Thursday , March 28, 2024

InComm Card Available in the ‘Pays’ and other Digital Transactions News briefs from 11/28/17

  • Research firm comScore Inc. said Thanksgiving e-commerce spending on desktop devices totaled $1.57 billion, a 22% increase from last year. Black Friday spending was $2.36 billion, a 20% increase from 2016. ComScore said 115 million consumers visited online retail sites on Thanksgiving, with 61% of them only visiting using a mobile device.
  • U.S. Cyber Monday activity was up 12% on a same-store basis compared to last year in terms of both online revenue and online transaction volume for merchants monitored by Rakuten Marketing.
  • Prepaid card program manager InComm announced its My Vanilla card is available in the United States on mobile wallets from Alphabet Inc., Apple Inc., and Samsung Electronics Co. Ltd. The My Vanilla prepaid Mastercard is available for Apple Pay and Samsung Pay. The My Vanilla prepaid Visa card works with those services as well as Alphabet’s Android Pay. Both cards are issued by The Bancorp Bank.
  • Vending-machine operator Lincoln County Vending has agreed to install contactless acceptance on all of its vending machines through USA Technologies Inc. The number of machines was not disclosed.
  • Payment-gateway operator Apriva said it is working with parking-reservation company SpotHero to support EventHero, a mobile service that allows venues to manage parking reservations and payments.
  • Airbnb has introduced a feature allowing multiple persons to split the cost of a rental stay. Until now, the group organizer had to pay the full cost of the rental and then collect from the group.
  • The Accredited Standards Committee X9 Inc. released a new standard that allows financial institutions to use the Advanced Encryption Standard algorithm for encryption of PINs, cardholder data, transaction authentication, and more.
  • FreedomPay, a payments provider for hospitality merchants, appointed Christopher Kronenthal president. He had previously served as the company’s chief technology officer.

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