Visa Adopts Contactless Transit Incentive and other Digital Transactions News briefs from 8/30/21
Digital Transactions News staff
August 30, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
- Visa Inc. and JPMorgan Chase & Co. said they will donate a dime to New York Cares through the month of September, up to a limit of $250,000, for each tap riders perform with a Chase Visa contactless card on subways or buses operated by New York City’s Metropolitan Transportation Authority.
- VPay, a payments platform for insurers, found in a survey that, while almost all insurers have installed digital payments, half of all business-to-consumer and business-to-business payments are still processed by paper.
- Fobi AI Inc., a provider of real-time data-analytics technology, announced the availability of its Fobi App on the Shopify App store for use by Shopify merchants in analyzing customer data.
- Mercator Advisory Group named Donald Apgar director of its Merchant Services practice. Apgar’s experience includes stints at First Data (now Fiserv), Citibank, and TranFirst (now Global Payments).
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