Consumers’ use of digital channels to pay bills continues to rise even as the Covid-19 pandemic begins to ease, according to a study by ACI Worldwide Inc. In looking at how consumers’ use of digital channels, such as Web sites and mobile apps, has grown during the first half of …

Plenty of reports since the onset of the Covid-19 pandemic have documented how consumers have responded by shifting to e-commerce—some for the first time—but few reports break out the impact on the mobile segment of that number. It turns out the pandemic has spurred considerable shopping by mobile-phone users, as …

The advent of real-time payments, account-to-account transfers, and card-based disbursements is making it easier for consumers to receive claims funds much quick than waiting for a paper check. State Farm Insurance Cos. is one of the latest providers with its release earlier this month of Digital Pay, a service provided …

The Container Store Group Inc. next month will start offering installment payments from buy now, pay later specialist Afterpay Ltd.With the accelerating conversion of cash to electronic payments, the total value of transactions processed by point-of-sale terminals will grow to more than $17.3 trillion globally in 2026, up from $14.8 trillion this year, …

While mobile-wallet ownership holds steady at 45%, younger consumers are embracing the payment technology more readily than they were 10 months ago, according to a research from the big processor FIS Inc. As of February, 65% of young Millennials use a mobile wallet, compared to 59% in April 2020. In …

A survey from the Electronic Transactions Association and The Strawhecker Group found that 43% of small and mid-size businesses view digital payments as more important to their operations now than before the Covid-19 pandemic. The survey of 528 SMBs also found that 34% said they are experiencing an increase in contactless payments.InComm …

Launched in 1989, Digicash introduced the first cryptocurrency. In the 1990s, it was considered leading-edge payments technology. But physical and digital currencies are payment networks. In payment systems, good technology is neither sufficient nor generally the biggest hurdle. No matter how good the technology, without critical mass they’re worth little.  …

Nacha, The Clearing House Payments Co. LLC and the Federal Reserve, which collectively manage the automated clearing house network, said the addition of a third daily processing window for same-day ACH took effect on March 19. The ACH network now settles payments four times each business day.Mobile-wallet technology provider Citcon USA LLC said …

Citcon USA LLC is looking to connect U.S. e-commerce merchants with an array of digital wallets used by consumers in Latin America and Southeast Asia. The San Jose, Calif.-based company said late Thursday a single integration will enable transactions on more than 100 wallets used by consumers from a diverse …

Payments provider Priority Technology Holdings Inc. reported fourth-quarter revenue of $106.1 million, up 8.1% year-over-year. Excluding Priority’s RentPayment business, which the company sold in September, revenue grew 12.3% from $94.5 million.Payments provider Flywire Corp. launched Flywire eStore, a platform that supports e-commerce for Flywire clients and their customers. The move follows Flywire’s decision last …