Tuesday , May 22, 2018

News

May, 2018

  • 17 May

    PayPal Is Buying Sweden’s iZettle for $2.2 Billion

    In its biggest acquisition yet, PayPal Holdings Inc. is buying Stockholm-based payments firm iZettle AB for $2.2 billion. The San Jose, Calif.-based online payments provider late Thursday confirmed an afternoon of rumors about the pending deal. Jacob de Geer, iZettle’s chief executive and co-founder, will stay on after the acquisition’s …

  • 17 May

    Coinstar Adds Amazon.com Option and other Digital Transactions News briefs from 5/17/18

    Retail ATM network owner and operator Cardtronics plc said Fifth Third Bank will place its brand on more than 800 Cardtronics ATMs at Speedway LLC convenience stores in Ohio, Indiana, and Kentucky. In related news, Indiana-based German American Bank said it has joined Cardtronics plc’s Allpoint network, giving its customers access …

  • 17 May

    Retailers Amp Up Fraud Prevention for Their Online Gift Card Sales

    Selling gift cards online makes a lot of sense for many merchants, but criminals know that, too, and have quickly figured out ways to steal the cards. Now, as merchants have increased their sophistication in countering these thefts, so too have criminals figured ways to foil the merchants. “Gift cards …

  • 17 May

    However It Will Work, the Common Buy Button Isn’t Going to Appear Any Time Soon

    With each week that passes, the so-called unified buy button concept introduced by the major card networks last month takes on more definition, but despite all the discussion, the idea of an online checkout shared by multiple payment networks remains too vague—and too futuristic—to suit some expert observers. “I keep …

  • 16 May

    Payment Processor Spindle Cancels an Acquisition, But Rents the Target Company’s CEO

    The struggling merchant processor Spindle Inc. canceled its planned acquisition of independent sales organization and gateway provider VyaPay, but reported Wednesday that it plans to form a so-called strategic alliance with VyaPay, and VyaPay’s chief executive will provide day-to-day management of Spindle. Mesa, Ariz.-based Spindle, whose shares trade over the …

  • 16 May

    Items Like Screenshots And Dates Are Vital Info Under the New Visa Claims Resolution Program

    E-commerce merchants are beginning to learn efficient ways to navigate the newly launched Visa Claims Resolution program for managing chargebacks. With the increasing emphasis among consumers and merchants on making more of their transactions in the digital realm, Visa Inc. launched in April its new chargeback-resolution program that includes shortened …

  • 16 May

    Paya Offers CardFlight’s SwipeSimple and other Digital Transactions News briefs from 5/16/18

    First American Payment Systems LP announced an integration with the Uluro billing and communication platform that is used across multiple industries. Payments provider Paya said it now offers the CardFlight SwipeSimple product to its merchants. Merchant processor Payment Data Systems announced record revenue of $5.8 million in the first quarter, …

  • 15 May

    Eye on Transit: How Payment Convenience Could Boost Ridership; DART Updates Mobile App

    It’s easy to see how convenience in the form of longer service hours and lower fares might increase ridership on public transportation systems, but new survey results show that mobile apps that combine various transit options, including payments, could also boost ridership. London-based mass-transit software developer Masabi Ltd. recently released results …

  • 15 May

    Ticketing App Atom Tickets Adds Landmark Theatres to a Stable of Major Movie Chains

    The movie-ticketing app Atom Tickets has struck a deal with Landmark Theatres, said to be the country’s largest exhibitor of independent films, to add the company’s 53 theaters and 255 screens in 27 markets across the country. The deal will boost Atom Tickets’ coverage that includes more than 20,000 screens …

  • 15 May

    Generation Z: The Unknown Factor

            The payments industry has long been focused on Millennial consumer habits and with good reason: They are a highly influential consumer base and our first generation of digital natives. Now, however, it’s time to be aware of an even more revolutionary demographic stepping into the payments …