Sunday , May 4, 2025

Mobile Commerce

Meta Pay Widens Its Merchant Reach Through a Deal With Chase Payments

Meta Pay, the mobile wallet from Meta Platforms Inc., has reached an agreement with JP Morgan Chase Payments to make the payment option available to Chase merchants on their e-commerce site or mobile app. The announcement was made earlier in the week on Twitter by Stephane Kasriel. the head of …

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Boost Mobile’s OmniMoney And Other Digital Transactions News briefs from 10/28/22

Wireless carrier Boost Mobile launched OmniMoney, a no-fee checking account featuring a debit card and money transfer via mobile app.Online merchant and payments provider Amazon.com Inc. reported North America net sales of $78.8 billion for the quarter ended Sept. 30, up 20% year-over-year. International sales, however, dipped 5% to $27.7 billion, largely due to …

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Fiserv Reports Its Merchant Acceptance Revenue Was up 11.8% in the Latest Quarter

With thousands of merchants across the globe, processing powerhouse Fiserv Inc. continues to reap the benefits of that reach with an 11.8% increase in its merchant-acceptance revenue in the third quarter. Heavily affecting the segment’s growth was a 19% increase in revenue from Fiserv’s Clover point-of-sale products and services and …

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Mastercard Will Compete for Debit And Build out New Payment Flows, Its Top Brass Says

Mastercard Inc.’s top executives early Thursday underscored a strategy for the company involving a diversity of payment flows and new network opportunities such as open banking and cryptocurrency. At the same time, the company’s leadership made plain the company will compete for debit volume in the wake of a Federal …

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Zip Adds Physical BNPL Card To Its Portfolio

Zip Co. Ltd. expanded its buy now, pay later portfolio Wednesday with the roll out of the Zip Card. Cardholders can use the card, issued by WebBank, a Salt Lake City-based industrial bank, to make purchases in store and online and pay off those purchases in four installments.  During the …

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Events.com Snaps up Brown Paper Tickets And Other Digital Transactions News briefs from 10/26/22

Events.com announced it has agreed to acquire Brown Paper Tickets, a payments processor for ticketing. Terms were not announced.PayPal Holdings Inc. said Amazon.com Inc. has added its Venmo digital wallet as a payment method on Amazon.com and in the Amazon mobile app. Venmo on Amazon will be available to U.S. customers by Nov. 25 …

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Visa’s Top Executives See Little Impact from the Fed’s Ruling on Debit Transaction Choice

It was only a matter of time before the two big international card networks responded to a recent Federal Reserve requirement that issuers make at least two unrelated networks available to merchants for debit card transactions. Late Tuesday, Visa Inc.’s chief financial officer, Vasant Prabhu, said the impact of the …

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PayPal: So Long Passwords, Hello Passkeys

PayPal Holdings Inc.’s next step in payment security is to replace passwords with passkeys, an authentication technology that could eliminate many security and practical issues for consumers and organizations alike. PayPal said it is adding the passkey technology—it uses cryptographic keys to identify devices and was developed by the FIDO …

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Fintechs Now See Open Banking Technology As on the Edge of Mass Relevance

Open banking is getting closer to mass relevance for financial-technology companies. A study released Monday by Discover Global Network and 451 Research found that fully 78% of fintechs said open banking is relevant to their business. One likely factor behind that trend is the positive consumer sentiment that fintechs are …

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Adyen Marks Banking Debut And Other Digital Transactions News briefs from 10/24/22

Payments provider Adyen NV launched two new services—Capital and Account, offering to small businesses cash advances, business bank accounts, and card-issuing capability.Payment platform GoCardless launched Protect+, an anti-fraud service offering payor authentication, fraud monitoring, and chargeback challenges.Payments-technology provider Payoneer said it has collaborated with e-commerce platform WooCommerce to enable Payoneer Checkout via a plug-in for small …

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Digital Transactions