Mobile Commerce

Citcon USA LLC is looking to connect U.S. e-commerce merchants with an array of digital wallets used by consumers in Latin America and Southeast Asia. The San Jose, Calif.-based company said late Thursday a single integration will enable transactions on more than 100 wallets used by consumers from a diverse …

With global economies expected to re-open as more consumers receive Covid-19 vaccinations, in-store retail spending will hit $22.8 trillion worldwide in 2022. That’s after in-store sales fell 7% in 2020 as many consumers shifted purchases online. The projection comes from London-based Kaleido Intelligence Ltd.  While the Covid-19 pandemic impacted in-store …

Contactless payments at small businesses served by point-of-sale technology provider CardFlight Inc. soared 296% in the past year, according to the payments provider’s latest Small Business Report. The report, initiated a year ago at the start of the Covid-19 pandemic, also found that overall sales at small businesses increased 56% …

Buy now, pay later continues to be a hot option as retailers look for ways to entice shoppers to buy more and increase online conversions and in-store traffic.  Afterpay Ltd. announced Wednesday that its fifth bi-annual Afterpay Day promotion will include brick-and-mortar retailers for the first time. The event is scheduled …

Payments provider Priority Technology Holdings Inc. reported fourth-quarter revenue of $106.1 million, up 8.1% year-over-year. Excluding Priority’s RentPayment business, which the company sold in September, revenue grew 12.3% from $94.5 million.Payments provider Flywire Corp. launched Flywire eStore, a platform that supports e-commerce for Flywire clients and their customers. The move follows Flywire’s decision last …

Three years’ worth of movement away from cash in the United States has taken place in just 12 months as a result of the Covid-19 pandemic, according to estimates in a report released Tuesday by Square Inc. “It’s not to say we’re ditching cash entirely any time soon, but the …

Debit is the most preferred payment option among consumers and contactless payments have doubled in the year since the declaration of the Covid-19 pandemic. That’s the assessment from the “Tracking Transaction Trends” report for the week ending March 7 from PSCU, a credit union service organization. Debit card spend for …

Parking-app provider ParkMobile LLC announced an agreement with the city government in Memphis, Tenn., and with parking-lot manager Premium Parking to offer mobile payments for parking on several city blocks in commercial districts, expanding ParkMobile’s presence in the city. Earlier this month, European parking-technology firm EasyPark Group announced its plan to acquire …

With the first anniversary of the coronavirus crisis having been reached in the United States, payments processors are reporting strong results as consumers shift to e-commerce, many for the first time. The latest is Nuvei Corp., which on Wednesday reported fourth-quarter results that reflected what the 18-year-old processor called “the …

Visa Inc. said U.S. debit volume increased 31% in January and 16% in February over the comparable 2020 months, while its credit volume dipped 6% and 8%, respectively. In an 8-K filing, Visa, which did not release actual volume data, said for the quarter to date overall U.S. payments volume …