Breaking Industry News – Thursday, May 23, 2019M ass transit customers in New York City will soon have a new way to pay for riding the subway and bus systems: contactless credit and debit cards issued by banking giant Chase. Beginning May 31, 2019, riders will be able to tap their cards to pay to enter several subway stations and all buses serving Staten Island instead of purchasing and using fare cards. Over time, all New York City subway lines and bus routes will accept contactless card payments, Chase and Visa stated.
Chase Merchant Services is also working with the New York Metropolitan Transit Authority on an upgrade to the fare machine system (dubbed OMNY) to support contactless card acceptance, the two companies reported. Visa said the New York MTA will be the first U.S. transit agency to implement contactless payments using its global transit framework.
Online Edition – Issue 19:05:01By Dale S. Laszig
I n a world where anyone anywhere can transact on any device, digital assistants help deliver targeted messages to broadly distributed audiences. While it may seem incongruous to use machines to personalize relationships, chat bots and digital assistants are becoming adept at representing the people and companies they serve. It's not always easy to differentiate between machines and humans on the phone, email or online chat.
It’s Showtime!
Take your merchant sales career for a ride you won't soon forget!
Financial Services & Payment Technologies
America's ATM industry conference & expo, dedicated to the independent/retail ATM marketplace.
June 4, 2019
Marketplace Lending & Specialty Finance East 2019
June 20, 2019
TRANSACT Tech ATL
July 10, 2019
Financial Innovation & Payments Summit
July 10, 2019
Cyber Security Summit 2019
July 15, 2019
Digital Insurance Summit 2019 Summer Seminar
Merchant Sales Podcast #42Merchants lose billions of dollars a year to unnecessary charge backs. In this week's episode, Gary Cardone describes how Chargebacks9-1-1 leverages data and analytics to drive down charge backs, and by extension card declines. Plus, Patti discusses how the Internet of Things could change payments, and James explains the pros and cons of subscription rate pricing.
Video coming soon.
Check back for updates.
PaymentCloud Inc. Company profile from GS190501
P aymentCloud Inc. specializes in assisting merchants who are often labeled as high risk by bank underwriters because they accept card-not-present (CNP) transactions. Most ISOs work with conventional banks that focus their underwriting on card-present retail transactions. Any business that doesn't conform to the conventional card-present acceptance model can be considered high risk.
Bluefin expands European encryption patent to additional countries
NBP welcomes HRStarters.com as new vendor
Tacit Corp. launches Uber Eats POS integration for Burger Priest Restaurants
California Dept. of Tax and Fee Administration reports Q1 2019 cannabis tax revenues
Payments leaders, innovators recognized at Blackhawk’s 13th annual Hawk Awards
DiscoverOrg an Inc. Magazine Best Workplace 2019
SHRG applies for uplisting to NASDAQ Capital Market
Biometric payments – forget sensor size, focus on performance
