AZ-based Electronic Commerce International (ECI) has hopped on the Apple Pay bandwagon. Small and mid-sized merchants can now take advantage of this fast and secure in-store payment method via ECI.
There is little doubt Apple Pay has set the stage for mobile payments as iPhone unit sales hit 74.5 million in the fourth quarter. Apple Pay currently accounts for two out of every three dollars spent in contactless payments over the top three payment networks.
Miami-based Net Element’s Aptito released version 2.3 of its cloud-based mPOS platform. Aptito’s all-in-one restaurant and bar POS and business management software gives restaurants the tools to reduce payroll costs, improve efficiency, and increase customer satisfaction.
Consumers now making Western Union transactions at kiosks in over 7,600 Walgreens and Duane Reade locations nationwide also have the ability to utilize the Apple Pay service.
Rising star payments innovator PA-based USA Technologies (USAT) rolled-out nationwide new acceptance points for Apple Pay. This immediately adds approximately 200,000 Apple Pay acceptance points.
MasterCard, the official card of the Waste Management Phoenix Open, and the PGA TOUR have teamed to offer contactless payments this year.
San Francisco-based Xoom is incorporating Apple’s Touch ID technology into their mobile money transfers application. This gives customers the option to use their fingerprint data to sign in to the Xoom application on the iPhone 5s, 6 and 6 Plus.
Xoom Corporation digital money transfer provider incorporate Apple’s Touch ID technology into their mobile money transfers application. This gives customers the option to use their fingerprint data to sign in to the Xoom application on the iPhone 5s, 6 and 6 Plus. Touch ID is a fingerprint identity sensor that is located in the Home button of select Apple devices. Touch ID takes a high-resolution image of the user’s fingerprint and then analyzes it in order to create its mathematical representation. The data points generated through the analysis are stored locally on the user’s device, and are used for comparison with fingerprint data captured through any subsequent Touch ID usage.
JetPay has added Ingo Money as a new and convenient funding method to its Money Access Card Prepaid Visa. Currently introduced in a limited geographic region in the mid-Atlantic states, MAC will soon be available nationwide.
LoopPay has ankled two new OEM partners that will embed its technology into their products to let consumers turn their smartphones into mobile wallets. LoopPay is also working with chipmakers to embed LoopPay’s technology and security into silicon, making it easier for future OEM partners to incorporate LoopPay into their devices.
Pasadena, CA-based prepaid card specialist Green Dot has appointed Chief Technology Officer and Executive Vice President of Product Development, Kuan Archer, to Chief Operating Officer (COO).
San Jose-based ThreatMetrix says its Network stopped more than 11.4 million attempted fraudulent transactions during the 2014 holiday shopping season. The Network analyzes more than 850 million monthly transactions, and protects more than 210 million active user accounts across 3,000 customers and 15,000 websites.