Marketing

Physical gift cards may want to look over their shoulders, so to speak. Digital gift cards are gaining ground, especially among younger consumers, finds new research from Blackhawk Network Holdings Inc., a Pleasanton, Calif.-based gift card specialist. Chief among the results is that 41% of Generation Z consumers, generally those …

FitPay Inc. has started shipping its contactless, coin-shaped Flip device, which allows users to spend Bitcoin as U.S. dollars at stores. The company said on Wednesday it plans to “ramp up” production of Flip though the first half of the year. The news comes after Fit Pay announced in January …

Apple Inc.’s forthcoming Apple Card is another push from the computing giant to move payments into a digital realm under Apple’s control, according to analysts. Apple last week announced the card, which bears a Mastercard Inc. brand and will be issued by Goldman Sachs Group Inc. The product, which eschews …

A day long dreaded by the U.S. payments industry came and went on Monday with little fanfare and not much more gnashing of teeth. The Consumer Financial Protection Bureau’s voluminous prepaid card rule finally took effect with sweeping provisions governing matters ranging from fee disclosures to error-resolution rights to consumers’ …

Worldpay Inc. may be embroiled in combining its business with that of Fidelity National Information Services Inc., but that isn’t stopping the huge processor from seeking international expansion. Cincinnati-based Worldpay said on Wednesday it will open two new offices in Australia and has obtained a license to acquire card payments …

Square Inc. said concession sellers at the Washington Nationals’ ballpark will be equipped with the Square Terminal device to process fans’ food-and-drink orders in their seats. Fans will also be able to use Square’s Caviar app to order food from concession stands. The Major League Baseball season starts Thursday. The …

They’ve been the subject of intense debate for several years now, but evidence from the Southeast Acquirers Association annual conference Tuesday shows interest among independent sales organizations in discounts for cash and credit card surcharges is as high as ever. About 800 people attended the Atlanta confab that concluded Wednesday, …

Merchants will be able to choose merchant services from T-Mobile US Inc. now that the wireless carrier has launched GoPoint, a new product that includes one-price processing and mobile card readers. With processing provided by Total System Services Inc. (TSYS), GoPoint is aimed at small and medium-size businesses. The service …

Citigroup Inc. says its treasury and trade solutions unit is building a capability to allow consumers to make payments to institutions. Payment methods will include cards, e-wallets, and new bank-transfer services such as request to pay and open banking. Chosen Payments said Hudson Software Inc., developer of software for the …

Apple Inc. has been working on a payment card product with Goldman Sachs Group Inc. for at least a year, and on Monday the computer company that did much to put mobile payments on the map announced the results of that collaboration. Cobranded with Goldman and running on the Mastercard …