Plastic gift cards remain king, but consumer awareness of mobile and electronic gift cards is increasing. That’s one result from the Retail Gift Card Association’s survey about gift card use. The survey canvassed more than 1,000 consumers. In the survey, fully 49.7% said they understand how to redeem a mobile …

By Kevin Woodward With no shortage of mobile-payments options available to users, backers of Android Pay and Samsung Pay are trying to entice consumers by making their services more broadly available and by offering rebates. Institutions using The Members Group, a credit-union service organization, soon will be able to enroll …

Square Inc.’s official filing to go public means it will soon exit an exclusive club that’s becoming less exclusive by the month: the so-called unicorns, or privately held companies that are worth $1 billion or more. There are 143 such companies now, up from 123 in early August. Indeed, more …

After languishing in the $200s most of the year, the price of the Bitcoin digital currency rallied this week, briefly flirting with the $500 level on some exchanges before settling in the high $300s by Friday morning. At the same time, Bitcoin usage, though still relatively rare, is steadily rising. …

Visa Inc. may be in the business of credit and debit cards, mobile wallets, tokenization, EMV chips and virtually anything involving electronic payments, but its latest financials tell the real story—it’s all about cash. On a day dominated by news of its pending $23 billion takeover of Visa Europe, Visa …

Late September saw the introduction of two more major third-party mobile wallets. One is called Android Pay and comes from Google Inc. The other is called Samsung Pay and comes from, well, Samsung, which just happens to make some pretty popular smart phones that run on Android. Meanwhile, a consortium …

The rise of tokenization into a major payments business helps enable mobile services like Apple Pay and Android Pay. But it could also pose a threat to the financial institutions that have historically issued the majority of the cards consumers use most often. That threat lies in the fact that, …

  Developing a self-pay app is fairly straightforward. The tough part might be waiting for merchants and consumers to catch up. It doesn’t take much to imagine miniaturizing the large cash wraps found in home-improvement and grocery stores that consumers use to scan and pay for their own merchandise. The …

With two key announcements this week, The Clearing House Payments Co. LLC has brought the finish line much closer in its run to build a U.S. real-time payments system. While the New York City-based company has not set a date for completion, senior executives told Digital Transactions News Tuesday TCH …

JPMorgan Chase & Co. on Monday unveiled its Chase Pay mobile wallet and said the product will begin rolling out in the middle of next year. Chase also said its new wallet will be accepted at merchants belonging to the Merchant Customer Exchange LLC, a retailer-controlled consortium that has been …