Passport Labs Inc., a provider of transportation software, is teaming with Alphabet Inc.’s Google to allow consumers in Austin, Texas, to pay for parking through Google Maps using Google Pay at on-street and municipally controlled parking spaces. Drivers using Google Maps on their iPhone or Android phone to navigate to …
Read More »CardFlight’s Latest Small Business Data and other Digital Transactions News briefs from 9/2/20
CardFlight Inc. released its Small Business Report for Sept. 2 that shows contactless payments made at more than 65,000 small businesses for the week of Aug. 24-30 were up 140.3% from the base week of March 2 to 8. The report also predicts that there may be up to 50% fewer …
Read More »Mastercard’s Streamlined Retail and Other Digital Transactions News Briefs from 8/28/20
Circle K, Delaware North, Dunkin’, and White Castle are among retailers working with Mastercard Inc.’s Shop Anywhere and AI Powered Drive Through services, which aim to reduce customer waiting times and checkout lines while offering vehicle recognition, voice ordering, and artifical intelligence for drive-through lanes.Point-of-sale installment lender Affirm Inc. announced it is providing …
Read More »Klarna Sees Both Online And In-Store Volumes Grow as the U.S. Market Looms Large
Online volume has soared for Klarna AB but the Swedish payments company’s efforts to go into physical stores are also bearing fruit, the company reported early Thursday. Klarna, which offers consumers the opportunity at checkout to extend payments over time, reported its “in-store proposition” is now active in 10 geographic …
Read More »One-Third of Fuel Retailers Are Unlikely To Meet the April 2021 EMV Deadline, a Survey Reveals
With less than a year to go before gas stations are scheduled to become EMV-compliant at the pump, readiness among fuel merchants remains uneven. A recent study by Naples, Fla.-based ACI Worldwide reveals 47% of major petroleum merchants remain unprepared to meet the deadline and 20% are still in the …
Read More »Amidst a Pandemic, Consumers Adapt by Adopting Touch-free Payments and Shopping
The use cases for contactless payments have been there all along, but the Covid-19 pandemic is turning out to be a major motivator in adoption of the touch-averse technology. Evidence comes in a roundup of data from the U.S. Payments Forum, a Princeton Junction, N.J.-based payments association. In its latest …
Read More »The Pandemic Has Stoked Merchant Risk Along With Contactless Payments
With the Covid-19 pandemic accelerating consumers’ use of contactless cards and mobile wallets, merchants can expect hackers to target contactless transaction data at the point-of-sale, says Ruston Miles, founder and advisor at Atlanta-based Bluefin Payment Systems LLC. The main point of vulnerability in a contactless environment at the physical point-of-sale …
Read More »Credit Union Data Point to Robust Growth for Wallet, Contactless Card, And Online Activity
More evidence emerged Monday that, for all of its horrors, the coronavirus has been a boon for mobile wallets and for contactless payments generally. Wallets, which struggled to win consumer adoption in the United States even with backing from popular tech firms like Apple Inc. and Google, are increasingly turning …
Read More »COMMENTARY: How Coronavirus Will Shape the Future of Self-Service Banking
Self-service banking has long had a strong reputation as a safe, trusted, and convenient channel. This is a key part of its value proposition to both financial institutions and their customers. While Covid-19 has temporarily reduced cash use and impacted transaction volumes based on the many restrictions large parts of …
Read More »Movie Chain Promotes Contactless Payments as It Reopens and other Digital Transactions News briefs from 8/14/20
Movie theater chain Cinemark Holdings Inc. announced it is encouraging consumers to use contactless payments when it reopens its locations beginning Friday.Curb, a mobile platform for taxi-ride hailing and payments, said the city of Chicago Department of Business Affairs and Consumer Protection is the first client for a new service aimed at …
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