Wednesday , May 29, 2024

Net Element Adds Russian Apple Pay Support and other Digital Transactions News briefs

• The Western Union Co. said it has integrated Apple Pay into its mobile app, allowing U.S. customers to use the mobile-payments service to fund money transfers to more than 200 countries and territories, including domestic bill payments. More than 60% of digital-money transfers on Western Union’s network are initiated on a mobile device, the company says. An integration with Apple Pay for transfers from the United Kingdom is planned for later in the year.

U.S.-based payments provider Net Element Inc. announced it supports Apple Pay in Russia on its PayOnline e-commerce platform. Launched in Russia in October, Apple Pay now claims an estimated 200,000 users in that country, according to Net Element.

Starbucks Corp. updated its mobile app for Apple Inc.’s iPhone; the new app gives customers the ability of customers to send a digital gift card via Apple’s iMessage texting app and pay for them through Apple Pay.

A survey of financial institutions in the Western United States found low awareness and adoption of faster-payments initiatives. Some 57% of 430 respondents said same-day automated clearing house credits, enabled in September, have “had no measurable impact on … transactions.” Thirty-four percent said they were unaware of the Federal Reserve’s Faster Payments Task Force, and 46% said they had only high-level knowledge. The survey was conducted by WesPay, a San Francisco-based trade association.

PayPal Holdings Inc. and Visa Inc. said they have extended to the Asia-Pacific market an agreement they reached last year that allows PayPal users to more easily make transactions on their Visa cards at PayPal-accepting merchants and gives PayPal access to Visa’s tokenization engine for in-store transactions at Visa-accepting merchants.

Independent sales organization Bluefin Payment Systems LLC said its PayConex Plus platform achieved EMV chip card certification with processor First Data Corp.

Bank technology provider Cummins Allison said Southwest Capital Bank installed 35 of its ATMs.

Apptizer, a company that specializes in simplifying the development of mobile apps for businesses, has integrated with Apriva’s payment gateway.

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