Near-Field Communication (NFC)

With chip cards and contactless mobile transactions gradually working their way into more merchant checkouts, Square Inc. is pairing a couple of tried-and-true offers to push an 18-month-old card reader that handles both EMV and Apple Pay. In the latest wave of a promotional campaign that was announced in January, Square earlier …

The number of consumers using at least one of the major third-party mobile-payment services—Apple Pay, Android Pay, or Samsung Pay—will top 150 million globally by the of 2017, says Juniper Research, a U.K.-based firm, in its “Is OEM-Pay the Future of Contactless” report. Some 50 million of them will begin …

Ever since Apple Inc. raised the profile of mobile wallets with its launch of Apple Pay in 2014, observers have questioned how widely consumers would take up the newfangled payment gadgets. The latest study shows that while adoption is widespread, it has stalled in recent months. The good news for …

Unattended tire-inflation and vacuum services for cars long have accepted credit and debit cards as well as cash. Now, one provider, Irving, Texas-based AIR-serv, is taking that a step further by making contactless payments the sole option at more than 6,500 locations throughout Canada. Payments provider MONEXGroup says it is …

Shopify Inc. is often thought of as a platform for smaller e-commerce merchants, but it offers processing services for some 65,000 physical-world sellers, as well, and on Thursday it unveiled a new EMV card reader that features a Bluetooth low-energy link to mobile devices and what the company says is …

Mobile-wallet enthusiasts may have to look overseas for encouragement. A report released Tuesday indicates sizzling growth worldwide for the three major mobile-payments services—Android Pay, Apple Pay, and Samsung Pay—but researchers who follow the U.S. market say the trio are making little if any headway with consumers. The report from Juniper …

In the United States, contactless payments are virtually synonymous with mobile payments. In other countries, contactless payments usually mean tap-and-go transactions with a plastic debit or credit card. In the United Kingdom, for example, spending on contactless cards reached a record £3.4 billion ($4.2 billion at current exchange rates) in …

As mobile-wallet backers wrestle with the right mix of features and functions—loyalty, offers, and payments—to incentivize consumers and merchants to use their products, they should get accustomed to waiting. That was the word Thursday in Orlando, Fla., from speakers at the 2017 Payments Summit, sponsored by the Secure Technology Alliance. …

Contactless payments may seem like the next evolution of the U.S. payments industry, but the challenges confronting that technology may be greater than those of the ongoing chip migration, industry observers suggested on Tuesday at an industry trade show. “At the moment, contactless is much more complex, more expensive,” Allen …

The subscription model is coming to payments for transit fares. Delerrok Inc., a transit fare-system provider, launched TouchPass this week, a fare-collection service that transit operators pay for via a subscription. TouchPass, a product of transit veterans Bob Hamilton, Gary Yamamura, and Susumu Kusakabe, who is a patent holder for …