Thales, a French company known in the payments industry for its digital-identity technology, on Thursday introduced a product that it says will allow visually impaired shoppers to verify the details of a card transaction while standing at the point of sale. The Voice Payment Card, which Thales announced has been …

The swift collapse of the major cryptocurrency exchange FTX hasn’t dampened processors’ interest in striking deals to enable crypto transactions for small and mid-size merchants. In the latest news, ACI Worldwide Inc. early Tuesday said it will enable payments in at least 127 digital currencies for e-commerce merchants served by …

An ongoing controversy regarding consumer losses to authorized but fraudulent transfers on the Zelle peer-to-peer platform has stirred at least some of the country’s biggest banks to work out a range of solutions, including wider adoption of scam defense and detection technology, sources tell Digital Transactions News. This development comes …

A prominent merchant trade group on Thursday began running a TV commercial that uses Visa Inc.’s sponsorship of the FIFA World Cup to decry credit card acceptance fees and advocate for a bill backed by Sen. Richard Durbin, D-Ill., that would regulate those costs. The 30-second commercial, which lays heavy …

The surge in online shopping touched off by the pandemic has turned out to be something of a mixed blessing for smaller merchants. While it brought in a wave of new shoppers, it has also exposed a rising problem with glitchy checkouts at times of high demand, according to a …

As the market for real-time payments continues to develop in the United States—and as the Federal Reserve prepares for a commercial launch of its own real-time network next year—The Clearing House Payments Co. is celebrating the five-year anniversary this month for its own nationwide service. “We keep plowing forward,” Jim …

Merchants in the United States that use Square’s point-of-sale technology and also accept American Express will be getting a credit card from Square in coming months that will run on AmEx’s network. The so-called Square Credit Card is said to be the first credit card the Block Inc. unit has …

Varo Bank early Tuesday announced it has become the first digital neobank to be admitted to the Zelle peer-to-peer payments network. The bank, a unit of the 7-year-old, San Francisco-based Varo Money Inc., said it will now offer payments via Zelle through its mobile app. “Adding Zelle to our product …

Few merchant markets are more competitive these days than hospitality, particularly restaurants, a state of affairs that only gained intensity with the onset of the pandemic. But at the same time, the drive among eateries to install modern payment-processing technology has lent impetus to many point-of-sale technology providers and processors …

Former FIS Inc. executive Bruce Lowthers took over as chief executive of Paysafe Ltd. in May, and since then he’s had to work to steady a stumbling processing giant. His early assessment of his new company wasn’t pretty. “Bluntly, we’ve lost our way here,” he told equity analysts in August. …