Expectations of easily getting merchants ready to accept EMV credit and debit cards appear to be misaligned with the reality of the terminalization program. That’s one finding from a survey released Thursday by The Strawhecker Group, an Omaha, Neb.-based payments consultancy. To accept EMV chip cards, merchants must have compatible …

By Kevin Woodward Consumers know their credit and debit cards are changing, they’re just not sure exactly what is happening. That’s one of the findings from a survey released by payments provider Harbortouch. In the survey of 18,000 U.S. consumers, 89.4% said they were aware of the transition from magnetic …

Google Inc.’s latest foray into mobile payments made its way to the public Thursday when the technology giant announced the release of Android Pay. Available only on smart phones and tablets enabled for near-field communication (NFC) and using the KitKat4 or later operating system, Android Pay enables consumers to load …

Online-only retailer zulily Inc.’s decision to add Apple Pay as an in-app payment option is about making it easier for consumers to shop and pay on a small screen, the women’s and children’s clothing retailer says. The in-app variation of Apple Pay relies on the Touch ID sensor built into …

By Kevin Woodward Klarna, a Sweden-based payments company that enables consumers to take 14 days to pay for online purchases, says its deal announced Tuesday with Overstock.com is the first of many it expects to make with e-commerce retailers this year. Retailer Overstock.com sells a broad range of merchandise, and …

Payments 3.0 The rate of adoption of in-store mobile-phone-based payments is a critical issue facing merchants. How best to respond to it is a complex problem with some major unknowns. Recent studies indicate that nearly half of consumers would prefer to use their own mobile device when shopping in a …

By Kevin Woodward The complexity and multiple configurations of POS systems have some merchants and vendors mired in delays. As the U.S. payment card industry hurtles toward its EMV destiny on Oct. 1, the process for certifying EMV-compliant point-of-sale terminals is moving along well, albeit with one exception. That exception …

After 13 years, PayPal is free of eBay and once again an independent company. It dominates online and mobile commerce, but has stumbled at the point of sale. What will it do now that it calls all the shots? Like a young adult getting his first apartment and starting a …

  In-app payments appear to be the long-sought answer to dismal conversion rates on mobile devices. But are consumers as comfortable with this payment method as many may think? In-app payments, long used by mobile-gaming companies to enable consumers to buy digital goods, suddenly gained more notoriety following the 2014 …

By John Stewart Ever since Google Inc. announced its Android Pay mobile-payments service a little more than three months ago, the online search giant has been mum about when the service will be launched. But a Google executive on Tuesday hinted in a public forum that the launch is likely …