November 17, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Issuing/Originating, Law and Regulation, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
The PCI Security Standards Council released its PCI Mobile Payments on COTS standard that addresses security requirements for services that enable merchants to accept cardholder PINs or contactless payments using a smart phone or other commercial off-the-shelf mobile device.Private equity firms Centerbridge Partners L.P. and Bridgeport Partners completed the acquisition of transaction processor Computer Services Inc. for $1.6 …
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November 16, 2022
Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale, Prepaid Cards, Radio Frequency Technology, Transaction Processing
Months after the introduction of Google Wallet, Alphabet Inc. announced late Tuesday it is expanding the availability of the digital wallet to 12 more countries, bringing the total number of countries where the wallet is available to 57. Users will now also be able to make the wallet available on …
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November 9, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Marketing, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
The tech giant Oracle Corp. early this summer launched a cloud-based payments-processing service aimed at the hotly contested restaurant market, and early on Wednesday the company added a handheld device for servers to use tableside. The new terminal, dubbed the Oracle Micros Simphony mobile order and pay device, runs on …
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November 9, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale, Transaction Processing
California grocer Ralphs has begun accepting Apple Pay in its 184 locations in the state, reported MacRumors.com, citing a company spokesperson. Ralphs is part of the Kroger Co., which Digital Transactions News reported in 2020 was testing contactless payments at some of its locations. Kroger launched its proprietary mobile-payments service Kroger Pay in 2019, but has …
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November 8, 2022
Acquiring, Competitive Strategies, E-Commerce, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing, Vending
Thomas Warsop is taking over as chief executive of payments-technology provider ACI Worldwide Inc., succeeding Odilon Almeida, who is stepping down after serving in that role since March 2020. Warsop formerly was non-executive chair of the board of directors and is being succeeded in that role by board member Adalio Sanchez. Dow …
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November 4, 2022
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale, Transaction Processing
During its third-quarter earnings call late Thursday, PayPal Holdings Inc. announced a multi-pronged omnichannel strategy with Apple Inc. to enhance the company’s offerings for PayPal and Venmo merchants, as well as consumers. Topping the list was PayPal’s announcement that it plans to support Apple Tap to Pay on iPhones. The initiative …
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November 4, 2022
Acquiring, Competitive Strategies, E-Commerce, Electronic Checks, Marketing, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Payments provider FIS Inc. and its Worldpay unit announced they will process all payments at TIAA Bank Field, home of the Jacksonville Jaguars NFL team. The deal includes installation of 600 point-of-sale terminals featuring tap-to-pay functionality. Payments provider Paya Holdings Inc. reported third-quarter payment volume of $12.6 billion, up 14.3% year-over-year. Revenue totaled $71.4 …
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October 14, 2022
Acquiring, Competitive Strategies, Featured, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale
Consumer electronics giant Samsung Electronics is looking to expand to 13 new markets for its Samsung Wallet service. Announced Friday, the expansion of the digital-wallet platform will more than double its presence from the eight nations where it is already available. Samsung Wallet is the new brand for the combined …
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October 11, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
PayPal Holdings Inc. early Tuesday said it is making its new Zettle Terminal available to U.S. merchants generally following a rollout in Europe last year. The $199 device represents the e-commerce payments giant’s latest thrust into physical shops and restaurants and builds on technology acquired when it paid $2.2 billion …
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September 28, 2022
Competitive Strategies, Credit Cards, Debit Cards, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
The big payments processor Elavon Inc. has joined the movement to convert mass transit in the United States to contactless technology for fare transactions. The Atlanta-based company on Tuesday launched its Mass Transit Payments platform, aimed at both public and private agencies and with gateway and acquiring services provided by …
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