NXGEN is a technology company that delivers state of the art payment solutions to merchants globally. Founded in 2002, and based in Whitefish MT, NXGEN has grown with local offices across the country and a global footprint in 30 countries. The company has grown from the dreams of Founder/CEO, Thomas …
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Square Adds Payroll Services and other Digital Transactions News briefs from 9/26/18
Payment gateway USAePay completed EMV certification for First Data Corp.’s Rapid Connect platform. USAePay said the certification enables merchants to accept EMV payments, particularly EMV PIN-debit transactions, via its mobile application. First Data Corp. launched a service for card issuers called FirstSense that combines threat intelligence with the company’s fraud-detection …
Read More »Visa Begins a U.S. Contactless Payments Push Again. This Time the POS Hardware Is in Place
It’s another go-around for contactless payments as Visa Inc. prepares an extensive campaign involving issuers, merchants, and consumers to push use of the payment method. The card brand on Tuesday debuted an infographic on contactless payments from across the globe, and touted the preparedness of the U.S. market for the …
Read More »Full PCI Compliance Drops for the First Time in Six Years, Verizon Reports
Full compliance with the Payment Card Industry data-security standard dropped in 2017 for the first time in six years, according to a report released Tuesday by Verizon Communications Inc. New York City-based Verizon’s PCI-qualified security-assessment service, one of the largest in card-related security industry, says 52.5% of the organizations it …
Read More »Nxt-ID To Spin Off Payments Business and other Digital Transactions News briefs from 9/21/18
Nxt-ID Inc. announced it will spin off its payments, authentication, and credential-management assets, including its FitPay unit, into a separate and independent company. It expects to complete the transaction by Nov. 15. Michael Orlando, currently chief operating officer at Nxt-ID and president of FitPay, will become chief executive of the …
Read More »With Stripe Terminal, the Online Payments Specialist Moves Into Face-to-Face Sales
Stripe, the San Francisco-based online payments company, is taking a step to get inside stores. The company on Monday launched Stripe Terminal, a service that puts Stripe’s processing software onto point-of-sale hardware devices that merchants can use to accept payments in their stores. The move follows similar migrations in recent …
Read More »Debit Card Users Take a Liking to Apple Pay And Other Wallets, Pulse’s Annual Survey Finds
More mobile and contactless opportunities may be in the future for debit card issuers. The 2018 Debit Issuer Study from Houston-based Pulse Network, released this week, found 12.2% of debit cards were enrolled in Apple Inc.’s Apple Pay as of January, up from 6.3% in January 2017. Debit card enrollment …
Read More »Ingenico In Toshiba POS Deal and other Digital Transactions News briefs from 9/6/18
TableSafe Inc., a provider of tabletop point-of-sale devices, has certified its RAIL platform for EMV chip cards with processor First Data Corp. Ingenico Group announced Toshiba Global Commerce Solutions is offering Ingenico’s payments-acceptance technology and services from its Telium Tetra platform to Toshiba’s existing and prospective customers. Merchants also can use …
Read More »China Calling
The mobile-payments giants Alipay and WeChat Pay are working hard to expand acceptance outside China, and the United States is a prime market. Here’s what that could mean for U.S. merchants— and for the comparatively less successful U.S. wallets. In the four years since its launch, Apple Inc.’s Apple Pay mobile-payment …
Read More »Another Big Merchant Challenges Visa Over Acceptance Costs
There’s nothing payments executives love more than watching a fight pitting a leading retailer against a big payment card network over credit or debit card acceptance costs and terms. That’s what they’re getting with the current spat between supermarket giant The Kroger Co. and Visa Inc. Citing what it calls …
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