JetBlue Airways Corp. announced Tuesday that it has become the first airline to accept PayPal Holdings Inc.’s popular Venmo payment service for online bookings. Queens, N.Y.-based JetBlue says Venmo currently is available on JetBlue.com, and the service will roll out on the JetBlue mobile app in the coming months. U.S. …

New data from JPMorgan Chase & Co. signals the leading U.S. banking company is on track to retain its title as the nation’s largest merchant acquirer, with volume well in excess of $2.5 trillion flowing through its pipes. A note from a J.P. Morgan Payments spokesperson to Digital Transactions News …

U.S. Bancorp, owner of the big merchant processor Elavon, on Thursday reported merchant-acquiring volume of $142.6 billion in 2024’s fourth quarter, up 5% from $135.7 billion a year earlier. The company processed 2.11 billion merchant transactions in the quarter ending Dec. 31, a 5.5% increase from 2 billion a year …

Discover Global Network continues to expand its international business through a deal with Panamanian payment processor Telered S.A. Telered manages the Sistema Clave, or Clave System, which Discover says is the largest interbank network of ATMs and points of sale in Panama. In business for more than 30 years, Clave’s …

Net sales for payment card producer CPI Card Group Inc. jumped 18% in the third quarter as card issuers boosted orders for credit, debit and prepaid cards and CPI’s services offerings. It was the second straight quarter of sales increases for Littleton, Colo.-based CPI following 7% decreases in the first …

European banks are beginning to roll out a new digital wallet called wero that initially provides account-to-account payments and is expected to be expanded to retail payments as well. If so, wero could prove to be a competitive threat to Visa Inc. and Mastercard Inc., which dominate European payments, raising …

Point-of-sale and payments-platform provider Lightspeed Commerce Inc. said Thursday it is exploring “strategic alternatives” in the wake of reports the company might put itself up for sale. “While it is the long-standing policy of Lightspeed not to comment on market rumors, the company notes the recent media reports concerning a …

The U.S. Department of Justice’s 71-page complaint accusing Visa Inc. of monopolizing U.S. debit networks goes into great detail about the company’s pricing strategies and attempts to get merchants and card issuers to direct their debit business toward Visa. Those efforts have been quite successful. Referring to Visa’s so-called “moat” …

The biggest question the payments industry is wrestling with this week is whether the U.S. Department of Justice is about to sue Visa Inc., apparently over debit card issues. The financial wires were abuzz with speculation Tuesday morning that the DoJ could file an antitrust lawsuit before the day is …

Against a backdrop of continuing industry consolidation, community banks see digital payments as a key competitive weapon, according to newly released survey data from Bank of New York Mellon Corp. “Nearly 30% of those polled indicated that launching new technology services focused on efficiency and security, such as instant payments, …