Sunday , August 18, 2019

Kroger Pay Launches and other Digital Transactions News briefs from 2/13/19

  • Grocer The Kroger Co. launched Kroger Pay and the Kroger Rewards debit card. Kroger Pay, available for iOS and Android mobile devices, is a Quick Response code-based mobile-payment service, which also includes digital coupons and personalized offers. Currently, Kroger Pay is available in Columbus, Ohio, with plans for nationwide expansion later this year. The debit card connects to a consumer’s checking account and can be used as a payment option in Kroger Pay. Kroger Pay also works with other credit, debit, and prepaid cards.
  • Alipay, the mobile wallet from Ant Financial Services Group, said Walgreen Co. will begin to accept the wallet in its U.S. stores. Currently, Alipay acceptance is enabled at 3,000 Walgreen’s locations and by April will expand to more than 7,000 locations.
  • APS Payments announced a preferred-provider deal for members of the Arizona Lodging and Tourism Association.
  • The Iowa State Fair, one of the nation’s biggest fairs by attendance, has ordered all of its vendors to accept credit and debit card payments by 2020, the Des Moines Register reported. The fair recently informed vendors that they will be required to use Clover point-of-sale equipment from First Data Corp. that can be rented, leased, or purchased for $499. More than half the vendors already accept cards.
  • CardFlight Inc. said more than 50,000 small businesses use its SwipeSimple mobile point-of-sale service.
  • Semafone, a data-security provider for call centers, said InstaMed, which specializes in health-care payments, will use Semafone’s technology to secure telephone-based payments.
  • Financial-technology provider Rapyd announced it raised $40 million in Series B funding led by General Catalyst and Stripe, with participation from Target Global, IGNIA, and others. Rapyd said the funding will help expand its payment technology platform.
  • The Women’s Network in Electronic Transactions (Wnet) announced its 2019 leadership team, including Carol Grunberg as president. Grunberg is head of growth for global and strategic partnerships at Ant Financial.
  • Mastercard Inc. said chief financial officer Martina Hund-Mejean will retire after more than a decade in the role. Chief financial operations officer Sachin Mehra, who joined Mastercard in 2010, will succeed Hund-Mejean as CFO April 1.

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