The big Internet services provider GoDaddy Inc. said on Tuesday it is using its Manage WooCommerce Stores technology to help sellers open and manage a store on the WordPress online platform. The move, which could bring more small sellers into the e-commerce fold, is aimed at untangling the complexity GoDaddy …
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Moneybird Picks Adyen And Other Digital Transactions News briefs from 11/30/22
Payments provider Adyen Inc. said Moneybird, a software-as-a-service platform, has agreed to use card-issuing and business-accounts services the payments company has recently released. Prepaid card specialist Blackhawk Network announced its rebates-redemption platform has exceeded 1 billion transactions. Rebates are processed via branded gift or prepaid cards. POSaBIT Systems Corp., a specialist in payments processing …
Read More »LaGuardia Restaurants Add Contactless And Other Digital Transactions News briefs from 11/29/22
OTG Management, which manages airport restaurants, said it is supporting contactless payments and an expansion of Apple Pay and Google Pay acceptance, along with PayPal and Venmo, at two newly opened restaurants at LaGuardia airport. BigCommerce said merchants using its e-commerce sales had a 31% increase year-over-year in gross merchandise value …
Read More »POSaBIT Enters Vermont And Other Digital Transactions News briefs from 11/28/22
POSaBIT Systems Corp., a point-of-sale system maker for the cannabis industry, said its system is now available in Vermont, making it the 21st state for the company’s products. Bread Financial Holdings Inc. said its buy now, pay later product is now available to participating Versatile Credit Inc. merchants and their …
Read More »The Perilous Language of Fraud And Other Digital Transactions News briefs from 11/16/22
Criminals’ use of language can trip up even savvy consumers, found a new report from Visa Inc. The “Fraudulese: The Language of Fraud” report found that 73% of consumers are likely to miss the requisite red flags in digital communications. The data is based on surveys of 6,000 adults in 18 countries. …
Read More »ACI’s Push Payment Fraud Forecast And Other Digital Transactions News briefs from 11/15/22
Authorized push payments fraud is expected to reach $5.25 billion in fraud losses in the United States, United Kingdom, and India by 2026, according to research from ACI Worldwide Inc. and GlobalData, an analytics firm. In 2021, U.S. authorized push payment fraud was $1.6 billion and is forecasted to be $3.1 …
Read More »FTC Probes Tokens and Routing And Other Digital Transactions News briefs from 10/18/22
The Federal Trade Commission has launched a probe into whether security tokens issued by Visa Inc. and Mastercard Inc. interfere with the ability of processors to route debit card transactions to alternative networks, according to The Wall Street Journal. Network choice for debit card transactions is mandated by the Durbin Amendment to the 2011 …
Read More »Second Thoughts On Gun Code And Other Digital Transactions News briefs from 9/20/22
The Wall Street Journal reported that Republican attorneys general for 23 states have warned American Express Co., Mastercard Inc., and Visa Inc. to stop their effort to create a merchant code for gun stores, alleging the effort could result in a mishandling of consumer data and would fail in its purpose of preventing gun …
Read More »Dutchie POS Launches And Other Digital Transactions News briefs from 8/23/22
Dutchie, which develops technology for cannabis retailers, unveiled Dutchie POS, which includes a hardware terminal and point-of-sale software.In related news, point-of-sale technology vendor POSaBIT Systems Corp. announced an agreement to license its point-of-sale technology to an unnamed “large cannabis technology partner.” The agreement calls for a one-time fee to POSaBIT of $500,000, …
Read More »ACH-Based Dutchie Pay Debuts And Other Digital Transactions News briefs from 7/21/22
Dutchie, a provider of commerce technology for cannabis businesses, launched Dutchie Pay, which allows consumers to pay online with transactions handled on the automated clearing house network.One Inc announced Harford Mutual Insurance Group has adopted its ClaimsPay service to process claims payments digitally.The fintech Airwallex said it has launched its Online Payments App …
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