PayPal Holdings Inc. Tuesday announced its Fastlane By PayPal checkout service is now officially available to merchants of all sizes in the United States. PayPal began piloting Fastlane, which speeds guest checkout by allowing online shoppers to complete a purchase in one click, earlier this year with BigCommerce Inc. merchants. …

Bitcoin Depot Inc. has added more than 1,500 merchants across six more states to its BDCheckout program, which allows consumers to load cash into their Bitcoin Depot wallets at participating merchants. The expansion brings the number of BDCheckout merchants to 7,723 in 31 states. The new states into which Bitcoin …

Block Inc.’s top management late Thursday said the company’s focus for the remainder of the calendar year is on enhancing its go-to-market strategy. That means improving sales, boosting partnerships, sharpening marketing, and product innovation, Block chief executive Jack Dorsey said during the company’s 2024 second-quarter earnings call. Dorsey lost no …

Chase, the banking arm of JPMorgan Chase & Co., has expanded its relationship with third-party delivery service DoorDash Inc. to non-restaurant merchants. The deal will enable Chase Sapphire and other eligible Chase cardholders to receive recurring benefits on orders from more than 150,000 grocery, convenience, and non-restaurant stores in the …

Stripe Inc. has partnered with Newline by Fifth Third, a provider of embedded payments from Fifth Third Bank, to expand embedded financial services for Stripe’s platform users and their customers. Newline by Fifth Third’s API-based platform allows businesses to launch and scale payment, card, and deposit products directly with Fifth …

The Consumer Financial Protection Bureau has issued a report highlighting what the agency calls “junk fees” charged by processors when parents add money to students’ school-lunch accounts. Such fees cost families upwards of $100 million a year, according to the CFPB. In its study, the CFPB found that, on average, …

Financial technology provider Kasheesh Inc. on Thursday launched a virtual card that allows consumers to split payments for online purchases across up to five existing credit, debit, and prepaid cards. The card is intended to provide an alternative to buy now, pay later loans.  The Mastercard-branded card can be loaded …

Growth in contactless and peer-to-peer payments, e-commerce, and value-added services were among the highlights discussed with stock analysts late Tuesday during Visa Inc.’s third-quarter earnings call for the card company’s fiscal year 2024. Visa’s Tap-to-Pay contactless payments technology has penetrated multiple markets, accounting for 80% of all face-to-face Visa transactions …

Demand for digital-payment and embedded-finance technology is growing in the United States, especially among Gen Z and Millennials, says a report from payments platform Marqeta Inc. The demand is being driven largely by the lower adoption of contactless payments and mobile-banking apps in the U.S. compared to the United Kingdom …

For the second consecutive quarterly earnings call, executives at Discover Financial Services had little to say about the company’s financial performance, plans going forward, or anything else. With a proposed $35.3-billion merger with Capital One Financial Corp. hanging over them, Discover executives again took no questions, and equity analysts were …