E-commerce processor Adyen Inc. announced on Thursday it is now offering payments capability for physical stores in the United States, a move that follows the company’s success in providing a payments gateway for a number of prominent digital clients, including Facebook, Uber, Airbnb, and Netflix. Also on Thursday, ATM maker …

The more than 72,000 students and faculty members of Arizona State University have a new app to help them find deals from local merchants. Dubbed ASU Deals, the app, available for iOS and Android mobile devices, enables users to search for local deals and receive notifications from merchants. Developed by …

The crucial role in-app payment plays in mobile-wallet usage emerged in high relief Monday in a report showing that almost one-third of all Apple Pay credit card transactions made in the last five months by surveyed consumers occurred within a merchant app rather than in a store. Over the same …

Sales agents at independent sales organizations and software vendors have a new mobile point-of-sale service to sell merchants. MyOmny, which is available for smart phones and tablets using iOS and Android operating systems, has launched. Developed by Dallas-based Avalon Solutions Group, myOmny is an app that merchants download to their …

In the face of reports of generally mediocre mobile-wallet usage, a report issued this week indicates the picture may brighten soon. Thirty-nine percent of consumers have used a mobile-payments service in a store within the past year, and 73% of these have done so just within the past three months, …

Merchant processor First American Payment Systems L.P. on Thursday reported that it bought the independent sales organization portfolio of Chase Commerce Solutions, the merchant-acquiring and payment-processing unit of banking giant JPMorgan Chase & Co. Neither company would disclose the purchase price or the number of ISOs and merchants involved in the …

It was a lousy December for payment stocks, but 2015 as a whole saw shares of electronic transaction processors far outperform the major market indexes, according to a new report from Chicago-based investment firm Barrington Research Associates Inc. Shares of 28 payments companies posted a mean return of 11.47% last …

If history is any guide, card-not-present fraud will spike now that EMV has officially arrived in the United States. Can a growing array of fraud-prevention technologies stem the tide? When it comes to plying their deceptive trade, fraudsters exploit the weakest link in the security chain. With the EMV chip …

  ISOs trying to figure out what kind of gear to sell small businesses are discovering the first step toward wisdom involves educating their merchants. Until a couple of years ago, marketing messages for new point-of-sale equipment did not have to focus much on the technology, other than to say …

As 2015 drew to a close, it became clear that the business of creating and processing tokens in place of actual card credentials has hit the big time. Three of the major general-purpose card networks—American Express Co., MasterCard Inc., and Visa Inc.—have now created so-called digital-enablement services that handle token …