E-Commerce

Count transactional credit at the point of sale among the payment technologies winning more of the spotlight as consumers tentatively venture out and businesses reopen in the midst of Covid-19’s impact. Mastercard Inc. on Wednesday announced new integrations with the card-issuing processor TSYS and with technology providers that will let …

CardFlight Inc. released its Small Business Report for Sept. 2 that shows contactless payments made at more than 65,000 small businesses for the week of Aug. 24-30 were up 140.3% from the base week of March 2 to 8. The report also predicts that there may be up to 50% fewer …

PayPal Holdings Inc. is expanding its portfolio of installment-payment options by introducing Pay in 4, a short-term financing program. PayPal says the new option, which allows consumers to pay for a purchase over four interest-free payments, can help merchants drive customer conversions, hike revenue, and enhance loyalty without taking on additional …

Online criminals are now launching most of their phishing attacks from domains secured by the HTTPS protocol—and they’re hijacking the sites they need to do it, according to the latest report from the Anti-Phishing Working Group, a security-industry organization that tracks the crime. Some 77.6% of phishing sites in the …

Point-of-sale credit provider Quadpay Inc. said it is working with Mastercard Vyze, the card brand’s alternative financing platform, to make buy-now-pay-later options available to more merchants and consumers.Noting the increasing popularity in Canada of Square Inc.’s Cash App and PayPal Holdings Inc.’s Venmo app in the face of that country’s Interac bank-to-bank …

It’s become a common assertion in the payments business that consumers are turning to online sites for shopping as they contend with the various impacts of Covid-19. Now government data indicates just how well-founded that assertion is. E-commerce dollar volume in the second quarter totaled $211.5 billion, up 32% from …

With more independent software providers and financial-technology companies embedding payment capabilities in their applications, Finix Payments Inc., a provider of payment applications, has seen its transaction volume jump more than fourfold from the second quarter of 2019 through the second quarter of 2020. Key drivers of the growth include a …

Online volume has soared for Klarna AB but the Swedish payments company’s efforts to go into physical stores are also bearing fruit, the company reported early Thursday. Klarna, which offers consumers the opportunity at checkout to extend payments over time, reported its “in-store proposition” is now active in 10 geographic …

Cloud-based business software provider Bill.com has teamed with KeyBank to launch Key CashFlow, an online-banking facility that streamlines payments for small businesses.Point-of-sale installment lender Affirm Inc. said it is working with David’s Bridal to allow brides to pay for their wedding gowns with payments over three or six months at …

Refused transactions are frustrating enough for cardholders and merchants, but during a pandemic they could be especially nerve-wracking. Visa Inc. on Wednesday announced a new service for stand-in processing that the payments network says should yield faster and more accurate results when issuers’ systems are down. The new Smarter STIP …