News

June, 2014

• 23 June

  Opening Its Developer Platform, SimplyTapp Seeks to Ease Cloud-Based NFC for Issuers

  The startup that popularized a cloud-based approach to mobile payments using near-field communication (NFC) on Monday opened to card issuers and mobile-application providers a developer platform that could make it cheaper and easier to include digital cards in mobile apps. The platform, from Austin, Texas-based SimplyTapp Inc., offers tools specific …
• 19 June

  Amazon’s First Smart Phone Harbors a Big Mobile Commerce Promise For the Retailer

    Rumors from the past few years that Amazon.com Inc. was building a smart phone bore fruit Wednesday when the online retailer revealed the Amazon Fire, a mobile device built to ease the mobile commerce experience on its Web site. It may herald another way to shop Amazon, but it …
• 18 June

  POS Vendors Flint And Vend Link Up with Intuit for a QuickBooks Online Integration

  Small businesses using Vend Ltd. point-of-sale systems and a mobile-payment acceptance app from Flint Mobile Inc. can now link payment data from these services to their QuickBooks Online accounts. Vend is a New Zealand-based company that markets a POS system that works on desktop computers, Apple computers, and the iPad. …
• 18 June

  Hoping to Boost Volume, Dwolla Debuts A Service That Simplifies Sending Payments

  Alternative payment network Dwolla Inc. has added Dwolla Direct, a method for individuals and organizations to send a payment via the network without registering for a full Dwolla account. Instead, they complete an online form that asks for an e-mail address, password, and bank account information. The process takes place …
• 18 June

  Cardtronics Seeks Greater Volume on Deposit-Taking ATMs Through New Links to Allpoint

  By Jim Daly n The surcharge-free Allpoint ATM network will begin offering deposit-taking services to customers of U.S. member financial institutions at 2,500 ATMs in 7-Eleven Inc. stores and other locations, Allpoint owner Cardtronics Inc. said Wednesday. n The deal represents a new way for Cardtronics, which owns or operates …
• 17 June

  Retailer Trade Groups Seek To Overturn Judge’s Approval of Interchange Settlement

  Two retailer organizations dissatisfied with a $5.7 billion settlement of a class-action antitrust case alleging unfair credit card interchange rates have filed the next step in their appeal of the settlement. The National Retail Federation and the Retail Industry Leaders Association said Monday they filed a joint brief with the …
• 17 June

  In a Move That Baffles Experts And Vexes Some Users, PayPal Drops Remote Capture

  With its abrupt move over the weekend to discontinue mobile remote capture of checks, PayPal Inc. has puzzled payments experts and vexed at least some users. Some PayPal devotees took to Twitter on Sunday to post their reactions, which were generally negative. “I was told today you all won't be …
• 16 June

  E-Commerce Gateway Services Provider Digital River Flows Into Bitcoin’s Expanding Sea

  Payment-gateway services provider Digital River Inc. announced Monday that it is adding Bitcoin as a payment option for its small and mid-sized U.S. e-commerce merchants. The Minnetonka, Minn.-based firm thus apparently becomes the first U.S.-based gateway to support the leading virtual currency. n “Bitcoin continues to attract more mainstream attention,” …
• 12 June

  Estimates Vary, But There’s No Doubt: EMV Cards Soon Will Be in Millions More Wallets

  The conversion of U.S. magnetic-stripe credit and debit cards to the Europay-MasterCard-Visa (EMV) chip card standard is about to shift into high gear, and the payments forecasters are busier than their counterparts at The Weather Channel just before a hurricane’s landfall. The EMV Migration Forum, an affiliate of the Princeton …
• 12 June

  EMV Acceptance Likely To Get A Boost When Walmart Chip Cards Begin Showing Up

    The debut this summer and later in the year of chip cards for cardholders of Walmart and Sam’s Club branded credit cards likely will spur other retailers to accept the new payment card technology. That’s the finding from a Digital Transactions News survey that asks if the issuance of …