Toronto-based nanopay Corp. is making MintChip, a digital currency it acquired in 2015 from the Royal Canadian Mint, available to merchants looking for a lower-cost payments channel by leveraging digital cash.
Verifone is focusing more on operating an open platform in which third-party developers and financial partners could build within Verifone point of sale network parameters.
The service only became available to customers around the third week of June, which is much later than the timeline Discover initially laid out for Samsung Pay’s availability.
Amazon's $13.7 billion acquisition of Whole Foods will make it a force to be reckoned with in the grocery vertical, but its rivals have been preparing for this day for a long time. Here are some of the biggest competitive threats to Amazon's digital take on food sales.
The digital wallet market is expanding quickly, giving banks a chance to cement customer relationships by offering their own apps, writes Mike Lynch, chief strategy officer at InAuth.
Moves like Amazon Go and the e-commerce giant's acquisition of Whole Foods require banks to abandon their "defensive" innovation posture, write Richard Oglesby and Brad Margol from AZ Payments Group.
E-payments are growing fast in China, but a one-size-fits-all approach won't be a winner for merchants, writes Franklin Chu, a managing director at Azoya International.
India’s largest digital-payments company, Paytm, is seeking a license to set up a money market fund where users can store cash and earn interest, in competition with the country’s banks, according to a person familiar with the matter.
