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- USA Technologies Inc. said Pepsi Bottling Ventures (PBV) has signed a multiyear contract for USAT’s ePort Connect contactless-payment technology covering 13,000 vending machines. PBV is said to be the largest privately held bottler for Pepsi products in North America.
- NuData Security, a unit of Mastercard Inc., released a service to aid online transaction verification using the EMV 3-D Secure protocol.
- Shift4 Payments said its payments services are now integrated into Protel North America’s point-of-sale software for the hospitality industry.
- Convenience-store operator Landmark Industries will use EMV-acceptance technology from Gilbarco Veeder-Root at all of the ExxonMobil gas stations it owns, Gilbarco announced.
- Payments-technology provider ACI Worldwide Inc. ended the June quarter with a $2.16 million operating loss on nearly $235 million in revenue, down from a $38.4 million loss in the same quarter a year ago on $240.6 million in revenue.
- Synchrony Financial Inc. said its CareCredit medical credit card has expanded its acceptance into 25 more specialties, including primary care and general practice.
- The use of Bitcoin as a payment medium has plunged dramatically, with the 17 largest merchant processors for cryptocurrency reporting volume of $60 million in May, down from $411 million in September, according to Chainalysis Inc. For June, the exchanges reported volume of $69 million, down from $270 million in June a year ago. The drop has occurred despite much improved stability in Bitcoin’s price since the end of 2017.
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