Credit Cards

When you’re pressed for time, there’s probably a handful of neighborhood stores where you shop regularly. You can depend on them in those hurried moments, whether it’s the small retailer that stocks your favorite items, the local coffee shop that knows just how you like your coffee, or the mobile …

Cross-border payments fintech Higlobe Inc. said users can make payments in the United States from their Higlobe account with a new Visa prepaid card issued by Dash Solutions. POSaBIT Systems Corp., a payments platform specializing in the cannabis industry, said a previously announced agreement under which it would acquire MJ Platform, Leaf …

While Stripe Inc. did not experience what it terms the “breakneck” growth it enjoyed in 2020 and 2021, the e-commerce payments giant still processed more than $817 billion in total volume in 2022, up 26% from the previous year, the financial services and software-as-a-service company told customers in its annual …

In a major case whose effects could ripple widely across the payments industry, Block Inc. has sued Visa Inc. and Mastercard Inc., alleging the global networks worked together to fix interchange fees paid by Block’s Square operation. Square, which processes card transactions for millions of mostly small sellers, pays interchange …

Payment processing platform CardX is making Mastercard Click to Pay available on Lightbox, its online payment form, to all existing and new card-not-present merchants on its platform. Mastercard Click to Pay stores a consumer’s payment information using an encrypted, virtual card number to enable secure online shopping. Lightbox enables consumers …

Participants in the new SmartCharge New York electric-vehicle charging program in the New York City area can receive cash back to their PayPal or Venmo accounts if they charge their vehicles during low-demand hours. The program is overseen by electric utilities Con Edison and Orange & Rockland, which are working with ev.energy, …

PayPal Holdings Inc. has added four new features to its payment service for small online businesses that are expected to increase conversion, reduce declines and the risk of fraud, and provide greater transparency into processing costs. PayPal’s small business customers will now be able to offer Apple Pay at checkout, …

Digital wallets are taking on new meaning as merchants grapple with how to stay relevant with consumers’ preferred ways to pay. With the total number of digital-wallet users expected to exceed 5.2 billion globally by 2026, wallets benefit consumers and merchants alike, offering swift payments and convenience that expedite the …

FedNow, the impending real-time payment service from the Federal Reserve, was formally introduced to the merchant-acquiring industry Thursday at the annual Northeast Acquirers Association conference. Expected to launch in July, FedNow will enable participating banks to offer instant payments with a default limit of $100,000 per transaction and stretch to …

Business-to-business bill-payments provider Billtrust announced its dollar volume in 2022 exceeded $100 billion, up 35% over 2021 and the first time the company has reached the $100-billion mark in a year. PayTech Women, formerly Wnet, released its 2022 Annual Report, which provides an overview of the organization’s activities and impact. General Agents …