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Search Results for: mobile wallets

As International Travel Rebounds, Citcon Works With Alipay to Bring Alipay+ to U.S. Merchants

E-commerce wallet-technology provider Citcon USA LLC has partnered with Alipay to enable merchants in the United States to accept e-wallet payments from international travelers through the Alipay+ platform. Alipay+ is a cross-border mobile-payment platform that enables consumers traveling abroad to make purchases using a chosen payment method.  The partnership marks …

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Who’s Afraid of SoftPOS?

The technology is building momentum as merchants of all sizes displace POS terminals with commercial off-the-shelf devices. There are some issues. It wasn’t all that long ago that the idea of turning an ordinary smart phone into a point-of-sale terminal seemed like a pipe dream. But more than a decade …

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Payment Apps Are Making Steady Strides With Consumers, an ETA/TSG Study Shows

Roughly a decade after Apple Pay and other digital wallets burst into the U.S. payments market, the apps seem to be well on their way toward mass adoption, according to consumer-survey results released early Wednesday by the Electronic Transactions Association and the consulting and research firm TSG. In line with …

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2024 Juniper Trends Range from Account-to-Account Payments to Value-Added Services Atop FedNow

As 2023 winds down, Juniper Research is out with its top 10 trends for payments and fintechs in 2024. Chief among them is a challenge to cards in e-commerce and funding for wallets through account-to-account payments. Closely related is the prospect for FedNow, the nascent real-time payment service from the …

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Zelle’s New Education Campaign And Other Digital Transactions News briefs from 11/14/23

Zelle, the person-to-person payment service from Early Warning Services LLC, said it will launch a consumer education campaign video series this month to help educate consumers how to spot and avoid financial scams, specifically imposter scams. Zelle, in a statement to Digital Transaction News, also said most Zelle transactions—99.9%—are without any …

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The CFPB Aims To Increase Its Oversight of Non-Bank Digital Wallet Providers

The Consumer Financial Protection Bureau late Tuesday said it is expanding its efforts to increase oversight of large, non-bank technology firms with a proposed rule that would subject companies that issue digital wallets to the same regulations as those that cover wallets from financial institutions. The proposed rule, which would …

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OpenTable And Uber Team Up To Stimulate Diner Traffic During San Francisco’s Restaurant Week

Restaurant-management platform provider OpenTable Inc. is offering 1,000 vouchers for Uber rides to diners eating at restaurants participating in San Francisco’s Restaurant Week. The promotion is intended to encourage visitors and locals to dine out during the event, which actually runs for two weeks from Nov. 3 through Nov. 16. …

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What’s an Acquirer To Do?

Agents that sell card acceptance aren’t powerless when merchants gripe about the cost. Merchant discontent over card-acceptance fees is nothing new, but every few years the din rises several octaves, just as it has in 2023. While merchants, card issuers, the card networks, and politicians argue over whether acceptance costs …

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17th Annual The 10 Most Pressing Issues in E-Payments

We know you’re not looking for problems. But they are looking for you. Here’s our annual catalog of the ones causing the most headaches. If adversity breeds strength, as the old saying goes, then payments professionals may have plenty of opportunity to develop their strategic and tactical biceps. The industry …

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Rainforest Raises $11.75 Million And Other Digital Transactions News briefs from 10/9/23

Rainforest, an Atlanta-based platform for embedded payments, has closed on an $11.75-million seed funding round led by Accel. Beverly, Mass., has contracted with Passport for support of mobile payments for parking in the town. Passport claims more than 800 cities and other entities using the app. Instant Financial, a provider of earned-wage …

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