Square, the in-store and online commerce arm of Block Inc., says Square Subscriptions is in tests for Square Online users. The feature is one of nearly 100 updates the company announced Wednesday. Other notable features include Waitlists in Square Appointments and an integration with reservation provider OpenTable in Square for …
Read More »Garmin Pay on Another Watch And Other Digital Transactions News briefs from 4/12/23
Garmin Ltd. launched its latest smart watch, the $450 Instinct 2X Solar, which like most of its devices includes Garmin Pay, the company’s contactless-payment capability. ParkHub, a specialist in digital payments for parking, announced an agreement under which it will process payments at three venues owned by sports and live-entertainment company …
Read More »Capital One Is Likely to Weather Its Loss of the Walmart Card Portfolio
Even if Walmart Inc. is successful in terminating its contract with Capital One Financial Corp. to issue private-label and co-branded cards on the retail behemoth’s behalf, the loss is not likely to have a major impact on Capital One’s business, says a research note from Keefe, Bruyette & Woods. The …
Read More »Visa+ P2P Service in Tests And Other Digital Transactions News briefs from 4/11/23
Visa Inc. announced a pilot for Visa+, a service that allows users to move payments between rival peer-to-peer payments networks. The pilot, set to launch later this year, will begin with transfers between PayPal and Venmo, a PayPal-owned network, but plans are to include P2P services DailyPay, i2c, TabaPay, and Western …
Read More »Walmart Sues Capital One Over an Alleged Failure to Properly Service Credit Card Holders
Upset with the customer-service aspects of its cobranded card-issuing deal with Capital One Financial Corp., Walmart Inc. has sued the bank, The Wall Street Journal reported late Friday. Among the allegations brought by Walmart is that Capital One failed to replace lost cards or post some transactions to customers’ accounts …
Read More »Domino’s Adds Tap to Order to CarPlay In-Car App
Ordering ahead for a Domino’s pizza from your car just became a little easier for iPhone users with the release Monday of an order-ahead app for CarPlay, the in-car infotainment app from Apple Inc. The Domino’s Pizza Inc. app now enables consumers to Tap to Order or Call to Order …
Read More »Praxis Debuts Card-on-File Option And Other Digital Transactions News briefs from 4/10/23
Payments provide Praxis Tech Ltd. has introduced a service it calls Merchant Initiated Transactions, which allows sellers to leverage a card-on-file option to initiate single-click payments on behalf of customers. GoDaddy Inc., a provider of payments and other services for small business, has released a small-business generative AI prompt library, which offers …
Read More »Kasheesh Launches a One-Time-Use Visa Card to Split In-Store Purchases
Digital-payments platform Kasheesh, which allows consumers to split purchases between debit, credit, and prepaid cards for online purchases, has introduced a one-time-use Visa card to its mobile wallet that can be used at physical stores. The feature, called Mobile Wallet Dashboard, allows users to add their Kasheesh account to their …
Read More »Stripe Recaps a Strong 2022, Though Growth Has Slowed
While Stripe Inc. did not experience what it terms the “breakneck” growth it enjoyed in 2020 and 2021, the e-commerce payments giant still processed more than $817 billion in total volume in 2022, up 26% from the previous year, the financial services and software-as-a-service company told customers in its annual …
Read More »ePayPolicy Launches PayablesConnect And Other Digital Transactions News briefs from 4/6/23
Insurance-industry payments specialist ePayPolicy launched Payables Connect, which it says automates reconciliation, creation, and payment of due payables. Technical-standards provider Global Platform said it will offer a seminar in Brussels April 26 on security for digital wallets offering eID. MSP Recovery Inc., which offers a product called LifeWallet to help providers manage medical …
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