VeriSign Inc. says heavy promotion it's putting behind its new trust mark for e-commerce will drive the number of payment-gateway client sites displaying the mark from 40,000 currently to more than 70,000 by year's end. And it expects that number to double by the end of 2005. The Mountain View, …

After emerging in the 1990s as specialists in the business of connecting Internet merchants to acquirers and merchant processors, gateway processors are now wrestling with aggressive competition that will retard their growth relative to other e-commerce players, predicts a recent research report on online commerce. Gateways like CyberSource Corp., Authorize.Net …

More evidence of the possible damage being done by phishing to e-commerce emerged in survey results released today by technology research firm Gartner Inc., Stamford, Conn. The survey, which was completed last month and canvassed 5,000 adult Web users, indicates that 30 million users think they have definitely been a …

The top management at Global Payments Inc. said early Wednesday the company is beginning to reap the benefits it planned for when it paid $4 billion to acquire EVO Payments Inc., a processor with international merchant connections. The deal, which is now more than a year past its closing date, …

It’s May, and that means it’s time for our annual exercise to seek out and describe the payments players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Capital One Financial Corp.’s bombshell announcement in February that it is offering to acquire Discover …

Long enchanted with retail and restaurants, acquirers are ready for the next point-of-sale markets. The independent sales agent and acquirer model is successful because of its ability to competitively sell merchant services. The saturation of point-of-sale and online payment services within the retail and restaurant industries is a prime example …

Paystand Inc., a business-to-business payments fintech, announced it has acquired Teampay, a developer of spend-management software. Terms were not announced. Treez Inc. released an e-commerce application for cannabis retailers using its Treez point of sale technology. The new service lets stores create an online storefront and accept payments. Payments platform RevoluGroup Canada Inc. said …

Visa Inc. said early Thursday it has joined a network of service providers maintained by Amazon.com Inc. The e-commerce giant’s AWS Partner Network will enable Visa to reach new clients for its payment services, particularly fintechs and independent software vendors (ISVs) accustomed to operating through cloud computing, Visa said. The …

Consumers using SNAP and electronic benefits transfer payments at a U.S. Walgreens Boots Alliance Inc. store now have broader access to the services through DoorDash Inc., a third-party delivery service. Announced Wednesday, the deal means Walgreens shoppers can use their SNAP/EBT payments card at any Walgreens, regardless of where they …

Citing “relative stability” across key business metrics, such as cross-border volume, Visa Inc. late Tuesday reported March-quarter increases of 10% year-over-year in both net revenue ($8.8 billion) and net income ($4.7 billion). Driven by stable consumer spending, dollar volume grew 8%, while total cross-border dollar volume grew 16% and processed …