Debit Cards

In a sign that at least some U.S. wireless carriers haven’t given up on their ambitions in mobile payments, T-Mobile US Inc. on Thursday launched its T-Mobile Money service nationwide. But the service, which began as a pilot in November, goes beyond payments offerings to include some traditional banking services …

American Express Co. reported first-quarter U.S. card-billed business of $195.5 billion, up 7% year-over-year. International volume slipped 1% to $100.2 billion, bringing AmEx’s total billed business to $295.7 billion, a 4% increase from $283.8 billion a year earlier. Discount revenue rose 5% to $6.2 billion. AmEx said its average worldwide …

Coffee, doughnut, and breakfast sandwich aficionados can now pay with credit and debit cards and even cash and still earn points in Dunkin’ Brands Group Inc.’s DD Perks loyalty program at more than 1,000 test stores, Dunkin’ announced this week. DD Perks is one of the nation’s largest rewards programs, …

In advance of a key European regulation taking effect late this summer, San Francisco-based payments provider Stripe Inc. has acquired Touchtech Payments, a developer of authentication software. Terms of the deal, announced Wednesday, were not disclosed. Founded in 2014, Dublin-based Touchtech specializes in code that establishes customer identities for financial …

A federal judge has banned payments provider Priority Payout Corp. and its owner Thomas Wells from ever directly or indirectly working in the payment-processing industry following a violation of a 2009 settlement with the Federal Trade Commission. Announced last week, the ban, ordered by U.S. District Court Judge James C. …

Mobile-authentication technology provider Payfone Inc. raised $24 million in a funding round led by credit-reporting agency TransUnion with participation from previous investor Synchrony Financial and two institutional investors. TransUnion said it will integrate Payfone’s Trust Platform and Trust Score with its identity products, and become Payfone’s primary partner for regulated …

The Zelle person-to-person payments service continues to boom for one of its biggest participants, Bank of America Corp., where transaction volume more than doubled in the first quarter. BofA reported Tuesday that its customers sent or received 58.1 million Zelle transactions via email addresses or mobile-phone numbers, up 103% from …

Independent sales organization Payroc LLC launched RewardPay and CashRewards, programs aimed at offering merchants card-network-compliant services for surcharging and cash discounts at the point of sale. A report from Transaction Network Services Inc. shows 26% of survey respondents in the United States, the United Kingdom, and Australia who own a …

Merchant-services platform provider Shopify Inc. on Monday launched its first North American brand campaign, a marketing effort aimed at entrepreneurs that could have the side effect of making Shopify one of those rare payment processors that has a modicum of brand recognition among consumers. The reason for that is that …

Ahead of a major push for EMV chip card payments at fuel pumps, some 62% of U.S. adults are concerned about the security of their financial data when making payments at fuel pumps or convenience stores, according to a March survey of 1,270 adults conducted by YouGov and released Monday …