Near-Field Communication (NFC)

Stripe Inc. said it will use technology from Celonis SE to improve its user onboarding process for e-commerce merchants.Payments provider Adyen NV said it will open technology hubs in Chicago and Madrid as it builds out a global processing platform. The company maintains more than 25 offices around the world.In related news, Adyen reported it processed …

Apple Inc. launched Tap to Pay on iPhone, a service that enables U.S. merchants to accept Apple Pay and other contactless payment services with an iPhone and an iOS app. Long speculated, especially since Apple’s 2020 acquisition of Mobeewave Inc., which developed the ability to accept payments via an NFC link, Tap to Pay …

If the nation’s second-largest bank is any indication, total consumer payments are booming despite the pandemic, while digital alternatives are gaining ground fast, in part because of the pandemic. Bank of America Corp. reported early Monday spending by consumer customers in January rose 17% compared to January last year, resulting …

Full-service restaurants, one of the hardest-hit merchant segments at the outset of the Covid-19 pandemic, showed signs of a rebound in 2021, according to research by TouchBistro Inc., a provider of POS and restaurant-management applications. Findings from TouchBistro’s third annual “State of Full-Service Restaurants Report” reveals that 74% of full-service restaurants …

The vision of turning mobile devices into tap-and-go POS terminals took a big step forward Thursday as MagicCube Inc. announced i-Accept Cloud, an open, cloud-based softPOS acceptance platform. i-Accept Cloud is expected to simplify the creation of new merchant payment acceptance and digital commerce solutions. By connecting the currently siloed …

Top executives at Mastercard Inc. made it plain early Thursday the card network is determined to develop its account-to-account payment capabilities, while maintaining its distance from the dispute between its rival Visa Inc. and the e-commerce juggernaut Amazon.com Inc. over transaction pricing. “That’s fundamentally a question for Visa and Amazon,” …

Add Las Vegas’s T-Mobile Arena to Shift4 Payments Inc.’s growing list of sports and entertainment venues to which the company provides payment processing. T-Mobile Arena is home to the National Hockey League’s Las Vegas Golden Knights franchise and hosts other entertainment events on the Las Vegas strip.  Shift4 will process …

Mobile-payments provider Boku Inc. is selling its Boku Identity Inc. unit to cloud-communication platform Twilio Inc. for $26.1 million upfront and another $6.2 million payable later to cover indemnities.Payments provider Lightspeed Commerce said its NuOrder technology will support orders and payments for women’s fashion platform Intermix, which operates 31 boutiques and an e-commerce site.Text …

Software firm UST said it has worked with Kiosk Information Systems to introduce a touchless checkout platform that offers both voice and gesture-based interaction as well as a variety of payment flows, including QR codes, app wallets, contactless cards, and cash.Point-of-sale terminal maker Ingenico, a unit of Worldline, launched its Self-Modular POS, a …

U.S. Bank said it will launch in the first quarter a real-time payments component to its bill service. It will use the Request for Payment tool that is part of The Clearing House Payments Co. LLC’s Real Time Payments service. The same service launched for U.S. Bank business customers in November.Cloud-software …