With online sales soaring, physical retailers are faced with the challenge of how to recreate the convenience of e-commerce in a traditional store. On Tuesday, a 4-year-old startup called Five Elements Robotics unveiled a device that promises to help with that challenge by putting robots at the service of consumers. Once in …

Visa Inc. says its U.S. EMV credit and debit card volume surpassed 800 million transactions in November, more than quadruple the chip volume from a year earlier. November’s transactions on EMV chip cards hit 805.9 million versus 175.6 million in November 2015, a month after the general-purpose card networks’ EMV point-of-sale liability …

After an active 2015 in which such prominent payments-industry firms as processor First Data Corp. and merchant acquirer Square Inc. completed initial public offerings of stock, 2016 saw little IPO activity by payment firms. But 2017 could be a different story, according to an analyst. The most notable new U.S. …

Consumers are making their shopping, and payments, preferences known this holiday season. They are spending 12% more on e-commerce purchases so far this shopping season than they did in 2015, reports comScore Inc. Consumers have made $49.3 billion in e-commerce purchases from Nov. 1 to Dec. 12 using a desktop computer at home …

Online commerce gets a lot of attention these days, but just how much of the retail economy in North America does it account for? The answer is 7%, according to a report released Tuesday by Boston-based researcher Aite Group. That’s accounting for all e-commerce sales as well as browser-based and …

Citing the difficulties that gas stations are having in retrofitting fuel pumps to accept EMV chip cards, Visa Inc. and MasterCard Inc. are postponing their Oct. 1, 2017, EMV liability shift for U.S. automated fuel dispensers (AFDs) until Oct. 1, 2020. Visa announced the postponement in a blog posting early Thursday. The …

Going too deep into the payments thicket could be a sales killer. Smart agents know when, and how, to explain certain terms. Want a sure way to stunt a sale, perhaps even ensure it can’t be closed? Start talking about payments. Yes, start throwing around the key words and phrases …

By Kevin Woodward@DTPaymentNews U.S. shoppers flooded into stores and online this past weekend—Macy’s Web site crashed on Black Friday from the crush—to find holiday gift deals, with many putting their chip cards to use, though e-commerce spending, where the fraud-prevention feature of the chip is immaterial, continues to increase. In …

Terminal maker Ingenico Group introduced its first Android-based mobile point-of-sale payment device, the APOS. The portable terminal includes a front and rear camera and accepts payments based on EMV, mag-stripe, and near-field communication. Cubic Transportation Systems announced it has been awarded a $4.8 million contract modification from the Maryland Transit …

Visa Inc. disclosed Tuesday that it has modified its chip debit card transaction-routing policies in the wake of the increasing governmental scrutiny the largest payment card network’s routing practices have attracted since EMV chip cards took hold in the U.S. beginning last year. A key change assures merchants that they …