Wallet?
By Steve Mott Scratch most of the proposed or existing wallets, and you’ll find the same payments infrastructure everyone is trying to move beyond. What’s needed is an alternative that benefits consumers and merchants as much as it does banks, networks, and carriers. The rising …
Read More »E-Commerce: Beyond Fun And Games
By Karen Epper Hoffman A fixture in online gaming, virtual currencies are moving into other digital markets and may break into the physical world. But will acceptance costs and regulatory concerns stymie their growth? Virtual currency has long been seen as little more than the …
Read More »Opinion & Analysis: What Visa Is up to
n by Steve Mott While most observers have viewed Visa’s recent string of acquisitions as a mere broadening of its conventional card franchise, a long-time analyst of the payments business sees a clever play for dominance of the digital future. Just when the U.S. payments industry appears poised …
Read More »Overhaul Your Payment Processing with Payarc’s PAYFAC Platform
Empower Your Business with Seamless Transactions In today’s digital ecosystem, software companies have a wide range of options to create unique payment experience for consumers. Recently, payment facilitation has been an increasingly popular choice for business owners when it comes to accepting payments. Instead of each business needing to establish …
Read More »Online Shoppers Love-Hate Relationship with Generative AI; Sift Releases New Fraud Benchmarking Metrics for E-Commerce
Despite 71% of online shoppers being unaware they are interacting with generative artificial intelligence, about half say they see value in the technology when it comes to personalizing the online shopping experience and would be willing to share personal data to receive a more customized shopping experience, says a recent …
Read More »Discover Grows Its International Presence Through a Pair-Up With Telered in Panama
Discover Global Network continues to expand its international business through a deal with Panamanian payment processor Telered S.A. Telered manages the Sistema Clave, or Clave System, which Discover says is the largest interbank network of ATMs and points of sale in Panama. In business for more than 30 years, Clave’s …
Read More »Elevating the consumer payment experience – Setting the stage for merchant growth
Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon With retail sales predictions clocking in at $1.59 trillion for this year’s holiday season[i], it’s a good time to reflect on how you can support and help your merchants meet this demand while maximizing …
Read More »PayPal Dives into Shared Funding Efforts
PayPal Holdings Inc. is hoping to enable the power of community with a new funding service that enables multiple individuals to contribute to one account. Dubbed a “pool” by PayPal, the service means contributors can chip in to pay for group gifts, travel, special events, and other shared expenses. Announced …
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