E-Commerce

Co-Op Financial Services said it is adding cardless ATM transactions to its roster of services for credit unions. Dubbed Cardless Cash Access, the service is available on Diebold Nixdorf and NCR ATMs within the Co-Op ATM Network that are managed using the Co-Op Terminal Driving program. Hyperwallet, whose technology enables …

Cross-border payment specialist PPRO Group raised $50 million in a funding round led by PayPal Holdings Inc., Citi Ventures, and HPE Growth Capital, the London-based company announced Monday. The funds will be used to expand internationally, including the United States, where it opened an Atlanta office earlier this year. PPRO …

Payment processor Worldpay Inc. said it will bring Mastercard Inc.’s Pay by Bank mobile and online payment application to its United Kingdom merchants in early 2019, and also will use other Mastercard digital services. Launched in 2016 by London-based payment-technology developer Vocalink, which Mastercard acquired in May 2017, Pay by …

Online travel agency CheapAir.com says it has found a workaround that will let it continue to accept cryptocurrency, and Payroc LLC has become the latest payments provider to offer crypto to merchant clients. Calabasas, Calif.-based CheapAir notified customers on Friday that it has found a new provider for Bitcoin acceptance …

Facebook Inc. enabled payments via so-called chatbots back in 2016, and now the massive social network is acting to standardize and streamline consumers’ use of the digital gadgets on sellers’ pages. The United States Patent And Trademark Office published on June 28 an application from Facebook for a method for …

Does it pay to bet on payments? If the bet is on Adyen N.V., it pays handsomely so far. The Dutch processor and payments gateway is showing no signs of slowing down since its initial public offering nearly four weeks ago. The stock, which trades on the Euronext Amsterdam exchange, …

Two previously announced features—support for person-to-person payments and a new tab for storing mobile tickets—went live Tuesday in Google Pay, Alphabet Inc.’s online and mobile-payments app. The first is a peer-to-peer payment capability, formerly known as Google Wallet, that allows users to pay or request funds from other persons. This …

Macy’s Inc. disclosed that criminals were able to breach sensitive data on Macys.com, the Detroit Free Press reported. Citing a letter sent to customers, the newspaper said Macy’s detected suspicious activity on June 11. The retailer then blocked customer profiles that appeared to be breached. Hackers were able to get …

Now that the PCI Security Standards Council’s July 1 deadline has passed for implementing newer versions of Transport Layer Security technology to protect payment data, some experts believe nearly a third of small brick-and-mortar and e-commerce merchants don’t meet the new requirements. As a result, expect merchant acquirers, processors, and …

The new era of data breaches and privacy failures has had far-reaching effects. Personal information is packaged, sold, and distributed on the dark Web, leaving consumers feeling uneasy. Americans want to be protected, but also want convenience, and are holding businesses to high standards, even higher than what they hold …