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Some ATM experts are expecting the number of wireless terminals to increase in coming years, and not just for mobile applications like flea markets and fairs. Fixed-location deployments, such as retail stores, may increasingly adopt untethered ATMs because of their TCP/IP connections through readily available public cellular networks and their …
Read More »MobileLime Looks to Pending Major Deals for National Expansion
Boston-based Vayusa Inc., which markets its m-commerce service under the name MobileLime, has had discussions with a national retailer and restaurant chain about offering its m-commerce network nationally. If successful, the deals could pave the way for MobileLime to reach the 172 million or so mobile users in the U.S. …
Read More »PNC Uses Windows to Deliver Ads And Coupons to C-Store ATMs
The advent of ATMs running Microsoft Corp.'s Windows operating system is making it easier for banks, retailers, and other machine deployers to add revenue-generating features to the machines, including advertising. PNC Corp., a Pittsburgh-based bank, has found success in introducing advertising and couponing capability as it swaps out older ATMs …
Read More »Remittance Cards Will Top 1 Million in 2006, New Report Says
The number of Visa- and MasterCard-branded money-transfer cards issued in the U.S. will reach 1.1 million in 2006, up from 400,000 this year and just 145,000 in 2004, according to a new research study on the remittance market. The jump in the number of the prepaid cards follows the increasing …
Read More »A BioPay-Pay By Touch Patent Tiff Takes a New Twist
A simmering patent feud between rival biometric transaction processors BioPay LLC and Pay By Touch has taken another twist with Pay By Touch's acquisition of a patent covering check-cashing services, BioPay's core business. In a news release it issued last week, Pay By Touch claimed its competitor had tried to …
Read More »NACHA Survey: Most Consumers Are Familiar, Comfortable with ARC
A majority of consumers who routinely pay their bills with checks are familiar with the process of accounts receivable conversion, or ARC, and better than half express no objection to the process, according to a survey conducted for the National Automated Clearing House Association, Herndon, Va. ARC is a relatively …
Read More »Why Piggly Wiggly Decided to Roll Out Biometric Payments
Piggly Wiggly Carolina Co.'s decision to roll out a biometric payment system to all 85 stores in its chain was driven by both transaction-cost savings and customer interest, a senior executive for the Charleston, S.C.-based grocer says. In related news, Pay By Touch, the San Francisco-based company whose system Piggly …
Read More »CyberSource Sees Online Holiday Traffic Peaking Next Tuesday
CyberSource Corp. predicts that the increase in holiday spending online will be about equal with the rise in volume seen during the same time in 2003, disputing the estimates of some observers that e-commerce traffic growth will be lower this year. Growth last year in the fourth quarter was 25% …
Read More »Apple’s iTunes Begins Accepting PayPal for Song Downloads
Apple Computer Inc.'s iTunes Music Store has announced it is accepting PayPal in the U.S. for payment of song downloads, audiobooks, and gift certificates, effective today. The development represents a major breakthrough for the San Jose, Calif.-based payments unit of eBay Inc. and comes a year after the company slashed …
Read More »Visa Adds Chargeback Rights to Its Rapidly Growing Interlink Card
Visa USA announced it is now offering chargeback rights to consumers holding its Interlink PIN debit card. The bank card network sees the extension of chargeback protection to PIN debit as a response to consumer expectation and a competitive edge for Interlink issuers. “As debit usage continues to grow, consumers …
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