Thursday , January 1, 2026

Mobile Wallets

Merchant Advisory Group Debuts Education Site and other Digital Transactions News briefs

• Processor First Data Corp. and terminal maker Ingenico Group announced a new solution supporting EMV tip adjust and the common application identifier for debit and running on Ingenico smart terminals. First Data has certified the solution on its Omaha platform. • The Merchant Advisory Group launched KnowYourPayments.com, a Web …

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Wendy’s Data Breach Affected 1,000 Locations and other Digital Transactions News briefs

• A payment card data breach reported in May by the hamburger chain Wendy’s Co. was much more extensive than originally thought, the company said Thursday, according to Reuters. Wendy’s now says the breach affected approximately 1,025 stores, or about 18% of the company’s U.S. and Canadian units. In May, …

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Wal-Mart Completes Its Rollout of Walmart Pay to All 4,000-Plus U.S. Stores

Wal-Mart Stores Inc. on Wednesday announced its Walmart Pay mobile wallet is now available in all of its 4,612 U.S. stores in all 50 states. The rollout’s completion comes about seven months after the Bentonville, Ark.-based retailing behemoth introduced the product and about 10 weeks after first making the app …

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COMMENTARY: Lessons Learned From NFC Failures

During the last 20 years, I’ve worked for, consulted for, partnered with, or analyzed hundreds of payments companies and thousands of other firms that are in some way connected with payments companies, either as customers, prospects, or partners. Many of those companies have been highly successful, some explosively so. Others …

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Banks Cash in on Visa Europe Deal and other Digital Transactions News briefs

• Wal-Mart Stores Inc. launched Walmart Pay in 11 states: Virginia, North Carolina, South Carolina, Nebraska, South Dakota, North Dakota, Iowa, Tennessee, Kentucky, Michigan, and Indiana. • Citing volatile exchange rates for the British pound, some money-transfer companies are temporarily suspending pound transfers until after results of today’s “Brexit” vote on …

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Microsoft Introduces a Windows 10-Based Mobile Wallet With NFC Capability

Microsoft Corp. on Tuesday joined the mobile-payments race in earnest by announcing it is making near-field communication capability available on Microsoft Wallet for in-store transactions. The wallet works with Microsoft’s Windows 10 operating system. The new payments feature is limited for now to members of Microsoft’s Windows Insiders program “in …

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A BofA Survey Finds More Consumers Are Using Their Phones to Make Purchases

The number of consumers of all age groups who would or already use their phones to make purchases at the checkout increased to 40% this year, finds Bank of America Corp.’s “Trends in Consumer Mobility Report 2016,” released Tuesday. That’s up from 34% in 2015. Younger consumers—Millennials between 18 and …

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Canada’s MintChip Digital Currency Goes Live at Toronto Stores and Restaurants

MintChip, a digital cash replacement, went live Tuesday with a handful of retailers and restaurants in a trendy Toronto neighborhood. Canadians anywhere also can use MintChip for peer-to-peer payments. A loyalty and payment-services startup called nanoPay Corp. bought MintChip, which was developed by the Royal Canadian Mint, early this year. …

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Elavon Boosts Apple Pay Support in Canada and other Digital Transactions News briefs

•  Costco Wholesale Corp., along with Citigroup Inc. and Visa Inc., officially announced the new Citi-issued Costco Anywhere Visa consumer and business credit cards to replace Costco’s American Express Co. cobranded card; the new card gives 4% cash back on gas purchases, 3% back on restaurant and eligible travel purchases, …

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Apple Pay Boosts Vending Revenue and other Digital Transactions News briefs

• Visa Inc.’s Canadian unit posted an “open letter” in Canadian newspapers Thursday to protest Wal-Mart Stores Inc.’s plan to stop accepting Visa cards in its 400 Canadian stores beginning July 18 because of allegedly high acceptance costs. “Wal-Mart has initiated a public flight—something we never wanted—as they are using …

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Digital Transactions