With the world rushing to their phones, tablets, and PCs to buy what they need and want at a time when most physical stores are closed, the payment networks are maneuvering to smooth out online transactions. This includes chucking clunky checkouts and opening the way for transactions to go ahead …

The guide has a slightly different name now, but the same purpose—to seek out and describe the nonbank players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Since 2004, Digital Transactions has traced the course of payments innovation through its nimblest practitioners—the …

The Internet of Things has always had a gee-whiz factor, but unshowy sectors such as utilities, insurance, and purchases for business and household essentials are leading its payments growth. The Internet of Things seemed to be big even before Silicon Valley techies and their marketing-side allies started using the term …

Merchant acquirer EVO Payments Inc. disclosed Sunday that it had received a $150 million investment from a private-equity firm to help carry it through the Covid-19, or coronavirus, pandemic, which has decimated consumer spending. The investment came from funds affiliated with Chicago-based Madison Dearborn Partners LLC, which has been a …

With 78% of e-commerce transactions in 2019 coming from mobile devices, retailers have good reason to invest in their mobile-shopping experiences. Doing so, however, is not without risk, says credit-reporting agency TransUnion in its Global E-Commerce in 2020 report released Tuesday. The report is based on approximately 10 billion transactions …

Cash is fighting an uphill battle to remain a payment option during the novel coronavirus pandemic. Over the past week, a number of toll-highway and bridge authorities have ceased accepting cash to limit the spread of the highly infectious disease. According to local press reports, the Pennsylvania Turnpike, the Illinois …

Annual stockholder meetings usually are staid affairs involving such exciting matters as appointing a company’s auditing firm, but the upcoming meeting for vending machine payments provider USA Technologies Inc. could be a real barn burner. The months-long battle between Malvern, Pa.-based USAT’s management and board on the one side and …

In the wake of a weaker-than-expected outlook and a sudden CEO change, share prices for card-linked marketing-services provider Cardlytics Inc. plunged Wednesday even as other payments companies surged with the broader markets that had tanked Tuesday on fears of the coronavirus. As of late morning, Atlanta-based Cardlytics’ stock was going …

Creating a new payments form factor is one of the ways the industry likes to add excitement to its innovations for consumer transactions. Whether it’s mobile phones, watches, or (shudder) implantable chips, a new form factor can offer a way to stand out from the competition and build in tools …

Fiserv Inc. said this week its First Data unit has performed the first PIN-on-mobile contactless transaction involving only a commercially available mobile device. Observers say the breakthrough could expand the availability of PIN-on-mobile technology significantly by allowing small merchants like food-truck operators and other mobile sellers to accept card payments …