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TSYS Touts Vital POS; $39 Billion in Zelle P2P Payments; KeyBank Issuing Contactless Cards
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KeyBank Issuing Contactless Cards and other Digital Transactions News briefs from 4/24/19
KeyBank said it has begun issuing contactless-enabled Mastercard credit and debit cards. Diebold Nixdorf Inc. said KeyBank will upgrade its network of 1,400 ATMs with Diebold’s DN Vynamic portfolio of software applications that includes ATM management and more options for customers, including selection of bill denominations. Payments provider CCBill LLC announced …
Read More »Visa Eyes More Contactless Cards And More Volume From Visa Direct
Visa Inc. saw payment volume growth of nearly 11% in the quarter ended Dec. 31, and sees ever-more contactless cards and volume on its Visa Direct real-time payments service in its future. Visa on Wednesday reported a respectable first quarter of fiscal 2019, according to its chief executive, despite the …
Read More »Worldpay Links Up With Revel; PenFed To Issue Contactless Cards; Chase Merchant Volume Jumps 17%
Contactless Cards Round 2 Gets Another Boost with PenFed Announcement
PenFed Credit Union announced Tuesday it will begin issuing contactless Visa-branded credit and debit cards this month. The move comes after a decision by Chase, a unit of JPMorgan Chase & Co., to issue dual-interface cards that will be in force this year. The cards are called dual interface because …
Read More »Chase Reconnects With Contactless Cards
Giant card issuer Chase may not be big enough to single-handedly make contactless cards commonplace in the United States, but now that it plans to once again issue tap-and-go credit and debit plastic, the money-center bank could come close. Chase, a unit of JPMorgan Chase & Co., says it will …
Read More »Chase Taps Contactless Cards Again; USAT Gets Some Breathing Room; Big Bump for Payment Data Systems
Chase Gets Back Into Contactless Cards, Signaling Stronger Momentum for Tap-And-Go EMV
Giant card issuer Chase once again will issue contactless credit and debit cards, the bank announced Wednesday. Chase, a unit of JPMorgan Chase & Co., says it will begin later this year issuing contactless EMV cards bearing the Visa Inc. brand, first to its Chase Freedom Unlimited and Chase Slate …
Read More »Contactless Cards in America— When, Oh When, Will They Appear?
The United States is way behind other markets in adopting tap-and-go cards. That’s about to change. Thad Peterson explains why. The main benefit of EMV implementation is the virtual elimination of card-present counterfeit card fraud, and that alone is worth EMV’s massive infrastructure investment. But there’s another benefit to new …
Read More »Visa CEO Predicts 100 Million Contactless Cards in a Year
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But chief executive Alfred F. Kelly gave an eyebrow-raising statistic Wednesday regarding …
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