Competitive Strategies

Point-of-sale terminal maker PAX Technology said processor Worldpay Inc. now supports its handheld A920 POS terminal. Ingenico Group released the Moby/C150 electronic cash register, an EMV-compatible tablet point-of-sale system. VeriFone Systems Inc. said it is using AES DUKPT, a security key management standard, in its encryption service VeriShield Total Protect, in …

So far, neither near-field communication nor blockchain has been a blockbuster technology for payments in the U.S. market, but now developers are working on combining the two in a way they hope will give cryptocurrencies a big boost at the point of sale. The idea is to create a standard …

American Express Co. disclosed Monday that it will end its multi-merchant Plenti rewards program on July 10. AmEx announced the closure through a tweet on the Plenti Twitter feed and on Plenti’s Web site. “While Plenti has grown in scale since its launch, a number of factors, including shifting priorities …

Klarna Inc. is bringing another of its buy now/pay later products to the U.S. market this summer with broader availability later in the year. That’s the word from Jim Lofgren, chief executive of Klarna Inc., the North American arm of the Sweden-based online payments firm. Lofgren, speaking to Digital Transactions …

E-commerce platform 3dcart said its integration with payments provider PayJunction now includes automated clearing house transaction processing, remote signature capture, and tokenized cards on file services. In a bid to help merchants serve Japanese tourists, point-of-sale vendor Equinox Payments has added contactless support for JCB cards to its Apollo, L5000, …

Paysafe Holdings UK Ltd. hasn’t been shy about building scale via acquisitions, and on Thursday it announced one of its biggest deals yet in the U.S. merchant-acquiring business. It expects to close by the end of June on a transaction that will bring into its fold iPayment Holdings Inc., a …

Mastercard Inc. announced that consumers shopping on BJs.com, the e-commerce site for BJ’s Wholesale Club Inc., now can use its Masterpass digital wallet as a payment method. JPMorgan Chase & Co. reported that it processed $316.3 billion in merchant payment volume in the first quarter, up 15% from $274.3 billion …

President Donald Trump’s proposed 25% tariffs on about 1,300 Chinese products worth $50 billion have the merchant-acquiring industry worried. The Electronic Transactions Association, a national payments-industry trade group, joined more than 100 other organizations in signing a letter to the House Ways and Means Committee leadership expressing their “deep concern” …

The Electronic Transactions Association joined with more than 100 other groups spanning a variety of industries in signing a letter to the House Ways and Means Committee expressing concern about tariffs proposed by the Trump Administration on Chinese imports. The ETA’s concern is that a proposed tariff on cash registers …

Uber and mass-transit software developer Masabi Ltd. have struck an agreement that will allow transit tickets and passes to be displayed on Uber’s mobile app. Masabi’s apps and software systems for transit are used in 30-plus metropolitan areas, including on the Metro-North and Long Island Rail Road commuter-rail systems in …