American Express Co. expects its pilot program enabling cardholders to add their payment information at participating online merchants will please cardholders and make for smoother checkouts. The pilot, announced Thursday, allows AmEx cardholders to add or update their card information and store it for use at a participating merchant through …
Read More »Visa Prepares to Launch Account-to-Account Payments in Europe—Starting in the U.K.
Visa Inc. announced early Thursday it will launch account-to-account (A2A) payment capabilities in the United Kingdom in early 2025. The move will allow U.K. consumers paying bills to do so directly from their bank account, as opposed to paying by check, cash, or card. Visa’s plans for the service, called …
Read More »With Paysemble, Opus Looks to Simplify Payment App Integration
Payments-technology provider Opus Technologies Inc. has launched Paysemble, a suite of apps that are meant to streamline payment integration for financial institutions and merchants. A cloud-based solution, Paysemble allows businesses to consolidate payments from multiple channels through interoperable message hubs, configurable security, and batch processing. As a result, businesses can …
Read More »Jack Henry Partners With Moov to Streamline Payments for Small Businesses
Jack Henry & Associates Inc. has partnered with payment processor Moov Financial Inc. to enable financial institutions to offer small and medium-size businesses enhanced digital-payment services. The partnership is expected to help financial institutions attract more smaller businesses as clients and strengthen existing relationships with such sellers by providing for …
Read More »Blame High Swipe Fees for Stores’ Cash-Back Charges, a Merchant Group Says
High card-acceptance fees are the root cause for why some merchants are charging consumers for cash back at the point-of-sale, a service merchants have historically provided consumers even though customers can make purchases with their debit cards at no charge, says the Merchants Payment Coalition. Driving the trend is that …
Read More »PayPal Looks to Fiserv To Smooth Connectivity to Its Payment Options, Including Fastlane
PayPal Holdings Inc. has expanded its relationship with the big processor Fiserv Inc. to make its payment options more readily available to Fiserv clients in the United States. The move with Fiserv is expected to simplify connectivity for Fiserv clients to PayPal and Venmo payment apps and make it easier …
Read More »Apple Eyes a Return Via Zip; Sezzle Teams With Liberis to Reach Merchants
Apple Inc. is reportedly mulling a return to the buy now, pay later sweepstakes in the United States through a partnership with Zip Co. Ltd, an Australian digital financial-services company. ZIP’s chief executive, Cynthia Scott, acknowledged the two companies are in talks, according to MacDailyNews. Apple abandoned BNPL operations in June …
Read More »Cantaloupe Deepens Its Foray Into Sports And Entertainment With a Suite Ordering App
Cantaloupe Inc. has strengthened its hand in the highly competitive market for payments at sports and entertainment venues with the launch of Suites, an order-management application designed for such venues, on Cantaloupe’s Cheq platform. Cantaloupe developed the new app as a way to make it easier for guests in stadium …
Read More »Shift4 Lays Out $148 Million in Cash for Gift Card Platform Givex
Shift4 Payments Inc. announced Monday it has agreed to acquire Givex Corp., a provider of gift card, e-gift card, loyalty, and POS solutions in an all-cash transaction valued at $200 million Canadian, or $148 million U.S. The acquisition of Toronto-based Givex, which services the restaurant and retail industries, will add …
Read More »A Crypto Exchange Adds Apple Pay And Google Pay As Payment Options
Bitget, a cryptocurrency platform that allows investors to buy and trade cryptocurrencies and altcoins, has expanded the payment options for its digital wallets to include Apple Pay and Google Pay. The addition of Apple Pay and Google Pay, which have a combined user base of more than 650 million, is …
Read More »