Paysafe Group said its Rapid Transfer online-banking payments service available in 18 European countries will be coming to the U.S. through a new partnership with Skrill USA Inc. With Rapid Transfer, consumers can make ACH or wire-transfer payments at Skrill-accepting merchants without leaving the merchant’s Web site. Via Transportation Inc., …
Read More »Eight Percent of North American Payments Fraud Is Related to Terrorism, Report Finds
While most North American payments fraud is related to identity and organized crime, one area—terrorism—stands out in this region compared to other developed markets. Eight percent of the 154 criminals cases reviewed by information-security firm Terbium Labs in its “The Next Generation of Criminal Financing: How Payment Fraud Funds Transnational …
Read More »eBay’s Payments APIs and other Digital Transactions News briefs from 6/26/19
EBay Inc. announced new payments application programming interfaces for developers, including a Finances API, an Account API, and a Fulfillment API. The new APIs are designed for the online marketplace’s new managed-payments program, in which the company has taken over payments processing from long-time provider and former subsidiary PayPal Holdings …
Read More »Pineapple Payments Acquires Card Champ and other Digital Transactions News briefs from 6/25/19
Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed. Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines. Payment Data Systems Inc. changed its name to …
Read More »Fiat Chrysler USA Is the Latest To Offer an In-Dash Market With a Payments Capability
FCA USA LLC, the automaker behind Chrysler, Dodge, Jeep, and Ram vehicles, will offer the Uconnect Market as part of its in-dash infotainment systems beginning later this year, the Auburn Hills, Mich.-based company announced Monday. The new service, which will deploy in the second half of the year as an …
Read More »Sezzle Enters Canada and other Digital Transactions News briefs from 6/24/19
Point-of-sale installment-loan provider Sezzle Inc. said its service is now available at “thousands” of online stores in Canada. SSI Group, a provider of payments-related software for the health-care industry, announced a capability that relies on machine learning to predict when providers will receive payments from payers. In related news, U.S. …
Read More »Bill Ready, a Key Player in PayPal’s Rise, To Leave Company by Year’s End
PayPal Holdings Inc. announced late Thursday that its chief operating officer William J. “Bill” Ready will leave by the end of 2019 after six years with the online-payments leader. The unexpected departure of its number 2 executive cast some uncertainty over San Jose, Calif.-based PayPal. In mid-morning trading, its stock …
Read More »American Cash Exchange Strikes Ria Deal and other Digital Transactions News briefs from 6/21/19
American Cash Exchange Inc. said its Poni operation struck a deal with Euronet Worldwide Inc.’s Ria money-transfer unit that enables consumers in Mexico to withdraw cash from U.S.-originated remittances at nearly 50,000 Mexican ATMs without paying fees after they buy and register a Poni Cash Card, which costs 10 pesos …
Read More »Tariff Pressure Takes Aim at Payment Equipment Once Again
While legislators and regulators focused much of their attention on the Facebook-backed Libra cryptocurrency this week, tariffs on Chinese-made goods re-emerged in Washington as a threat that could raise prices for merchants and merchant acquirers. The Electronic Transactions Association payments trade group filed comments with the Office of the United States …
Read More »Eye on the Point of Sale: Shopify’s New Features; Casio’s Pay-At-Table Software
Shopify Inc. late on Tuesday announced a slew of services aimed at significantly broadening the support the Ottawa, Ontario-based provider offers to small and mid-size merchants. Among these are new point-of-sale software, a fulfillment network, and new checkout-integrated subscription-payment support. The fulfillment network is a first-of-its-kind offering for Shopify, the company …
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