Half of all Visa transactions inside venues in Russia hosting soccer’s World Cup since the opening match June 14 have been contactless via cards, mobile devices, and wearables, the card network reports. Users of PayPal Holdings Inc.’s Venmo peer-to-peer payment service will be able to use Venmo within the Uber …
Read More »Ease in Payments And Ordering Are Central to Restaurant Success, a Survey Finds
What do diners want most when they go out to eat? Apparently, easy ordering and payment. That’s the big takeaway in the “Restaurant Digital Crossroads: The Race to Meet Guest Expectations” report released Thursday. Hassle-free ordering and payment are especially important to younger consumers, defined as those between 18 and 37 …
Read More »Computer Services Reports 1Q Revenue and other Digital Transactions News briefs from 7/12/18
The top four uses for peer-to-peer payments on the Zelle network are splits for rent, meals, utility bills, and gifting, according to a survey of 9,000 mobile-banking users. The results were released by Early Warning Services LLC, which operates the bank-owned Zelle service. Payments processor Computer Services Inc. reported a …
Read More »What’s the Cost of a Data Breach? About $233 Per Person, a Report Finds
Maybe being number one in something isn’t always all it’s cracked up to be. For instance, the United States leads the world in the per capita cost—$233—of a data breach, finds the “2018 Cost of a Data Breach Study: Global Overview,” released Wednesday. That figure bests Canada, at $202 per …
Read More »Handpoint in Integration Deal and other Digital Transactions News briefs from 7/11/18
Processor Net Element Inc. said its first-half payment volume rose 37% year over year to $1.62 billion. Most of the volume came from the company’s North American subsidiary, Unified Payments, which handled $1.4 billion in payments, up 40%. Handpoint, a mobile point-of-sale payments provider, announced an integration with RxTrax, a …
Read More »The SEC Hits Carr and Companion With Insider-Trading Lawsuit
The Securities and Exchange Commission filed a civil lawsuit Tuesday accusing former Heartland Payment Systems Inc. chief executive Robert O. Carr and his girlfriend, Katherine M. Hanratty, with insider trading in connection with Heartland’s sale to Global Payments Inc. in April 2016. The lawsuit pending in U.S. District Court in Bridgeport, …
Read More »Following Its Big June IPO, Adyen Continues To Surge
Does it pay to bet on payments? If the bet is on Adyen N.V., it pays handsomely so far. The Dutch processor and payments gateway is showing no signs of slowing down since its initial public offering nearly four weeks ago. The stock, which trades on the Euronext Amsterdam exchange, …
Read More »Google Pay Adds P2P And Mobile-Ticketing Features, But Google Pay Send Still Lives
Two previously announced features—support for person-to-person payments and a new tab for storing mobile tickets—went live Tuesday in Google Pay, Alphabet Inc.’s online and mobile-payments app. The first is a peer-to-peer payment capability, formerly known as Google Wallet, that allows users to pay or request funds from other persons. This …
Read More »NFC-Equipped POS Terminals Will Reach 112.3 Million by 2022, a Forecast Predicts
Expect more point-of-sale terminals equipped with near-field communication capability over the next four years as the market is forecasted to grow at a 15.6% compound annual growth rate through 2022, says Berg Insight, a Sweden-based research firm. By the end of 2017, POS terminal makers had shipped an estimated 24.7 …
Read More »Bob Carr Charged With Insider Trading and other Digital Transactions News briefs from 7/10/18
The Securities and Exchange Commission filed a federal civil lawsuit Tuesday accusing former Heartland Payment Systems Inc. CEO Robert O. Carr and his girlfriend, Katherine M. Hanratty, with insider trading. Carr allegedly tipped Hanratty ahead of the December 2015 public announcement that Global Payments Inc. planned to acquire Heartland, and …
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