Addressing doubts among at least some sellers, eBay Inc. seller advocate Jim “Griff” Griffith said sellers “can put [their] consternation aside” regarding the marketplace giant’s new managed-payments program, which will not include traditional eBay payment method PayPal until next year. Online payments provider Stripe Inc. agreed to use Visa Inc.’s push-payment …
Read More »Most—73%—Will Shop in Stores This Holiday Season and other Digital Transactions News briefs from 11/9/18
A survey of 1,000 U.S. adults found 73% will shop at a store for gifts this holiday season, but 13% will also use a virtual assistant, such as Siri or Alexa. Some 57% will use a computer and 42% a mobile device, according to the poll, conducted by merchant processor …
Read More »ACI Reports Quarterly Earnings and other Digital Transactions News briefs from 11/8/18
Payment processor Worldpay Inc. said pro-forma net revenues in its Technology Solutions e-commerce segment grew 17% year-over-year to $420 million while pro-forma revenues in its Merchant Solutions segment rose 4% to $506 million. Pro-forma revenues in the Issuer Solutions segment increased 4% to $91 million. Worldpay also promoted Mark Heimbouch …
Read More »EVO Notes Revenue Increase and other Digital Transactions News briefs from 11/7/18
Three years after the EMV liability shift, fallback fraud, which bypasses protections against counterfeit card use, remains a problem for the U.S. payments industry, Auriemma Consulting Group said. Its data found that fallback fraud, which typically is a problem when markets first adopt EMV, still makes up more than 20% of …
Read More »PaySimple in MarketSharp Deal and other Digital Transactions News briefs from 11/6/18
E-commerce platform 3dcart announced an integration with TradeGecko, a cloud-based inventory-management platform for business-to-business companies. The integration means online retailers can synchronize their 3dcart store with their TradeGecko account, 3dcart said. Payments provider PaySimple announced its services are now available to users of MarketSharp, marketing and management software program for …
Read More »Cardtronics Lands RaceTrac ATM Placement and other Digital Transactions News briefs from 11/5/18
Cardtronics plc said it is the exclusive ATM provider to 121 RaceTrac convenience stores in the Dallas-Fort Worth area. The ATMs bear the Credit Union of Texas brand. Worldpay Inc. announced a multiyear agreement to be the exclusive provider to the National Association of Convenience Stores Payment Processing Program, which …
Read More »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 …
Read More »AmEx Announces Small Business Saturday Plans and other Digital Transactions News briefs from 11/1/18
By 2023, in-car commerce will total $265 billion annually on more than 8.2 billion transactions from 775 million consumer vehicles, according to projections from Juniper Research. American Express Co. announced a slate of programs for its ninth annual Small Business Saturday, set for Nov. 24. Mastercard Inc. said it will work with …
Read More »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 …
Read More »Pushpay Updates for the Religious Sector and other Digital Transactions News briefs from 10/30/18
Prepaid-card provider Card.com said it will feature images of top National Football League players on Visa-branded prepaid cards in a deal with the NFL Players Association. More than 200 player image cards are available. Pushpay Holdings Ltd., a specialist in payments to the U.S. religious sector, said it now offers more …
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