Digital Transactions Authoritative, insightful and timely information for payments professionals
Left behind in the last decade’s rush to sign up merchants for electronic payments is the non-profit sector, made up chiefly of faith-based organizations that collect billions of dollars yearly in offerings and donations—most of it in cash and checks. Still, payments providers are starting to pay attention, and on …
November, 2018
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1 November
AmEx Announces Small Business Saturday Plans and other Digital Transactions News briefs from 11/1/18
By 2023, in-car commerce will total $265 billion annually on more than 8.2 billion transactions from 775 million consumer vehicles, according to projections from Juniper Research. American Express Co. announced a slate of programs for its ninth annual Small Business Saturday, set for Nov. 24. Mastercard Inc. said it will work with …
October, 2018
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31 October
Offering businesses maximum value in a merchant portal
Merchant information portals have been around for decades. They were initially designed as standalone applications that a merchant could use to track and retrieve information about customer credit card transactions, nightly batches and the source of an occasional chargeback. The information in the portal also served as a merchant’s detailed …
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31 October
Amazon Seeks Western Union E-commerce Aid and other Digital Transactions News briefs from 10/31/18
USA Technologies Inc., a vendor of payment-acceptance technology for self-serve machines, launched its ePort G9 in Canada. The device accepts contactless debit cards equipped with Interac Flash. The Western Union Co. said it has been asked by Amazon.com Inc. to develop a service that will allow overseas shoppers to pay …
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30 October
NCR’s New CEO Started Eyeing Payments Soon After Taking the Company’s Reins
Payment processing is something NCR Corp. president and chief executive officer Michael D. Hayford thought the ATM manufacturer and point-of-sale software provider should add to its menu of services since he took the company’s top post six months ago. He’ll get his wish if NCR’s $184 million deal to acquire …
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30 October
Eye on Restaurants: BAMS Caters to Full-Service Restaurants; CardFree Launches Pay-At-Table
Payments provider Bank of America Merchant Services announced it and talech, developer of a cloud-based point-of-sale system that uses Apple Inc. iPads, are going after full-service restaurant and bar owners. Announced Tuesday, the deal will see BAMS, which is a merchant-acquiring alliance between First Data Corp. and Bank of America …
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30 October
Mastercard CEO ‘Very, Very Optimistic’ About the Coming Common Buy Button for E-Commerce
Mastercard Inc. president and chief executive Ajay Banga says he’s “very, very optimistic” about the Secure Remote Commerce initiative to reduce clutter on online checkout pages. Banga’s comments came Tuesday morning as he reviewed Mastercard’s results for the third quarter, a period in which U.S. purchase volume rose 10.7% year-over-year …
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30 October
Fast-Growing Adyen Bolsters Its North American Market With a Move Into Canada
Adyen N.V. has had a busy year, and on Tuesday it made yet another significant move by announcing it is now doing business in Canada. The Dutch payments company, which already operates in the United States and Latin America as well as Europe and Asia, also announced four brands as …
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30 October
Pushpay Updates for the Religious Sector and other Digital Transactions News briefs from 10/30/18
Prepaid-card provider Card.com said it will feature images of top National Football League players on Visa-branded prepaid cards in a deal with the NFL Players Association. More than 200 player image cards are available. Pushpay Holdings Ltd., a specialist in payments to the U.S. religious sector, said it now offers more …
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29 October
First Data Plans To Bring Its Popular Clover Platform to Full-Service Restaurants
First Data Corp. plans to further exploit its fast-growing Clover point-of-sale hardware and software platform for small and mid-sized businesses by bringing it to full-service restaurants. “Clover has always been strong in small, quick-service restaurants, but the FSR segment needs much deeper functionality and is a large addressable software market …