Credit Cards

Desjardins Group, said to be the biggest financial cooperative in North America, said it will transfer its credit card processing function to Fiserv Inc. The deal is said to be the first such “large-scale” engagement in Canada for Fiserv. Business-to-business buy now, pay later platform Playter launched Paid, a service that lets Playter clients …

Convenience store chain Circle K is migrating its electric vehicle charging network to Driivz, a service that includes scalable EV charging billing. Tel Aviv-based Driivz says the network includes more than 600 public EV charging stations in Europe and North America.  Laval, Quebec-based Alimentation Couche-Tard Inc., parent company of Circle …

Cheq Inc. continues its expansion into the highly competitive market for in-stadium payments through a deal with the Sacramento Kings of the National Basketball Association. The agreement includes mobile ordering, social payments, and express kiosks at Golden 1 Center, the Kings’ home arena. The deal is the first of five …

Splitit Payments Ltd., a white-label buy now, pay later provider, has partnered with AliPay to offer Splitit’s Pay After Delivery option to consumers shopping on the AliExpress e-commerce marketplace. Pay After Delivery allows consumers to make a purchase using a credit card, then pay for it after delivery. The payment …

For several years, MagicCube Inc. has worked to prove that merchants can safely and speedily accept card payments with no hardware other than an off-the-shelf mobile device. Now the Santa Clara, Calif.-based company has added a new wrinkle to its strategy: agreements with device vendors that make MagicCube’s iAccept the …

Payments platforms have worked for years to find the key to winning and keeping merchants while also holding on to independent sales organizations, the agents that are key to signing up merchants. Now Netevia Group LLC thinks it’s found that key in banking. “It’s a pretty simple strategy,” says Vlad …

Checkout is gaining a higher profile in payments, and that’s influencing customer retention as well as a merchant’s ability to attract new customers, says a new study from Paysafe Ltd. That means modernizing checkout needs to be at the top of brick-and-mortar merchants’ to-do list in 2023, the study adds. …

Mexican quick-service restaurant chain Del Taco LLC is rolling out an artificial intelligence-based voice-ordering system from Presto Automation Inc. The new system is expected to fully automate orders placed at the drive-thru window, dramatically reducing the need for drive-thru staff to take orders. Lake Forest, Calif.-based Del Taco, which has …

Total card spending per household was up 5.9% year-over-year in 2022, according to new data from the Bank of America Institute. Kubra, which provides a payment network enabling consumers to pay bills with cash at retailers, said retailer Rite Aid joined its network, the 19th to do so. Blaze, a point-of-sale …

Toast Inc. has partnered with SoundHound AI Inc. to add voice ordering over the phone to its point-of-sale system. The addition of SoundHound’s voice-ordering software will enable restaurants using Toast’s POS system to accept voice orders over the phone and transmit the order directly to Toast’s platform. This integration, which …