As criminals continue to target e-commerce transactions, online retailers are tasked with employing advanced methods to thwart them. Paay LLC, an authentication-services provider, and OpenPath Inc., an Irvine, Calif.-based payment-services company, are developing a universal 3-D Secure plugin to help with that. Slated to be available in the second half …
Read More »Search Results for: digital payments
Major Brands Lag on Mobile Acceptance Despite a Drive for Contactless, a Study Finds
After the pandemic struck a year ago, stores scrambled to install technology to support a wide range of payment options, including tap-and-pay, to reassure skittish consumers. But now a new report indicates those efforts may not have gone as far as many have assumed, particularly in the area of contactless …
Read More »Money 2020
Money20/20 is the premier show on the industry calendar where C-level executives, renowned speakers, innovators and disruptors from across the world drive change in the future of money. In Las Vegas we facilitate 4 remarkable days of the right conversations, the right connections and the right discoveries which enable individuals …
Read More »A DoJ Investigation of Visa Is the Latest Chapter in a Long History of Probes Into Network Policies
The news that the U.S. Department of Justice is probing debit card routing practices at Visa Inc. follows on a long history of such investigations and could portend a more serious attitude by regulators to address longstanding merchant complaints about network routing and pricing. “This is one more heavy step …
Read More »Blackhawk Network Launches eGiftcard Platform
With more merchants embracing omnichannel sales strategies that blend brick-and-mortar and e-commerce shopping, Blackhawk Network Inc. is enabling merchants to sell digital gift cards in-store. With Blackhawk’s eGift card platform, merchants can engage customers at multiple marketing touchpoints throughout the store, such as gift card racks and gift card displays …
Read More »Citcon Seeks to Smooth the Way for U.S. Online Sellers to Reach E-Wallets Overseas
Citcon USA LLC is looking to connect U.S. e-commerce merchants with an array of digital wallets used by consumers in Latin America and Southeast Asia. The San Jose, Calif.-based company said late Thursday a single integration will enable transactions on more than 100 wallets used by consumers from a diverse …
Read More »Post-Covid, Look for a Take-off in In-Store Volume, Led by Innovative Payment Technology
With global economies expected to re-open as more consumers receive Covid-19 vaccinations, in-store retail spending will hit $22.8 trillion worldwide in 2022. That’s after in-store sales fell 7% in 2020 as many consumers shifted purchases online. The projection comes from London-based Kaleido Intelligence Ltd. While the Covid-19 pandemic impacted in-store …
Read More »Soaring Levels of Tap-and-Pay Transactions Will Stick in Post-Covid Times, CardFlight Predicts
Contactless payments at small businesses served by point-of-sale technology provider CardFlight Inc. soared 296% in the past year, according to the payments provider’s latest Small Business Report. The report, initiated a year ago at the start of the Covid-19 pandemic, also found that overall sales at small businesses increased 56% …
Read More »Eye On BNPL: Afterpay, Flexiti, And Why Consumers Are Embracing Multiple Apps
Buy now, pay later continues to be a hot option as retailers look for ways to entice shoppers to buy more and increase online conversions and in-store traffic. Afterpay Ltd. announced Wednesday that its fifth bi-annual Afterpay Day promotion will include brick-and-mortar retailers for the first time. The event is scheduled …
Read More »Sports Betting Offers Processors a Rapidly Growing Opportunity As States Sign on
With 21 states having legalized sports betting in one form or another, major payments processors sense a growing opportunity. The latest development comes from Virginia, where Nuvei Corp. said Wednesday a subsidiary has been granted a sports-betting vendor registration by the Virginia Lottery. “The company can now offer its innovative payment …
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