Monday , October 28, 2024

Search Results for: merchants

Trunk Show Event Marks a First for Amazon Payments in a Store

Online retailer Amazon.com Inc. has taken another step to broadening the reach of its payments service with the debut Friday of an in-store payment service at a New York apparel retailer. This marks the first time Amazon payments has enabled in-store payments with a merchant, Amazon says. Just a couple …

Read More »

How Proprietary Mobile Wallets Are Showing the Way to Win Adoption And Usage

Universal mobile wallets have yet to gain the hearty embrace of merchants and consumers, unlike those serving a solitary merchant. But that will change, forecasts the “Merchant Mobile Wallets: Mobile Payments in Action” report released Wednesday by Mercator Advisory Group Inc. The report from the Maynard, Mass.-based payments consultancy predicts …

Read More »

Mobeewave P2P Service Leaves Test Phase and other Digital Transactions News briefs

• Canada-based Mobeewave is making its PayMeTap mobile peer-to-peer app available to consumers across Canada. The free app had been in testing. The Android app enables consumers to accept a payment by tapping a phone with a contactless credit card.   • Payments company BillingTree Inc. launched the Payrazr Marketplace, …

Read More »

NACHA Reports a Banner 2015, With Stepped-up Growth And New Applications

The automated clearing house network reported stepped-up transaction volume with each set of quarterly statistics it released last year, and on Thursday it confirmed officially that 2015 was a banner year for growth. The payments network, which connects virtually every financial institution in the country, handled more than 24 billion …

Read More »

The ‘Pays’ Win Plenty of Awareness and Adoption—But Usage Remains a Struggle

When it comes to mobile-payments services like Apple Pay and Samsung Pay, the payments industry appears to be seeing adoption. But it could be years before it sees steady usage. The adoption picture, as defined by cardholders loading a card, is improving for Apple Pay, according to the latest numbers …

Read More »

Investors Take a Stake in an ISO and other Digital Transactions News briefs

• Prepaid card and mobile-banking provider Green Dot Corp. named three new independent directors to its board and non-independent director Sam Altman stepped down as the company expanded its board from eight to 10 directors, all but one of them now independent. Green Dot shareholder Harvest Capital Strategies LLC, which …

Read More »

iPayment Selects Apriva for Mobile POS Service Targeting Smaller Businesses

Merchant processor iPayment Inc. announced Monday it will offer a white-label version of Apriva’s AprivaPay Plus to small and mid-size merchants. Dubbed iPayment MobilePay, the mobile point-of-sale service uses AprivaPay Plus, mPOS software developed by Scottsdale, Ariz.-based Apriva. Merchants can use the service with iOS, Android, or Amazon Fire mobile …

Read More »

Pivotal Payments Licenses Tango Platform and other Digital Transactions News briefs

• U.S. senators from Colorado, Washington, and Oregon, three states where recreational marijuana use is legal, asked the various federal bank and credit-union regulatory agencies to develop joint guidance for how financial institutions could serve legal cannabis businesses; marijuana use remains illegal under federal law, meaning that many marijuana merchants …

Read More »

Will Credit Card Surcharging Become the Norm in 2016, as One Analyst Prophesies?

Though merchants have been permitted since 2013 to add surcharge fees to credit card transactions, it’s only in 2016 and 2017 that the practice will become the norm, ushering in a new phase of a sometimes contentious relationship between merchants, the payment card industry, and consumers. That’s the assertion of …

Read More »

Consumers Seek Online Payments Security Assurances: Survey

As online shopping continues to grow, consumer anxiety about the security of the payment card credentials on e-commerce sites remains a top concern. Some 48% of consumers want more assurances about their online shopping security, finds a survey released Wednesday by Tender Armor. The survey of more than 1,000 consumers, …

Read More »
Digital Transactions