Digital Transactions Authoritative, insightful and timely information for payments professionals
By John Buchanan, Vice President of Sales, Agile Financial Systems There’s no doubt last year’s pandemic crippled sales and brought hardship to many businesses, and unfortunately, many had to close their doors for good, while others had to impose additional surcharges to stay afloat. While credit cards are extremely convenient …
September, 2021
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30 September
As States Give the Nod to Sports Betting, Paysafe Adds Fubo Gaming to Its Roster of Clients
Paysafe Group Holdings Ltd. extended its foray into the booming sports-betting industry, announcing a partnership Thursday with Fubo Gaming, a Chicago-based subsidiary of live TV-streaming platform fuboTV Inc. Fubo Gaming’s mobile sportsbook and Fubo Sportsbook applications will plug into Paysafe’s platform for credit and debit card payments, the Skrill USA …
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30 September
Account Takeover Attacks Are Taking a Toll on Financial Services Firms, Sift Reports
Financial-services firms, and fintechs particularly, have been swamped with account-takeover attacks over the past year, leaving many consumers wary of visiting these sites, according to a report issued Thursday by Sift Science Inc. Indeed, the volume of account-takeover attacks overall more than tripled between the second quarter of 2019 and …
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30 September
Fiserv’s Big Plans for New Jersey and Digital Transactions News briefs from 9/30/21
Processor Fiserv Inc. said it will open a new office building in New Jersey that will include 428,000 square feet of space and accommodate approximately 3,000 employees.In related news, Visa Inc. said it will open a new office in Atlanta next year. The company expects the new space to accommodate approximately 1,000 employees over …
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29 September
PayPal Adds Staples to Its List of ‘Return Bars’ for Its Happy Returns Service
As part of its efforts to extend its contact with consumers and merchants beyond checkout, PayPal Holdings Inc. announced Wednesday that Staples Inc. has become the latest merchant partner to serve as a return center for its Happy Returns in-person return service. Staples will roll out the service at its more …
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29 September
Discover’s Meal Plan Strategy and other Digital Transactions News briefs from 9/29/21
Discover Network said it will work with Phood Solutions Inc., a food-payment and delivery platform for college students, to provide a mobile app that allows students to load a meal plan along with plan dollars for use with DoorDash and other services. Payments will be backed by a Discover prepaid card …
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29 September
Online Powerhouse GoDaddy Takes the Next Step with Card-Present Transactions
GoDaddy Inc., which launched GoDaddy Payments in June to unify its transaction services following its December deal to buy point-of-sale terminal maker Poynt Inc., released a countertop payment terminal and mobile card reader with lower fees than most competitors. Merchants will pay 2.3% per card-present transaction and 2.3% plus 10 …
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28 September
Mastercard Joins An Increasingly Crowded BNPL Field With the Debut Of Mastercard Installments
Mastercard Inc. joined the BNPL fray Tuesday with the introduction of Mastercard Installments. Consumers can access BNPL offers, either pre-approved through their lender’s mobile banking app or through instant approval at checkout, that can be used online or in-store wherever Mastercard is accepted. Consumers can choose from a variety of …
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28 September
BitPay Pairs With Verifone to Bring Crypto Acceptance to More Stores
BitPay Inc. and Verifone Inc. early Tuesday said they are collaborating on a service that later this year will allow U.S. merchants using Verifone devices to accept as many as 11 cryptocurrencies in-store and online. Consumers will be able to pay with a broad array of crypto wallets, including one …
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28 September
39% Would Ditch Banks and other Digital Transactions News briefs from 9/28/21
Thirty-nine percent of consumers would ditch traditional banking for peer-to-peer and social media app payments, found a survey of 1,000 U.S. consumers from GoCardless, which provides account-to-account payment services. Younger consumers are much more inclined than older consumers with 54% of Gen Z, the youngest, and 56% of Millennials, willing to …