Mobile payments just keep branching out and becoming more popular, with more and more merchants adding options to use smartphones and contactless payments. Chase Pay is the latest mobile wallet app to add new merchants to their lineup: global restaurateur HMSHost and Parkmobile are the newest additions to the Chase Pay family.
HMSHost is the leading food and beverage provider for travel venues, operating almost 2,000 restaurants in airports and highway rest stops. Brands such as California...
Merchants may be reluctant to make their customers jump through hoops in order to pay them for their purchases, but when it comes to payment security, a new report indicates that consumers don’t mind.
People are willing to do more to protect themselves from falling victim to fraud, according to the 2016 American Express Digital Payments Security Survey.
For example, 78% of survey respondents said they would enter a security code for their credit card when buying something online, but...
For years, the United States has lagged behind other countries when it comes to payment security. EMV cards, also called chip-enabled cards, or chip-and-PIN cards, are standard across Europe and Asia, but haven’t caught on as quickly in the U.S. This is despite the fact that they are more secure than traditional magnetic stripe cards, and also in spite of the numerous data breaches that have compromised consumer payment information over the last year.
As of October 1, 2015, banks have...