POS and Retail

If merchants in the U.S. took a cue from their counterparts in Australia and began making consumers pay a surcharge for credit card transactions, it would attract more backlash than revenue.

Cutting out every step except one—opening the app—Domino's Pizza has introduced what may be the most streamlined approach yet to ordering and paying for delivery with its Zero-Click Ordering app, which launched this week for iOS and Android.

Mobile payment users are set to soar in the coming years and this is the chief reason competitive businesses need to get on board.

Citi has expanded its ThankYou Rewards program to allow its reward points to be used directly for purchases at BestBuy.com.

Some retailers falsely think that if they are using EMV chip credit cards that they have eliminated any chance of security breaches at the register since the EMV approach is stronger than conventional credit cards.

A data encryption method that Heartland Payment Systems CEO Robert Carr swears by has received high-level acceptance as part of a new standard.

Rather than increased emphasis on the card, or even the way we pay, more needs to be done to secure the terminal through which the transaction is processed.

Bank of America's electronic payments processing arm has created a European unit based in London.

Instant electronic payments are a sine qua non of modern life. Real-time card-authorization systems were implemented in the mid-seventies and, in an era of mobile ubiquity, enable commerce anywhere, anytime. In contrast, payments between bank accounts generally aren't instant.

Amazon's new global partner program focuses on working with online platform providers and developers, similar to how mainstream payment technology companies work with independent sales organizations to reach new clients.

Verifone is hoping to beat the payments disruptors at their own game, introducing a mobile point of sale terminal for quick-service businesses, small retail shops and cafés that integrates payments with other consumer services.

When Starbucks’ new loyalty program rules go into effect this month, it will set the stage for a wave of new payments innovations with intriguing benefits for the coffee giant and its payments processing partner, JPMorgan Chase.

In order for mobile payments to be successful, there has to be a sustained effort to communicate the worth and educate both the consumer and the merchant.

Amazon.com Inc.'s relaunch of its online payments business in 2013 was greeted with skepticism. PayPal Holdings Inc. had a huge head start and credit card companies like Visa Inc. already had products that made buying something on the Web as easy as swiping a card.

More than two-thirds of all U.S.-issued MasterCard consumer credit cards are now chip-enabled and the number of merchants accepting EMV transactions continues to climb, MasterCard said March 31.

The migration to EMV chip cards in the U.S. has hit enough snags that some may wonder if it's better to let someone else smooth things out.

Mobile wallets and related technologies are starting to look very different. Whether they are absorbed into other mobile offerings or removed from the phone altogether, these systems are looking less and less like the old-fashioned billfolds they replace.

In one of its biggest splashes since first making Amazon Dash Button payments available nearly a year ago, the Seattle-based online shopping giant says it has tripled the number of brands that support its WiFi instant ordering system.

First Data Corp. paid Chief Executive Officer Frank Bisignano $51.6 million in 2015, almost twice what his former boss, JPMorgan Chase & Co. CEO Jamie Dimon, received last year.

The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.