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With online orders on the increase, Domino’s Pizza Group Ltd. in the United Kingdom has decided to add PayPal Inc. as a payment method, the global pizza chain announced March 7.
March 10 -
DimpleDough Inc. is partnering with TxVia Inc. to provide TxVia with a prepaid-management service it can offer its customers, DimpleDough announced March 8.
March 10 -
CHS Inc., a diversified energy, grains and food company, plans to use Comdata Corp.’s Smart Solutions point-of-sale systems at its 1,400 convenience stores nationwide that operate under the Cenex brand, the companies announced March 10.
March 10 -
WASHINGTON – U.S. Public Interest Group, the leading consumer lobby in Congress, called on the Fed to maintain course and reduce fees on debit transactions while opening the cards market to greater competition.
March 10 -
Tanla Solutions Ltd. has launched a set of programming tools to allow micropayments within smartphone applications.
March 10 -
VeriFone Systems Inc. is taking off its gloves in the battle for mobile payment acceptance, claiming rival Square Inc.'s device can be adapted to use for fraud.
March 10 -
Regions Financial Corp. has updated its mobile banking capabilities to enable customers to transfer funds among internal accounts, pay bills and receive text alerts about balances and other details.
March 10 -
PHOENIX–Consumer preferences for paying by credit or debit card typically are too deeply entrenched for merchants and banks to succeed easily in steering customers to one or the other option for financial reasons, one banking industry analyst contends.
March 10 -
A federal judge has dismissed a shareholder class-action lawsuit brought against VeriFone Systems Inc. following a restatement of three quarters from its 2007 fiscal year caused by accounting errors, VeriFone announced March 9.
March 9 -
Hoping to appeal to small merchants looking for a means to process payment card transactions through mobile devices, Impact PaySystem LLC has begun offering a card-swipe device from iPhoneSwiper, initially for free, the companies announced March 5.
March 9 -
State Bank of India Ltd. is providing soldiers of the Indian Army with payroll debit cards as part of a special salary package, a spokesperson from the bank tells PaymentsSource.
March 9 -
Five cooperative banks in India have joined India’s national ATM network, enabling their customers to access more than 67,000 ATMs in the country, their technology provider InfrasoftTech Pvt. Ltd announced in February.
March 9 -
Executives at Global Cash Access Holdings Inc. are seeing positive signs ahead, particularly in international markets, but revenue continued to decline in the fourth quarter of 2010.
March 9 -
WASHINGTON – A bipartisan group of Senators is planning to introduce a bill as soon as next week that would delay implementation of the controversial Federal Reserve rule to cap fees on debit transactions for two years while the Fed studies the issue.
March 9 -
ORLANDO, Fla. — As the infrastructure to support digital gifting continues to increase, why does plastic still heavily dominate the industry?
March 9 -
WASHINGTON – Big Box retailers Target, Wal-Mart, SuperValu and Costco are urging the Federal Reserve to proceed with its bid to curb debit fees, insisting they will pass on billions of dollars in reduced charges to consumers.
March 9 -
WASHINGTON – A bipartisan group of Senators is planning to introduce a bill as soon as next week that would delay implementation of the controversial Federal Reserve rule to cap fees on debit transactions for two years while the Fed studies the issue. But the Senate bill, which is expected to be matched by a similar measure being introduced in the House, faces rough sledding because it would need 60 votes to overcome an expected filibuster by Sen. Richard Durbin, the Illinois Democrat who crafted the interchange language. The bill is being drafted by two members of the Senate Banking Committee, Democrat Jon Tester of Montana and Republican Bob Corker of Tennessee, Capitol Hill sources confirmed for the Credit Union Journal this morning. The legislative action comes as the clock is running down on the interchange proposal, required as part of last year’s Wall Street reform bill, giving the Fed until April 21 to enact a final rule, which would take effect by July 21. The stakes are huge as some $20 billion a year in interchange fees accrues to credit unions and banks, with credit union earning an estimated $2.6 billion last year.
March 9 -
Visa Inc. soon will display its advertising through social networking software designed by Skype Inc. and Meebo Inc. for desktop computers and smartphones.
March 9 -
The banking industry’s fraud-protection initiatives are having an effect in the United Kingdom, as fraud losses related to payment cards, checks and online banking decreased last year, according to recent research by the UK Payments Council.
March 9 -
ORLANDO, Fla. — The general consensus among attendees here at the Prepaid Card Expo is that, while the industry continues to experience growth, potential state and federal government regulations are casting a storm cloud over the sector.
March 8