Acquiring

JetPay Corp. reported a 15% year-over-year increase in fourth-quarter 2017 revenues to $19.9 million. The payment and payroll processor posted a net loss of $3.9 million, including $2.87 million in accretion of convertible preferred stock. Shift4 Payments said more of its payments services are available to users of ResortSuite, a …

The U.S. petroleum industry has until October 2020 to comply with the card networks’ deadline to accept EMV chip cards. Will it make it? According to one expert observer, the odds aren’t good. “Some will not be ready,” Terry Mahoney, a partner who follows the industry at Chicago-based W. Capra …

PayPal Holdings Inc.’s Braintree e-commerce processing unit launched Braintree Extend, a service offering that includes support for transaction services, rewards and loyalty, and contextual commerce. Brazil’s central bank this week announced a cap on debit card interchange of 0.80% of the transaction, while averaging no more than 0.50%, according to …

With the EMV conversion mostly behind it, the United States is ripe for another big change at the point of sale—adoption of tap-and-go payments, says Visa Inc. With 96% of its payment volume now chip-based, “the next thing we’re focusing on is contactless,” Stephanie Ericksen, the card network’s vice president …

Best known for serving prepaid card providers, Galileo Processing says it is rapidly expanding into other parts of the electronic-payments industry with new services, including application programming interfaces supporting cryptocurrency transactions. Salt Lake City, Utah-based Galileo declined to disclose actual numbers, but said earlier this week that it posted a …

A strong majority of consumers—60%—would use an intelligent personal assistant or voice-activated speaker to make a purchase or payment, finds the latest iteration of the TSYS U.S. Consumer Payment Study. The response is notable in because it was less than a year ago that another survey found only 19% of …

E-commerce platform provider Shopify Inc. chose Google’s cloud services to help host its online stores, Bloomberg reported. Payments provider Net Element Inc. said Jonathan Fichman, a former Bank of America Merrill Lynch executive who currently is managing director of C-Anax Ventures & Advisory, joined its board of directors.

Buy online, pick up in store is now a mainstream expectation for consumers, finds a survey from Kibo Software Inc., an e-commerce platform provider. In the Kibo “2018 Consumer Trends Report” of 3,000 U.S. consumers, 67% said they made a purchase online and picked it up in a store in …

Visa Inc. is altering its chargeback-resolution program to condense the reason codes into four categories, amend the time to resolve a disputed transaction, and make other changes. According to data on a Chase Paymentech site, the changes are set to go into effect April 15 because the card brand wants to …

Square Inc. is testing a program that gives consumers $1 off purchases at coffee shops when they pay with Square Cash, MarketWatch reported. Payout provider Hyperwallet announced that tilr, a recruiting platform, is using Hyperwallet for payouts to its clients. Candex, a business-services payments provider for purchases of under $100,000, …