For all the publicity cryptocurrencies generate, consumers and merchants are still left wondering when the digital money can be used as a medium of exchange rather than simply be seen as an investment asset.  The latest effort to answer that question comes from a 3-year-old, Romania-based company called ZoidPay, which …

A new resort will open in Las Vegas next week, and with it will come cashless wagering, the ability to place bets via a mobile phone. Resorts World Las Vegas says it will be the first casino in the city to offer cashless betting at both slot machines and table …

The first fruits of GoDaddy Inc.’s acquisition six months ago of payments-technology provider Poynt Inc. emerged Tuesday with the announcement of GoDaddy Payments, a service aimed at unifying payments capabilities for GoDaddy’s base of e-commerce clients. To start with, GoDaddy Payments will focus on e-commerce transactions for clients using GoDaddy Websites …

Widespread theft of online data is driving businesses to seek out alternatives to passwords and usernames for sensitive information, a demand that led point-of-sale device provider MagTek Inc. to develop technology that helps lock up data while taking the company into a new and broader market, which includes medical data, …

Bank of America Corp.’s decision to introduce fast payouts to consumer accounts globally brings a major financial institution into a market that is attracting increasing interest from an array of payments providers. Pressure for such services has grown more intense with the growth of the gig economy and recent needs …

With e-commerce sales booming, payments players are looking for combinations that can keep online customers engaged and add even more buyers to their ranks.  An example emerged Thursday morning as Shopify Inc. and Affirm Inc. announced Affirm’s buy now, pay later service is now available to “hundreds of thousands” of U.S. …

Consumer spending has now been recovering for a full year from the impact of Covid-19, according to a report released on Wednesday by Visa Inc. The card network’s U.S. Spending Momentum Index, which it began releasing publicly last month, registered a reading of 123.3 for May. That number indicates 59% …

One way to boost mobile-wallet usage for functions like payments is to more tightly integrate the apps into users’ daily lives. Apple Inc. followed that script with its preview on Monday of an update for watchOS8, the brains behind its Apple Watch.  This fall, the refresh will allow users to …

Pundits have predicted for months that cash acceptance will decline markedly as consumers rush into electronic payments. But sellers view cash as a less-expensive option for them, and some payments providers are looking to cater to that view. On Monday, VizyPay LLC said it is opening its cash-discount app to …

Most payments processors that deal in digital currencies let consumers pay with Bitcoin or other cryptocurrencies and then may translate that money into dollars or other fiat money for the merchant. On Thursday, a company called Paxful Inc. announced a service that appears to do the opposite: it lets users …