October 9, 2020
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Mobile Commerce, Mobile Wallets, Transaction Processing
Adyen NV said it has become the primary payments provider for Columbia Sportswear Co., an apparel retailer.Fireblocks Inc. announced it will supply wallet and network-infrastructure products as its client Revolut Ltd. launches new cryptocurrency services for its 13 million global users.Fraud-prevention technology provider Feedzai Inc. reported a strong first half as fraud attempts rose …
Read More »
October 8, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Law and Regulation, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
New research from Kount Inc. showed that 57% of consumers expect to use credit cards as their payment choice in the 2020 holiday season. That compares with merchants who expect credit cards to be used 84% of the time. Debit card use is closer, at 65% for consumers and 70% for merchants. …
Read More »
October 7, 2020
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Cloud-based point-of-sale maker Revel Systems said restaurant chain Pizza King will use the Revel Enterprise POS system across its 49 locations, including payment processing via Revel Advantage. Pizza King also will use Revel’s technology for integrations with an employee scheduling application and a gift card provider.ParTech Inc. introduced PAR Payment Service. Designed for …
Read More »
October 6, 2020
Acquiring, Competitive Strategies, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale, Transaction Processing
Levi’s Stadium, home of the San Francisco 49ers National Football League team, will transition to cashless when fans are able to return to the venue, the team announced. Card and mobile payments will be used for concessions, merchandise, and other purchases. The stadium is the first fully contactless-enabled NFL venue, the team …
Read More »
October 5, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Real-time Payments, Transaction Processing
For the week ending Sept. 27, debit card use was up 4.2% at restaurants, not including fast food, and credit card use was down 16.9% compared to the week ending Sept. 29, 2019, according to the Tracking Transaction Trends report from PSCU, a credit union service organization. Debit card use was …
Read More »
October 2, 2020
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Point-of-sale credit provider Sezzle said apparel retailer Untuckit chose Sezzle as its preferred buy-now-pay-later option.Private-label card transaction processor Alliance Data Systems Corp. launched its Enhanced Digital Suite, a set of features aimed at increasing customer awareness of payment and credit options earlier in the shopping cycle.Perk Labs Inc. said its Perk Hero mobile app can …
Read More »
October 1, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
Ingenico Group S.A. said the European Commission approved Worldline S.A.’s $8.6 billion deal to acquire the point-of-sale terminal maker. Ingenico also said the French financial markets authority set Oct. 15 as the closing date for the tender offer for Ingenico securities. If successful, the acquisition could close Oct. 28, Worldline said.In related news, Ingenico …
Read More »
September 30, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Blackhawk Network launched its Issuance and Program Management Solution, a service that enables companies to outsource their gift card and digital gift programs through Blackhawk. The new service is enabled by the company’s recent acquisition of SVM, a provider of open- and closed-loop gift card technology.Payroc LLC said its affiliate invested $2.6 …
Read More »
September 29, 2020
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Real-time Payments, Transaction Processing
Nuvei Corp. said it received a sports betting vendor license in Colorado, enabling it to process payments there for regulated sports betting sites and apps.Mastercard Inc. and ACI Worldwide Inc. said they will collaborate to support real-time payments capabilities, initially for central banks, payments networks, financial institutions, and payments providers.To help businesses …
Read More »
September 28, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, Mobile Wallets, Point-of-sale, Transaction Processing
Consumers appear to like using their mobile wallets for payments, with PSCU, a credit union service organization, reporting a 70.3% increase in the use of debit cards for the week ending Sept. 20 over the week ending Sept. 22, 2019. Credit card use in wallets was up 50.4%.Some 76% of small-business owners will …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
