Acquiring

Shift4 Payments Inc. has reached an agreement to become the processor for timeshare rental and resale marketplace RedWeek.com. Under the terms of the deal, Shift4 will process RedWeek.com’s timeshare rental and membership transactions, handle direct customer billing and recurring payments, and manage chargebacks, fraud, and reporting capabilities. A competitor to …

Fitli, an independent software provider for fitness professionals, has selected Usio Inc. for payments processing. Prepaid card specialist Blackhawk Network has agreed to launch “Gift Card Malls” inside airport and casino shops operated by WH Smith North America. Three unnamed central banks are testing a method from international money-transfer platform Swift to enable interoperability …

In an expansion of its existing processing relationship with PayPal Holdings Inc., ride-sharing technology provider Uber Technologies Inc. will begin making use of PayPal’s domestic debit network routing in the United States and other markets and enable Uber drivers to receive wages directly in their PayPal and Venmo wallets. PayPal …

E-commerce platform Wix.com Ltd. looks to make it easier for its merchants with stores to accept physical payments with the debut of Tap to Pay on Android. The technology, coming from Stripe Inc., means merchants can accept contactless payments with a regular Android smart phone and no additional hardware. Tap …

Some 90% of businesses are “concerned” about whether they will be able to meet a March 2025 deadline for compliance with PCI DSS 4.0, a newly updated payments-security standard, according to a survey from payments-security firm Bluefin and S&P Global Market Intelligence. The survey was conducted during the second quarter and included …

Buy now, pay later specialist Zip Co Ltd. said it is working with Primer, a payments and commerce provider, to expand and optimized its payments stack. The troubled cryptocurrency exchange FTX is seeking to reclaim millions in payments it made to celebrities and sports personalities prior to its November bankruptcy filing. Merchant services provider PayBright named …

The Consumer Financial Protection Bureau late Thursday released a report raising questions about the part restrictions imposed by big technology firms like Apple Inc. and Alphabet Inc’s Google subsidiary may play in hampering innovation, consumer choice, and the growth of open and decentralized banking and payments in the U.S. The …

Block Inc.’s Square and Cash App units began experiencing system outages late Thursday, according to news reports. Cash App’s outage reportedly affected peer-to-peer payments, cash-ins, and cash card transactions. At Square, engineers reported early Friday they were deploying a solution. Point-of-sale system maker iPOS Systems has enabled Tap to Pay on iPhone for U.S. …

Monthly global ransomware attacks hit an all-time high in March, totaling 460. That’s a 62% increase from the same period a year earlier, and a 91% increase from the prior month, according to the fall edition of Visa Inc.’s 2023 Biannual Threats Report. Leading causes for ransomware attacks are criminals …

Though not as credit and debit card friendly as some industries, the legalized cannabis industry continues to create opportunities for payments companies. Among the latest developments are the release of POSaBIT Systems Corp.’s latest point-of-sale system and a new program from Organic Payment Gateways. Bellevue, Wash.-based POSaBIT says its POSaBIT …