The forecast for person-to-person mobile payments is a heady one. Expect double-digit growth through 2021, says research firm eMarketer Inc. As more consumers adopt the growing number of P2P payments services, the value of their P2P mobile transactions will increase to $244.03 billion, up 103% from the $120.38 predicted for …

Visa Inc.’s “Cashless Challenge” campaign to promote electronic payments is not finding much support from the ATM industry, to put it mildly. Last week, Visa announced the campaign, which will award up to $500,000 to 50 eligible U.S. food-service owners who convert their point-of-sale systems to electronic payments only. Visa …

Gulf Pay, the mobile payment app from Gulf Oil L.P., is offering consumers who link their Discover cards to the app a 15-cents per gallon discount through Oct. 15. The promotion, announced Thursday, is valid at participating stations in New England and New York. Gulf Oil announced Gulf Pay in …

What’s the future of electronic payments? For many consumers, it’s one that incorporates biometrics for authentication and payments, finds a survey from Viewpost IP Holdings LLC, a business-to-business payments provider. In the survey of more than 1,000 U.S. consumers, Viewpost found that 50% believe fingerprint technology—already in use with many …

What’s the measure of a well-performing payment gateway? Time. Or, rather a lack of time. Gateways, which route online transactions to one of multiple payment processors, are judged on their speediness and reliability. That’s why The Strawhecker Group, an Omaha, Neb.-based payments consultancy, started its Gateway Enterprise Metrics platform. The …

As Independence Day nears with all its festivities, fireworks stores are preparing for their largest selling season of the year with EMV chip card acceptance. It evoked a sigh of relief from Bill Weimer, vice president and general counsel of Phantom Fireworks, when the company’s point-of-sale system achieved EMV compliance. …

Apple Inc.’s “Lose your wallet” Apple Pay promotion apparently paid off handsomely for Square Inc. The promotion, which ran June 23-25, saw 36 local merchants in two San Francisco neighborhoods offer discounts or free items with a purchase when consumers paid for the purchase with Apple Pay, the brand’s mobile-payment …

Cardless cash access at ATMs is expanding. ATM operator Cardtronics plc, which owns or operates more than 233,000 ATMs globally, is adding FIS Cardless Cash access to its U.S. machines, Fidelity National Information Services Inc. (FIS) announced Thursday. Launched in 2015, FIS Cardless Cash enables consumers to stage cash withdrawals using …

Canadian merchants now have a self-service tool to accept digital cash in stores via the MintChip Retail Payment Platform announced Wednesday by nanoPay Corp. NanoPay purchased MintChip, a digital currency developed by the Royal Canadian Mint, in 2016. “Since acquiring MintChip from the Royal Canadian Mint, we have focused on enhancing …

Visa Inc. is investing in Klarna, a Sweden-based payment processor that offers retail credit options for merchants, the card brand announced Tuesday. The intent, Visa says, is to develop a “future strategic partnership,” which appears to focus on Europe, though Klarna also operates in North America. Visa says the deal …