Monday , November 11, 2019

Gains for Mobile Bill Pay and other Digital Transactions News briefs from 10/16/19

Twenty-one percent of consumers used a mobile app to pay a bill in 2019’s first quarter, up from 19% in the year-earlier period, according to a survey of more than 3,000 consumers by ACI Worldwide Inc. Meanwhile, 28% used a paper check, down from 32% a year earlier, according to the ACI Speedpay Pulse survey.

U.S. Bancorp, owner of merchant acquirer Elavon, said higher sales volumes lifted its third-quarter merchant-processing revenues to $410 million, a 4.6% year-over-year increase.

Bank of America Corp. reported $162 billion in total third-quarter spending on its credit and debit cards, up 6.6% from $152 billion a year earlier.

Payments provider Paysafe Group launched Mobile Pay, which enables small and medium-size merchants to add payment-acceptance capability to their mobile devices using card-acceptance hardware from Anywhere Commerce and apps from Apriva. Nearly 17,000 U.S. small businesses have adopted the product so far.

Discover Financial Services announced that Windcave, formerly Payment Express, a payment-technology firm in New Zealand, is now a global acquirer for all cards that run on the Discover network.

Bitcoin technology startup Bitstop said it installed the first Bitcoin ATM at Miami International Airport.

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