Mobile Wallets

Consumers using PayByPhone’s app for paid parking now have another option to extend their parking time. The Volkswagen AG-owned company launched a feature for Apple Watch users to add more parking time directly from the watch without using an iPhone or visiting the meter again. The PayByPhone Apple Watch app shows …

FreedomPay, a payments provider specializing in sports stadiums and hospitality venues, announced a multiyear agreement with Lincoln Financial Field, the home stadium for the Philadelphia Eagles, to process payments at more than 300 points of sale. Revenue from so-called over-the-top content-subscription platforms will rise dramatically in part because of streamlined …

Payments officials have sensed it for some time, and now the numbers confirm it: Fraud attacks via mobile devices worldwide soared 24% in the first half of this year compared to the same period in 2017, totaling 150 million. In the United States alone, the increase was much worse, fully …

Mobile contactless payments are growing at a nearly 31% compounded annual rate and will exceed $1 trillion worldwide by 2022, according to a new forecast from 451 Research. The prediction is contained 451’s Global Unified Commerce Forecast, which estimates that total online commerce accounts for about 10% of purchases currently, …

Rambus Inc. announced its token gateway for e-commerce is one of the first such services to be certified by the Visa Ready program. The gateway streamlines links to the Visa Token Service to tokenize payment credentials for merchants, payment service providers, and merchants. Mobile-payments specialist Glance Technologies Inc. said its …

Unattended payments provider USA Technologies Inc. lost a third of its value Tuesday morning on news it would delay filing its annual report while its board of directors investigates customer contracts and how business was booked. The company had until Sept. 13 to file its annual report with the Securities …

Mobile payments are booming in places like China and India, but in the United States, not so much. Year after year, one reason that keeps popping up in surveys is concerns about security, and on Tuesday a major standards body announced a measure aimed squarely at those fears. The Accredited …

Georgia State University announced that the new Georgia FinTech Academy, a talent-development initiative involving Georgia’s 26 public institutions of higher learning, will have physical locations at Georgia State and in Atlanta’s Buckhead neighborhood. The FinTech Academy is supported by the Atlanta-based American Transaction Processors Coalition. One year after credit-reporting agency Equifax Inc. disclosed its …

Merchant processor Paysafe launched Paysafe Accelerated Funding, which allows merchants to receive settlement of funds on the same day or next day. The service relies on arrangements the company has made with Ingo Money, a push-payments provider, and Company.com, a business-software aggregator. Vending-payments specialist PayRange Inc. launched PayRange Air, a …

PayPal remains by far the most popular digital wallet with U.S. consumers, but Apple Pay has gained the most since 2017’s third quarter, according to recent findings from technology research firm 451 Research. New York City-based 451’s Voice of the Connected Consumer survey asks consumers about their usage of 15 …