(Editor’s Note: Part I of this two-part article appeared on Friday.) How can we in the payments business best mirror our services to fit the changing needs of a growing, global consumer base? One way is to focus on the consumer throughout the entire payment process. Almost 50% of consumers …
Read More »Visa Contactless Payments Scores at Women’s World Cup Venues and other Digital Transactions News briefs from 7/5/19
Visa Inc. released data indicating 51% of all purchases across nine stadiums in France hosting the group stage of the FIFA Women’s World Cup France 2019 were done with contactless cards or devices, including wearables and smart phones. The group stage of the soccer tournament ran from June 7 to …
Read More »Adyen Adds Interac Debit on Mobile and other Digital Transactions News briefs from 7/3/19
Online and point-of-sale payments provider Adyen added Interac Debit on Mobile as a payment method for Canadian merchants. The method allows merchants to accept payments through Canada’s national Interac debit network via Apple Pay or Google Pay. Adyen added that it has expanded its agreement with on-demand delivery service foodora …
Read More »PayPal Launches Instant Transfer in Canada Using Visa Direct
PayPal Holdings Inc. added Instant Transfer capability for individuals and small businesses in Canada. The move relies on Visa Direct, a real-time push-payments service. Announced Tuesday, the service can move money from a PayPal account to a bank account via a Visa debit card. All transfers are subject to a …
Read More »Cumberland Farms Adds a Payment Card Option to Its Mobile App
Convenience-store operator Cumberland Farms released a new mobile-payment app with two payment options. In addition to linking to a checking account to pay for fuel at the pump, the SmartPay function within the app also enables consumers to link to a Netspend prepaid account or use a credit or debit …
Read More »Fiserv Offers Billers a Service That Lets Consumers Pay Bills From a Mobile Wallet
Fiserv Inc. on Monday announced a feature that lets consumers upload bills to a mobile wallet via a quick-response code, pay the bill, and have the bill automatically update with each new cycle. The move comes as billers seek ways to leverage rising mobile usage to digitize bills and hike …
Read More »EU Appears Ready to OK FIS-Worldpay Deal and other Digital Transactions News briefs from 7/1/19
The proposed acquisition of Worldpay Inc. by Fidelity National Information Services Inc. (FIS) is about to clear another hurdle, according to Reuters. The news service is reporting that European Union antitrust regulators are poised to approve the deal without conditions. EVO Payments Inc. said its payments services are integrated into …
Read More »JCPenney Again Accepting Mobile Payments, but Technology Upgrade Is Yet To Come
After about two months of not accepting mobile wallets, J.C. Penney Co. Inc. this month quietly resumed accepting them, apparently by firing up its old contactless-payment acceptance system. The Plano, Texas-based department-store chain with about 860 locations had turned off its contactless system that used an older technology known as …
Read More »Pineapple Payments Acquires Card Champ and other Digital Transactions News briefs from 6/25/19
Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed. Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines. Payment Data Systems Inc. changed its name to …
Read More »Will Facebook’s Big User Numbers Be Enough to Catapult Calibra?
Facebook Inc. has said it will turn over control of its Libra cryptocurrency initiative to a consortium of companies that will constitute the Libra Association. But one related property the massive social network will retain, albeit as an arm’s-length subsidiary, is its new Calibra unit, which will run Facebook’s own …
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