Mobile Commerce

With a variety of checkout strategies confronting merchants, NCR Voyix, which styles itself the “world’s largest self-checkout vendor,” has launched new self-checkout technology that relies on a software-as-a-service foundation that enables stores to offer barcode scanning, contactless payments, and other features. The company’s announcement came on the opening day of …

Banking giant Bank of America Corp. reported combined credit and debit card volume of $228.9 billion for the fourth quarter, up 3% year-over-year. The number of BofA users of the Zelle peer-to-peer payments network grew 18% to 21.5 million, while Zelle volume climbed 25% to $101 billion. Late in 2021, the …

Despite its formidable reach, the social-media platform X faces a steep climb to achieve its goal of launching a peer-to-peer payments service, according to payments experts. X, formerly known as Twitter, announced in a blog post earlier this week its plans to add P2P payments to its platform this year …

On Nov. 20, 2023, Mastercard Inc. announced that its Chinese joint venture with Netsunion to process domestic payments had been approved by the People’s Bank of China and the National Administration of Financial Regulation. Was it a victory for, or a mockery of, free trade? If this landmark approval were …

Sift, a provider of technology to prevent online fraud, said it has been engaged by Underdog, an online sports-fantasy platform, to prevent the use of stolen payment credentials. Darwinium, a fraud-prevention provider, said it will work with email-address technology from AtData to enable clients to identify fraudulent emails. Digital authentication …

Affirm Holdings Inc. has extended its reach into the vacation-property rental market through a partnership with Evolve Vacation Rental. Consumers renting vacation properties through Evolve can use Affirm as a payment option for bookings exceeding $500. Consumers pay in monthly installments and as little as 0% interest. Evolve says it …

BitPay Inc. said Tuesday it will start adding dozens of cryptocurrencies to its platform this week in a move that includes a revamp of the company’s payments service. The Atlanta-based company, which has been processing crypto-based payments for more than 10 years, said it will start supporting more than 100 …

X, the social network formerly known as Twitter, announced in a Tuesday blog post it will launch peer-to-peer payments this year, “unlocking more user utility and new opportunities for commerce, and showcasing the power of living more of your life in one place.” Payments provider VizyPay announced it processed $1.8 billion in …

The Electronic Payments Coalition has come out swinging in the new year as it intensifies its fight against the Credit Card Competition Act. The EPC, which lobbies on behalf of financial institutions and payments networks, late Monday announced it is launching an ad campaign aimed at federal lawmakers. The campaign …

Cantaloupe Inc., which specializes in payments technology for vending machines and self-service marketplaces, holds a commanding 15.5% share of the world’s 5.8 million vending machines connected to payments technology, according to a report from research firm Research and Markets. In total, Malvern, Pa.-based Cantaloupe links to more than 900,000 vending …