Saturday , January 25, 2020

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

New York City Bans Cashless-Only Payments at Restaurants and Retailers

New York City became the third U.S. city to ban cashless-only payments in restaurants and stores with the passage Thursday of a measure to prohibit merchants from refusing to accept cash. San Francisco and Philadelphia have similar bans, as does the state of New Jersey.  Originally proposed by New York …

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PayPal Strikes Acceptance Deal With UnionPay

In another move solidifying its emboldened links with Chinese payments providers, PayPal Holdings Inc. announced Wednesday it will support UnionPay International in its digital wallet. Eventually, UnionPay International, whose financial-institution members have issued more than 7.5 billion cards globally, according to China Daily, will look for ways to support PayPal’s …

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Two Standards Bodies Consolidate Separate PIN-Acceptance Security Specs Into One

Payment firms that are used to choosing which PIN standard to audit against now have a much simpler choice. The Accredited Standards Committee X9 Inc. and the PCI Security Standards Council have created a unified PIN Security Standard, replacing separate ones each organization previously maintained. The consolidation, announced Tuesday, should …

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Eye on Integrated Payments: LawPay Gains Integration And Repay’s Gateway Is Nortridge Option

Two payments companies specializing in serving software application providers announced integrations. First, Pars Consulting Inc. completed the integration of LawPay, a payment service for law practices, for Curo365, a legal-practice software. Redmond, Wash.-based Pars said the LawPay integration with Curo365 will increase clients for both. “There were lots of payment …

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Shell In-Car Payments Come to Fiat Chrysler Dashboards

Consumers motoring in their Dodge Challengers and Ram pickup trucks are now able to pay for fuel at participating Shell Oil Co. gas stations from inside their vehicles using the vehicles’ infotainment systems. Shell announced Fiat Chrysler automobiles with Uconnect Market enabled will have access to the Shell Pay & Save …

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New U.S.-China Trade Deal Provides for U.S. Payments Expansion in China

The newly-signed trade agreement between the United States and China, the number-one and number-two global economies, respectively, finally provides an avenue for U.S. payments firms to operate independently in China. Joint payments ventures with a local Chinese partner have long been the norm, but the new U.S.-China trade agreement—signed Jan. …

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Eye on Acquirers: Boom Commerce Debuts; NAB Launches a New PCI Program

Acquirers are jumping into 2020 with major rebranding and PCI-compliance programs. First up is National Payment Systems. The Portland, Ore.-based company has a new name—Boom Commerce—and has expanded its executive team, the payments provider announced.  Helping to propel this shift is a credit facility with Acrewood Holdings LLC, a Bryn …

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Consumers Are Satisfied Making Contactless Payments, But Security Concerns Linger

Even though contactless credit and debit card transactions made by tapping a card against a point-of-sale device rely on the same standard as EMV dipped transactions, consumers have different impressions of the security benefits, a newly released study says. Indeed, 81% of the 1,350 consumers surveyed for the “Emerging Trends at …

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15 Campuses Adding Google Pay Support for Student IDs

College and university payment and identity-services provider Transact Campus Inc. announced it is adding support for Google Pay, enabling eligible students to use Google Pay on campus. Phoenix-based Transact Campus said its Transact Mobile Credential for Google Pay, which is the mobile-payment app on most Android smart phones, will be …

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‘Alexa, Fill ‘er Up.’ Amazon Pay Coming to Cars Via ExxonMobil and Fiserv

Consumers with Alexa, Inc.’s voice assistant, enabled in their cars and trucks soon will be able to pay for fuel at more than 11,500 Exxon and Mobil gas stations from inside their vehicles. Announced Monday, the service, compatible with vehicles with Alexa built in or enabled with an Echo …

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