Tuesday , May 26, 2020

P2P Users Value Speed and other Digital Transactions News briefs from 3/19/19

  • Fifty-nine percent of consumers cited the ability to pay quickly as a reason they use peer-to-peer payments apps, according to a survey of more than 380 consumers from Tallwave, a digital-services firm. More than 65% have used PayPal and 37% have used Venmo, PayPal’s P2P payment service.
  • Verifi Inc. launched its Self-Service Chargeback Representment service to help merchants manage their chargebacks.
  • First Data Corp. released Authorization Optimization, a service to help merchants manage authorization rates for card-on-file transactions.
  • Airline-owned payment network UATP said it can now offer an installment-payment service from Uplift to its travel partners directly within their travel-booking process.
  • The Independent Community Bankers Association of America said processor Jack Henry & Associates Inc.’s ProfitStars subsidiary now offers its Ensenta remote deposit capture service to ICBA members.

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