Bloomberg News

The company hopes to build off of its successful mobile app by adding new ordering technology. A massive international expansion of its store footprint is also in the works.

JPMorgan Chase & Co.’s new Sapphire Reserve credit card will reduce the bank’s profit by $200 million to $300 million in the fourth quarter, according to Chief Executive Officer Jamie Dimon.

A Johannesburg startup is set to become the first company ever to manufacture smartphones in Africa, taking advantage of low costs and growing local demand to build handsets, tablets and other devices based on Google Inc.’s Android system.

Beacon technology, which was practically left for dead after failing to deliver on its promise to revolutionize the retail industry, is making a comeback.

Lines are nothing new in Venezuela, where the economy is shattered. Now added to the indignities of daily life in a country desperately short on most everything except crime is the ATM hustle, as banks crack down on what customers can take out.

Howard Schultz, who built the coffee empire over the past three decades and served two separate stints as CEO, will step down next year, handing the reins to technology veteran Kevin Johnson.

Visa Inc. pushed back its deadline for installing chip-card readers in U.S. gasoline pumps after station owners complained they didn’t have enough time to complete the multibillion-dollar upgrades.

Ant Financial’s attempt to add a social-network function to China’s biggest payments platform has backfired.

Apple Inc. scored a victory in the global battle to control the future of mobile payment technology after the Australian competition regulator refused to grant a group of local banks permission to negotiate collectively over the introduction of Apple Pay.

Stripe Inc. raised new financing that values the startup at about $9 billion, cementing its status as a major player in the crowded digital payments space and heralding a possible initial public offering.