Payments technology provider Tappit said it is providing its white label, touchless mobile payment service to Learfield IMG College, a media and technology services company in intercollegiate athletics. Learfield will offer the service to university athletic departments that can integrate the service into their mobile apps.Payments provider Rev19 LLC, founded in 2017, has rebranded as …
Read More »QR Codes And Digital Wallets Are Gaining Popularity Fast Among Consumers
Quick Response codes are one of the many payment options to flourish as consumers embrace digital and contactless payments in the wake of the Covid-19 pandemic, says a report from Blackhawk Network Inc. Of the 13,000 respondents surveyed across nine countries representing nearly half of the world’s card-payment volume, 18% …
Read More »A Standalone Kitchen Display Pushes Square Deeper into Restaurant Management Software
The Covid-19 pandemic forced many restaurants to change the way they do business by providing online and mobile ordering, and even setting up pickup and delivery-only kitchens to meet consumers’ changing ordering preferences. With that need in mind, Square Inc. on Thursday announced its kitchen-display system, Square KDS, will now …
Read More »Certegy Debuts White-Label BNPL Option and other Digital Transactions News briefs from 5/20/21
Certegy Payment Solutions LLC added a white-label version of its buy now, pay later service that enables merchants to add their own branded BNPL option.Buy now, pay later specialist Quadpay Inc. said its inaugural “Quadpay Fest” sale, which offered deals to users over a four-day period, saw 40% of purchases on average made …
Read More »Phishing Attacks on the Financial Sector Increased 45% in 2020, Akamai Report Finds
While some parts of the economy slowed in 2020, criminals paid no mind to that as their phishing attacks against companies in the financial sector increased 45% over 2019 to 3.4 billion, Akamai Technologies Inc. found in its “State of the Internet / Security report: Phishing for Finance” released Wednesday. …
Read More »Eye on E-Commerce: Digital River’s Single Integration; BitPay Signs Jomashop for Crypto
With consumers flocking to online stores and marketplaces, processors and technology providers are carving out new paths to make it easier to sign up sellers and process their transactions. The latest development comes from commerce platform Digital River, which on Wednesday launched a program that allows independent software vendors and …
Read More »Western Union Ready at Walmart Stores and other Digital Transactions News briefs from 5/19/21
The Western Union Co. said its money transfer services are now available at almost 4,700 U.S. Walmart Inc. stores. The two companies announced the addition of Western Union in January.Grocery chain Food Lion said it is accepting the Supplemental Nutrition Assistance Program’s electronic benefit transfer card in the 10 states where the chain has …
Read More »Appetize Payments Served up and other Digital Transactions News briefs from 5/18/21
Appetize Technologies Inc., a provider of point-of-sale technology for the hospitality and entertainment industries, launched Appetize Payments, which combines payment processing with the company’s cloud-based software.Ally Lending, the personal-lending unit of Ally Bank, a subsidiary of Ally Financial Inc., said buy now, pay later provider Sezzle Inc. will offer Ally’s longer-term …
Read More »COMMENTARY: From the Unbanked to the Digerati, Banks Must Decode the New Payments Landscape
Amid one of the greatest crises in a century, the way we execute commerce and pay for goods and services has seen an acceleration that will be with us long after we return to some semblance of normalcy. The Covid-19 pandemic has accelerated by five years or more the adoption …
Read More »Afterpay Adds Another Retailer and other Digital Transactions News briefs from 5/17/21
The Container Store Group Inc. next month will start offering installment payments from buy now, pay later specialist Afterpay Ltd.With the accelerating conversion of cash to electronic payments, the total value of transactions processed by point-of-sale terminals will grow to more than $17.3 trillion globally in 2026, up from $14.8 trillion this year, …
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