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Stop & Shop Adds Online EBT Shopping in Four States

Stop & Shop, a New England grocer with more than 400 stores, said it is enabling online orders for pickup and delivery for customers using electronic benefits transfer payment services in four states. The Quincy, Mass.-based grocer, which is owned by Ahold Delhaize USA Co., said consumers using SNAP (Supplemental …

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A Settlement Will Allow App Store Developers to Offer Payment Options Beyond Apple

Apple Inc. will permit developers of applications for its App Store to tell customers by email that they can pay for products and services by means other than Apple’s own payment platform, according to a preliminary settlement announced Thursday. The settlement apparently will let developers skirt what are said to …

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BBQ Holdings Picks Blackhawk’s Gift Card Program and other Digital Transactions News briefs from 8/27/21

BBQ Holdings Inc., owner of Famous Dave’s, Village Inn, and Granite City Food & Brewery, selected Blackhawk Network Holdings Inc. to provide online and in-store gift card products.Integrated-payments provider EngageSmart LLC announced it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its common stock.Klara, …

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InComm and doxo Team Up to Digitize Cash Payments for Billers

While consumers’ use of digital channels to pay bills has risen during the Covid-19 pandemic, one area of bill payment that has lagged in the transition to digital payments is billers that accept cash payments, such as utilities. On Thursday, payment-technology provider InComm Payments and bill-payment platform doxo Inc. announced they …

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Stablecoins Join International Relief Efforts As Circle’s Platform Backs Aid Distribution

Stablecoins are coming to international disaster aid with the announcement Thursday that Ireland-based AID:Tech, a 5-year-old financial-services company specializing in relief distribution around the world, will work with Circle Internet Financial LLC to distribute aid via USD Coin, whose value is tied to the U.S. dollar. “Collaborating with AID:Tech to …

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LaCore To Offer Sezzle to Merchants and other Digital Transactions News briefs from 8/26/21

Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the …

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Questions Loom Over What Caused the TSYS Outage And the Fallout From It

Nearly four days after mega-processor Total System Services’ platform went offline, independent sales organizations that use the TSYS platform remain in the dark as to how and why the outage occurred. The outage, which has been described as a nationwide event for TSYS, occurred Saturday night and prevented TSYS, as …

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Card Spending Surges in the Wake of Covid-Induced Shifts in Consumer Behavior

Out of the gloom surrounding the U.S. economy since the onset of Covid-19 comes a report that consumer spending on credit and debit cards is not only robust, but also stronger than it was even two years ago. Dollar volume on payment cards in July was 21% higher than in …

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Clover Adds Grubhub Integration and other Digital Transactions News briefs from 8/25/21

Fiserv Inc. announced an integration between its Clover point-of-sale technology and the business-management platform Grubhub in an effort aimed at helping independent restaurants manage and fulfill online orders.Payments provider Fattmerchant Inc. said its Stax platform is working with TimeSolv, a firm-management service for law practices, to manage billing and invoicing, and process payments, …

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The Latest LexisNexis Report Finds the Cost of Fraud Is On The Rise Since the Pandemic Set in

The cost of fraud to merchants has risen since the onset of the Covid-19 pandemic. Each $1 in fraud costs retailers in the United States $3.60 in total expenses, compared to $3.13 pre-pandemic, according to LexisNexis Risk Solutions’ “True Cost of Fraud” study for e-commerce and retail merchants. U.S. e-commerce …

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Fiserv Expands Vending Operations Across Europe in a Deal With Operator Selecta

Fiserv Inc. is rolling out payment-acceptance technology to food-and-beverage vending machines in multiple markets across Europe in a move that supports mobile wallets as well as global and local payment cards. Selecta Group, operator of the machines, says its network supports devices in 16 countries selling snacks, meals, and coffee …

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Installment Payments Arrive for Rent and other Digital Transactions News briefs from 8/24/21

Till Inc., a rental payment provider, announced four new features enabling tenants to pay rent. One, Budget and Save, enables tenants to allocate rent in smaller installments for their entire rent prior to the due date. Landlords still receive the full rent amount on the due date. Another feature, Rewards …

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PayPal Expands Its Cryptocurrency Strategy Outside the U.S. With a Thrust Into the U.K.

As part of its strategy to be a leader in digital currencies, PayPal Holdings Inc. on Monday announced it will enable users in the United Kingdom to buy, hold, and sell cryptocurrency through their PayPal wallets. The move marks the first expansion of PayPal support for cryptocurrency outside the United …

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An Acquisitive Paysafe Strikes a Deal to Acquire viafintech, a German Payments Provider

Fresh off a pair of acquisitions in the Latin American market, Paysafe Group Holdings Ltd. over the weekend announced a major move into the European Continent with a deal to acquire viafintech, a neobank and payments provider based in Berlin, in an all-cash transaction. Terms were not announced. The deal …

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Delivery Delays Spawn 45% of Chargebacks and other Digital Transactions News briefs from 8/23/21

Of 500 companies that process at least 500 online monthly transactions, 58% say their chargeback rates have gone up since March 2020, and of these, 45% say the biggest reason likely is delivery delays, according to a survey by fraud-prevention technology firm Kount, a unit of Equifax Inc.Payment processor EirthPay announced its launch. …

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REGO Will Introduce a New Version of Its Mobile Wallet for Teens And Kids

REGO Payment Architectures Inc. said Friday it will make version 3.0 of its Mazoola mobile wallet app and virtual debit card available in the Apple Store on Aug. 27. The Mazoola wallet is designed to help parents empower their kids to learn how to manage money in a digital world …

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E-Commerce Loses Some Momentum As Sales Slowed Down in the Latest Quarter

The boom in e-commerce, which was touched off more than a year ago by the coronavirus pandemic, may be showing signs of losing steam. U.S. e-commerce sales in the second quarter totaled $222.5 billion, up 9.1% from the same quarter a year ago, according to numbers released Thursday by the …

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PayZen’s Hospital Bill Payment Plan and other Digital Transactions News briefs from 8/20/21

Working with fintech PayZen Inc., the Geisinger Hospital system is launching a plan that allows patients to make payments over time at zero interest. The plan requires a minimum unpaid balance of $250 after insurance payouts.Mobile-parking app provider PayByPhone said its service now works with more than 2,400 spaces across the campus of …

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GoCardless And Piano Partner to Help Publishers And Brands Drive Recurring Revenue

As part of its strategy to enable merchants to access direct debit payments through software they use already, GoCardless, a London-based provider of account-to-account payment solutions, is partnering with analytics and activation-platform provider Piano to deliver debit capabilities on the automated clearing house network to publishers and brands. The ability …

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Mastercard’s Credit Card Fees Find Themselves in the Cross-Hairs of a U.K. Class Action

While the two global payments networks have been embroiled in a controversy over merchant debit card fees in the U.S. market, they also face trouble in the United Kingdom over an even bigger issue: credit card interchange fees. That fact was thrown into relief early Thursday when Reuters reported the …

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Digital Transactions