Mobile Commerce

Apple Inc.’s Apple Pay mobile-payments service will soon more than double the 700,000 acceptance locations it had this spring, according to figures the Cupertino, Calif.-based computer and smart-phone maker released Tuesday. “We’re on track for Apple Pay acceptance at over 1.5 million U.S. locations by the end of 2015,” Apple chief …

  Biometrics will be the secure authentication mechanism for 65% of all mobile-commerce transactions in five years. That’s the forecast from Acuity Marketing Intelligence, a Denver-based research firm, in its “The Global Biometrics and Mobility Report: The Convergence of Commerce and Privacy” report released last week. The forecast says this will …

By John Stewart With Visa Inc. and MasterCard Inc. making headway with online merchants with their streamlined checkout services, it was only a matter of time before network rivals introduced their own versions. American Express Co. did just that Thursday, announcing what it is calling an “unwallet” to allow its …

Smart phones continue to dominate mobile payments made by consumers, garnering 64.1% of all such mobile transactions in the second quarter of 2015, reports the Adyen Mobile Payments Index. That’s an increase from 61.8% in the first quarter, and handily bests mobile transactions made with tablets. The use of tablets …

Directors of online auction and e-commerce giant eBay Inc. on Friday formally approved previously announced plans to separate eBay from its big payments subsidiary, PayPal Inc. The separation becomes official July 17, when, under a stock distribution plan, eBay shareholders of record on July 8 will get one share of …

While social networks like Facebook, Twitter, and Pinterest develop so-called buy buttons for the ads they sell, third-party developers are looking at extending the same technology across not only social networks but apps, mobile sites, and even emails. One of the most aggressive of these developers, Santa Clara, Calif.-based XpressBuy …

The gold rush in payments-startup financing that began about a year ago is likely to be even bigger in 2015, according to the latest report from CB Insights, a New York City-based investment-research firm. Last year set a record for startup funding, with $2.23 billion pouring into new payments companies. …

The MyCheck mobile app is gaining some ground in a crowded field of applications that enable consumers to order and pay restaurant tabs. New York City-based MyCheck LLC announced Thursday that the 68-location Twin Peaks restaurant chain will offer its iOS and Android white-label app to customers for payments and …

U.S. consumers shopping online in the first quarter of 2015 used smart phones to place 18% of all online orders. That’s according to the Demandware Shopping Index. Demandware Inc. is a Burlington, Mass.-based e-commerce platform. The index found that smart phones, too, accounted for 38% of the overall Web traffic …

With its Visa Digital Enablement Program, announced last week on the same day Google Inc. unveiled Android Pay, Visa Inc. has introduced application programming interfaces for card-issuing institutions to link to potentially thousands of digital-payments services with a single integration and without separate business agreements for each. Visa also hopes …