Person-to-Person Payments

Samsung Electronics America announced early Tuesday it is rolling out a new peer-to-peer payments capability for its digital wallets in the United States. Called Tap to Transfer, the new feature will enable Samsung wallet users to send money to one another by tapping their phones. Samsung wallet users can send …

PayPal Holdings Inc. recorded a tepid 1% growth rate in revenue in the first quarter, with overall transaction revenue flat, but the company’s stress on branded checkout appears to be yielding more optimistic results, the company reported early Tuesday. PayPal is also building up its cryptocurrency business and beginning a …

Zelle, the peer-to-peer payments network operated by Early Warning Services LLC, continues to make steady inroads with small businesses, according to data released early Monday by Early Warning. About 7 million small businesses are enrolled in the network to make and receive payments, while the use of Zelle by consumers …

Business, consumer, and government use of the automated clearing house network continues on its growth pace with overall ACH payment volume up 4.2% in the first quarter year-over-year. Same-day ACH, Nacha’s faster-payments offering, experienced a 19.1% jump in payments. Same-day ACH volume, as revealed Wednesday by Nacha, totaled 326 million …

Electronic Merchant Systems LLC said it acquired Peel Payments, marking a significant expansion into the petroleum and convenience store segment. Peel also brings familiarity with Fiserv Inc.’s platform, says Afshin Yazdian, EMS chairman and chief executive, “which aligns perfectly as we prepare to launch on that platform and integrate with Clover. …

Sweeping regulation that would have impacted all major mobile-payment apps in the United States appears to be headed for the dustbin following action by the House of Representatives Wednesday to vote down a bill based on regulation from the Consumer Financial Protection Bureau. The House action follows a Senate vote …

Zelle, the peer-to-peer payments service from Early Warning Services LLC, took steps late Thursday to clear up misperceptions concerning its decision to limit the capabilities of the Zelle standalone app. As of April 1, app users can no longer transact or enroll in Zelle. Instead, the app will become more …

MoneyGram International Inc. said it will adopt Mastercard Move, the card network’s cross-border money-transfer application. Mastercard Move will enable MoneyGram users to initially send cross-border payments to 38 markets. Additional markets are expected to come online throughout the year. MoneyGram customers can receive payments through MasterCard Move at nearly 10 …

The Independent Community Bankers of America said its ICBA Payments subsidiary is working with Mastercard Inc. to offer upgraded and enhanced card and payment services for 1,400 community banks. Mastercard will manage all cardholder communication and marketing while ICBA Payments will move its sponsored card programs to Mastercard at no cost and …

The Consumer Financial Protection Bureau late Tuesday dropped its lawsuit against Early Warning Services LLC, operator of the Zelle person-to-person payments network. The suit had also named Bank of America, JPMorgan Chase, and Wells Fargo as defendants. The financial institutions are three of the seven bank owners of Early Warning. …