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Search Results for: transit

The Latest EMVCo Standards Update Aims at Broader—And Streamlined—User Authentication

Stronger authentication for voice-activated payments, as well as streamlined identity checks and support for a wider array of authentication technologies for online payments generally, are included in the latest version of EMVCo’s 3-D Secure standard, the global payments-standards body said Wednesday. EMVCo said its new update, version 2.3, responds to …

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Putting Cash in the Past

The demands of modern business have virtually dictated that companies not only should, but must, use digital payments. With the onset of the Covid-19 pandemic, business operations were forced to shift online practically overnight. Work-from-home became the new normal, which created contactless environments for communication and workflows. Payments quickly followed …

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The Eight-Digit BIN Problem

Next year, a new ISO standard will expand the size of BINs by two digits, creating a security issue. Here’s an approach to a solution. A card-identification standard set by the International Standards Organization mandated that banks switch over from the current six-digit Bank Identification Number (BIN) to eight-digit BINs …

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Summer’s Heat Is on Card Costs

You could be forgiven for neglecting the battle between merchants, on the one hand, and banks and payments networks on the other, over acceptance costs for payment cards. After all, the conflict is a long-running affair, and other issues have crowded onto the scene in recent months. But this summer …

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InComm and doxo Team Up to Digitize Cash Payments for Billers

While consumers’ use of digital channels to pay bills has risen during the Covid-19 pandemic, one area of bill payment that has lagged in the transition to digital payments is billers that accept cash payments, such as utilities. On Thursday, payment-technology provider InComm Payments and bill-payment platform doxo Inc. announced they …

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LaCore To Offer Sezzle to Merchants and other Digital Transactions News briefs from 8/26/21

Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the …

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With Rate Increases Looming, a Processor Aims to Wean Auto Shops off of Credit Cards

With credit card acceptance rates expected to rise next spring, payments-technology firms are starting to launch services for merchants that they say will soften the blow. The latest comes in the automobile-repair industry with an announcement Tuesday by Facepay Inc. of general availability of a service aimed at replacing credit …

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Make Call Center Payments Easy with Virtual Terminal

By Sherrie Bryant, Marketing Director, Exact Payments Providing fast, convenient customer service is fundamental to successful call center management. However, consumers continually seem to raise the bar as their behaviors evolve. At one time, convenience meant enabling customers to call rather than drive to a physical location to make purchases, …

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Global Payments Celebrates Its Latest Deals As Its CEO Says, ‘The Best Is Yet to Come’

Global Payments Inc. early Monday announced it will make its Netspend prepaid card services available via Amazon Web Services. While reporting a strong performance for the June quarter, the Atlanta-based processing company also said it is acquiring from Spain’s Caixabank the payments businesses of the bank’s Bankia unit.  The move …

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Global Payments Launches TSYS Partner Program and other Digital Transactions News briefs from 7/14/21

Payments provider Global Payments Inc. announced consulting firm PwC will be a charter member of Global’s TSYS Partner Program, an initiative aimed at developing business partnerships with companies globally.CloudPay Inc., a payroll-processing provider, launched CloudPay Now, a service allowing multinational companies to provide earned-wage access globally.InComm Payments will process prepaid card transactions online …

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Digital Transactions