Digital Transactions Authoritative, insightful and timely information for payments professionals
PayPal Inc. updated its reader for its PayPal Here mobile point-of-sale service with Windows 8.1 support and separately plans to release software to integrate reader support into iOS and Android apps. Introduced in 2012, PayPal Here enables merchants to use their smart phones and tablets as payment-acceptance devices. The inclusion …
Read More »Restaurateurs Look to Tablets And Kiosks To Fuse In-Store, Digital Commerce
CKE Restaurants Inc., parent of the Hardee’s and Carl’s Jr. fast-food chains, and TGI Fridays Inc. are using Microsoft Corp. technology to speed up the ordering and purchase process in their restaurants, the Redmond, Wash.-based computing giant announced on Monday. Carrollton, Texas-based TGI Fridays is putting 8-inch tablets into the …
Read More »New Verifone mPOS Device, Android Tablet Among Flurry of NRF Announcements
Several payments-industry vendors are making product and services announcements in conjunction with the National Retail Federation’s annual Big Show convention this week in New York. Verifone unveiled the PayWare Mobile e355, a mobile point-of-sale terminal that accepts magnetic stripe, near-field communication (NFC), Europay-MasterCard-Visa (EMV), and Apple Pay transactions. Available in …
Read More »Can EMVCo’s Aegis Rescue a Floundering 3D Secure for Online Payments Security?
Card-not-present fraud is the bane of any merchant that operates an e-commerce site, and EMVCo, a standards body for the Europay-MasterCard-Visa (EMV) specification, hopes its newly assumed oversight of the 3D Secure authentication standard can help them. Operated as Visa Inc.’s Verified by Visa and MasterCard Inc.’s SecureCode, 3D Secure …
Read More »BluePay Acquisition Bolsters Integrated POS Efforts As New Exec Takes Over
Merchant-services company BluePay Processing Inc. has bought CDI Technology Corp., which provides e-commerce software and payment services for companies that use business-management software such as Oracle JD Edwards and SAP. Terms of the deal were not disclosed. Lombard, Ill.-based CDI integrates e-commerce and payments into business-management software, often called …
Read More »Merchant Processor Global Payments Reports Strong Second-Quarter Financials
By Digital Transactions News Staff Bolstered by solid growth in the U.S. and Asia, merchant processor Global Payments Inc. on Thursday reported total revenues of $697.3 million for its second quarter of fiscal 2015 ended Nov. 30, up 10% from $634.1 million a year earlier. Second-quarter net income increased only …
Read More »ISO Startup Blue Star Hopes Ties to NFL’s Dallas Cowboys Will Boost Its Prospects
The National Football League’s Dallas Cowboys organization is lending its name recognition to a new merchant-services company, Blue Star Payment Solutions. Frisco, Texas-based Blue Star intends to build its brand based on its affiliation with the Dallas Cowboys as one of the companies owned by the Jones family, says Jerry …
Read More »Latest Stats Show the ACH Growing Steadily As Players Mull Faster-Payments Proposal
Traffic on the automated clearing house network continues to climb at a steady clip as financial institutions and other users of the system mull over a proposal to speed up payments from next-day to same-day settlement. In the quarter ended Sept. 30, overall volume on the ACH grew 4.15% year …
Read More »Bitcoin Exchange Bitstamp Shuts Down While It Sorts out Effects of a $5.2 Million Breach
A breach Jan. 4 at Bitcoin exchange Bitstamp resulted in the loss of approximately $5.2 million worth of the digital currency and caused the exchange to shut down while it sorts out the after-effects. That’s according to notes posted to Bitstamp’s Web site Monday and Tuesday. The breach targeted one …
Read More »Rash of Chain Breaches Casts Spotlight on Unique Vulnerabilities of Franchised Businesses
News of a possible card-data breach at chicken-sandwich chain Chick-fil-A caps a year that saw a number of franchised businesses compromised and throws into relief what some experts say is the unique security vulnerability of the franchise business model. Franchised chains, in which so-called owner-operators run stores under a license …
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