Thursday , November 26, 2020

Contactless Payment a First for 53% and other Digital Transactions News briefs from 11/11/20

  • Research from Inmar Intelligence found that 53% of shoppers used a mobile contactless payment option for the first time since the start of the pandemic. Additionally, most—55%—of the 1,000 respondents surveyed said they have been avoiding using cash in general in the same period. A full 28% will avoid retailers not offering a contactless payment option and choose one that does.
  • The latest Expectations & Experiences survey from Fiserv Inc. found that consumer interest in contactless payments is at 58% this year, up from 28% in 2019. The survey included 3,001 interviews with U.S. adults conducted Aug. 18-Sept. 9.
  • Paytronix Systems Inc. launched Paytronix Subscriptions, a service that enables merchants to offer subscription payments with consolidated access to payment, email, analytics, and tracking for them.
  • Podium Corp. Inc., which offers a messaging service that links small businesses with customers, said its Podium Payments point-of-sale acceptance network now offers guarantees against chargebacks.
  • Blackhawk Network said it will issue digital gift cards on its CashStar Consumer platform on behalf of Fruit Punch Music, a music-streaming service aimed at children.
  • E-commerce payments platform Digital River said it is joining Spark, a Salesforce Commerce Cloud feature from the digital commerce consultancy Tryzens that eases entry by businesses into new markets.
  • Fraud-prevention specialist Kount Inc. announced Event-Based Bot Detection, which it says guards against bot attacks from customers’ account creation to login to payment.
  • Credit union service organization PSCU said its Enhanced Fraud Services tool helped 10 early-adopter credit unions take on fraud.
  • 2Checkout released an update to its Avangate Monetization Platform, including new options for subscription services and additional support for Google Analytics and Google Tag Manager.
  • Processor Adyen said it would expand into the Middle East.
  • Fintech Alacriti announced a deal with Glia, which provides digital customer service services, that enables financial institutions to use Alacriti’s chatbot within Glia’s platform.

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