With consumer use of mobile wallets growing, supermarket chain Giant Eagle, Inc. is adding PayPal and Venmo acceptance at checkout in its 474 Giant Eagle supermarkets and GetGo convenience stores. The move, announced Thursday, furthers PayPay Holdings Inc.’s efforts to capture in-store transactions through its mobile wallet. PayPal began its …

Shift4 Payments Inc. continued its expansion into sports and entertainment venues Tuesday, announcing that it will provide payment processing for Chicago’s United Center, home to the National Basketball Association’s Chicago Bulls and the Chicago Blackhawks of the National Hockey League. The payments offering relies on Shift4’s VenueNext technology.  Shift4 said …

The consumer-payments industry is thriving. Last year, consumers embraced more payment methods than ever, a behavior that companies like Stripe (now valued at $95 billion ahead of a highly anticipated Wall Street debut) are banking on in a post-Covid world.  In fact, a recent Deloitte report tells us that, in …

Sensing that consumers’ growing preference for contactless-payments options will be permanent, Intuit Inc. on Thursday introduced its QuickBooks Card Reader for small businesses. The terminal, which integrates with QuickBooks Payments, supports what Intuit calls smart-tipping functionality. Businesses can customize three tipping options that are displayed on the card reader as …

The combination of restrictions on in-store visits and concerns about the safety of cash has been a boon for digital payments. But not all agree cash’s reign is over. Cash is resilient. So are electronic payments. Cash been around for millennia and exists as paper currency and coins. It also …

For all the publicity cryptocurrencies generate, consumers and merchants are still left wondering when the digital money can be used as a medium of exchange rather than simply be seen as an investment asset.  The latest effort to answer that question comes from a 3-year-old, Romania-based company called ZoidPay, which …

The trend toward providing merchants technology that unites their digital and physical payments acceptance and allows them to manage their operations from a single platform got another boost Tuesday with Israel-based Wix.com Inc.’s introduction of Wix POS. The solution allows merchants to accept in-store and online payments, including contactless and chip …

Consumers traveling with cryptocurrencies busting out of their digital wallets will be able to spend some of that at select Sheetz convenience stores later this summer. Sheetz says it is the first c-store chain to accept crypto. In an announcement Friday, the 622-store chain says it will enable crypto acceptance …

At the height of the pandemic last spring, the World Bank projected that 2020 remittances to low- and middle-income countries would decline by 20% year-over-year—nearly $445 billion—because of lower wages and growing unemployment among migrant workers. And in the process, there would be yet another casualty of Covid-19 as the …

With consumers becoming more comfortable returning to in-store shopping as Covid-19 vaccinations roll out, J.P. Morgan is partnering with U.S. processor ACI Worldwide Inc. to enable merchants in Europe and the United Kingdom to offer in-store payment acceptance. The deal expands J.P. Morgan’s omnichannel processing presence by giving merchants a …