Saturday , August 17, 2019

eBay’s Payments APIs and other Digital Transactions News briefs from 6/26/19

  • EBay Inc. announced new payments application programming interfaces for developers, including a Finances API, an Account API, and a Fulfillment API. The new APIs are designed for the online marketplace’s new managed-payments program, in which the company has taken over payments processing from long-time provider and former subsidiary PayPal Holdings Inc.
  • Among consumers who have tried mobile payments, 69% of respondents were satisfied with the experience, the National Retail Federation’s newly released Summer 2019 Consumer View survey says.
  • Credit-union service organization PSCU said it will provide credit and debit card processing to Maps Credit Union.
  • Sionic Mobile said it will use CyberSource for payments security and digital card-payment services with the Sionic ULink product.
  • Fraud-prevention specialist Kount announced the next generation of its technology, which uses artificial intelligence to analyze transactional fraud risk.
  • Mastercard Inc. stockholders on Tuesday rejected two non-management shareholder proposals, one a plan to establish a human-rights committee as a response to far-right groups using electronic-payment systems, and the other to report on the company’s gender pay gap. Management had recommended shareholders vote against both proposals.
  • ATM and payment-services provider Paramount Management Group LLC acquired EZ Payments Inc., a Puerto Rico-based independent ATM deployer; terms of the deal were not disclosed.
  • Early Warning Services LLC’s Zelle peer-to-peer payments service will distribute $2 million in prize money from The Basketball Tournament to winners this summer. The winning team’s top 1,000 fans also will get a share of the prize money. Entering its sixth year and seen on ESPN, TBT is open to basketball players around the world.
  • CardFlight Inc. introduced Level 2 credit-card processing support for its point-of-sale software SwipeSimple beginning July 1.
  • Software developer MagicCube said Cow Hills Retail BV, a point-of-sale software provider, will use its software to enable payment acceptance with commercially available, off-the-shelf devices.

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