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Today In Payments: Apple Seeks Punitive Damages Against Epic; Boston Telemedicine Company Amwell Prices IPO

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Boston Telemedicine Company Amwell Prices IPO. Amwell, the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. But simply enabling consumers to shop online doesn't cut it when they want to pick up and inspect products at physical stores.

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Deep Dive: Why Contactless Card-Not-Present Transactions Are Gaining New Momentum

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Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . Safety Concerns Encourage Contactless Card Use . percent of cards in circulation at that time were capable of making such payments.

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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

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As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept.

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The Rise Of Card-on-File Commerce

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Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

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Merchants Gone Wild: The Surcharge Edition

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Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The ability for merchants to surcharge in the U.S. is nothing new.

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Visa: US Contactless Payments Primed For A Big 2020

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11), that public pilot officially came to an end, as Penn Station was added to the New York list of MTA stations that enables open payments using network-branded contactless cards. Penn Station is going online, and [the MTA] will enable another 50 stations this month. So, when is it coming to Boston?” Yesterday (Dec.

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Why Tivoli Audio Is Trying To Make Brick-And-Mortar Retail Waves

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The store pays homage to Tivoli’s Boston roots and exposes the brand to existing customers along with (hopefully) new shoppers. But when consumers are ready to make a purchase, the company accepts credit cards as well as cash. As a regular online customer, DePasquale pointed out that what one sees isn’t always one gets.

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