Mobile Commerce

Deluxe Corp. said it and Echo Health Inc. have formed a joint venture called DPX Payments to provide payables services to the middle-market and will offer a disbursements platform. ACI Worldwide Inc. said its 2023 Prime Time for Real-Time Payments report found the Middle East as the fastest-growing region for real-time payments globally, …

Fiserv Inc. has partnered with conversational-commerce platform provider Authvia to enable independent software vendors to offer a text-to-pay solution through Fiserv’s CardPointe gateway. The offering, which was developed in response to the growing use by businesses of tools to communicate with consumers via text and chat, allows businesses to bill, …

Businesses were quick to adopt online chat platforms as a handy meeting tool during the pandemic, and now payments providers are starting to target the services as a new venue for transactions. One of the first is GoDaddy Inc., which on Monday announced it is working with Microsoft Corp. to …

Amazon.com Inc. has beefed up the rewards for its Visa-branded cards issued by Chase, in response to cardholder’s desire for travel-related perks and the ability to earn more rewards for day-to-day expenses, such as commuting. Additionally, Amazon is allowing cardholders to redeem rewards daily and has rebranded its cards. Prime …

Business-to-business payments specialist TreviPay said it will integrate its services with Spryker, a commerce platform for enterprise businesses. Chargeback resolution provider Chargebacks911 issued a plea for “regulatory discretion” as the financial technology industry develops. In April, Chargebacks911 was accused by the Federal Trade Commission and the Florida attorney general of allegedly using multiple techniques …

Amazon.com Inc.’s deal with Citibank N.A. to add Citi Flex Pay, the card issuer’s installment-loan program, to its Amazon Pay digital wallet is expected to pay big dividends for both parties. By adding Citi Flex Pay, Amazon Pay will gain access to one of the largest cardholder bases in the …

Amazon.com Inc. reported first-quarter revenue from “other sources” of $1.03 billion, up 55% year-over-year. The “other” category includes revenue from the massive online retailer’s cobranded credit cards. Total revenue from products and services for the quarter was $127.4 billion, up 9.5% year-over-year. Law firm BakerHostetler released its 2023 Data Security Incident Response …

The impending arrival of a commercial real-time payments service from no less an entity than the Federal Reserve will be a major event, but one Mastercard Inc.’s top brass says the card company will take in stride. “We’ll have to wait and see how it plays out, we’re well-positioned,” Michael …

Vesta, a transaction-guarantee platform for online purchases, has partnered with e-commerce platform provider Shopify Inc. to make its fraud-fighting solutions available to Shopify merchants. The addition of Vesta is expected to help Shopify sellers in the United States, Canada, and Mexico reduce false positives and increase approval rates for legitimate …

Payment processor and core banking provider FIS Inc. posted first quarter revenue of $3.51 billion, a 0.6% increase from $3.49 billion in the same quarter in 2022. Its net income of $141 million was 17.5% greater than the $120 million profit a year ago. FIS’s merchant solutions segment had revenue of $1.1 …