E-Commerce

Independent sales organizations and acquirers looking for a payment gateway have another resource to use. Payments consultancy The Strawhecker Group recently released its Payment Gateway Directory, which catalogs 58 data points about 73 companies. The report also analyzed the performance of the gateways by assessing the account-boarding process, evaluating developer …

More than anything else, customer demographics will drive mobile-commerce strategies for airlines, finds a study from CellPoint Mobile, a mobile-commerce vendor specializing in the travel industry. In the Miami-based company’s “Mobile Outlook 2018 Report” released last week, it found that, among airline payment professionals in the North America, 56% cited …

The search by online-payments kingpins for avenues into physical-world stores reached a new milestone with the acquisition by Stripe Inc. of point-of-sale technologist Index Inc. Terms of the deal were not disclosed, according to an Index spokesperson, who added the company has no immediate comment on the transaction. A Stripe …

Merchants wondering whether it’s worth it to invest in improving the consumer experience on their mobile Web sites or mobile-shopping apps may want to consider the findings of Worldpay Inc.’s “Mobile Payment Journey” survey. In the survey, released this week, 37% of U.S. consumers said they would spend more for …

Amazon.com Inc.’s interest in launching a checking-account-like product, reported Tuesday by The Wall Street Journal, could have deep roots in its strategy both for payments in general and for Amazon Pay, the payment wallet it operates for non-Amazon sites, expert observers say. Talks between the Seattle-based retailing colossus and banks …

The Canadian Federation of Independent Business announced Monday an agreement with JPMorgan Chase & Co.’s Chase Merchant Services that the trade group of small and medium-sized merchants says could bring cuts of nearly 50% for accepting American Express Co. cards to its 110,000 members. The Toronto-based CFIB said Chase, its …

Sweden’s Klarna Bank AB enjoyed a good year in 2017, as documented by results the privately held online-checkout and financing specialist released on Wednesday. The firm, which was founded in 2005 and has operated a U.S. unit, Klarna Inc., since 2015, had already achieved distinction by ranking third among so-called …

The merger of payment processors Vantiv Inc. and London-based Worldpay Group plc was completed Jan. 16, and up next for leaders of the combined company is integration of operational platforms, selling products to a wider customer base, and achieving their goal of $200 million in cost savings in three years. …

For years, the change in card credentials that occurs when issuers send out replacement plastic has caused heartburn for cardholders and merchants alike. New card numbers, expiration dates, or three-digit card-verification values can help thwart fraud when cards are lost or stolen, but they also wreak havoc with unaware merchants, …

As Apple Pay’s global user base climbs to an estimated 127 million individuals, a mystery about why even more consumers don’t use Apple Inc.’s mobile-payment service confounds one researcher. Loup Ventures, a Minneapolis-based venture-capital firm, on Thursday released its annual Apple Pay review. Among its findings is that the estimated …