Monday , October 3, 2022

News

September, 2022

  • 30 September

    In a Payments Industry First, Usage of Debit Cards Tops That of Credit Cards

    Consumers’ usage of debit cards has finally surpassed that of credit cards. Through the second quarter of 2022, 56.2% of consumers preferred debit as their primary payment card, compared to 39.5% for credit, according to a report from S&P Global Market Intelligence. Those numbers represent a dramatic change in the …

  • 30 September

    Processing Innovation: Automating Integrated Payments

    By Tom Byrnes, SVP, Marketing If you’re an Independent Software Vendor (ISV), one of the necessary elements of the business you’re in is a relationship with a payment processor. While the rest of the technology landscape has shifted to cloud-hosted platforms, processors have clung on to their mainframe-based legacy stacks …

  • 30 September

    Circle Looks to Its Deal for Elements to Ease Crypto Payments for Merchants

    Blockchain players have been working for years to bring digital currencies to the point of sale, leading to Circle Internet Financial LLC’s announcement Thursday it has acquired a San Francisco-based payments-technology firm called Elements to make it easier for stores to take crypto, including Circle’s stablecoin, USD Coin (USDC). Terms …

  • 30 September

    Angelpaw Debuts BNPL Option for Vet Services And Other Digital Transactions News briefs from 9/30/22

    Angelpaw, which provides software to track pet cremation and aquamation, launched a buy now, pay later service for these services. Interest-free installment payments are made over 60 days and the provider receive funds immediately.Payroc WorldAccess LLC said its Worldnet platform is now enabled on the PAX A920 point-of-sale device as the …

  • 29 September

    ATB Ventures Looks to Unlock the Value Potential in Digital Identity And Verification

    In response to consumers’ growing concerns over the security and management of their personal data by businesses with which they interact, ATB Ventures on Thursday introduced its Oliu platform, a set of identity products aimed at helping businesses safely manage and verify the credentials of consumers they interact with digitally. …

  • 29 September

    Eye on Restaurant POS: Ziosk’s New Tablet; State of Restaurant Tech from SpotOn

    Restaurants that use Ziosk products for their point-of-sale and ordering systems have got a new option for their servers to carry all day with the launch of the Ziosk PRO Server Tablet. In related news, a report from SpotOn Transact LLC reveals that 81% of independent operators continue to use …

  • 29 September

    Fiserv Tweaks Carat Data Access And Other Digital Transactions News briefs from 9/29/22

    Fiserv Inc. said its Carat operating system has added a capability for large enterprises to more readily access and analyze payments data.Mastercard Inc. said it is launching Strive USA, a small business imitative, in the United States for the first time. The goal is to support 5 million SMBs over the next five years.Also, …

  • 28 September

    Agility with e-commerce: Enabling e-commerce payments is no longer negotiable

    By Dustin Siner, Chief Revenue Officer, Agile Financial Systems The rise of e-commerce and social commerce is unmistakable. What was once viewed as an alternative shopping method for a select few is now the preferred shopping method for a significant portion of consumers. A report by Statista forecasts that by …

  • 28 September

    As Consumers Boost Mobile Shopping, Square Messages Gets Some Key Enhancements

    As consumers rely more and more on their mobile phones and other digital platforms, Square unveiled on Wednesday several new enhancements to Square Messages, its artificial-intelligence-based digital-communications platform. Square is the payment-processing unit of San Francisco-based Block Inc. Square Messages allows merchants and consumers to communicate through a single platform …

  • 28 September

    Elavon Launches a Platform for Contactless Payments in Mass Transit

    The big payments processor Elavon Inc. has joined the movement to convert mass transit in the United States to contactless technology for fare transactions. The Atlanta-based company on Tuesday launched its Mass Transit Payments platform, aimed at both public and private agencies and with gateway and acquiring services provided by …

Digital Transactions