Friday , April 19, 2024

Repeat Users Bulk Up Walmart Pay and other Digital Transactions News briefs

Fast-food restaurant chain Chick-fil-A Inc. says it will begin accepting Apple Pay and Android Pay Friday at the point of sale inside its stores and in drive-through lanes. Chick-fil-A announced in February it would accept Apple Pay along with its own Quick Response bar code-based mobile-payment service.

Wal-Mart Stores Inc. president and CEO Doug McMillon briefly mentioned Walmart Pay in a recorded call accompanying the giant retailer’s latest quarterly financials, saying “customers love the convenience” of the new mobile-payments service and that “a majority of transactions come from repeat users.” He gave no details. McMillon also said Wal-Mart is pleased with results from its test of Scan and Go, a mobile checkout and payment service at its Sam’s Club warehouse stores that lets customers skip the line. Wal-Mart expects to roll out the service nationwide later this year.

HotHand Inc., a provider of technology for mobile payments and location-based marketing, announced it has been granted a U.S. patent “covering the association of one’s debit or credit card information with a mobile device to execute commercial transactions.”

E-commerce security vendor ClearSale introduced a capability for online merchants to use real-time purchase behavior and historical data, including keyboard entry and mouse movements, to stop fraudsters who have accumulated enough stolen information to impersonate legitimate shoppers.

Processor Total System Services Inc. (TSYS) said it has extended an agreement with Swisscard AECS GmbH to process the company’s consumer and commercial card portfolios and render other payments services.

Some 74% of surveyed consumers who are not users of mobile banking say they are avoiding the service out of concerns over security, according to a survey of more than 1,000 consumers in the United States and the United Kingdom, of whom 36% were non-users. The survey was conducted by security firm Kaspersky Lab with IDC Financial Insights.

The Merchant Risk Council announced results of elections for its global board of directors and American and European advisory boards.

First Data Corp. said Ivo Distelbrink, a former Bank of America Merrill Lynch executive, has joined the processor and will lead its business in the Asia Pacific region.

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