Fiserv Inc. has struck a deal with petroleum company Sunoco LP to implement its Carat commerce platform across more than 5,500 service stations. The deal will enable Sunoco dealers to streamline payments by connecting in-store, in-app, at the pump, and in-car payments through the Carat platform. Sunoco dealers will also …
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COMMENTARY: How Payment Orchestration Can Make Sales POP for Online Sellers
With nearly 1 out of 5 shoppers abandoning their carts due to a long or complicated checkout process, today’s merchants are challenged to close retail sales. Combine this with the fact that many merchants have not updated their payment systems in two years, and the result is an inability to …
Read More »Jack Henry’s New P2P Payments Platform And Other Digital Transactions News briefs from 10/25/22
Financial-services technology provider Jack Henry & Associates Inc. launched a real-time peer-to-peer payments platform, based on the Digital Payments Platform from the payments-technology firm Payrailz. Jack Henry acquired Payrailz in September for undisclosed terms.Gr4vy, a U.S.-based payments-technology provider, said Australia’s Woolworths Group will use the company’s payments-orchestration platform to run the retailer’s Wpay service. …
Read More »Adyen Marks Banking Debut And Other Digital Transactions News briefs from 10/24/22
Payments provider Adyen NV launched two new services—Capital and Account, offering to small businesses cash advances, business bank accounts, and card-issuing capability.Payment platform GoCardless launched Protect+, an anti-fraud service offering payor authentication, fraud monitoring, and chargeback challenges.Payments-technology provider Payoneer said it has collaborated with e-commerce platform WooCommerce to enable Payoneer Checkout via a plug-in for small …
Read More »Signifyd Tackles Authorization And Other Digital Transactions News briefs from 10/21/22
Fraud prevention services provider Signifyd launched Fearless Payments, a suite of services to help payment service providers increase authorization rates. Among its features are automated risk decisions, authorization rate optimization, and chargeback guarantees on all approved orders.Diebold Nixdorf Inc. announced it will integrate fraud-prevention technology from Featurespace into its Vynamic payments-processing platform.CSG Forte, …
Read More »Eye on BNPL: Certegy Ties in a Rewards Network, And Klarna Launches a Search App
The buy now, pay later trend, which soared into prominence as a consumer-payments option during the Covid pandemic, continues to gain momentum. Certegy Payment Solutions LLC on Monday said it is working with a Tempe, Ariz.-based Ionia and its rewards platform to offer a BNPL service leveraging Certegy’s risk-management technology. …
Read More »Though Usage Drops, Passwords Continue to Dominate
The tug of passwords remains strong among individuals, though their use has dropped by as much as 9% in some use cases. Data from the second annual Online Authentication Barometer from the FIDO Alliance, an authentication-advocacy organization, still found that password use continues to be strong. That reliance on passwords …
Read More »Pursuing a Single-View Strategy, Square Adds Two New Apps for Square Terminal
Square, the payment-processing unit of San Francisco-based Block Inc., has unveiled two new apps for Square Terminal. The new apps, Square for Retail and Square Appointments, enable merchants to accept payments, returns, exchanges, and inventory inquiries at the counter, on the sales floor, curbside, or by opening another checkout counter …
Read More »Pay With Karma Debuts And Other Digital Transactions News briefs from 10/17/22
Fintech app Karma launched Pay with Karma, an embedded checkout service that enables for consumers a simplified purchase experience across different retailers with multiple payment options.Ammo Inc., owner of GunBroker.com, an online marketplace for the firearms and shooting-sports industry, said it will launch a proprietary payment-processing platform on or about Jan. 1.Mastercard …
Read More »Eye on Chargebacks: ACI Data Show Flat Fraud Attempts And Forter Debuts Smart Claims
Chargebacks are the bane of e-commerce retailers, but new data from ACI Worldwide Inc. indicate many may have them mostly in check. Separately, Forter launched Smart Claims, a product to help better manage chargebacks. Released Thursday, the new ACI data find that overall fraud attempts remained flat at 0.01%, despite …
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