Wednesday , December 12, 2018

Mastercard Triples Engage Vendors and other Digital Transactions News briefs from 2/26/18

  • Point-of-sale equipment maker Ingenico Group said it has begun integrating Google Pay Smart Tap into its POS terminals in the United Kingdom, enabling Google Pay users to transmit their loyalty information, coupons, and offer redemptions in a single tap along with the payment. Ingenico said this is the first step in an international deployment of the integration.
  • Mastercard Inc.’s Engage platform has tripled the number of participating vendors to 150 since its launch a year ago. The platform seeks to offer products for issuers, merchants, and Internet of Things device manufacturers.
  • Punchh, a provider of digital-loyalty technology for restaurants, announced it has added nine new clients, bringing its total client base to more than 100 brands around the world.
  • Dynamics Inc. has added two-way communication capability to its Wallet Card, a plastic card featuring advanced on-card controls for cardholders. Using the card’s telecommunication link, cardholders can now communicate with issuers in addition to receiving messages from them.
  • Payment technology provider ACI Worldwide Inc. said it will provide fraud-control services to airline customers of Travelport Worldwide Ltd., developer of a travel commerce platform.
  • Recode.net reported that Amazon.com Inc. this year plans open as many as six more Amazon Go convenience stores, where customers pick items and leave the store without stopping at a checkout counter but instead are charged through their Amazon accounts.
  • Two state senators in Georgia have submitted a bill to amend the state’s tax law to allow residents to pay taxes and license fees with Bitcoin and other digital currencies. Georgia is home to BitPay, a major cryptocurrency exchange, as well as more than 100 Bitcoin ATMs. The proposal in Georgia follows a similar one in Arizona.
  • M-KOPA, an energy provider in Africa, will test Mastercard’s quick-response (QR) mobile-payment technology to bring electricity to more users of its pay-as-you-go solar-energy program. Users will open an app to scan a QR code embedded on battery packs provided by the energy company. Users of feature phones can use short codes.
  • The number of health-care providers offering patients an IVR (interactive voice-response) payment option shot up to 50% from 7% a year ago, according to a survey by payments processor BillingTree.

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