Payments based on QR codes went live Monday at 8,200 CVS Pharmacy stores nationwide, the largest such deployment so far in the U.S. market and a major step forward for PayPal Holdings Inc., which announced in July its plans to enable the technology for CVS and other chains. With the …
Read More »Search Results for: digital wallets
BitPay Brings Crypto to the Mass Payout Market With BitPay Send
As firms look for ways to speed up and secure simultaneous payments to multiple workers or contractors, cryptocurrency has entered the picture. BitPay Inc., an Atlanta-based processor that offers crypto e-wallets, on Thursday said it has added a mass-payout service that will let companies pay gig workers, contractors, and other …
Read More »Walmart in Canada Will Introduce Debit on Apple Pay And Google Pay Via Interac
Walmart Inc. will start next spring allowing customers in Canada to pay with debit in-app and in-browser using wallets like Apple Pay and Google Pay, the Canadian national payments network Interac announced Tuesday. Interac positions the new service as enabling so-called proprietary wallets, which it confirmed includes the apps from …
Read More »MagTek’s New DynaFlex Targets Payment Acceptance Flexibility
MagTek Inc. released its DynaFlex platform. Announced Tuesday, the platform can serve as a countertop or mobile device, be mounted to a tablet, or affixed to a standalone kiosk. Designed to work with multiple configurations, DynaFlex is compatible with Windows and Android devices. It can accept payment via magstripe, EMV …
Read More »14th Annual The 10 Most Pressing Issues in E-Payments
Each year, Digital Transactions uses this space to lay out the problems impacting the payments industry. This time, the Covid-19 pandemic has inflected our coverage across a wide range of issues. The solutions will have to be far from business as usual. 2020 has been one of those years you …
Read More »More Affinity for Contactless, But Also More Fraud Fears, a Fiserv Consumer Survey Reveals
Unlike the case with previous changes in consumer payment behavior that took years, if not decades, the Covid-19 pandemic has accelerated adoption of touchless payments, as more and more consumers look for hygienically safer and convenient ways to pay, says a Fiserv Inc. report released Friday. The report surveyed 1,037 consumers …
Read More »Shift4 Adds an Ordering Capability to Its QR Code Technology for Restaurants
Shift4 Payments Inc. on Monday announced it is expanding its Quick Response code capabilities for restaurant clients to include an ordering function. Customers will now be able to scan a QR code displayed by the eatery to bring up a menu and to place an order, the Allentown, Pa.-based processor …
Read More »Fast-Growing Shopify Adds a Crypto-Fiat Hybrid Payment Gateway From Alchemy Pay
Shopify Inc., an e-commerce payments and marketplace platform that accounts for more U.S. e-commerce sales than any other company besides Amazon.com Inc., is adding a gateway that will allow consumers to pay for products from Shopify online stores using a choice of digital or fiat currencies. The so-called hybrid service …
Read More »The Sudden Ascent of QR Codes
Efficient and fast, the funky-looking barcodes are having their day in the sun as the Covid-19 pandemic channels consumers toward contactless payments. It has become commonplace to observe that the Covid-19 pandemic has energized contactless payments, and all the numbers seem to bear that out. But contactless at the point …
Read More »Eye on Investment: Payments Firms Rev.io, Melio, Thunes, And Mollie Announce Funding Rounds
Evidence emerged Tuesday that Covid-19 fears are far from suppressing investor interest in payments as two U.S. and two European companies announced funding news. Atlanta-based Rev.io, an 18-year-old provider of billing platforms, said it has received a “significant growth equity investment” from Primus Capital. The company did not disclose the …
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