• In a bid to reach cash-only customers, Amazon.com Inc. launched Amazon Cash, a service that gives users a barcode they can store in their smart phone or print and bring to a participating store to add cash to their Amazon balance. Participating stores include CVS, Speedway, Kum & Go, and …

By Kevin Woodward Both QR codes and NFC have their backers and critics. But as mobile payments advance, which acceptance technology will own the future? Merchants and the payments industry alike are vying to encourage more consumers to use contactless payments as a way to displace cash, know more about …

By Peter Lucas With three more years to comply with EMV, and with the cost of chip card acceptance weighing on their balance sheets, some petroleum marketers are talking about going mobile-only. ExxonMobil, Phillips 66, Gulf Oil, Chevron. The list of oil companies rolling out or testing mobile-payment applications at …

Amazon.com Inc. announced an integration this week with an e-commerce platform called BigCommerce for its Amazon Pay service, but the company also clearly entertains big ambitions for the payment product it organized as a business in 2015. For now, Amazon Pay is on an upward trend. Some 33 million consumers, …

• Merchant acquirer Elavon Inc. has appointed Jamie Walker chief executive officer. A 16-year veteran of U.S. Bancorp, which owns the processor, Walker was most recently chief administrative officer of the bank’s Payment Services division, and before that served as Elavon’s chief financial officer. • A blog post from data-security …

Rattle off a selection of payment trends—EMV, tokenization, fraud—and many e-retailers may be beset by apprehension. That’s especially true if the retailer looks to support emerging payment types, according to Matt Herren, director of payments analytics at Computer Services Inc., a Paducah, Ky.-based financial-technology provider. Herren, speaking at the Merchant …

• Samsung Electronics Co.’s soon-to-be-released Galaxy S8 smart phone will employ facial-recognition technology for mobile payments, including the company’s

Facing a Congressional effort to overturn its recently released prepaid rule, the Consumer Financial Protection Bureau on Wednesday issued a proposal to delay the rule’s effective date by six months. In the 16-page proposal, the agency suggests moving the effective date from Oct. 1 of this year to April 1, …

VeriFone Systems Inc.’s North American revenues plunged 30% in the quarter ending Jan. 31 as small and mid-size businesses slowed purchases of VeriFone EMV chip card point-of-sale terminals. But Wall Street took it in stride, and company executives stressed new growth opportunities when they reviewed the leading U.S.-based terminal maker’s …

Processor First Data Corp. and Fleetcor Technologies Inc. are forming a joint venture to consolidate their gift card businesses, First Data announced Monday. The joint venture, whose name was not released, combines First Data’s gift card business, digital gift-card provider Transaction Wireless Inc., and its Gyft unit, with Fleetcor’s Stored …