Wednesday , September 19, 2018

Near-Field Communication (NFC)

NCR Opts for Bluefin Tech and other Digital Transactions News briefs from 6/29/18

Payments-technology provider Bluefin Payment Systems said NCR Corp. is using Bluefin’s point-to-point encryption service at merchants deploying NCR’s Counterpoint Retail Solution to process payments through NCR Secure Pay. Payments provider Merchant Consulting Group, which was founded in 2005, changed its name to Paystri. Credit-union processor PSCU said its new Lumin …

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Eye on Crypto: Fit Pay Readies Its Flip; Expedia Cancels Bitcoin; Lightning’s Woes; Facebook’s About-Face

It has been a busy week in the cryptocurrency business. On Thursday, technology vendor Fit Pay Inc. announced it is closer to shipping a contactless coin-shaped device called Flip that allows consumers to convert their Bitcoin to U.S. dollars so they can make purchases. Earlier, news emerged that the online …

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Eye on Contactless: Mobeewave Eyes Small Canadian Merchants; U.K. Payments Double

Canadian fintech Mobeewave could see its contactless-payment service for Samsung smart phones expand thanks to a new agreement with National Bank of Canada. And this week a British financial trade group announced that contactless payments in the United Kingdom jumped 97% in 2017. Dubbed National Bank Easy Pay, the service …

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Electronic Payments Notes Milestone and other Digital Transactions News briefs from 6/14/18

A survey from The Fraud Practice LLC, commissioned by Kount Inc., found that Apple Pay acceptance among a group of almost 600 merchants decreased to 35% from 48% a year earlier. Google Pay acceptance dropped from 38% to 25%. Support for near-field communication, the wireless technology that enables Apple Pay and …

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Will A Wider Array of NFC Functions Help Boost Apple Pay?

Ever since Apple Pay launched in the fall of 2014, observers have questioned why the mobile-payment service hasn’t caught on with consumers. One possibility is that the service’s contactless capability remains foreign to most consumers. That could change next month, when Apple Inc. is expected to widen the range of …

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Ingenico Device Wins a Google Certification and other Digital Transactions News briefs from 5/29/18

In an effort to help modernize New York City’s taxi fleet, Curb Mobility has introduced two new tablet initiatives, Dash and Ryde. Dash is a tablet-based digital meter, while Ryde is a customer-facing tablet that links to the Dash meter and provides in-cab entertainment. The new services add to Curb’s …

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The Four Big ‘Pays’ Dominate Mobile Payments, But for How Long?

In four years, the Starbucks mobile-payment service, Apple Pay, Google Pay, and Samsung Pay, will continue to garner large shares of users, but not as much as they do today. That’s the forecast from research firm eMarketer Inc., released Tuesday. Of the four major mobile-payments services, Starbucks Corp.’s app will …

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How Apple’s Goldman Gambit Could Help Lock in Banks Supporting Apple Pay

Apple Inc.’s move to create a new Apple Pay credit card with Goldman Sachs Group Inc. may or may not help boost usage of the mobile-payments service, but one thing it is likely to do is cement Apple’s ties with the thousands of banks that support the service, observers say. …

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Wells Fargo’s Mobile App Moves Payments to Center Stage, Even Before the Log-in

Ever since banks, merchants, and tech companies first introduced mobile services, they’ve looked for ways to entice more usage by streamlining the way consumers interact with little screens. Now Wells Fargo & Co. has decided to put frequently used payments services on the home screen of its mobile app, before …

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USA Technologies Nearly Doubles Its Connection Counts While Leveraging Its Cantaloupe Deal

Unattended payments continue to bear fruit for USA Technologies Inc. as the company said its connections increased 92.3% in its fiscal third quarter from a year ago. Malvern, Pa.-based USAT said its connections totaled 969,000 in the quarter ended March 31, up from 504,000. Its total number of customers, at …

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