Near-Field Communication (NFC)

PayPal Holdings Inc. said Tap to Pay on iPhone is available for all Venmo business profile and PayPal Zettle users in the United States. Tap to Pay on iPhone enables merchants to accept contactless payments using an iPhone with no extra hardware, only a payments app. The service had been in …

With 29 days until Major League Baseball’s opening day on March 28, the New York Yankees have selected Shift4 Payments Inc. as the team’s concessions and retail sales point-of-sale system provider. Announced Wednesday, the deal will see Shift4 payment technology deployed at Yankee Stadium and at the George M. Steinbrenner …

Payments-technology provider Par Technology Corp. posted fourth-quarter 2023 revenue of $107.7 million, a 10.2% increase from $97.2 million in the corresponding 2022 quarter. It had a quarterly loss of $18.6 million, up from a loss of $13.5 million the year prior. For all of 2023, Par had $415.8 million in revenue, a …

Alphabet Inc.’s decision to discontinue Google Pay in the U.S. market, including its peer-to-peer payments capability, effective in June is not entirely an unexpected move, experts say, as the app has a more popular sibling in Google Wallet. And, they note, it lacks the market share of competing digital wallets. …

Alphabet Inc. will discontinue Google Pay, including its peer-to-peer payments capability, in the U.S. market on June 4, though it will maintain a Google Pay website.  In the place of Google Pay, which launched amid much fanfare in 2011, Alphabet is promoting Google Wallet, which appeared in 2022 with wider functionality than payments, …

Just as Visa Inc. is expanding its Commercial Pay service to the Latin American and Caribbean region, it is making virtual card issuance for its commercial card clients a reality. Visa says Commercial Pay clients, which have access to a host of B2B payment services, now can add virtual corporate …

J.P. Morgan Payments sees the future of electronic commerce as one pipeline accessed by consumers across channels. Its role in that scenario is outlined by the debut earlier this year of what it calls a full-stack omnichannel service, one that offers in-store, online, and mobile checkout capabilities. “We realized merchants …

AffiniPay, a specialist in payments for professional offices, launched a refreshed version of its In-Person-Payments service featuring new payments devices that include tap-to-pay functionality. Fiserv Inc.’s Small Business Index for January remained unchanged from December at 138. Year-over-year sales grew 1.7%, down from December’s 2.6% rate. The Index, introduced in January, measures …

Point-of-sale specialist CardFlight Inc. extended the ability to create invoices to its SwipeSimple app, a feature that was previously only available via the Web version. Meanwhile, Fiserv Inc. says the Prudential Center, where the National Hockey League New Jersey Devils play, will adopt Clover Sport point-of-sale hardware and software. New …

KioSoft Technologies has agreed to license technology from PayRange Inc. in a deal that could exceed $62 million in value over a 10-year period. The agreement stems from a settlement of a four-year dispute in which PayRange, a provider of payments technology for the laundry and vending industries, alleged KioSoft infringed its …