Much has been written about the need for merchants to adopt various forms of contactless payments to suit jittery customers and cashiers in the midst of Covid-19, but often the conversion to touch-free transactions is easier said than done. In response, Square Inc. late Thursday unveiled an application programming interface …

Ingenico Group S.A. said the European Commission approved Worldline S.A.’s $8.6 billion deal to acquire the point-of-sale terminal maker. Ingenico also said the French financial markets authority set Oct. 15 as the closing date for the tender offer for Ingenico securities. If successful, the acquisition could close Oct. 28, Worldline said.In related news, Ingenico …

Taking a page from Square Inc.’s playbook, PayPal Holdings Inc.’s Venmo peer-to-peer payments service is testing what it calls Venmo Business Profiles, a potentially revenue-generating service that enables Venmo users who are sole proprietors of small businesses to sell goods through an affiliated page visible to other Venmo users. Announced …

This special code has made possible everything from mobile payments to open banking. Now, get ready for the next stage in the evolution of this remarkable technology. It seems like it was just yesterday that a group of technology experts from the major California banks were sitting around a table …

Payment card manufacturer CPI Card Group Inc. said first-quarter sales of credit and debit cards rose 22% from a year earlier to $59.8 million, driven in part by strong demand for dual-interface EMV cards that support contactless payments. The company reported first-quarter net income of $2.42 million versus a loss of $3.06 …

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 …

Public-transportation fare payments are morphing from closed-loop magnetic-stripe cards to contactless cards and mobile payments. Up next: One app to pay for all, including scooters, bikes, and shared rides. Tokens are long gone and magnetic stripes are going. Contactless is coming. Beyond that, one app for all? That, in a …

Thanks to cashless payment technology, markets ranging from laundromats to parking lots to vending machines are expanding sales and ushering in loyalty lures. Dig just below the surface of unattended retail—which is enjoying stellar growth of late thanks to expansion beyond its origins in vending to include laundromats, parking, transit, …

A major enterprise software company and a mobile-technology provider late on Thursday announced an agreement to develop a service they say will provide a universal connection to mobile wallets and “simplify mobile payments for anyone with a phone.” The proposed service will combine application programming interface technology from software vendor …

A new PCI standard for using off-the-shelf mobile phones and tablets to accept tap-and-go payments should open the door for more contactless transactions. How much more is another question. It’s the ultimate conven­ience for a harried merchant: just whip out a regular smart phone or tablet and ask the customer …