Friday , October 19, 2018

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

MPaay Combines Loyalty, Rewards, And Payments in One App

With the recent release of MPaay by New Media Insight Group Inc., merchants have another option when considering a smart-phone app that can provide mobile loyalty, rewards, and payments capabilities. n Consumers choose from three options to make a payment. One is via existing point-of-sale terminals at merchants that accept …

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Braintree Expands Availability of One Touch Mobile Payments

  Braintree, the PayPal Inc.-owned online processor, says it has expanded the availability of its One Touch mobile-payments service into international markets. Announced in September for U.S. merchants, One Touch enables consumers to make payments without typing their user names and passwords for each transaction. Braintree says this helps reduce …

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Mobile Commerce Soars As Consumers Begin Their Holiday Shopping

  Consumers wielding smart phones and tablets put their PayPal accounts to work over the just-passed holiday-shopping weekend. PayPal, a unit of eBay Inc. until its anticipated spinoff in 2015, says its global mobile-payments volume increased 62% on Black Friday, the day after Thanksgiving, over the same day in 2013. …

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Parking Garage Operator Says Card Readers at 17 Locations Were Hacked

  Parking-garage operator SP Plus Corp. says card readers at 17 garages it operates were hacked this fall, with one breach extending back to April. Chicago-based SP Plus says the company that provides and maintains the payment card systems in the 17 garages—10 are in Chicago, three in Evanston, Ill., …

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CFPB Rules May Aid Larger Prepaid Card Issuers: Report

  The 870-page tome of proposed rules issued Nov. 13 by the Consumer Financial Protection Bureau to govern prepaid cards may end up benefitting the top prepaid card issuers, says securities-rating agency Fitch Ratings. The regulations would require so-called “Know Before You Owe” disclosures and aim to improve consumers’ access to account …

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OrderWithMe Debuts Service To Help Small Merchants Counter Showrooming

  Consumers walking around stores with their smart phones in hand often send a potentially troublesome signal to many retailers. The shoppers could be shopping an online retailer’s site while using the brick-and-mortar merchant’s store as a showroom. It’s a phenomenon that Las Vegas-based OrderWithMe Inc. says it can help …

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Stress on Data Helps Swipely Hit $4-Billion Mark in Processing Volume

  Merchant-services provider Swipely Inc. says it is now managing more than $4 billion in annual sales generated by its restaurant, hospitality, and retail clients, representing a four-fold increase over 2013, the company says. Providence, R.I.-based Swipely chief executive Angus Davis says the company’s three-pronged sales approach helps. In addition …

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Digital Wallets Are Pushing up Conversions, Making Them a Prime Target for Acquirers And Gateways

  Digital wallets, especially when used for mobile commerce, are gaining increasing favor among consumers, finds a report from the Adobe Digital Index, a research unit of Adobe Systems Inc., which carries implications for acquirers and payment gateways. In a survey of 400 U.S. consumers, Adobe found that the number …

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Coinbase Adds Tip Mechanism for Bitcoin Micropayments

  Bitcoin wallet provider Coinbase has launched a “tip” button to enable Coinbase users to make micropayments to Web-site owners. San Francisco-based Coinbase says the button can be used to make one-click payments. The default amount is 300 bits, or about 10 cents this week. Senders can choose other amounts, …

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