Monday , January 27, 2025

Peter Lucas

Bold Commerce Adds PayPal Integrations for Merchants Using OpenCart And Gravity Forms E-Commerce Platforms

Bold Commerce Inc., a developer of e-commerce checkout software, has added two integrations to OpenCart and Gravity Forms to enable small and mid-size businesses using those platforms to accept any PayPal payment option, including Fastlane and Venmo.   OpenCart is a free, open-source platform for building and managing online stores. Gravity Forms …

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Merchants Are Turning to Credit Card Surcharges As Processor Satisfaction Declines, J.D. Power Finds

Merchants are increasingly levying surcharges on purchases made with credit cards to help offset processing fees, a new study from J.D. Power finds. Some 34% of merchants surveyed are adding surcharges for credit card transactions, the study says. The study also found that flat-rate pricing lends merchants greater impetus to …

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Maryland Is the Latest Batter to Take a Swing at Regulating Interchange on Sales Tax and Tips

The Maryland legislature held a hearing late Tuesday on a bill prohibiting interchange from being charged on sales tax and gratuities linked to credit and debit card transactions. The bill, introduced by Delegates Todd Morgan and Brian Crosby, is the latest in what is expected to be a flurry of …

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Agilysys Brings Integrated Payments to Kiva Dunes Resort; Cantaloupe Launches Ladder Pricing For Arcades

Agilysys Inc., a provider of hospitality solutions, is implementing 13 integrated software solutions at Kiva Dunes, a golf resort located in Gulf Shores, Ala., intended to optimize per guest revenue, automate administrative tasks, and improve the guest experience. Agilysys’ applications, which includes point-of-sale software, will eliminate repetitive administrative tasks across …

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Debit Cards, Real-Time Payments Favored by Online Sports Bettors, Paysafe Finds; Nuvei’s New U.K. Gaming Platform

Debit cards remain the preferred payment for online sports bettors, with 42% of bettors saying they use debit cards to fund their accounts, according to Paysafe Ltd.’s annual All the Ways Players Pay report. It is the third consecutive year debit ranked as bettor’s preferred payment method. Digital wallets were …

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AmEx Settles With The DoJ Over Deceptive Marketing Practices; Shift4 Fined By The SEC

American Express Co. reached an approximately $230 million settlement with the Department of Justice late Wednesday over allegations the card company engaged in deceptive marketing practices. The DoJ claims that AmEx’s deceptive marketing practices for its credit card and wire transfer products violated the Financial Institutions Reform, Recovery and Enforcement …

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Block Agrees to Pay CFPB Fines Over Cash App’s Alleged Sloppy Fraud Prevention

Block Inc. reached an agreement with the Consumer Financial Protection Bureau early Thursday under which it will pay up to $175 million in restitution for what the CFPB claims were sloppy and misleading fraud-prevention practices used by Block’s Cash App. Under the terms of the agreement, Cash App has agreed …

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Gateway Funnel Pros Integrates With WooCommerce to Serve High Risk Merchants

Gateway Funnel Pros, an alternative payment gateway specialist for merchants selling high-risk, regulated, or restricted products, has launched a payment gateway and merchant-account services for WooCommerce merchants selling health and wellness products, such as supplements, that some gateway providers may consider to be high-risk products. The integration will enable WooCommerce …

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A CFPB Study Weighs in on the Buy Now, Pay Later Trend

Consumers with subprime or deep subprime credit scores accounted for the majority of buy now, pay later originations from 2021 to 2022, a report by the Consumer Financial Protection Bureau finds. Within those two subsets, 45% of BNPL loans during that period were taken out by consumers with deep subprime …

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Eye on Networks: FreedomPay Teams Up With Mastercard; Bluefin Partners With Visa

Payments platform FreedomPay has partnered with Mastercard Inc. to provide businesses with a global payment gateway that it says streamlines sellers’ ability to connect with acquirers, enables them to accept a wider range of payment methods, and simplifies cross-border transactions. The partnership will provide access to more than 230 acquirers …

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