Beginning next summer, PayPal Holdings Inc. will begin sharing more personalized shopper information with merchants, as outlined in its recently updated PayPal Privacy Statement. Data such as products, preferences, sizes, and styles will be shared with merchants to “help improve your shopping experience and make it more personalized for you,” …
Read More »PrePass Marks Integration and other Digital Transactions News briefs from 9/30/24
PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …
Read More »Wero Ramps Up As a European Account-to-Account Payments Provider And Heads to the Point of Sale
European banks are beginning to roll out a new digital wallet called wero that initially provides account-to-account payments and is expected to be expanded to retail payments as well. If so, wero could prove to be a competitive threat to Visa Inc. and Mastercard Inc., which dominate European payments, raising …
Read More »Strava Teams With Cash App and other Digital Transactions News briefs from 9/27/24
Strava, an online community for athletes, said it is working with Block Inc.’s Cash App unit to launch this year’s HBCU Homecoming Tour, which features running events at U.S. universities. The Consumer Financial Protection Bureau is reportedly seeking comment on Apple Inc.’s practices with respect to contactless payments as the regulator works on …
Read More »AppBrilliance Teams With Wallet Factory to Bring Real Time Payments to Digital Wallets
AppBrilliance Inc., a provider of real-time payments, has partnered with digital-wallet solutions provider Wallet Factory to enable real-time payments on Wallet Factory’s platform. Wallet Factory will use AppBrilliance’s Money API to enable payments on closed-loop digital wallets via The Clearing House’s RTP and the Federal Reserve’s FedNow networks. AppBrilliance launched …
Read More »A Top Visa Official Outlines Four Big Trends Impacting Acquirers
Acquirers and independent sales organizations wanting to improve their standing among merchants should take note of four trends affecting payments today, according to Bill Dobbins, head of acquiring and enablement at Visa Inc. Dobbins, speaking at the Western States Acquirers Association conference in Las Vegas this week, outlined why the …
Read More »Affirm Brings Buy Now, Pay Later Back to the Apple Wallet
Consumers with iPhones using the latest operating system now have access to Affirm Inc.’s installment-payments options when using Apple Pay at participating merchants. Released Monday as part of Apple Inc.’s iOS 18 update for its iPhones, the payment option works with any merchant that accepts Apple Pay. The merchant does …
Read More »Eye on E-Commerce: Bold Adopts Fastlane; DNA Payments Launches Apple Pay Express
Fast on the heels of PayPal Holdings Inc.’s launch of its Fastlane service for online transactions, e-commerce platforms are eyeing the expedited-checkout technology. Some are acting. Bold Commerce early Thursday said its checkout routine has adopted Fastlane for the Adobe Commerce merchants it supports on its so-called headless-checkout platform. Headless …
Read More »Gateway Reveals Card Breach and other Digital Transactions News Briefs from 9/12/24
Payment gateway Slim CD Inc. revealed a data breach resulting from suspicious activity it became aware of on June 15. The investigation found unauthorized system access between Aug. 17, 2023, and June 15, 2024. It says credit card information may have been viewed or obtained. Slim CD said it took measures to …
Read More »U.S. Bank Credit and Debit Cards Are Now in the Paze Wallet
Credit and debit cards from U.S. Bank are now ready to use with Paze, the online checkout platform, which comes preloaded with access to up to 150 million payment cards. Paze is in the midst of a national rollout as it seeks to give issuers an edge in e-commerce checkout. …
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