Mobile-payments volume will nearly triple from $51.5 billion this year to $141.7 billion in 2019, according to a new report from Forrester Research Inc. That’s pretty exciting news for payments networks, processors, banks, tech specialists, and others with a stake in the budding sector. But wait. Even with all that …

By Jim Daly Mocapay Inc., one of the nation’s pioneers in mobile payments, hopes to expand its small footprint through a new distribution agreement announced this week with Merchant Link, a gateway and data-security service owned by JPMorgan Chase & Co.’s merchant-acquiring unit, Chase Paymentech. Founded in 2007, Denver-based Mocapay …

  The message about the coming shift to chip card payments using the Europay-MasterCard-Visa (EMV) standard is getting out there, says Competiscan, a direct marketing firm. The Chicago-based firm says its analysis finds that mentions of EMV in direct mail pieces from card issuers increased from less than 3% of …

• American Express Co. is testing a mobile-payment service built on its Serve platform with the NBA's Brooklyn Nets and their home arena, the Barclays Center. The Brooklyn eWallet is part of the Nets' mobile app for iOS and Android smart phones; fans can store up to 10 payment cards in …

  In the past 12 months, 51% of consumers purchased a physical good using a mobile phone, the highest percentage in five years, potentially signaling a greater propensity for consumer adoption of mobile wallets, according to a new report from Javelin Strategy & Research. That is up from 45% in …

Tablet-based point-of-sale technology is moving apace in restaurants. Ziosk LLC, which installs tabletop tablets in eateries, announced this week Smokey Bones Bar & Fire Grill will install its system in all 65 of its U.S. locations. The rollout is expected to wind up by the end of February. Dallas-based Ziosk, which …

  Tablet-based point-of-sale company Revel Systems says it has secured $90 million in Series C financing, a windfall it will use to keep up with growth for its iPad-based POS systems, the company announced Tuesday. Private equity firm Welsh, Carson, Anderson & Stowe, which has long invested in payments companies, …

Square Inc.’s 6-month-old cash-advance product, Square Capital, has distributed $75 million to some 15,000 small businesses, the San Francisco-based payments company announced via Twitter this week. Further, merchants that have accepted the advances have processed in excess of $1 billion in sales through Square, the company said. It also pointed …

With a critical deadline coming up in less than a year, it has become a common observation about the U.S. conversion to the Europay-MasterCard-Visa (EMV) chip card standard that transaction fraud prevented by EMV will simply move into e-commerce channels. Now, a new report from Javelin Strategy & Research argues …

Payment processor JetPay Corp. on Monday reported that it had acquired ACI Merchant Systems LLC, an independent sales organization that works through financial institutions to provide credit and debit card processing to their small and mid-sized business customers. Meanwhile, the big merchant acquirer Heartland Payment Systems Inc. recently bought Xpient …