Competitive Strategies

PayPal remains by far the most popular digital wallet with U.S. consumers, but Apple Pay has gained the most since 2017’s third quarter, according to recent findings from technology research firm 451 Research. New York City-based 451’s Voice of the Connected Consumer survey asks consumers about their usage of 15 …

Xoom, PayPal Holdings Inc.’s international money-transfer service, said it has a pact with processor TransNetwork Corp. through which it will add 17,000 more cash pick-up locations in Mexico at Oxxo, the country’s largest convenience-store chain. Xoom said it is the first online-only remittance provider to partner with Oxxo. In related …

For all the gyrations Bitcoin and its enthusiasts have experienced over the past 12 months, the digital currency has managed to trace a relatively calm track lately. It remains, however, an acquired taste for users, and while some independent sales organizations have begun efforts in recent weeks to sell it …

Boosted by profits that mostly exceeded analysts’ expectations, payments companies in August once again beat the major stock indexes even though the markets themselves performed well, according to a new report from Barrington Research Associates Inc. Chicago-based Barrington said Wednesday that 27 publicly traded electronic-transaction processors it tracks posted a …

TableSafe Inc., a provider of tabletop point-of-sale devices, has certified its RAIL platform for EMV chip cards with processor First Data Corp. Ingenico Group announced Toshiba Global Commerce Solutions is offering Ingenico’s payments-acceptance technology and services from its Telium Tetra platform to Toshiba’s  existing and prospective customers. Merchants also can use …

July and August are big vacation months in China, and this year Chinese travelers’ use of the Alipay mobile-payment service boomed as users ventured abroad, according to figures released Wednesday.  In related news, China’s Ant Financial Services Group confirmed on Wednesday that Souheil Badran, who had headed up Alipay’s expansion …

MyPINPad Ltd., developer of software-based PIN-pad technology, said Wednesday its technology is now embedded in the latest software release of the Thales payShield 9000 hardware security module. Often called PIN-on-mobile, the software from London-based MyPINPad enables secure PIN-pad transactions on consumer-grade mobile devices. Formerly, such transactions only were possible on …

Merchant acquirer Elavon Inc. has acquired Electronic Transactions Systems Corp., an independent sales organization and business-software provider, Elavon parent company U.S. Bancorp announced Tuesday. Another payment processor, Fidelity National Information Services Inc. (FIS), also reported Tuesday that it sold the assets of its Certegy Check Services unit to a private-equity …

Yardi, a payment service for property managers, introduced a feature in its Yardi Bill Pay service that lets managers make payments using single-use Mastercard virtual card numbers issued by Fifth Third Bank. Allied Wallet released what it said are new open application programming interface tools for its payment gateway, NextGen. …

The first commercial implementation of 3-D Secure 2.0, an online fraud-prevention tool, appears to be here. Processor Adyen N.V. announced Friday the launch of its 3DS 2.0 service, claiming it is the first to be available to merchants. 3-D Secure 2.0 is an EMVCo-maintained standard that aims to curb online …