Credit Cards

Merchants are looking forward to making their case now that a judge has rejected a proposed settlement of their two-decades-long litigation with Visa Inc. and Mastercard Inc. over transaction costs. Late Tuesday morning, Margo K. Brodie, U.S. District Court Judge for the Eastern District of New York, issued a written …

Visa Inc. unveiled Digital Emergency Card Replacement, a service that works on behalf of card issuers to replace lost cards with digital replacements, using text or email. Cardholders can store the replacement card in a digital wallet. Elavon launched Elavon Cloud Payments Interface, an application programming interface aimed at easing digital and …

Contactless payments are forecasted to surge 113% in value by 2029, reaching $15.7 trillion by 2029, up from $7.4 trillion this year, predicts a new report from Juniper Research. Ticketing and soft point-of-sale applications will be significant drivers of this growth, United Kingdom-based Juniper says. “As access becomes more widespread, …

The Canada-based processor Nuvei Corp. said it has received approval for a retail-services license from the central bank of the United Arab Emirates, laying the groundwork for an expansion into the UAE market. Fast-food chain Long John Silver’s said it is working with multiple technology vendors to update its digital and in-store ordering experience …

Paze, the online checkout platform backed by some of the nation’s biggest banks, is barreling through a state-by-state rollout that could culminate in nationwide coverage by late summer or early fall, according to James Anderson, the platform’s general manager who has spearheaded the project since Early Warning Services LLC announced …

Samsung Next has invested an undisclosed sum in Curve UK Ltd, developer of a U.K.-based digital wallet, bringing Curve’s total raised funds to more than $250 million. ECS Fin, a developer of payment-processing technology, said Zenus Bank has adopted its IMS Payments capability to integrate Visa B2B Connect, a platform for …

Topgolf Callaway Brands Corp. announced a promotional agreement with Visa Inc., involving benefits and offers for holders of Block Inc.’s Visa-branded Cash App debit card. CasaPerks Technologies Inc. has launched CasaCash, a rewards program that can be offered by property owners to renters as an alternative to a program based on credit …

PatientPay, a payments provider for the health-care industry, has partnered with health-care processor Higher Standards Inc. to make its end-to-end billing and payment-acceptance billing solution available to Higher Standards clients. The partnership grew out of Higher Standards’ need for a technology partner that could provide billing and payment technology to …

Apple Pay Later, the buy now, pay later product from Apple Inc. released just over a year ago, is shutting down. The move comes after installment-payment specialist Affirm Inc. confirmed it would be part of Apple Wallet when the tech giant’s annual software updates for iPhones and computers emerge this …

U.S.-based payments provider ACI Worldwide Inc. said its partnership with Stet, a Paris-based clearing and settlement system, processed more than 50 million real-time cross-border payments in the past 12 months. The companies expect that volume to grow more than 50% in the current year. Cross-border payments specialist Nium Pte. Ltd. said it is working …