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Freedompay Scores Lincoln Financial Field Deal And Other Digital Transactions News Briefs From 9/13/18

Posted September 13, 2018 by
  • FreedomPay, a payments provider specializing in sports stadiums and hospitality venues, announced a multiyear agreement with Lincoln Financial Field, the home stadium for the Philadelphia Eagles, to process payments at more than 300 points of sale.
  • Revenue from so-called over-the-top content-subscription platforms will rise dramatically in part because of streamlined payment services, according to a report sponsored by subscription-payment specialist Vindicia. OTT revenue in the United States alone is forecast to increase from $16.4 billion last year to $21.2 billion by 2020. OTT refers to media streamed directly to consumers, bypassing traditional telecommunications and TV services.
  • JPMorgan Chase & Co. introduced Sapphire Banking, an account that offers free ATM transactions and refunds ATM fees charged by non-Chase machine owners. Other perks include no fees on outgoing wire transfers and higher ATM limits with a Sapphire Banking debit card. The account requires $75,000 in minimum deposits or investments.
  • Bank of America Merrill Lynch announced its commercial card holders can now load their cards into the Apple Pay, Google Pay, and Samsung Pay mobile wallets to make business purchases.
  • Discover Network introduced a business credit card carrying no annual fee and offering unlimited 1.5% cash-back rewards on all purchases.
  • Seasonally adjusted consumer revolving credit grew at a 1.5% compounded annual rate in July compared with a 1.4% decline in June, the Federal Reserve reported. In May, revolving credit jumped by 9.8%, according to revised Fed data.
  • Citcon, which installs technology to allow U.S. merchants to accept Alipay and WeChat Pay payments from Chinese tourists, announced an agreement to work with GK Software, a vendor of omnichannel software to retailers, to allow GK’s clients to accept Alipay and WeChat Pay transactions.
  • Banyan Hills Technologies, a specialist in software for the Internet of Things, has joined Ingenico Group’s Unattended Partner Program, which will allow merchants to use Banyan’s IoT platform along with payments technology from Ingenico.
  • Payments provider Cardknox announced an integration with Self Point, a point-of-sale system developer for grocery stores.
  • International payments gateway Adyen engaged Looker, a data-platform company, to help manage transaction data.
  • Cellpoint Mobile, a provider of mobile-payment technology to the airline and travel industries, appointed Steve Packwood global head of pre-sales. Packwood comes to the company from Sabre Airline Solutions.

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JOIN OUR NEWSLETTER
FreedomPay will use your details to send you information on our products/services and events via email. By confirming, you are agreeing to our privacy policy. You can unsubscribe at any time.
Stay in the know with FreedomPay and subscribe to our new monthly newsletter: The FreedomPay Forum! Here, you will find the latest and greatest at FreedomPay, newsworthy announcements and the top trending topics in the payments industry today.
To unsubscribe or submit a data request per the General Data Protection Regulation (GDPR), please visit: https://corporate.freedompay.com/gdpr/.

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