KeyBank said it has begun issuing contactless-enabled Mastercard credit and debit cards. Diebold Nixdorf Inc. said KeyBank will upgrade its network of 1,400 ATMs with Diebold’s DN Vynamic portfolio of software applications that includes ATM management and more options for customers, including selection of bill denominations. Payments provider CCBill LLC announced …
Read More »How an Old Standard Could Trip Up a New Generation of Contactless Payments
The surprising revelation by J.C. Penney Co. Inc. over the weekend that it had ceased acceptance of contactless payments unmasked the little-noticed ability of contactless mobile wallets to work with point-of-sale technology that far predates them but which Visa Inc. wants banished. The blend of old and new has worked …
Read More »JCPenney Drops Apple Pay
Department-store chain J.C. Penney Co. Inc. confirmed over the weekend that it no longer accepts Apple Inc.’s Apple Pay mobile-payment service. The move appears to involve a Visa Inc. contactless rule that took effect this month that may have broader implications for U.S. retailers. The confirmation came in a tweet …
Read More »Apriva Adds viv Support and other Digital Transactions News briefs from 4/22/19
Apriva LLC, a payments provider for unattended retail, said its network will support the viv mobile-payments app from Vagabond, allowing college students to use virtual campus cards for vending-machine purchases. In related news, Apriva said it will support mobile payments for AveriGo LLC, a software provider for the vending and …
Read More »Dunkin’ Adds Other Payment Forms To Its DD Perks Loyalty Program at 1,000 Locations
Coffee, doughnut, and breakfast sandwich aficionados can now pay with credit and debit cards and even cash and still earn points in Dunkin’ Brands Group Inc.’s DD Perks loyalty program at more than 1,000 test stores, Dunkin’ announced this week. DD Perks is one of the nation’s largest rewards programs, …
Read More »Most Full-Service Restaurants Are Frustrated With Their Payments Services, a Survey Finds
Frustration with payments runs high among full-service restaurant operators, so much so that only 20% expressed no frustrations in a new TouchBistro Inc. report released Monday. The other 80% had some issue with their payments services, with many of them, 21%, citing a lack of transparency on pricing. That was …
Read More »Nxt-ID Closes in on a Spin-Off of Its Fit Pay Payments And Tokenization Unit
Nxt-ID Inc. is getting closer to spinning off its Fit Pay Inc. unit, which markets the contactless-payment technology behind Garmin Pay and Swatch Pay and also this week began shipping a contactless device to allow consumers to spend their Bitcoin holdings at stores. The spin-off, first announced in September, will …
Read More »Eye on Crypto: FitPay Starts Shipping Flip; InstaMed Prototypes a Blockchain Payment App
FitPay Inc. has started shipping its contactless, coin-shaped Flip device, which allows users to spend Bitcoin as U.S. dollars at stores. The company said on Wednesday it plans to “ramp up” production of Flip though the first half of the year. The news comes after Fit Pay announced in January …
Read More »How Apple Card Heralds a Push for Greater Digital Authentication—And for Apple Pay
Apple Inc.’s forthcoming Apple Card is another push from the computing giant to move payments into a digital realm under Apple’s control, according to analysts. Apple last week announced the card, which bears a Mastercard Inc. brand and will be issued by Goldman Sachs Group Inc. The product, which eschews …
Read More »Another Bank Adds Zelle and other Digital Transactions News briefs from 4/1/19
Huntington Bank launched the Zelle peer-to-peer payments service on its mobile and online banking service. Payment Data Systems Inc. said its FiCentive subsidiary will provide its Akimbo commercial prepaid Mastercard-branded cards to the Bowen Center, a behavioral-health company. Zapt, an on-demand platform that lets customers schedule household moves, said it …
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