Chicago-based software developer Epazz Inc. spun off payments subsidiary ZenaPay Inc. as a Canadian corporation that will pursue business in the cannabis market. Citing a study by a British research firm, biometric card manufacturer SmartMetric Inc. says nearly 579 million biometric credit and debit cards will be in use globally …
Read More »Search Results for: blockchain
Upserve Launches Upserve POS and other Digital Transactions News briefs
Citing its potential effects on payments-market competition, the United Kingdom’s Competition and Markets Authority has now ordered an in-depth review of PayPal Holdings Inc.’s acquisition of Sweden-based processor iZettle AB. A PayPal spokesperson told Reuters the company is working with the CMA and plans to demonstrate the market will remain …
Read More »Cash Still Favored by Many and other Digital Transactions News briefs from 12/4/18
Digital Check Corp. said its ScanBox by Digital Check tablet-based scanning platform is now available in North and South America following its release in other markets. In a Cardtronics plc survey of 1,000 U.S. consumers, 73% use cash regularly and 92% want a choice in how they pay. Commercial bank Signature …
Read More »SpotOn Transact Initiates Crypto Acceptance and other Digital Transactions News briefs from 12/3/18
FreedomPay announced Nando’s, an international fast-casual restaurant chain, will use FreedomPay’s point-to-point encryption payments platform in its Oracle Micros Simphony POS system installations. Payments provider SpotOn Transact LLC agreed to offer acceptance of Bitcoin and other cryptocurrencies to merchants via a partnership with Vaultbank, a blockchain-technology firm. Kevin Jones, founder …
Read More »ACI Reports Quarterly Earnings and other Digital Transactions News briefs from 11/8/18
Payment processor Worldpay Inc. said pro-forma net revenues in its Technology Solutions e-commerce segment grew 17% year-over-year to $420 million while pro-forma revenues in its Merchant Solutions segment rose 4% to $506 million. Pro-forma revenues in the Issuer Solutions segment increased 4% to $91 million. Worldpay also promoted Mark Heimbouch …
Read More »AmEx Announces Small Business Saturday Plans and other Digital Transactions News briefs from 11/1/18
By 2023, in-car commerce will total $265 billion annually on more than 8.2 billion transactions from 775 million consumer vehicles, according to projections from Juniper Research. American Express Co. announced a slate of programs for its ninth annual Small Business Saturday, set for Nov. 24. Mastercard Inc. said it will work with …
Read More »The Long And Bumpy Road to Crypto Acceptance
ISOs have been slow to jump on the bandwagon for digital currency because the list of barriers to mainstream use remains too long. Merchants such as Overstock.com and Newegg.com may be leading the charge to accept Bitcoin and myriad other cryptocurrencies, but if crypto is to make serious progress toward …
Read More »Bypassing Customs
Across the world, governments are cracking down on immigration. Cross-border payments, however, continue to grow with the global economy. Will blockchain be next? President Donald Trump has made cracking down on both illegal and legal immigration to the United States a showpiece, though controversial, policy of his administration. European countries, …
Read More »Ripple Doubles XRP Sales and other Digital Transactions News briefs from 10/29/18
Mobile-payments company PayByPhone said consumers can use its app to pay for parking operated by Tacoma Platinum Parking Partners. PayByPhone said the service covers more than 100 parking spaces in the Washington city. Ripple Labs Inc. said it sold $163.3 million of its XRP cryptocurrency in the third quarter, more …
Read More »Klarna Launches Slice it in 4 Payment Option and other Digital Transactions News briefs from 10/22/18
Tablesafe, which specializes in point-of-sale systems for restaurants, said The Saltwater Grille has installed its technology, which includes EMV acceptance. The restaurant had been subject to rising chargebacks because it had not been EMV-compliant. Online installment-payments specialist Klarna signed its first U.S. merchant, Rancourt & Co., for a new service …
Read More »