A series of partnerships with the card networks and now individual banks have positioned the online-checkout kingpin to make the leap to a mainstream digital-payments platform. Ever since PayPal Holdings Inc. was spun off from eBay Inc. in 2015, its chief executive, Dan Schulman, has not been shy about warning …

If you ask consultants what’s holding back mobile payments in the United States, you’ll get answers ranging from lack of acceptance ubiquity to malfunctions at the point of sale to consumers’ perceptions that payment cards work just fine. Now the nation’s financial institutions have weighed in on the matter, and …

The holiday shopping season may be coming to a close, but mashups between mobile-wallet providers, merchants, payment card networks, and card issuers are likely to continue indefinitely as all groups seek more transaction volume from consumers. Apple Inc. has been active this holiday season. In one promotion, Apple is offering …

As long as consumers have good reason to believe that they will have their privacy infringed, it will be impossible for politicians to introduce a cashless society. It doesn’t take a crystal ball to know that in the coming years, digital transformation will continue to make shopping more convenient. And …

Private-equity firm GTCR, which bought Sage Payment Solutions in August from its British parent company The Sage Group plc, appointed veteran independent sales organization executive Joe Kaplan as chief executive of the merchant processor, and also announced that it would invest $350 million to support Sage. Kaplan is the former …

Independent sales organization Merchant Consulting Group Inc. said its payments services are now available in the Tracker Management Systems dispatch software designed for the towing and wrecker industry. BMO Harris introduced Small Business Mastercard, which works with the Masterpass, Apple Pay, Android Pay, and Samsung Pay digital wallets. Now that Apple Inc.’s new …

Patents usually get the most attention when a person or company files for one, but the one held by Amazon.com Inc. for single-click buying that is set to expire Tuesday is generating plenty of buzz about how much, if at all, e-commerce will change when it’s gone. Granted by the …

Google plans soon to give merchants access to the vast trove of credit card credentials it has in its databases to speed customer checkout for mobile and online payments. The search-engine giant, however, is not putting itself in competition with payment card networks, a Google executive said this week. The …

Evidence is emerging that efforts to convince more consumers to use contactless payments instead of cash for low-value transactions may be having an impact, at least in countries other than the United States for now. That’s the take from Cardtronics plc, the giant ATM operator that owned nearly 45,000 U.S. …

Mastercard Inc. reported Thursday that its switched transaction volume grew 17% in the second quarter. Meanwhile, Discover Financial Services’ Pulse debit network saw volume jump 15% after growing slightly in the first quarter following a long period of decline. Purchase, N.Y.-based Mastercard said its transaction count hit 16 billion versus …