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Payments News

Mobile payments users spend more, more often than consumers using traditional payments

December 4, 2018

Paying for consumer goods with a smartphone affects the overall transaction amount and frequency of purchases, according to new research co-written by a…

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7-Eleven to accept WeChat Pay, Alipay in Toronto, Vancouver

November 28, 2018

7-Eleven Inc. is partnering with cross-border payment firm Citcon to enable the Chinese mobile payment platforms WeChat Pay and Alipay at 35 Canadian locations…

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Amazon Pay seeks foothold in brick-and-mortar marketplace

November 27, 2018

Amazon is making a push to get its Amazon Pay digital wallet into restaurants, gas stations and other merchants that it doesn’t directly compete against…

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Mobile surge to lead record $124B in online holiday shopping

November 2, 2018

Adobe is forecasting a surge in holiday shopping, with online sales rising 14.8 percent to $124 billion in the U.S. this season with a record Cyber Monday in…

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Zelle reports double-digit growth from Q2 to Q3

October 25, 2018

Zelle Network, a provider of person-to-person payment services, tallied approximately 116 million transactions in Q3 2018 for a total of $32 billion in…

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World Payments Report shows strong consumer demand for digital payments

October 16, 2018

Digital payments are experiencing a boom, according to the World Payments Report 2018 launched today by Capgemini and BNP Paribas.

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Gemalto, Vipps team up to secure digital wallets

October 15, 2018

Digital security player Gemalto and Vipps, the Nordic region's largest payment and identification company, are partnering on a secure digital turnkey solution…

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Additional FIs enable P2P payments with Turnkey Service for Zelle from Fiserv

October 12, 2018

Fiserv Inc., a provider of financial services technology solutions, has announced thata new round of financial institutions have signed on to to join the Zelle…

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Diebold Nixdorf presents 'Storevolution'

October 9, 2018

Diebold Nixdorf is presenting software-powered solutions behind its Storevolution strategy this week at the NACS Show in Las Vegas.

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Mobile wallet use growing fast, research finds

October 5, 2018

Apple Pay is far and away the leader for mobile wallet transactions, according to new research from Auriemma Consulting Group. The app accounts for 77 percent…

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Venmo outpacing ATM cash as payment method

September 27, 2018

Rubiix, a social spending platform that distributes ad revenues back to users who provide their data, has released a report showing that Venmo is now beating…

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Paytm said to be testing facial ID for mobile wallet

September 26, 2018

Paytm, a digital wallet and payments provider based in India, is reportedly testing facial recognition capability that will allow consumers to unlock the…

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PayPal closes purchase of iZettle

September 25, 2018

On Thursday, PayPal Holdings Inc. completed its acquisition of mobile payments provider iZettle for approximately $2.2 billion. This transaction is intended to…

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7-Eleven adds Apple Pay, Google Pay to choice of payment options

September 13, 2018

You can now buy your coffee, Slurpee, beef jerky or anything else you'll find on the shelf at a 7-Eleven c-store using Apple Pay and Google Pay.

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Bank of America touts uptake of digital offerings

September 7, 2018

Bank of America has announced that it now has more than 36 million clients using its online and mobile banking offerings. This includes more than 25 million…

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Smartphone payments security to migrate from hardware to software enablement

September 6, 2018

The most significant shift in mobile payment security will be the move from hardware-based methods to software-based methods that rely on standard smartphone…

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Samsung Pay marks 3 years, 1.3B transactions

August 23, 2018

Samsung Electronics celebrated the third anniversary of the launch of Samsung Pay — on Aug. 20, 2015, in South Korea — with the announcement that the mobile…

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Down Under, digital and cash coexist

August 14, 2018

Results from a new study by NCR Corp., Banking in Australia and New Zealand: At a digital crossroads, reinforces the need for organizations to provide…

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Nedbank mobile app provides all-in-one payments through MasterCard, Entersekt partnership

August 3, 2018

MasterCard and Entersekt are collaborating to enable Nedbank customers in South Africa to make QR payments to merchants and billers who accept Masterpass…

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In-store contactless payments to total $2T by 2020

July 31, 2018

Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than expected, according Juniper Research. In 2020, in-store…

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