Mobile Commerce

Online and mobile-authentication technology provider Jumio Inc. filed for bankruptcy protection and put itself up for sale Monday, but the Palo Alto, Calif.-based firm expects to live on thanks to support from Facebook co-founder Eduardo Saverin. Saverin, an early equity investor who has injected at least $23 million into Jumio …

Payment with a wearable device, such as a smart watch, wristband, or fitness monitor, has the potential to be used by 45% of wearables-owning consumers by 2020, finds the IHS “Wearable Payment Devices Report—2016” issued Wednesday. In four years, the global market for wearables will reach 340 million devices shipped, …

Many consumers will find it easier to make onboard entertainment purchases when flying on Southwest Airlines Inc. now that the airline is accepting Pay with Amazon. Announced Wednesday, the service enables Southwest passengers who have stored payment data in their Amazon.com Inc. accounts to pay with those credentials. To pay for …

Powa Technologies Ltd., the troubled startup behind PowaTag and the PowaPOS line of mobile point-of-sale gear, is being acquired by Thompson Investments, according to a terse announcement released late Friday. No terms were released. Before Thompson stepped in, London-based Powa Technologies had been reported to be close to appointing management consultancy …

U.S. consumers apparently held onto and used their smart phones and tablets even more than one might suspect given the increase in mobile-commerce transactions during the fourth quarter of 2015, reports Criteo, a New York City-based online marketing specialist. In its “State of Mobile Commerce Report,” released Wednesday, Criteo said …

The onset of 2017 will usher in the year of the smart phone in e-commerce, according to a projection released Tuesday by eMarketer Inc. The New York City-based researcher says that next year, for the first time, more than half of all so-called digital buyers—51.2%—will make at least one purchase …

A new data element is getting a lot of discussion in merchant-acquiring and mobile-payments circles. It’s the so-called Payment Account Reference, or PAR, and it’s meant to associate all the payment tokens linked to a single credit or debit card primary account number, or PAN. But implementing PAR could be …

On Wednesday, PayPal Holdings Inc. made it clear it hasn’t given up on expanding its reach with merchants beyond processing e-commerce payments. The company announced a new in-app payments initiative for its popular Venmo peer-to-peer payments app, a move that follows a recent agreement with First Data Corp. that furthers …

For e-commerce merchants, the screen is getting smaller very quickly, according to the latest quarterly report from payments company Adyen. Some 17.5% of all e-commerce transactions on Adyen’s platform in the fourth quarter were made with a smart phone, compared to 16% with a tablet, the Netherlands-based company said late …

Starbucks Corp. keeps adding digital caffeine to its mobile-payments and loyalty offerings built around a prepaid card. The Seattle-based coffee king on Thursday reported that 21% of its U.S. transactions were paid on the Starbucks mobile app in the quarter ended Dec. 27, up from 20% in the previous quarter …