It’s where dining out, consumer affinity for self-service, and a desire to know more about consumers converge. Consumers are expected to spend $736.3 billion—yes, billion—on dining out in 2017. That’s a lot of credit and debit card payments. It’s enough to make the tabletop point-of-sale market a fiercely competitive one, …

EMV is getting faster at checkout, at least for customers. Now, as smaller businesses look to adopt chip card acceptance, swifter transactions may have larger implications. Shoppers who try an EMV card at the checkout counter and are turned off by the tortoise-like pace of the transaction are the bane …

Google plans soon to give merchants access to the vast trove of credit card credentials it has in its databases to speed customer checkout for mobile and online payments. The search-engine giant, however, is not putting itself in competition with payment card networks, a Google executive said this week. The …

In its latest flirtation with plastic credit cards, online payments leader PayPal Holdings Inc. unveiled its PayPal Cashback Mastercard, a no-annual-fee card issued by Synchrony Bank that gives PayPal account holders 2% cash back on online and in-store purchases wherever Mastercard is accepted. Rewards, on which there are no limits or expiration …

Fitbit introduced its first smart watch, the Ionic, which features contactless-payment capability. Over the coming months users can add tokenized American Express Co. cards as well as Visa Inc. and Mastercard Inc. credit and debit cards from certain banks around the world, including Bank of America, Capital One, HSBC, and U.S. Bank in the United States, …

The pending sale by American Express Co. of its Serve technology platform to prepaid card program manager InComm moves AmEx more toward the model used by most other general-purpose prepaid card issuers and still keeps the upscale AmEx brand involved in a business mostly oriented toward moderate- and lower-income consumers, …

Can the new version of 3D Secure fix the faults of the old one and stem the steady rise of e-commerce fraud? The answer is a big maybe—and here’s why. It has been nearly two decades since the card-network brands introduced 3-Domain Secure 1.0 in an attempt to offer a …

It’s what some may consider a bold forecast for contactless payments in the United States, but Juniper Research is predicting that, by 2022, 34% of electronic payments will be contactless, up from less than 2% in 2017. United Kingdom-based Juniper released its forecast Monday in a report called “POS and …

It’s been a year since the so-called faster EMV burst on the scene at some grocery stores on the West Coast, and so far officials at the chain that owns the two store brands involved in that launch couldn’t be more pleased with how the technology has smoothed out EMV’s …

The international financial-messaging service SWIFT is set to offer a gateway for U.S. financial institutions to link to a real-time payments facility offered by The Clearing House, a payments company owned by major U.S. banks. Team One Credit Union, a Michigan financial institution, has added Bukoski Agency, a fuel retailer, to its …