Acquiring

Hard to believe, but e-commerce is a quarter-century old. Along the way, e-commerce radically changed retailing and payments, and now it’s heading into a future with more growth certain but where payments are more in the background. Visa Inc. this week reported in a blog post that the first e-commerce …

Accenture released its 2019 Cyber Threatscape Report that examines cybercrime operating models and the effects of ransomware.Point-of-sale equipment maker Star Micronics said Square Inc. now supports its mG-Scale products.In a survey of 100 small businesses, installment-payments provider Klarna found that 40% of online retailers said operational size was the biggest barrier to adopting new payment options.Agreement Express …

Repay Holdings Corp. launched its Instant Funding product in Canada. The service uses Visa Inc.’s Visa Direct service to send funds directly to eligible Visa debit and prepaid cards. Repay said Canadian lenders and finance companies can disburse funds electronically and eliminate traditional checks and electronic funds transfer transactions. Repay also …

As payment companies expand ways for consumers to make digital payments, 62% of North American merchants, bankers, and fintech providers expect more such payments within the next two years, says Forrester Research Inc. in its “Understanding the Evolving Payments Landscape” report released Monday. Commissioned by Visa Inc., the report also found …

From cities to stadiums to quick-service restaurants, more and more places are grappling with the idea of going 100% cashless. According to the Pew Research Center, almost a third of Americans have stopped using cash for their typical weekly spending. Even Monopoly, many children’s first interaction with money and the …

Wells Fargo & Co. said former Mastercard Inc. executive Colleen Taylor is joining the bank as head of Wells Fargo Merchant Services, the bank’s merchant-acquiring joint venture with Fiserv Inc. Fiserv took over the operation as part of its acquisition of First Data Corp., which last year reached an agreement with Wells …

Pursuing integrated payments and software developers that facilitate the payment type appears to be paying off for i3 Verticals Inc. The Nashville, Tenn.-based firm said integrated payments accounted for 51% and 49% of its payment volume in the third quarter and nine-month period, respectively. That’s up from 49% in the …

451 Research projects that contactless mobile payments will control less than 2% of U.S. retail sales in 2019, owing to lack of a “measurably better value proposition” for mobile payments vs. cards, as well as other factors.Chase Bank, a unit of JPMorgan Chase & Co., has canceled all credit card debt for …

ClearSale, an online fraud-prevention provider, said online shopping cart 3dcart will offer ClearSale services to its merchants.Payrailz, a payments provider to banks and credit unions, announced it has launched a credit-union service organization (CUSO) called CU Payz.Payments-technology firm Verrency said it has collaborated with Coinify, a digital-currency payments provider, to allow banks …

Dual-interface credit and debit card sales lifted CPI Card Group Inc.’s second-quarter sales figure, the company reported Wednesday. As the nation’s issuers increase their orders for the near-field communications-equipped chip cards—the cards can be dipped into a point-of-sale terminal or tapped against compatible devices to do a transaction—Littleton, Colo.-based CPI …