USA Technologies Inc., which provides payment technology for unattended merchant locations, announced it has an $85 million cash and stock deal to acquire Cantaloupe Systems, a San Francisco-based software provider serving the vending-machine industry. Cantaloupe operates in the U.S., Canada, and several international markets, and its Seed Cloud applications include …
Read More »Affirm Launches Travel Payments Program and other Digital Transactions News briefs from 11/6/17
Consumers who want to use cash online can now load an Amazon Cash account at U.S. 7-Eleven Inc. stores by presenting cash and a personalized Amazon barcode to the cashier. Users can load between $15 and $500 in a single transaction, with no fees, 7-Eleven says. The company has nearly …
Read More »Apple Pay Users Double in a Year and other Digital Transactions News briefs from 11/3/17
Apple Pay users have more than doubled over the past 12 months, Apple Inc. reported, without citing a specific number. Yearly transactions have increased 330%, and more than 5 million U.S. merchant locations will be accepting the mobile-payment service by the end of the year, the company said during an …
Read More »Bluefin Notes Processor Deal and other Digital Transactions News briefs from 11/2/17
Encryption specialist Bluefin Payment Systems said it will provide encryption services to clients of payments provider Accepta LLC. A report from processor Fidelity National Information Services Inc. (FIS) found 25 real-time payments systems in operation globally, up from 19 last year and more than twice the number in 2013. Another …
Read More »Bitcoin Futures Market Planned and other Digital Transactions News briefs from 11/1/17
Mobile point-of-sale provider CardFlight said payment processor Beyond will offer CardFlight’s SwipeSimple device to merchants. The technology enables EMV chip card transactions from a mobile device. CME Group, a major derivatives marketplace, announced plans to launch a futures market for Bitcoin before the end of the year, pending regulatory review. On …
Read More »Pineapple Payments Buys Payline Data and other Digital Transactions News briefs from 10/31/17
American Express Co. released SafeKey 2.0, an online authentication tool that uses the EMVCo 3-D Secure 2.0 standard. The service will be available in spring 2018. Payline Data Services LLC announced that payment-processing technology company Pineapple Payments purchased Payline Data for an undisclosed amount. Payline Data has almost 10,000 merchants processing …
Read More »WaveCrests Adds Chips to its Prepaid Cards and other Digital Transactions News from 10/30/17
Payments company PayTrace Inc. launched a browser-based EMV-acceptance service that uses an Ingenico Group EMV card reader and processing from Total System Services Inc. (TSYS). WaveCrest, an issuer of prepaid cards used to pay fleet drivers and reimburse workers, said it has introduced EMV chips on its cards issued in …
Read More »Revel Systems Inks LevelUp Deal and other Digital Transactions news briefs from 10/27/17
Point-of-sale system provider Revel Systems announced it is working with mobile-payments provider LevelUp to integrate mobile order-ahead, in-store mobile payments, and loyalty service for Revel’s restaurant clients. After more than 50 years in the Houston area, First Data Corp.’s TeleCheck Services unit will vacate its headquarters in suburban Sugar Land, …
Read More »P2P Specialist Zelle Adds Partners and other Digital Transactions News briefs from 10/26/17
Zelle, the person-to-person payments service from bank-owned Early Warning Services LLC, added ACI Worldwide, CGI, D3 Banking Technology, and IBM to its list of processor and technology partners that enable their financial-institution clients to offer Zelle to consumers. Processor Fiserv Inc. said Regions Bank will offer digital money-movement services, including …
Read More »Pulse Volume Jumps 17% and other Digital Transactions News briefs from 10/25/17
The Western Union Co. early next year will start allowing money transfers via Mastercard Send, a service that allows people to send money within seconds from a debit card to another person’s debit card, including non-Mastercard cards. Senders can also fund transfers with credit cards or bank accounts, but must …
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