Digital Transactions Authoritative, insightful and timely information for payments professionals
• Merchant processor SignaPay Ltd. announced the official launch of its PayLo software, which allows merchants to collect what the company calls a “small” service fee on each transaction processed on merchants’ point-of-sale terminals. The fee is waived if the customer uses cash or a gift card. SignaPay says the software is …
February, 2017
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21 February
As Retailers Ramp Up Their Mobile Wallets, Android Pay Also Expands Its Reach
By Jim Daly@DTPaymentNews As retailers such as Wal-Mart Stores Inc. and Kohl’s Corp. ramp up their mobile wallets, the tech companies that offer general-purpose SimplyTapp Inc. developed the original HCE technology. Google, now the main subsidiary of Mountain View, Calif.-based Alphabet, included HCE in late 2013 in Android 4.4, also …
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21 February
Synchrony Financial’s Growing CareCredit Unit To Buy Citi’s Health Card Portfolio
By Jim Daly@DTPaymentNews CareCredit, the health-care financing unit of the big private-label and cobranded credit card provider
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21 February
Klarna Allies With Radial As It Builds U.S. Market Share in Online And Mobile Payments
Up against formidable competitors like PayPal Holdings Inc., Sweden’s Klarna is seeking every edge it can find for increased U.S. market share in online payments. That effort received a boost on Tuesday with the announcement by omnicommerce specialist Radial that it has integrated Klarna on it platform, which supports hundreds …
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20 February
In the Cascade of Retailer Mobile Apps, Store Cards, Brand Strength Will Matter
By John Stewart @DTPaymentNews Not all private-label charge and prepaid card programs are equally successful, and so neither will be the proprietary mobile wallets recently launched by merchants. Factors that are likely to lead to a successful app include the strength of the retailer’s brand, its commitment to either convenience …
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20 February
Ingenico Readies Its POS App Marketplace for U.S. Merchants And Acquirers
By Kevin Woodward@DTPaymentNews Point-of-sale terminal maker Ingenico Group is bringing its POS app store based on its Telium Tetra operating system to the United States this year, company officials tell Digital Transactions News. POS apps enable merchants to load and use business software than can help with employee scheduling, manage …
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20 February
A Health Care Payment Option Launches and other Digital Transactions News briefs
• Abilene Diagnostic Clinic has adopted the One Bill solution from health-care payments processor InstaMed, allowing patients to deal with a single statement embracing all ADC locations. • In related news, Change Healthcare, a specialist in analytics software, introduced Personalized Communications for its billing and payments solution. The new service is aimed at billing …
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17 February
U.S. Chip Card Saturation Helps Bring Global EMV Growth Nearly to a Standstill
By John Stewart @DTPaymentNews Big markets like the United States and China have been boosting EMV chip card shipments for years, but now those two growth engines are sputtering. Worldwide contactless EMV. Currently, most EMV cards in the U.S. market require users to insert the card into a chip reader …
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17 February
TouchSuite Buys American Bankcard and other Digital Transactions News briefs
• TouchSuite, a merchant-services company operated by American Bankcard LLC, announced it purchased Merchant Bankcard Systems of America, which has approximately 1,000 merchants in its portfolio. Terms of the deal, which closed Feb. 7, were not disclosed. • Middleware provider Datacap Systems Inc. said it completed level 3 EMV certification with …
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16 February
Visa Takes Another Step Toward IoT Payments, With the Help of IBM’s Watson Platform
By John Stewart @DTPaymentNews A year ago, Visa Inc. expanded its Visa Ready program beyond mobile point-of-sale terminals to support tokenized payments on a wide variety of Internet-connected devices. On Thursday, the payments company took the next step in that plan, announcing a collaboration with IBM Corp. that will allow …
