Michigan consumers enrolled in Meijer Inc.’s mPerks rewards program saved nearly $200 million the past year, the Grand Rapids, Mich.-based supermarket chain announced late Thursday. To encourage consumers enrolled in mPerks to shop more often this summer, Meijer is offering customers the opportunity to earn 30 points on every gallon …
Read More »Wyndham Franchisees Tap Into Elavon’s Cloud-based Technology
Elavon Inc. announced Thursday it is expanding its two-decades-old-relationship with Wyndham Hotels & Resorts by making its Cloud Payments Interface available to more than 6,000 Wyndham franchisees in the United States and Canada. The scalable, cloud-based technology supports mobile check-in, reduces overhead costs, and minimizes security issues, the Atlanta-based merchant-services …
Read More »Early Warning’s Paze Gets a Big Boost From Fiserv
Fiserv Inc. announced late Tuesday it will begin offering Paze, the online-payment system from Early Warning Services LLC, to financial institutions. Fiserv will, in addition, support Paze across its e-commerce payments platform. The collaboration with Fiserv is expected to help Paze significantly expand its reach to banks and credit unions …
Read More »U.S. Consumers Embrace Digital Remittances, According to Visa Research
Some 55% of remittance-sending consumers expect to send more or the same amount of money overseas in 2025, says Visa Inc.’s “2025 Digital Remittances Adoption Report.” In 2024, global remittances totaled $905 billion, up from $865 billion in 2023, according to the World Bank, a 4.6% increase. In the United …
Read More »Cantaloupe Will Be Acquired by 365 Retail Markets in an $848 Million Deal
365 Retail Markets LLC, a provider of self-service commerce technology, has entered into an agreement to acquire Cantaloupe Inc. in an all-cash deal for $848 million in a deal that will take Cantaloupe private. Cantaloupe shareholders will receive $11.20 per share, a 34% premium. The deal is expected to close …
Read More »Millennials Favor Payment Options That Match Their Mobile-First Lifestyles
When it comes to payments, Millennials want options that match their mobile-first lifestyle, such as mobile wallets, says a study by payments platform provider PXP Financial Ltd. Overall, 56% of Millennials—generally those born between 1981 and 1996—use a mobile device daily. Apple Pay is one of the most popular mobile …
Read More »The CCCA Goes Into Limbo As a ‘Clean’ GENIUS Bill Advances
Efforts to attach the Durbin-Marshall Amendment to the proposed GENIUS Act, a bill to regulate stablecoins, have failed. The Senate moved late Wednesday to advance the stablecoin bill without any amendments. Efforts to attach the amendment, which is the latest version of the Credit Card Competition Act, to the GENIUS …
Read More »PNC Launches an Acceptance App for Micro-Merchants
PNC Bank early Wednesday announced the launch of PNC Mobile Accept, a card-acceptance solution for micro-merchants. The app allows very small merchants to accept card payments using their mobile phones or tablet computers without a requirement for external hardware and without paying monthly subscription fees, the bank says. The app …
Read More »Friction Hobbles Toll Payments, a Study Finds, While PayRange Brings Cashless Payments to More Laundromats
Friction when attempting to pay a past-due road toll online is the leading reason consumers don’t pay overdue tolls, not an unwillingness to pay, says a report from PayNearMe Inc. Among the key findings in the report from the Santa Clara, Calif-based fintech is that 39% of drivers reported difficulty …
Read More »Synchrony And OnePay Team Up for a Walmart Credit Card Program
OnePay, a New York City-based fintech, is partnering with Synchrony Financial to launch a credit card program for Walmart Inc. The program, which will debut in the fall, will offer a general-purpose Mastercard credit card and a private-label Walmart card. Walmart expects the deal to provide a better customer experience when …
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