Digital Transactions Authoritative, insightful and timely information for payments professionals
E-commerce merchants are beginning to learn efficient ways to navigate the newly launched Visa Claims Resolution program for managing chargebacks. With the increasing emphasis among consumers and merchants on making more of their transactions in the digital realm, Visa Inc. launched in April its new chargeback-resolution program that includes shortened …
May, 2018
-
16 May
Paya Offers CardFlight’s SwipeSimple and other Digital Transactions News briefs from 5/16/18
First American Payment Systems LP announced an integration with the Uluro billing and communication platform that is used across multiple industries. Payments provider Paya said it now offers the CardFlight SwipeSimple product to its merchants. Merchant processor Payment Data Systems announced record revenue of $5.8 million in the first quarter, …
-
15 May
Eye on Transit: How Payment Convenience Could Boost Ridership; DART Updates Mobile App
It’s easy to see how convenience in the form of longer service hours and lower fares might increase ridership on public transportation systems, but new survey results show that mobile apps that combine various transit options, including payments, could also boost ridership. London-based mass-transit software developer Masabi Ltd. recently released results …
-
15 May
Ticketing App Atom Tickets Adds Landmark Theatres to a Stable of Major Movie Chains
The movie-ticketing app Atom Tickets has struck a deal with Landmark Theatres, said to be the country’s largest exhibitor of independent films, to add the company’s 53 theaters and 255 screens in 27 markets across the country. The deal will boost Atom Tickets’ coverage that includes more than 20,000 screens …
-
15 May
FIS’s Baseball Play and other Digital Transactions News briefs from 5/15/18
Visa Inc. is sponsoring a contest in which the winner will receive an international trip on which all expenses will be paid without using cash. Applicants must submit a short video by June 15. Fidelity National Information Services Inc. (FIS) has extended to 2022 an agreement with Minor League Baseball …
-
14 May
Payroll Firm ADP Adds Multiple Payment Options in its Wisely Pay Service
Payroll giant ADP LLC launched its Wisely Pay service Monday, which combines digital accounts and a Visa-branded chip card as ways to pay individuals and for them to access these funds. Wisely Pay is the first product resulting from Roseland, N.J.-based ADP’s October 2017 acquisition of Global Cash Card, a …
-
14 May
Chili’s Reports Malware-Related Data Compromise at Company-Owned Restaurants
An undetermined number of Chili’s Grill and Bar restaurants sustained a data breach in March and April, Chili’s parent company Brinker International Inc. reported over the weekend. Dallas-based Brinker divulged few details in a Saturday post on the Chili’s Web site and in a new release the same day. It …
-
14 May
Now That Real-Time Is on the Horizon, Fee-Weary Merchants Look for Card Displacement
Financial institutions have been pushing real-time payments because they are supposed to be not only faster but also more cost-efficient. But now results of a global survey released Monday indicate merchants not only expect faster payments to be less expensive to accept, but also to displace the payment cards banks …
-
14 May
Florida County Government Accepts Bitcoin and other Digital Transactions News briefs
Fraud-mitigation specialist Verifi released its “The Chargeback Triangle” report, completed by Javelin Strategy & Research, that found consumer disputes and chargebacks created $31 billion in financial losses in 2017, with merchants taking on almost $19 billion and issuing banks $12 billion. It also found that for every dollar in a …
-
11 May
CPI Card Group’s Prepaid Card Sales Grow and other Digital Transactions News briefs from 5/11/18
The Western Union Co.’s Speedpay subsidiary announced the latest release of its Next Gen bill-payment platform. Card manufacturer CPI Card Group Inc. reported that first-quarter sales of credit and debit cards for the U.S. market fell 6.5% year-over-year, but U.S. prepaid card sales jumped 63%. The number of data breaches …