Consumers continue to show affinity for using mobile wallets for payments with debit-based mobile wallet use growing at 59.6% for the week ending Jan. 31, compared to the week ending Feb. 2, 2020, according to the PSCU Tracking Transaction Trends report. Credit-based mobile wallet use was up 35.7%. The results include the …

Global Payments Inc. will move its acquiring technology to Google Cloud and serve as a worldwide merchant acquirer for Google under a sweeping agreement announced Monday morning. The pact will also allow Global’s merchant clients to access a long list of Google Cloud services, ranging from payments to data and …

Global e-commerce payments provider Payoneer Inc. announced Wednesday morning it will go public via a merger with a blank-check company, confirming reports about a deal that first emerged last month. In the merger, which values Payoneer at $3.3 billion, the 15-year-old, New York City-based firm becomes the eighth payments-related company …

Visa Inc. is leveraging its sponsorship of the National Football League with a new one-day promotion geared to attract small businesses to its Authorize.Net payment gateway on Super Bowl Sunday, Feb. 7. Visa announced Tuesday that it will waive Authorize.Net’s monthly gateway fee for the life of an account, along …

Much attention in the payments industry has focused on how the coronavirus pandemic has boosted contactless technology in stores, but it’s also leading more consumers and now businesses to adopt peer-to-peer payments networks, as well. After initial success with consumers, banks are starting to adapt P2P systems especially for small …

Jared Isaacman, founder and chief executive of Shift4 Payments Inc. and an experienced pilot, will command Inspiration4, the world’s first civilian space flight, scheduled for the fourth quarter and mounted in collaboration with SpaceX. Isaacman is also donating $100 million to St. Jude Children’s Research Hospital, which will have two …

American Express Co. said it is working with its reservation-technology company Resy to encourage cardholders to order out from restaurants. The program includes new dining offers on many AmEx cards.Exactuals LLC, whose PaymentHub platform processes residuals, royalties, and other payments for the entertainment industry, said dollar volume on the platform grew …

Is your bill-pay provider setting you up for success? Use this checklist to decide. According to popular legend, the first online payment was made in 1994, for a Pizza Hut pepperoni and mushroom pizza. Whether that holds true or not, online payment processing has grown by leaps and bounds since …

More than a year has passed since three giant mergers promised to change the payments world. Change has come, but not where many expected to see it. Alone, any of the six companies involved in the round of megamergers in 2019 is huge. Recall that Global Payments Inc. acquired Total …

The attack on TSYS last December was a sobering reminder of the vulnerability of payments companies to this insidious fraud. But there are steps you can take to protect your network. Criminals are businessmen, too, which is why they are always looking for ways to maximize the return on their …