Debit Cards

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. …

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 …

Reaction from the payments industry to the Justice Department’s announcement Tuesday that it is suing Visa Inc. over antitrust issues involving its debit card business was swift and pointed. As expected, representatives of the payments industry denounced the lawsuit as baseless, while representatives of the merchant community and legislators friendly …

The U.S. Department of Justice’s 71-page complaint accusing Visa Inc. of monopolizing U.S. debit networks goes into great detail about the company’s pricing strategies and attempts to get merchants and card issuers to direct their debit business toward Visa. Those efforts have been quite successful. Referring to Visa’s so-called “moat” …

The biggest question the payments industry is wrestling with this week is whether the U.S. Department of Justice is about to sue Visa Inc., apparently over debit card issues. The financial wires were abuzz with speculation Tuesday morning that the DoJ could file an antitrust lawsuit before the day is …

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 …

Rain Technology, a provider a directional-display technology, has developed a solution that aims at reducing the risk of onlookers visually stealing a consumer’s PIN at an ATM. The solution, called ATM Switchable Privacy, enables as little as 0.2% of an ATM screen to be visible outside of a 45-degree viewing …

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 …

Credit and debit cards from U.S. Bank are now ready to use with Paze, the online checkout platform, which comes preloaded with access to up to 150 million payment cards. Paze is in the midst of a national rollout as it seeks to give issuers an edge in e-commerce checkout. …