News

July, 2025

• 15 July

  Chargebacks Are Costing Merchants More As Consumers Look to Their Bank First to Resolve Disputes

  

  Chargebacks cost U.S. merchants more than $170 billion annually, according to Chargebacks911’s 2025 Cardholder Dispute Index. The average dollar value of a transaction disputed with a consumer’s bank over the prior 12 months was $84, a 10.5% increase from 2024. The top reason for chargebacks is unauthorized transactions on a …
• 15 July

  Block Launches Tap to Pay on iPhone for Sellers Using Cash App

  

  Block Inc. Tuesday announced businesses using Block’s Cash App iOS app can process contactless payments directly on an iPhone using Apple Inc.’s tap-to-pay on iPhone technology. The new service comes as early testing indicates sellers using the technology have seen a 35% rise in purchase volume by comparison to merchants …
• 15 July

  Adyen’s Next POS Terminal Client and other Digital Transactions News briefs from 7/15/25

  

  Payments processor Adyen said it will provide its SFO1 point-of-sale terminal to Joe & The Juice, a juice bar and coffee merchant. Payments provider Valor PayTech announced an integration with retailcloud, which makes cloud-based retail software, that will ease the hardware and software setup for retailers. Euna Solutions launched PayCenter, an online payment portal for …
• 14 July

  Amazon Closes the Books on Record-Setting Prime Day Sales

  

  Online shoppers spent a record $24.1 billion during Amazon.com Inc.’s annual Prime Day sales event, a more than 30% increase from a year ago, according to data compiled by Adobe Analytics, which tracks the epic sales event. The final sales tally for the four-day extravaganza was more than twice what …
• 14 July

  Zelle Adds 178 Financial Institutions in Six Months

  

  Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday. Zelle, launched in 2017 by Early Warning Services LLC, says this bumps to more than 2,300 the number of financial institutions that offer the service. Zelle …
• 14 July

  Pappas Picks Tabit l and other Digital Transactions News briefs from 7/14/25

  

  Pappas Restaurants said it has selected Tabit as its core technology provider for all of its dining chains. These include Pappadeaux’s Seafood Kitchen, Pappasito’s Cantina, Pappas Bros. Steakhouse, and Pappas Bar-B-Q. The offering includes a heavy emphasis on a mobile point of sale. Fiserv Inc. announced it has added workforce-management capabilities to its …
• 11 July

  Caesars Sportsbook Adds a Digital Wallet to Its Betting App

  

  Caesars Sportsbook is rolling out a universal digital wallet for its mobile betting app that will allow Nevada-based users to fund their wagers directly from their smart phones or tablets. Users will also be able to manage their funds and Caesars rewards through the wallet and track their activity across …
• 11 July

  A Suit Is Dismissed Claiming Apple, Mastercard, And Visa Worked to Hold Fees in Place

  

  An Illinois merchant’s allegations that Apple Inc., Mastercard Inc., and Visa Inc. worked to artificially maintain pricing by agreeing to funnel Apple Pay transactions via the two card networks was dismissed this week by a judge in the U.S. District Court for the Southern District of Illinois. Filed in December …
• 11 July

  Helcim’s Latest Smart POS Terminal and other Digital Transactions News briefs from 7/11/25

  

  The point-of-sale provider Helcim Inc. launched Smart Terminal, a handheld POS device aimed at smaller merchants. Under a new agreement, acquirer Sona said it will offer merchant services to businesses that are members of Vancity, said to be one of Canada’s largest credit unions. Sona was acquired last year by Celero Commerce. The law …
• 10 July

  Powering the Next Generation of Payment Monetization: Maverick Payments Empowers ISVs with a White-Labeled Payment Stack

  

  The payments landscape is rapidly evolving, moving beyond simple transaction processing to a holistic ecosystem of financial services. Maverick Payments is championing a new era for Independent Software Vendors (ISVs), providing them with a robust, white labeled payment stack designed to unlock significant monetization opportunities and enhance customer stickiness. “We’re …