Mobile Commerce

With a second wave of the Covid-19 pandemic surging and bringing with it the fear of another nationwide lockdown, merchants can expect to see a minimum 20% to 30% increase in holiday e-commerce sales in 2020, compared to 2019, says ACI Worldwide Inc. The Naples, Fla.-based payments provider Thursday said …

As cross-border transfers become a priority with merchants and processors across multiple payment methods, the risk of fraud losses multiplies. That pressure has led Rapyd Financial Networks Ltd. to launch a feature aimed at detecting fraudulent transactions across the company’s network, which operates in more than 100 countries and supports …

Card-present and card-not-present transactions for small businesses in the CardFlight Small Business Report for Nov. 11 held steady from the week prior. Card-present transactions stood at 14.6% of sales, compared to 12.9% the week before. Card-not-present transactions were at 38.4%, compared with 37.2% a week earlier.MerchantE, a provider of technology to merchants …

Point-of-sale installment lender Afterpay Ltd. has agreed to provide its buy now, pay later service to customers of Gap Inc., including its Gap, Old Navy, Banana Republic, and Athleta brands. Afterpay’s buy now, pay later service enables consumers to make four interest-free installment payments. The retailer is paid in full, …

Research from Inmar Intelligence found that 53% of shoppers used a mobile contactless payment option for the first time since the start of the pandemic. Additionally, most—55%—of the 1,000 respondents surveyed said they have been avoiding using cash in general in the same period. A full 28% will avoid retailers not offering …

Walmart Inc. will start next spring allowing customers in Canada to pay with debit in-app and in-browser using wallets like Apple Pay and Google Pay, the Canadian national payments network Interac announced Tuesday. Interac positions the new service as enabling so-called proprietary wallets, which it confirmed includes the apps from …

Nacha announced the first transactions on its Phixius network, which facilitates information exchange between payors and payees using the automated clearing house network. The Phixius network relies on standardized open application programming interfaces. Nacha announced in February its intention to develop Phixius. Visa Inc. joined in August.Authentication services provider Paay and Bluefin Payment Systems, …

The Covid-19 pandemic, which is surging again in many parts of North America, has proven to be a tipping point for digital business payments, says a white paper released Monday from WEX Inc., a provider of payment technology for fleet operators and travel and health-care businesses. Of the 308 senior …

Professional Datasolutions Inc., which acquired private-label debit provider ZipLine in June, said it is working with NCR Corp. on a touch-free mobile payment service for the convenience-store industry.Payment card use among travel companies remained substantially down year-over-year, according to the Tracking Transaction Trends report from PSCU, a credit union service organization, for the …

USA Technologies Inc., which provides technology to the vending industry for payments acceptance, reported 15,000 net new connections in its fiscal 2021 first quarter, bringing the total to 1,335,000. Revenue rose 13% from the previous quarter to $36.9 million, but was down 15% from the year-ago quarter. The company shaved …