Mobile Commerce

The long-awaited common buy button became a reality Tuesday with an announcement from the four major payment card networks that they have enabled the technology for three e-commerce merchants. Half a dozen more are expected to come online for the technology, called Secure Remote Commerce, by the end of the …

Payments typically flow from consumer to merchant, but in the case of merchandise returns, they flow the other way, and it turns out returns are an almost universal experience these days. That’s putting pressure on merchants to streamline the returns process and find ways to deal with consumer sensitivity about …

Issuer and acquirer American Express Co. said its global third-quarter discount rate—what merchants pay to accept the brand’s credit cards—was 2.39%, a slight increase from 2.38% a year ago. The uptick comes more than a year after AmEx said it would shave its worldwide discount rate in an effort to boost …

Twenty-one percent of consumers used a mobile app to pay a bill in 2019’s first quarter, up from 19% in the year-earlier period, according to a survey of more than 3,000 consumers by ACI Worldwide Inc. Meanwhile, 28% used a paper check, down from 32% a year earlier, according to the ACI …

Rabble Wine Co. said it now accepts more than 40 cryptocurrencies on its Web site and in its tasting room via an integration with CoinPayments Inc.Consumer revolving credit contracted by 2.2% in August on a seasonally adjusted annualized basis following July’s 10.5% increase, the Federal Reserve reported. The Fed estimated revolving credit outstandings, …

Unattended-payments provider USA Technologies Inc. announced late Wednesday that it has filed overdue financial reports for its fiscal years 2019 and 2018 ended June 30, as well as several late quarterly reports. The company also restated financial data for some periods dating back to fiscal 2015. The new filings and …

The Federal Bureau of Investigation recently notified cybersecurity companies about attacks that could defeat multifactor authentication systems protecting sensitive online personal and financial data, systems usually considered much stronger than two-factor authentication combinations such as user names and passwords. The FBI last month quietly sent a so-called private-industry notification (PIN)—a …

CardFlight Inc. released its SwipeSimple Terminal for the PAX A80 point-of-sale terminal. The software enables on-screen tip prompts, customizable digital receipts via text or email, and searchable transaction history, among other features.Point-of-sale finance provider Affirm Inc. debuted an app that allows consumers to shop and pay in installments at most stores. Consumers can …

The Samsung Pay mobile wallet introduced a Mastercard-branded virtual prepaid card called Samsung Pay Cash, which is accepted at all locations that accept Mastercard and Samsung Pay transactions. The technology behind the card is provided by Netspend, a unit of Global Payments Inc. The move comes on the heels of Samsung …

Payments executives love to talk about the security of paying with a smart phone, but that message still hasn’t gotten through to consumers, according to new survey findings from The Pew Charitable Trusts. The good news for mobile-payments proponents is that Pew found more than half, 56%, of its respondents …