Sunday , February 16, 2025

Search Results for: consumers

PrePass Marks Integration and other Digital Transactions News briefs from 9/30/24

PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …

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Wero Ramps Up As a European Account-to-Account Payments Provider And Heads to the Point of Sale

European banks are beginning to roll out a new digital wallet called wero that initially provides account-to-account payments and is expected to be expanded to retail payments as well. If so, wero could prove to be a competitive threat to Visa Inc. and Mastercard Inc., which dominate European payments, raising …

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Paymentus Brings Digital Billing and Payments to Altera Digital Health

Paymentus Holdings Inc., a provider of cloud-based bill-payment technology, has reached an agreement with health-care information-technology provider Altera Digital Health Inc. to include its electronic bill- presentment and payments platform in Altera’s suite of healthcare IT solutions. The deal is expected to streamline the billing and payment processes for health-care providers …

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Combatants Take Up Their Positions in Reaction to the DoJ’s Antitrust Suit Against Visa

Reaction from the payments industry to the Justice Department’s announcement Tuesday that it is suing Visa Inc. over antitrust issues involving its debit card business was swift and pointed. As expected, representatives of the payments industry denounced the lawsuit as baseless, while representatives of the merchant community and legislators friendly …

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The Justice Department May Haul Visa Into Court Over Debit Card Issues

The biggest question the payments industry is wrestling with this week is whether the U.S. Department of Justice is about to sue Visa Inc., apparently over debit card issues. The financial wires were abuzz with speculation Tuesday morning that the DoJ could file an antitrust lawsuit before the day is …

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Walmart’s Pay-by-Bank Option and other Digital Transactions News briefs from 9/23/24

Walmart Stores starting next year will offer a pay-by-bank option through an agreement with processor Fiserv Inc.’s NOW network, which has integrated with the Federal Reserve’s FedNow system and the Real Time Payments network offered by The Clearing House Payments Co. The new payment method, if widely adopted, is expected to …

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A Report Shows How Payments Impact Guests’ Experience at Hotels

Payments play a bigger role than many might imagine in how hotels interact with guests—and can affect a wide array of hospitality revenue streams, says a report released late Thursday from the processor Adyen NV. Some 37% of respondents say they have abandoned the booking process because they weren’t able …

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A Top Visa Official Outlines Four Big Trends Impacting Acquirers

Acquirers and independent sales organizations wanting to improve their standing among merchants should take note of four trends affecting payments today, according to Bill Dobbins, head of acquiring and enablement at Visa Inc. Dobbins, speaking at the Western States Acquirers Association conference in Las Vegas this week, outlined why the …

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The Electronic Payments Coalition Weighs in on a Lawsuit Challenging Illinois’s Interchange Law

The Electronic Payments Coalition late Wednesday filed an Amicus brief on behalf of the plaintiffs in a lawsuit challenging the Illinois Interchange Fee Prohibition Act. The lawsuit, brought by Illinois Bankers Association, Illinois Credit Union League, American Bankers Association, and America’s Credit Unions and filed last month in the United …

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Card91’s Digital Prepaid Card and other Digital Transactions News briefs from 9/19/24

Card91, an India-based technology company, introduced a platform that offers a digital prepaid card that also functions as an ID and access card. The product is aimed at corporate employees and students. KM Malta Airlines, a new air carrier, has agreed to adopt a payments-orchestration platform from CellPoint Digital. Online-security firm DefenseStorm said it …

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Digital Transactions