Payment-processing hardware and software provider VeriFone Systems Inc. said the Apptizer mobile order-ahead app is now integrated with its Verifone Carbon point-of-sale devices. In related news, VeriFone said Helsinki-based Euroloan Group Plc’s Mash application is now integrated into the Verifone Connect system, enabling consumers to select a pay-later option when …

Consumers may be ready to pull back from using credit cards if a survey from Auriemma Consulting Group is correct. Only 14% plan to increase their borrowing on credit cards in 2018, compared with 28% who said so in 2017. “Increased spending around the holiday season is normally predictive of greater …

Amazon long ago mastered e-commerce, and now its payments unit is making moves in physical stores and in voice commerce. Will it succeed here as it has online? In the fall of 2009, a certain big company in Seattle launched a service that let consumers authenticate themselves for online purchases …

Nobody knows for sure, but some time this year Amazon.com Inc. could unleash a double-barreled assault on the world of physical-store payments. As our cover story this month lays out, the Seattle colossus has already introduced Amazon Pay Places, a mobile order-ahead application for Amazon Pay, and is working to …

Visa Inc. CEO Alfred Kelly told CNBC that Bitcoin currently is a “speculative commodity” and not “a payment-system player.” Visa only will process fiat currency transactions, Kelly said at the National Retail Federation’s annual conference this week in New York. Varo Money Inc. said it raised $45 million in a …

A ranking of retailers offering optimal mobile-shopping experiences in their stores places building materials retailer Lowe’s Companies Inc. atop the list, announced DMI, a mobile-retail specialist. Among the criteria Bethesda, Md.-based DMI, a unit of Digital Management LLC, evaluated in its “Mobile Maturity Model: 2018 Retail” report were pricing, inventory, …

While most payments executives have been fascinated by the spectacular year-long rise—and recent crash—in the value of Bitcoin, merchants that accept the cryptocurrency continue to struggle with a wide range of vexing issues. Overstock.com, one of the first merchants to accept Bitcoin, this week had to fix a programming flaw …

Vantiv Inc. shareholders approved the processor’s planned acquisition of London-based merchant acquirer Worldpay Group plc with 99.9% of votes cast in favor, Vantiv reported. The companies expect the merger to close Jan. 16 following approval of a British court. The merged company will be known as Worldpay Inc., and its …

What’s happened to the e-commerce checkout and why it isn’t easier to make a payment. Instant access is the byword for online retailers. It’s what online shoppers want all the time and what e-retailers strive to provide so their consumers can buy when they want. Epitomizing that is a frictionless …

Suddenly, person-to-person payments services are gaining utility beyond just paying a person via a smart phone. What gives? So you thought these newfangled person-to-person payment services were meant only to replace cash with smart-phone apps that enable individuals to send and receive money electronically? Think again. All of a sudden, …