Sunday , January 24, 2021

News

September, 2020

  • 1 September

    Beyond Contactless: Giant Eagle Recruits Grabango for Checkout-Free Stores

    Cashierless technology is spreading as stores hunt for ways to automate service and payments while keeping operating costs in check. The latest example is supermarket chain Giant Eagle Inc., which has teamed up with Grabango Co., a Berkeley, Calif.-based provider of checkout-free technology, to introduce cashierless technology to its GetGo …

August, 2020

  • 31 August

    As Point-of-Sale Credit Grows, PayPal Adds Pay in 4, a New Installment Option

    PayPal Holdings Inc. is expanding its portfolio of installment-payment options by introducing Pay in 4, a short-term financing program. PayPal says the new option, which allows consumers to pay for a purchase over four interest-free payments, can help merchants drive customer conversions, hike revenue, and enhance loyalty without taking on additional …

  • 31 August

    Phishing Gets Even Fishier As Online Criminals Turn a Security Protocol to Their Advantage

    Online criminals are now launching most of their phishing attacks from domains secured by the HTTPS protocol—and they’re hijacking the sites they need to do it, according to the latest report from the Anti-Phishing Working Group, a security-industry organization that tracks the crime. Some 77.6% of phishing sites in the …

  • 31 August

    Quadpay in Vyze Deal and other Digital Transactions News briefs from 8/31/20

    Point-of-sale credit provider Quadpay Inc. said it is working with Mastercard Vyze, the card brand’s alternative financing platform, to make buy-now-pay-later options available to more merchants and consumers.Noting the increasing popularity in Canada of Square Inc.’s Cash App and PayPal Holdings Inc.’s Venmo app in the face of that country’s Interac bank-to-bank …

  • 28 August

    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 …

  • 28 August

    Small-Business Payments Provider Bill.com Logs Double-Digit Gains in Volumes

    Payments volumes for small and mid-size businesses are growing at a quick pace, if the latest information from cloud-based payments-technology company Bill.com Inc. is any indication. The 14-year-old Palo Alto, Calif.-based company processed $25.4 billion in payment volume in the June quarter, fully 26% above the volume handled in the …

  • 27 August

    You’ve Heard How Consumers Have Turned to Online Channels. Now the Numbers Show It

    It’s become a common assertion in the payments business that consumers are turning to online sites for shopping as they contend with the various impacts of Covid-19. Now government data indicates just how well-founded that assertion is. E-commerce dollar volume in the second quarter totaled $211.5 billion, up 32% from …

  • 27 August

    A Covid-Inspired Push for Embedded Payments Helps Spur Four-Fold Growth for Finix

    With more independent software providers and financial-technology companies embedding payment capabilities in their applications, Finix Payments Inc., a provider of payment applications, has seen its transaction volume jump more than fourfold from the second quarter of 2019 through the second quarter of 2020. Key drivers of the growth include a …

  • 27 August

    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 …

  • 27 August

    Bill.com Teams With Keybank And Other Digital Transactions News From 8/27/20

    Cloud-based business software provider Bill.com has teamed with KeyBank to launch Key CashFlow, an online-banking facility that streamlines payments for small businesses.Point-of-sale installment lender Affirm Inc. said it is working with David’s Bridal to allow brides to pay for their wedding gowns with payments over three or six months at …

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