Friday , April 19, 2024

More Online Ordering and other Digital Transactions News briefs from 5/20/20

  • Forty-five percent of U.S. consumers are ordering online more often than usual as a result of restrictions stemming from Covid-19, and 34% are making more purchases with contactless or mobile-payment options, according to an online survey of 807 U.S. adults by Auriemma Group, a financial-services consulting firm. The firm also surveyed consumers in the United Kingdom.
  • Commerce platform and payments processor Shopify Inc. will add cryptocurrency processing from CoinPayments Inc. for Shopify merchants following a beta test that began last year, CoinPayments announced. Shopify is also participating in the Libra Association cryptocurrency venture announced last year by Facebook Inc.
  • Point-of-sale installment lender Afterpay Ltd. announced more than 5 million active consumers are now using the service in the United States, while almost 9 million U.S. consumers have signed up. Afterpay launched in the United States two years ago.
  • Some 35% of a sample of 425 e-commerce merchants report that 10% or more of their accounts have been hijacked by account-takeover fraudsters in the past 12 months, according to a survey by Riskified Ltd., a provider of fraud-prevention technology. The canvass also took responses from more than 4,000 consumers.
  • The U.S. Treasury Department and the Internal Revenue Service have begun distributing nearly four million Economic Impact Payments, payments authorized by Congress as part of the government’s Covid-19 stimulus program, on prepaid cards issued by MetaBank instead of paper checks.
  • Data-analytics firm GoodData Corp. said it has received an investment from Visa Inc. and will work with the card brand to develop data products that give insights about customer behavior and the effects of business decisions. The size of the investment was not disclosed.
  • Payments provider Merchant e-Solutions said it has partnered with Payouts Network Inc. to provide real-time processing for business funding.
  • Payment processor Payscout LLC spun off its division that offers payments via so-called extended-reality (XR) technology—virtual reality, augmented reality, and mixed reality— into a separate company called CyberDyme Inc.
  • GoCardless Ltd., a recurring payments specialist, said 8×8 Inc., a cloud communications platform, is using GoCardless to provide direct debit as a payment option.
  • Payments provider Century Business Solutions released a payment application for the Microsoft Dynamics SL project-management software.
  • Modernizing Medicine Inc., a provider of practice-management technology for physicians, launched modmed Pay, an integrated payments module that can handle payments via patient portals, kiosks, and text-to-pay as well as via terminals.

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