Acquiring

The number of Apple Pay users has surpassed that of the Starbucks mobile-payments service, says eMarketer Inc., marking the first time a general-purpose mobile app has become more popular than the coffee retailer’s. New York City-based eMarketer counted 30.3 million U.S. Apple Pay users, while Starbucks had 25.2 million users. …

Discover Financial Services reported its Payment Services unit, which includes activity on the Pulse electronic funds transfer network, on Diners Club cards, and with network partners, recorded $62.6 billion in volume in the third quarter, up 7% year-over-year. Volume on Pulse alone increased 5% to $47.5 billion. With Discover network proprietary …

The bank card networks lengthened their 2019 streak of merger-and-acquisition activity on Tuesday with Mastercard Inc. announcing it has a deal to acquire marketing software developer SessionM and Visa Inc. reporting it completed its acquisition of Rambus Inc.’s token services and ticketing businesses. Mastercard said the addition of SessionM will enhance …

The long-awaited common buy button became a reality Tuesday with an announcement from the four major payment card networks that they have enabled the technology for three e-commerce merchants. Half a dozen more are expected to come online for the technology, called Secure Remote Commerce, by the end of the …

Fiserv Inc. said its Clover point-of-sale system is in use throughout Fiserv Forum, a Milwaukee arena that is home to the Milwaukee Bucks NBA team. Fiserv said more than 25 large stadiums and arenas use Clover. In 2018, Clover processed more than $70 billion in payment volume.Evolve Bank & Trust said it …

Discover Network announced a holiday promotion running through December that offers discounts and other promotions to cardholders who shop at Amazon.com and at some Amazon physical stores.Payments provider AvidXchange launched its AvidPay and AvidInvoice services for the long-term health-care and social-service industries. The services automate accounts-payable and payments processes.Data-security specialist KnowBe4 released its list of …

Issuer and acquirer American Express Co. said its global third-quarter discount rate—what merchants pay to accept the brand’s credit cards—was 2.39%, a slight increase from 2.38% a year ago. The uptick comes more than a year after AmEx said it would shave its worldwide discount rate in an effort to boost …

With a proxy fight looming, vending-machine payments provider USA Technologies Inc. announced late Thursday that chief executive Stephen P. Herbert has resigned. Herbert, a former Pepsi-Cola executive, spent 23 years with Malvern, Pa.-based USAT, including eight as CEO. USAT’s board of directors named one of its members, Donald W. Layden …

Galileo Financial Technologies, a 19-year-old developer of application programming interfaces for payments, announced a $77 million institutional funding round led by venture-capital firm Accel.Flowhub Holdings Inc., provider of a management platform for cannabis retailers, announced a Series A funding round whose participants included Iqram Magdon-Ismail, the co-founder and former CEO …

Twenty-one percent of consumers used a mobile app to pay a bill in 2019’s first quarter, up from 19% in the year-earlier period, according to a survey of more than 3,000 consumers by ACI Worldwide Inc. Meanwhile, 28% used a paper check, down from 32% a year earlier, according to the ACI …