Monday , November 18, 2024

Search Results for: gift card

UPDATED: As LG Pay Makes Its (Belated) U.S. Debut, Observers Question Its Likely Impact

Add LG Pay to the multitude of U.S. mobile-payment options. LG Electronics USA announced Tuesday the mobile-payment service is available on select LG smart phones. The move comes a year later than LG initially said it would. LG Electronics Inc., the parent company of LG Electronics USA, introduced LG Pay …

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Adyen Adds Interac Debit on Mobile and other Digital Transactions News briefs from 7/3/19

Online and point-of-sale payments provider Adyen added Interac Debit on Mobile as a payment method for Canadian merchants. The method allows merchants to accept payments through Canada’s national Interac debit network via Apple Pay or Google Pay. Adyen added that it has expanded its agreement with on-demand delivery service foodora …

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Security Notes: The Uses of Digital Money

The Fed hesitates and the networks hold on to power, but technology breaks through. The efficiency and convenience of digital money are slowly but surely making it the currency you stuff your wallet with. While pure, airy cryptocurrencies without a central mint are still very much fringe money, the deeper …

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Paysafe Adds Bank-Payments Service and other Digital Transactions News briefs from 6/27/19

Paysafe Group said its Rapid Transfer online-banking payments service available in 18 European countries will be coming to the U.S. through a new partnership with Skrill USA Inc. With Rapid Transfer, consumers can make ACH or wire-transfer payments at Skrill-accepting merchants without leaving the merchant’s Web site. Via Transportation Inc., …

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Discover CFO Retiring and other Digital Transactions News briefs from 6/6/19

Discover Financial Services chief financial officer R. Mark Graf will retire in early 2020, Discover announced. Graf joined Discover in 2011. The company has hired an executive-search team to find his successor. American Express Co. enhanced the rewards package on its Gold Card; cardholders will now get 4-times Membership Rewards …

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i3 Verticals Acquires Pace Payment and other Digital Transactions News briefs from 6/3/19

i3 Verticals Inc. completed its $52.7 million acquisition of Pace Payment Systems Inc. Pace specializes in selling payments services in the public and education sectors. Avis Car Rental, a unit of Avis Budget Group Inc., launched a split-payment feature in its mobile app. Called Split My Bill, the feature enables …

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Nxgen Makes Another Acquisition and other Digital Transactions News briefs from 5/21/19

Nxgen International Inc. acquired payments provider Payment Plus Inc. for an undisclosed amount. PPI will continue to grow its business in Kentucky and the Midwest, Nxgen said. Card-issuing platform Marqeta said it raised $260 million in Series E funding, placing the company’s value at almost $2 billion. Marqeta said the …

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Bad Bots Favor Financial Services, Report Finds

Being Number 1 when it comes to malicious online bot traffic is not the highest praise for the financial-services industry. But, that’s where the industry stands in the “2019 Bad Bot Report: The Bot Arms Race Continues,” released Wednesday by Distil Networks. Of the traffic tracked in the report, 42.2% …

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Dunkin’ Adds Other Payment Forms To Its DD Perks Loyalty Program at 1,000 Locations

Coffee, doughnut, and breakfast sandwich aficionados can now pay with credit and debit cards and even cash and still earn points in Dunkin’ Brands Group Inc.’s DD Perks loyalty program at more than 1,000 test stores, Dunkin’ announced this week. DD Perks is one of the nation’s largest rewards programs, …

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Bank of America’s Zelle Transaction Volume More Than Doubled in the First Quarter

The Zelle person-to-person payments service continues to boom for one of its biggest participants, Bank of America Corp., where transaction volume more than doubled in the first quarter. BofA reported Tuesday that its customers sent or received 58.1 million Zelle transactions via email addresses or mobile-phone numbers, up 103% from …

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Digital Transactions