DoorDash Inc. has added 13 grocery-store chains to its platform that will accept electronic benefits transfer and SNAP cards for payment. The list of grocers—which includes, ACME Markets, Food City, Hy-Vee, Jewel-Osco, Kings Food Markets, Pavilions, Randalls, Shaw’s, Sprouts Farmers Market, Star Market, Stater Bros. Markets, Tom Thumb, and Vons—comprises …
Read More »
With the proliferation of smart phones, mobile wallets have been specializing in recent years as businesses find ways to work them into their payments stream and consumers find the devices impossible to leave behind. Now, mobile payments are coming to the world of electronic games in bars and restaurants. TouchTunes …
Read More »
Processor Elavon, a unit of U.S. Bank, said it will provide a payments platform to BMO. In addition to payment services for credit, debit, and digital payment transactions, Elavon’s services to the bank include customized merchant processing services, omnichannel acceptance, fraud management, and dynamic and multi-currency conversion. Processor Stripe Inc. added support for Apple …
Read More »
As online shopping continues to stitch itself into consumer behavior, efforts to reduce chargebacks also advance. The latest is Riskified’s Auth Rate Enhance service that can pre-screen orders and provide more information for its customers to make a go-no-go decision on digital orders. Auth Rate Enhance, a component of Riskified’s …
Read More »
Payments-technology provider Priority Technology Holdings Inc. posted record revenue of $755.6 million in 2023, up 13.9% from the previous year. The year was capped off by a record fourth quarter, during which Priority posted revenues of $199.3 million, a 12.2% increase from the same period a year earlier. In both …
Read More »
Mastercard Inc. released Smart Subscriptions, a service to help issuers provide subscription-management tools to their cardholders. In related news, Recurly Inc., a subscription-services provider, released its consumer software subscription benchmark report. The Smart Subscriptions service builds on Mastercard’s Subscriptions Control product, released in 2023, to provide spend analysis, a way …
Read More »
The restaurant and related hospitality market has attracted plenty of attention the past few years from payment platforms, rendering the market one of the hottest in the field of digital payments and marketing. And the trend shows no signs of cooling off, as processors and related service providers look to …
Read More »
Apple Inc. on Friday reversed course on Epic Games, saying it would allow the online game developer to build its own app store in Europe for Apple devices. The reversal came as the European Union’s Digital Markets Act took effect last week. In the U.S. market. Apple several years ago permitted Epic …
Read More »
Consumer bill payments for the 10 most essential bills sum to $25,513 annually on average, according to new data from doxo inc., a bill-payments provider. Doxo’s “2024 U.S. Household Bill Pay Report” says that total corresponds to 34% of a consumer’s income spent across mortgage or rent, auto loans, utilities, …
Read More »
The news nearly three weeks ago that Capital One Financial Corp. is looking to acquire Discover Financial Services stunned the payments industry. But even if the $35.3-billion deal closes in the coming months it will represent a notable exception in the middle of a continuing slowdown in merger-and-acquisition activity in …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
