The failure of Suretap Wallet L.P., the Canadian mobile-payments service controlled by five telecommunications companies, raises further questions about the role, if any, telcos will play in this business, experts tell Digital Transactions News. Suretap, which announced Friday it will shut down effective Aug. 26 after barely more than a …

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 …

Following the audacious gatecrashing of the incumbent-payments party, MCX should have been king of the world. Instead, what occurred was an extended period of retrenchment. We have recently witnessed the likely demise of yet another attempt at cracking the mobile-payments nut. For many, the implosion of Merchant Customer Exchange LLC’s …

The idea of the payments consortium has a checkered history. Nick Holland explains why. We have recently witnessed the likely demise of yet another attempt at cracking the mobile-payments nut. For many, the implosion of Merchant Customer Exchange LLC’s CurrentC wallet venture was no great surprise. To be sure, MCX …

The idea of the payments consortium has a checkered history. Nick Holland explains why. We have recently witnessed the likely demise of yet another attempt at cracking the mobile-payments nut. For many, the implosion of Merchant Customer Exchange LLC’s CurrentC wallet venture was no great surprise. To be sure, MCX …

JPMorgan Chase & Co. is lining up the necessary elements for its Chase Pay mobile service. The bank announced Thursday that more than 14,000 Shell Oil Co. locations potentially could accept the nascent mobile wallet. Chase shared few details, such as when Chase Pay might be accepted at Shell stations, …

New technologies and market entrants are exerting downward pressure on acceptance costs for mobile payments. But how much longer will these costs matter? Card payments can be exceedingly complex, but in some ways they’re simple. Whip out a functioning credit or debit card to pay in a store and the …

JPMorgan Chase & Co.’s Chase Pay mobile-payment service, announced in October, is on track for tests this summer with greater availability in the fourth quarter, according to Kim Fitzsimmons, head of global e-commerce and large omnichannel solutions at Chase Commerce Solutions. Fitzsimmons, who spoke Monday during a panel discussion at …

Our list this year showcases some of the most interesting innovation going on in payments. As we put together this year’s Guide, we were struck by the sheer breadth of innovation the 37 entries that made this year’s list represent. Yes, much of this technology has to do with mobile …

When it comes to mobile-payments services like Apple Pay and Samsung Pay, the payments industry appears to be seeing adoption. But it could be years before it sees steady usage. The adoption picture, as defined by cardholders loading a card, is improving for Apple Pay, according to the latest numbers …