E-commerce platform provider Shopify Inc. chose Google’s cloud services to help host its online stores, Bloomberg reported. Payments provider Net Element Inc. said Jonathan Fichman, a former Bank of America Merrill Lynch executive who currently is managing director of C-Anax Ventures & Advisory, joined its board of directors.
Read More »Many Consumers View Stores As Online Shopping Extensions, a Survey Finds
Buy online, pick up in store is now a mainstream expectation for consumers, finds a survey from Kibo Software Inc., an e-commerce platform provider. In the Kibo “2018 Consumer Trends Report” of 3,000 U.S. consumers, 67% said they made a purchase online and picked it up in a store in …
Read More »How Tweaks to Visa’s Chargeback Program Are Expected To Speed Up Resolutions
Visa Inc. is altering its chargeback-resolution program to condense the reason codes into four categories, amend the time to resolve a disputed transaction, and make other changes. According to data on a Chase Paymentech site, the changes are set to go into effect April 15 because the card brand wants to …
Read More »Square’s Coffee Perk and other Digital Transactions News briefs from 3-23-18
Square Inc. is testing a program that gives consumers $1 off purchases at coffee shops when they pay with Square Cash, MarketWatch reported. Payout provider Hyperwallet announced that tilr, a recruiting platform, is using Hyperwallet for payouts to its clients. Candex, a business-services payments provider for purchases of under $100,000, …
Read More »COMMENTARY: Why Kiosks Are Becoming Must-Have Technology in the Retail Space
Kiosks, and the technology that supports them, are hardly new. We’ve been using kiosks to check in at the airport and print out a wedding registry at our local home-goods store for years. But today, kiosks are moving into fast-food restaurants, rental-car stores, drugstores, malls, and everywhere in between. In …
Read More »Boston’s New Fare System and other Digital Transactions News briefs from 3-21-18
The Electronic Transactions Association announced its inaugural group of “Forty Under 40” up-and-coming payments-industry leaders. Cubic Corp. said its Cubic Transportation Systems unit and John Laing, a builder of mass-transit infrastructure, came to terms with the Massachusetts Bay Transportation Authority to build and operate a new fare-payment system, including contactless bank card payments through …
Read More »PayPal To Discontinue Its Pay After Delivery Service for U.S. Buyers
PayPal Holdings Inc.’s Pay After Delivery service will end April 19 for U.S. buyers. San Jose, Calif.-based PayPal included notice of the discontinuance in recent emails to account holders about the latest changes to its policies, and through a posting on the PayPal Web site. With Pay After Delivery, which …
Read More »Macy’s New Self-Checkout Feature and other Digital Transactions News briefs from 3/20/18
Macy’s Inc. said it is launching a self-checkout feature in its mobile app that lets customers scan an item with their phone and pay with a registered card. So-called mobile-checkout stations validate purchases, take off security tags, and bag the goods. The launch follows a test at the chain’s Woodbridge, …
Read More »More First Data Merchants To Accept Alipay
Alipay, the mobile-payment service used by 600 million consumers, and processor First Data Corp. are expanding the number of U.S. merchant locations that can accept the China-based payment method in stores, Alipay announced Monday. The expansion comes nearly a year after the two companies said First Data would move Alipay …
Read More »Google Pay Integrates With Shopify And Starts a Mass-Transit Pilot in Las Vegas
When Alphabet Inc. last month rebranded its mobile-payment service as Google Pay, it said further changes and features were coming. On Monday, it began to deliver on that prediction with dual announcements that herald an expansion of the service’s availability online and bring it to the potentially enormous market for …
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