Payment
Toronto – Canadian consumers and businesses are using the Interac e-Transfer service at record levels with more than 158 million transfers made over the platform in 2016, Interac Association/Acxsys Corporation (Interac) said in a news release.
Toronto – India mobile payments and commerce company Paytm has launched bill payment service for Canadians.
Hermosa Beach, CA – Virtual Piggy is working with Univest Bank & Trust Company on a child-focused payment application and services designed to empower children 17 and under to become direct buyers with regulatory and parental controls built in. Finextra reports. | READ MORE
Alpharetta, GA – Ingenico Group recently reported more than 200 per cent year-over-year growth in shipments of its suite of iSelf Series solutions as a result of new additions to the Ingenico Group Unattended Partner Program.
San Jose, CA – Payments and commerce company Verifone is collaborating with FIS, a financial services and payment technology manufacturer, to allow consumers to pay with loyalty points linked to their credit or debit cards at the point of sale.
Orlando, FL – USA Technologies today launched its Universal Card Link Connector, which lets amusement and arcade operators connect cashless payment options such as credit card, debit card and mobile wallet (such as Apple Pay and Android Pay) to their equipment with the ease of a single cable.
Ottawa – Canada’s finance minister said Wednesday that the government will conduct an assessment of the fees charged to merchants by Visa and MasterCard to ensure that they have met their promise to voluntarily reduce rates. The Toronto Star reports. | READ MORE
Scottsdale, AR – Wireless transaction processor Apriva's payments solution now integrates with ITC Systems campus card products.
Toronto – Canadian financial technology company nanoPay Corporation has launched its MintChip digital cash platform for smartphones and tablets.
Ottawa – A Canadian company has created a mobile app that lets users receive and pay with change using their phones. ChangeJar launched its mobile payment platform for loose change at several cafes and other merchants in Ottawa last month.
Williston, SC – Crane Merchandising Systems is now accepting Android Pay, the new mobile payment system for Android phone users rolled out earlier this week.
Schaumberg, Ill. – Credit and debit card processor Moneris Solutions has completed EMV certification of Verifone’s line of unattended payment devices, allowing merchants to adopt secure unattended payment that readies them for EMV and NFC payment acceptance.
Toronto – Samsung Electronics has confirmed that its new mobile payments platform, Samsung Pay, will be made available  for Canadians to use — eventually. The Financial Post reports. | READ MORE
Williston, S.C. – Consumers at MEDIA vending machines will now have a new way to pay as Crane Merchandising Systems has added near field communication (NFC) capability to its integrated cashless solution for BevMAX and Merchant Media.
Toronto – Nymi, TD Bank Group and MasterCard, have announced completion of what they're calling the first wearable credit card payment that is biometrically authenticated using one's heartbeat.
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