Tuesday , November 12, 2024

Search Results for: digital payments

Aided by Mobile Tech And Social Media, Digital Payments Are Surging Globally

While the U.S. market wrestles with its nearly 6-month-long transition to EMV chip cards and contactless payments based on near-field communication (NFC) technology, the rest of the world is surging ahead with contactless, online, and mobile transactions, according to the latest report from Juniper Research. Total digital payments worldwide will …

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How the Spread of Digital Payments Is Driving Online Links for Remote Devices

The increasing penetration of digital payments worldwide is helping drive conversion of point-of-sale terminals, vending machines, and parking meters from standalone devices to connected machines, according to a report released Tuesday by Berg Insight, a Gothenberg, Sweden-based research firm that follows the wireless market. Worldwide, Berg forecasts the number of …

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Bill Pay: Paper in, Digital Payments out

Americans overwhelmingly prefer to see paper bills, but most then go ahead and pay them electronically. That’s a key finding from a study released last month sponsored by the U.S. Postal Service’s Office of the Inspector General. The three-month analysis of customer records from a major East Coast utility found …

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Visa Chief Scharf Holds out Digital Payments As Olive Branch to Fee-Weary Retailers

In the wake of an important Supreme Court decision early last week, Visa Inc.’s chief executive Thursday afternoon sounded a conciliatory note on the company’s often fraught relations with merchants and touted Visa’s digital-payments initiatives as a way of bringing more value to retailers in return for the fees they …

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Endpoint: P2P: Digital Payments’ Trojan Horse

Look for the real-time payments revolution to start in an unlikely place, the long-derided world of P2P payments, says Steve Mott. Payment networks are seemingly locked in the physical world. They expect compensation and eschew risk as if P2P or any real-time debit mechanism will behave like plastic cards. Steve …

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Mastercard And Bill Payments and other Digital Transactions News briefs from 10/28/24

Mastercard Inc. has launched Bill QKr, a service supporting merchants and acquirers in accepting and more quickly processing card-based bill payments. 2C2P, AXS, CardUp, Curacel, and FitBank are among the first to adopt the new service. Real-time cross-border payments platform Nium launched Nium Verify, a service the company says can verify both business …

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Hallmark Greeting Cards Line Now Has Digital Gift Cards Via InComm Payments

As the Christmas holiday shopping season nears, Hallmark Cards Inc. is readying a new greeting card line that is available with digital gift cards. Kansas City, Mo.-based Hallmark says the launch of its Gift Card Greetings Web site enables consumers to purchase a physical greeting card that comes with a …

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Oracle Health Payments Debuts and other Digital Transactions News briefs from 10/16/24

Oracle Corp. launched Oracle Health Payments, which the company says combines gateway routing, processing, and acquiring in a single contract for health-care providers. Capabilities include tap-to-pay with Apple Pay, Google Pay, or Samsung Pay. Visa Inc. said it is collaborating with Analytic Partners to enable a data-analytics service for merchants. The fintech Pivot …

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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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AppBrilliance Teams With Wallet Factory to Bring Real Time Payments to Digital Wallets

AppBrilliance Inc., a provider of real-time payments, has partnered with digital-wallet solutions provider Wallet Factory to enable real-time payments on Wallet Factory’s platform. Wallet Factory will use AppBrilliance’s Money API to enable payments on closed-loop digital wallets via The Clearing House’s RTP and the Federal Reserve’s FedNow networks. AppBrilliance launched …

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Digital Transactions