Credit Cards

The national legal battle over an Illinois interchange law continues to broaden in scope. Several national organizations representing merchants are expected to file amicus briefs with the United States District Court for the Northern District of Illinois Friday in support of the Illinois Interchange Fee Prohibition Act. The briefs are …

The battle over the Illinois Interchange Fee Prohibition Act has taken a huge new turn. Early Thursday, the Illinois Attorney General’s Office filed a motion with the United States District Court for the Northern District of Illinois’s Eastern Division challenging an Amicus brief from the Office of the Comptroller of …

Paze, the online checkout service from Early Warning Services LLC, says more than 125 million credit and debit cards are now available to use with the e-commerce checkout tool as the service taps a new general manager. Also, buy now, pay later specialist Klarna AB has become an Apple Inc. …

CellPoint Digital, a payments-orchestration platform, announced an alliance with PayU GPO, a platform for alternative payment methods operating in more than 50 markets globally. In related news, payments-orchestration platform Transcard said it now supports payments globally through multiple currencies in an effort to smooth payments for financial companies operating worldwide. Duck Creek …

PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …

The Illinois Retail Merchants Association released a survey late Wednesday showing that voters in the state support the Illinois Interchange Fee Prohibition Act passed earlier this year. The survey comes hard on the heels of a lawsuit filed last month by several organizations representing banks and credit unions challenging the …

Acquirers and independent sales organizations wanting to improve their standing among merchants should take note of four trends affecting payments today, according to Bill Dobbins, head of acquiring and enablement at Visa Inc. Dobbins, speaking at the Western States Acquirers Association conference in Las Vegas this week, outlined why the …

The Electronic Payments Coalition late Wednesday filed an Amicus brief on behalf of the plaintiffs in a lawsuit challenging the Illinois Interchange Fee Prohibition Act. The lawsuit, brought by Illinois Bankers Association, Illinois Credit Union League, American Bankers Association, and America’s Credit Unions and filed last month in the United …

Cryptocurrency gateway Alchemy Pay said it now supports the BNB Chain blockchain ecosystem for developers working in the Web3 arena. Web3 is a vision of a blockchain-based web that includes cryptocurrencies, nonfungible tokens, and related entities. Co-branded credit card platform Cardless Inc. has appointed Joe Wold head of partnerships and Ailien Phan chief compliance …

Payment gateway Slim CD Inc. revealed a data breach resulting from suspicious activity it became aware of on June 15. The investigation found unauthorized system access between Aug. 17, 2023, and June 15, 2024. It says credit card information may have been viewed or obtained. Slim CD said it took measures to …