Thursday , March 28, 2024

Marketing

Will Visa’s 3% Surcharge Cap, Set for April 15, Push Merchants to Cash Discounts?

Visa Inc. is poised to lower on Saturday the amount a merchant can surcharge for transactions on its credit cards from a maximum of 4% to 3%, a move it announced early this year. Some observers acknowledge the reduction will happen, though Visa Inc. has not responded to Digital Transactions …

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Data Breaches Drop 13% And Other Digital Transactions News briefs from 4/13/23

The number of reported data compromises totaled 445 in the first quarter, a 13% decrease from the previous quarter, according to the latest report from the Identity Theft Resource Center. The number of victims decreased 64% in the same period. Health care breaches, at 81, led the quarter followed by financial services …

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Square Subscriptions Are Coming As Square Releases a Flurry of Nearly 100 Updates

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 …

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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 …

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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 …

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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 …

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CardX Expands Online Payment Capabilities with Mastercard Click to Pay

Payment processing platform CardX is making Mastercard Click to Pay available on Lightbox, its online payment form, to all existing and new card-not-present merchants on its platform. Mastercard Click to Pay stores a consumer’s payment information using an encrypted, virtual card number to enable secure online shopping. Lightbox enables consumers …

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Eye On Small Businesses: PayPal Adds Apple Pay Checkout; NAB Picks Virtualitics for Data Insight

PayPal Holdings Inc. has added four new features to its payment service for small online businesses that are expected to increase conversion, reduce declines and the risk of fraud, and provide greater transparency into processing costs. PayPal’s small business customers will now be able to offer Apple Pay at checkout, …

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Finix Tags New Merchant Market And Other Digital Transactions News briefs from 4/4/23

Finix Payments Inc. released its payments service for merchants that want to use embedded payments. Its first product was geared to software platforms. The new segment provides payments processing while enabling the merchant to control their customers’ online and in-person shopping experiences. Aeropay, a cannabis industry payments provider, said it and Onfleet, …

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PayPal Becomes Ticketmaster’s Preferred Payment Partner, a Boon for Braintree

PayPal Holdings Inc. says it is now the preferred payments partner of Ticketmaster, the big and often controversial multi-national ticketing business owned by Live Nation Entertainment Inc. The deal announced Monday is a boon for PayPal’s Braintree merchant-processing unit, which will become Ticketmaster’s main processor. Monday’s announcement essentially is an …

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