Some 12,000 restaurants in 100 countries already use Toronto-based TouchBistro Inc.’s iPad-based point-of-sale software, but a new agreement with JPMorgan Chase & Co.’s WePay subsidiary could put TouchBistro in touch with many more U.S. eateries. TouchBistro and Chase on Tuesday unveiled TouchBistro Payments Powered by WePay, which will launch this …

More than two years after the U.S. migration to EMV chip cards accelerated, evidence of the success of the effort continues to emerge. Merchant acquirer Square Inc. says nearly 92% of the transactions it processed as of December were made with EMV-enabled credit and debit cards. While the advent of …

Point-of-sale equipment maker Ingenico Group announced a PIN-on-glass product suite that includes a secure card reader and a back-end verification service. Payments provider SignaPay Ltd. announced two new products, the PayHub Plus Payment Gateway and the PayLo Mynt POS System, which offers a variety of customized point-of-sale software packages. In …

After decades of requiring specialized hardware, the payments industry is moving toward PIN entry on off-the-shelf mobile devices. What’s not to like? The payments industry is, if anything, ultra-conservative when it comes to new technology and transaction security. Take PIN pads, for example. For decades, the industry has required that …

Square Inc. on Tuesday pulled back the curtain, at least a little bit, on its Cash App and the related Cash Card, a Visa-branded debit card. The app has 7 million active users, and cardholders spent $90 million using the card in December, good for annualized volume of $1 billion, …

Many merchants—98%—are looking to make investments in their checkout systems this year, finds the Merchant Credit Survey from Vyze Inc., a consumer financing provider. Investing in financing programs ranked high, with 97% saying they anticipate focusing on financing and credit options. Most merchants—92%—plan to make mobile app and mobile Web …

Liberal members of the U.S. Supreme Court sharply questioned American Express Co.’s lawyer during oral arguments Monday for a major case involving a challenge to AmEx’s anti-steering rules for its merchants, Reuters reported. A group of 11 states led by Ohio alleges the rules violate antitrust laws and is challenging …

The number of Apple Pay users globally increased an estimated 104.8% in a year, from 62 million in 2016 to 127 million in 2017, Loup Ventures, a research-driven venture-capital firm, said. Only an estimated 16% of global iPhone users have activated Apple Pay, the firm said, which added that it is …

A new guide from the U.S. Payments Forum outlines the considerations for selecting a mobile-wallet program and draws upon lessons from past successful and unsuccessful mobile wallets launches. In its white paper, “Mobile and Digital Wallets: U.S. Landscape and Strategic Considerations for Merchants and Financial Institutions,” the Princeton Junction, N.J.-based …

After announcing a coming rebranding for its Android Pay mobile and online payment service in January, Alphabet Inc.’s Google subsidiary on Tuesday formally unveiled the new Google Pay. But the rebranding, centered on a new mobile app for Android devices, is a work in progress, with more changes and new …