When it comes to faster payments, merchants don’t want to be left out, and that’s creating a big opportunity for payments processors and other merchant acquirers.  Indeed, as the payments industry shifts toward real-time and near-real-time money movement, processors can cash in on the value of getting good funds into …

In an online question-and-answer session with sellers, eBay Inc. said its new Managed Payments platform will add PayPal as a payment option by next summer. The new platform relies on payments provider Adyen as a gateway to a variety of payments options. E-commerce processor Shopify Inc. reported an operating loss …

Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But chief executive Alfred F. Kelly gave an eyebrow-raising statistic Wednesday regarding …

With a major new—and somewhat controversial—e-commerce standard now entering a 45-day comment phase, the payments industry is likely to have at least some “commercial applications” ready by early spring, the top executive in charge of Visa Inc.’s implementation tells Digital Transactions News. The specification, known as Secure Remote Commerce, has …

Best known for its ATMs, NCR Corp. has long been close to the point-of-sale payment business with its software products such as Retail One, Aloha, and NCR Silver, and its hardware for retailers and the hospitality industry that includes self-checkout systems for grocery stores. Now NCR is about to dive …

Point-of-sale terminal maker Equinox Payments announced an audible way to pay with the integration of LISNR ultrasonic technology. Phoenix-based Equinox said it is the first POS terminal maker to license the proprietary LISNR tech. Using inaudible sounds, the tech enables a smart phone to communicate and share data with devices …

E-commerce payments provider CardinalCommerce said it completed its first series of 3-D Secure 2.1 transactions with American Express Co., Mastercard Inc., and Visa Inc. The transactions, which were not part of a test, were part of an early-adopter program in which merchants and issuers enabled EMV 3-D Secure 2.1 via CardinalCommerce, …

Strong cardholder spending generated higher discount revenue and contributed to a 22% profit increase at American Express Co. in the third quarter. AmEx late Thursday reported that U.S. card-billed business rose 10% to $194.6 billion from $176.4 billion a year earlier. International volume rose 5% to $100.1 billion, bringing AmEx’s …

In a reversal of its past practice, PayPal Holdings Inc. began two years ago working with competitive and semi-competitive partners, and on Thursday it added the last major U.S. card network to that list by announcing a tie-up with American Express Co. PayPal executives also disclosed the company’s performance numbers …

As the payments market, led by the card brands, preps for a potential increase in contactless transactions, sandwich chain Jimmy John’s is testing acceptance of EMV contactless payments. Announced Thursday, the test will use a Verifone Systems Inc. Engage P400 device at an undisclosed number of Jimmy John’s locations, Verifone …