Mobile Commerce

Apple Inc. on Tuesday announced Target Corp., Taco Bell, and two regional chains are the latest merchants to agree to accept Apple Pay in-store, a development that could bolster the mobile-payments service and further smooth the road for contactless payments in the United States. Separately, Target announced it will also …

The proposed mega-deal that has Fiserv Inc. buying First Data Corp. for $22 billion presents integration issues that could take up to 10 years to iron out, according to a new report. “The integration of two companies of this scale will undoubtedly be a challenge—the short-term shock will take more …

Almost a year after Visa Inc. altered the chargeback-resolution process, merchants are reaping some of the benefit. A survey of 500 Chargeback Gurus merchants found that 78% have fewer chargebacks under the Visa Claims Resolution program. “The first goal was to streamline the dispute process,” Suresh Dakshina, Chargeback Gurus president, …

Square Inc. introduced its Square Card for its merchants, a Mastercard-branded business prepaid card issued by Sutton Bank that makes funds in the seller’s Square account available instantly for purchases. Holders of the no-fee dual-interface card get a 2.75% discount when they make purchases at other Square sellers’ locations. Fit …

With the economy still humming along in 2018’s fourth quarter, a nearly 17% increase in merchant-processing volume by JPMorgan Chase & Co. augurs strong volume growth by Visa Inc. and Mastercard Inc. when the bank card networks report financial results later this month. New York City-based JPMorgan Chase operates the …

TD Ameritrade announced individual investors can instantly fund a brokerage account using Apple Pay through Apple Business Chat. The capability means investors can use a debit card to deposit up to $10,000 per day via Apple Pay, though the limit may vary by bank. The service is much quicker than …

Square Inc. released a software development kit to enable merchants and developers to use Square for their payments processing in apps. Announced Wednesday, the SDK marks a first for Square and creates a single platform for transactions made by Square merchants that also sell in stores. The SDK is available …

The new year is only a week old, but it’s already looking to be a strong one for dashboard payments. On Monday, Visa Inc. and SiriusXM Connected Vehicles Services Inc. said they plan to offer the SiriusXM e-wallet to auto manufacturers that deploy SiriusXM’s connected-vehicle services.  The Visa-SiriusXM announcement followed …

Phillips 66 Co., which has long been a leading player among petroleum companies in digital payments, has taken a step into in-car commerce in a tie-up with Honda Motor Co. Inc. that will allow customers to find the nearest station, claim a pump, and pay for gas from the infotainment …

At first glance, a press released headlined “Mastercard Drops Its Name” might lead one to believe Mastercard will be the anonymous payment network going forward. But no, Mastercard Inc. is simply removing its name from its familiar interlocking circles logo, the company announced Monday. The name-drop marks the second time …