Visa Adopts Contactless Transit Incentive and other Digital Transactions News briefs from 8/30/21

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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