Zelle, the bank-backed person-to-person payments network, says a daily average of 65,000 consumers enrolled in the service in the third quarter, helping to push its volume to more than 60 million P2P payments valued at $17.5 billion. Zelle, which is owned by Early Warning Services LLC, says more than 50 …

Almost as many merchants—65%—seek to increase transaction volumes by reducing identity verification thresholds as do those—74%—that try to reduce fraudulent transactions through more effective verification methods. That quandary surfaced in the “Lost in Transaction Vol. II” report released Thursday by Paysafe Group plc. With a focus on fraud, including consumer …

Mastercard Inc. is doing away with a rule requiring merchants to get signatures for transactions made with its credit and debit cards in the United States and Canada. Announced early Thursday, Mastercard’s rule change goes into effect April 13, 2018, allowing issuers, merchants, and processors time to make adjustments, though …

Issuers, merchants, and processors all share the same dilemma when attempting to authenticate an online identity. They are bedeviled by personally identifiable information easily accessible to criminals that they can use to spoof authentic consumers. In response, Visa Inc. on Thursday announced the Visa ID Intelligence service, which it says …

Consumers using the Phillips 66, Conoco, or 76-branded smart-phone apps soon will be able to pay for fuel using their checking accounts thanks to an integration with Buy It Mobility Networks, a New York City-based payment and customer relationship management platform. Announced Tuesday, the service will be available soon, says …

As tourists from China visit the United States—they are now the fifth largest group of travelers to this country—they want to use familiar payment methods. Now, Alipay, the digital wallet from China’s Alibaba Group Holding Ltd., will be accepted in New York City and Las Vegas taxis using VeriFone Systems …

Global Payments Inc. is making the transaction data its merchants generate easier for them to access and use. The Atlanta-based processor launched Heartland Analytics Monday. The service, available to U.S. merchants, is designed for small and mid-size businesses in the restaurant and hospitality industries. The service enables them to view …

Point-of-sale terminal maker Ingenico Group said its Telium Tetra POS terminal is now available in Canada through TD Merchant Solutions, the first Canadian acquirer to offer the device. Separately, processor Elavon, a unit of U.S. Bancorp, made the Poynt Co. POS terminal available in Canada. Ingenico said its touchscreen, countertop …

In the unending quest for a deal, price isn’t the only consideration for consumers, but it’s an important one, finds research from Hawk Incentives, a business owned by prepaid specialist Blackhawk Network Holdings Inc. In the “The Recession May Be Over, But Deal Seeking Isn’t” report based on a survey …

Though digital-wallet adoption among consumers may have paused this year, merchants continue to prep for the electronic payment, according to “The Next Phase of Digital Wallet Adoption,” a report commissioned by JPMorgan Chase & Co. Conducted by Forrester Consulting, a unit of Forrester Research Inc., the report found the fraction …