WooCommerce is making Affirm Holdings Inc. its default buy now, pay later payment option, the e-commerce platform provider announced early Thursday. WooCommerce has offered Affirm as a payment option since 2015. In 2022, WooCommerce began offering Affirm to its merchants in Canada.  As part of the deal, eligible merchants will …

Consumers may not be racking up more revolving credit card debt than they did in 2023, but their ability to pay their bills on time is coming under pressure, according to a report released early Thursday by J.D. Power. Consumers say they are having a harder time paying their bills, …

The Consumer Financial Protection Bureau early Wednesday released a circular to law-enforcement agencies warning that operators of credit card rewards may be violating a prohibition against unfair, deceptive, or abusive acts or practices by devaluing earned credit card points and airline miles. The CFPB issued the circular in part due …

Visa Inc. announced it dealt a significant setback to fraudsters hoping to cash in on Cyber Monday, the busiest online-shopping day of the year, by stopping about 85% more suspect transactions than it did a year earlier. The increase in fraud prevention is significant, as suspect transactions rose 200% globally …

Department-store chain Bealls Inc. is adding buy now, pay later as a payment option at its more than 650 stores nationwide. The provider is Minneapolis-based Sezzle Inc. The Bradenton, Fla.-based chain, which operates stores in 23 states, says it is adding the payment option to provide holiday shoppers more flexibility …

Ackroo Inc., a Canadian gift card and loyalty platform, announced early Friday it has reached a “definitive” agreement to be acquired by Paystone, a Canadian-based gift card and loyalty processor, in an all-cash deal for $21 million. Paystone will acquire all of the issued and outstanding shares of Ackroo at …

Slope, a provider of buy now, pay later solutions for business-to-business transactions, announced early Thursday it will use Marqeta Inc.’s card-issuing platform to issue a B2B credit card that features BNPL payment options. The card is expected to make it easier for businesses to manage purchases and cash flow by …

HungerRush, a provider of restaurant-management and online-ordering solutions, has sought to strengthen its hand in the highly competitive restaurant point-of-sale market with the launch of a new order-management application. Called Order Notifications, the app automates order status by automatically sending customers text updates on the status of delivery and pickup …

SurgePays Inc. is integrating its ClearLine marketing platform with Fiserv Inc.’s Clover point-of-sale technology set. The integration will enable small and mid-size merchants to deliver marketing and customer-engagement strategies at the point-of-sale. The integration adds value to independent sales organizations’ offerings by providing advanced marketing capabilities at the point of …

DataVisor Inc., a fraud- and risk-management solutions provider, early Monday announced the launch of an artificial intelligence-based platform that measures hot spot, distinct count, and high-frequency data in real time. The ability to measure these three data points in real time helps speeds the identification of potential fraud threats, which …