Tuesday , April 16, 2024

Search Results for: bill payment

Cardtronics Feels 7-Eleven Impact and other Digital Transactions News briefs from 11/2/18

ATM network owner Cardtronics plc reported revenues of $340.2 million for the third quarter, down 15% from $402 million a year earlier primarily because of the removal of its ATMs from its former largest retailer customer, 7-Eleven Inc., and currency effects. U.S. same-store withdrawal transactions rose 6%, driven by growth …

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The ACH Network Extends Its Hot Streak And Looks to Even Bigger Gains for Same-Day Volume

Transactions on the nation’s automated clearing house network exceeded 5.6 billion in the quarter ended Sept. 30, rising by 354 million transactions, or 6.7%, compared to the same quarter in 2017, according to numbers released Thursday by NACHA, the regulatory body for the ACH. The third-quarter growth means volume has …

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Eye on Mobile: Apple Pay’s Growth Surge Continues; Mitek Cool to Buyout Offer

Apple Pay continues to gain strong adoption, Apple Inc. chief executive Tim Cook reported Thursday. Also on Thursday Mitek Systems Inc., a small but prominent provider of software for mobile remote deposit capture and identity verification, gave a decidedly cool response in its first comments about a $425 million buyout …

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Eye on the Checkout: Target Adds Mobile Checkout; Harry & David Updates Online Checkout

Target Corp. is adding mobile checkout to its stores in time for the holiday shopping season, the Minneapolis-based retailer announced Thursday. Target employees, equipped with handheld devices, can accept card payments anywhere in a store after scanning each product in a shopping cart. The service enables consumers to skip the …

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Paya Says Its Deal for Stewardship Technology Positions the Processor Squarely in a Growth Market

Left behind in the last decade’s rush to sign up merchants for electronic payments is the non-profit sector, made up chiefly of faith-based organizations that collect billions of dollars yearly in offerings and donations—most of it in cash and checks. Still, payments providers are starting to pay attention, and on …

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Bypassing Customs

Across the world, governments are cracking down on immigration. Cross-border payments, however, continue to grow with the global economy. Will blockchain be next? President Donald Trump has made cracking down on both illegal and legal immigration to the United States a showpiece, though controversial, policy of his administration. European countries, …

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Acquirers Can Anticipate a Nice Volume Increase Over the Holidays

Merchant acquirers, especially those in the e-commerce and mobile-commerce space, can look forward to strong holiday payment card volumes this year, according to online-commerce analytics firm eMarketer Inc. New York City-based eMarketer’s “Holiday Shopping 2018: A Strong Economy Sets the Stage for a Spending Surge” report released last month predicts …

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Amazon Seeks Western Union E-commerce Aid and other Digital Transactions News briefs from 10/31/18

USA Technologies Inc., a vendor of payment-acceptance technology for self-serve machines, launched its ePort G9 in Canada. The device accepts contactless debit cards equipped with Interac Flash. The Western Union Co. said it has been asked by Amazon.com Inc. to develop a service that will allow overseas shoppers to pay …

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Eye on Restaurants: BAMS Caters to Full-Service Restaurants; CardFree Launches Pay-At-Table

Payments provider Bank of America Merchant Services announced it and talech, developer of a cloud-based point-of-sale system that uses Apple Inc. iPads, are going after full-service restaurant and bar owners. Announced Tuesday, the deal will see BAMS, which is a merchant-acquiring alliance between First Data Corp. and Bank of America …

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Mastercard CEO ‘Very, Very Optimistic’ About the Coming Common Buy Button for E-Commerce

Mastercard Inc. president and chief executive Ajay Banga says he’s “very, very optimistic” about the Secure Remote Commerce initiative to reduce clutter on online checkout pages. Banga’s comments came Tuesday morning as he reviewed Mastercard’s results for the third quarter, a period in which U.S. purchase volume rose 10.7% year-over-year …

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Digital Transactions