Point-of-sale

October, 2022

• 18 October

  Recurly Adds a Ramp Feature to Its Subscription Pricing Model

  

  Clients using Recurly Inc. to manage their subscription-pricing models have a new feature to use. Recurly on Tuesday launched a ramp-pricing model that enables its clients to dynamically increase or decrease pricing within their subscriptions. This is in addition to the fixed, one-time, usage-based, tiered, volume, stairstep, and hybrid models …
• 18 October

  FTC Probes Tokens and Routing And Other Digital Transactions News briefs from 10/18/22

  

  The Federal Trade Commission has launched a probe into whether security tokens issued by Visa Inc. and Mastercard Inc. interfere with the ability of processors to route debit card transactions to alternative networks, according to The Wall Street Journal. Network choice for debit card transactions is mandated by the Durbin Amendment to the 2011 …
• 17 October

  Green Dot’s Henry Gone as the Prepaid Card Provider Appoints CFO as New CEO and President

  

  Dan R. Henry, who took over as chief executive and president, from Green Dot Corp. founder Steven Streit in March 2020, is out. Green Dot announced Monday Henry, who previously held executive positions at Euronet Worldwide and Netspend, was “terminated” Oct. 14. That’s when Austin, Texas-based Green Dot named George …
• 17 October

  More Than a Checkout Tool: PayPal’s App Ties in Discounts And Rewards More Tightly

  

  PayPal Holdings Inc. has been on a drive for some time to reinforce consumer engagement with its products, and early Monday it launched its latest gambit to spur interactions with its still relatively new app. The so-called super app, launched a year ago, now includes a direct connection with Honey, …
• 17 October

  Pay With Karma Debuts And Other Digital Transactions News briefs from 10/17/22

  

  Fintech app Karma launched Pay with Karma, an embedded checkout service that enables for consumers a simplified purchase experience across different retailers with multiple payment options.Ammo Inc., owner of GunBroker.com, an online marketplace for the firearms and shooting-sports industry, said it will launch a proprietary payment-processing platform on or about Jan. 1.Mastercard …
• 14 October

  Samsung Eyes 13 New Markets for Samsung Wallet

  

  Consumer electronics giant Samsung Electronics is looking to expand to 13 new markets for its Samsung Wallet service. Announced Friday, the expansion of the digital-wallet platform will more than double its presence from the eight nations where it is already available. Samsung Wallet is the new brand for the combined …
• 14 October

  Priority Pairs With Valor PayTech And Other Digital Transactions News briefs from 10/14/22

  

  Priority Technology Holdings Inc. said it is working to integrate omnichannel products from Valor PayTech into the Priority MX Merchant ecosystem.Raiven Capital said it has exited from an unspecified early-stage investment in Whizmo, a fintech that helps small businesses in emerging countries convert from cash acceptance to contactless payments.Mastercard Inc. launched Start Path …
• 13 October

  Eye on Chargebacks: ACI Data Show Flat Fraud Attempts And Forter Debuts Smart Claims

  

  Chargebacks are the bane of e-commerce retailers, but new data from ACI Worldwide Inc. indicate many may have them mostly in check. Separately, Forter launched Smart Claims, a product to help better manage chargebacks. Released Thursday, the new ACI data find that overall fraud attempts remained flat at 0.01%, despite …
• 13 October

  Issuers Laud Durbin Bill’s Shortfall And Other Digital Transactions News briefs from 10/13/22

  

  Credit unions and other credit card issuers cheered as the provisions of the proposed Credit Card Competition Act fell short of becoming an amendment to a defense-authorization bill in Congress. The bill’s sponsors, including Sen. Richard Durbin, D-Ill., had attempted to attach the CCCA to the defense bill as a shortcut to making it …
• 12 October

  Juniper’s $48 Billion in Online Fraud Forecast And Other Digital Transactions News briefs from 10/12/22

  

  A new Juniper Research report forecasted e-commerce fraud will exceed $48 billion globally in 2023, up from $41 billion in 2022.BJ’s Wholesale Club has selected Capital One as the issuer of the retailer’s cobranded Mastercard, which is set to launch early next year.Galileo Financial Technologies said it has been Visa Ready certified as an …