Mobile Commerce

Square Inc. released a software development kit to enable merchants and developers to use Square for their payments processing in apps. Announced Wednesday, the SDK marks a first for Square and creates a single platform for transactions made by Square merchants that also sell in stores. The SDK is available …

The new year is only a week old, but it’s already looking to be a strong one for dashboard payments. On Monday, Visa Inc. and SiriusXM Connected Vehicles Services Inc. said they plan to offer the SiriusXM e-wallet to auto manufacturers that deploy SiriusXM’s connected-vehicle services.  The Visa-SiriusXM announcement followed …

Phillips 66 Co., which has long been a leading player among petroleum companies in digital payments, has taken a step into in-car commerce in a tie-up with Honda Motor Co. Inc. that will allow customers to find the nearest station, claim a pump, and pay for gas from the infotainment …

At first glance, a press released headlined “Mastercard Drops Its Name” might lead one to believe Mastercard will be the anonymous payment network going forward. But no, Mastercard Inc. is simply removing its name from its familiar interlocking circles logo, the company announced Monday. The name-drop marks the second time …

Payments provider BlueSnap said it has integrated Google Pay into its platform for payments from online, mobile checkout, marketplaces, invoices, and virtual terminals. In related news, cross-border payments provider Flow also announced it is adopting Google Pay as payment option. Mobile-parking app provider ParkWhiz Inc. has rebranded itself as Arrive Inc. FICO said it has been awarded five …

Sales from Thanksgiving through Christmas on all forms of payment increased 5.1% compared to the same period last year to more than $850 billion, according to Mastercard Spending Pulse, which says this is the most robust growth seen in six years. Online sales gained 19.1%. Facebook Inc.’s WhatsApp messaging platform …

Restaurants are a coveted merchant segment for many acquirers and independent sales organizations. So, knowing how payments are changing and the impact that might have on this merchant segment is critical. First off, in 2019, the prospect for more consumers carrying, and wanting to use, contactless credit and debit cards …

E-commerce, online bill payments, and other forms of card-not-present payments continued their strong growth last year to capture a bigger share of total card payments, according to newly released Federal Reserve data. The number of what the Fed calls remote payments using general-purpose payment cards grew 22.8% in 2017 from …

Online merchants expect to battle fraud with added vigor during the holiday-season shopping frenzy. But now data released this week shows how fraud losses, and the costs of managing fraud, plague these merchants year-round. On average, e-commerce merchants sustained 142 successful fraud transactions each month this year, up 12% from …

With massive data breaches hitting the headlines and account-takeover fraud booming, payments players are scrambling for solutions. One possibility is so-called behavioral biometrics, a science that tries to detect imposters’ fraudulent activity in real time by comparing their online behavior with the known patterns of a genuine user. The latest …