Mobile Commerce

Value-added resellers and independent software vendors enticed by the attractiveness of surcharging and cash-discount programs find there’s no one-size-fits-all approach for enrolling merchants. Questions about the programs abound at RetailNow 2024, the annual conference sponsored by the Retail Solutions Providers Association and in progress this week in Las Vegas. The …

DinerDaddy, technology provider to restaurants, has adopted MagTek’s Magensa Gateway Services and the company’s iDynamo 6 mobile terminal, MagTek announced. A survey of almost 1,000 IT security professionals in the U.S., U.K., French, and German markets indicates 83% were hit with ransomware attacks in the past year, with “a high …

Stripe Inc. has partnered with Newline by Fifth Third, a provider of embedded payments from Fifth Third Bank, to expand embedded financial services for Stripe’s platform users and their customers. Newline by Fifth Third’s API-based platform allows businesses to launch and scale payment, card, and deposit products directly with Fifth …

AppBrilliance said it is extending real-time payments to funding of closed-loop digital wallets via a recent rule change by The Clearing House Payments Co. The move will allow providers such as Starbucks, Dunkin’, and Chick-fil-A to use real-time rails for their proprietary wallets, the company says. ZeroTier, which provides connectivity between …

The Consumer Financial Protection Bureau has issued a report highlighting what the agency calls “junk fees” charged by processors when parents add money to students’ school-lunch accounts. Such fees cost families upwards of $100 million a year, according to the CFPB. In its study, the CFPB found that, on average, …

Artificial intelligence tools may still be in development, but their utility for acquirers is quickly becoming apparent. “A lot of people think it’s a ‘nice to have,’ but it’s no longer a ‘nice to have,’” Sebastian Builes, cofounder and chief executive at Arcum, a merchant-retention firm that uses AI, told …

Square announced it has joined US Foods’ Check program, which offers technology to restaurants. Square is the point-of-sale payments unit of Block Inc. US Foods is a distributor to the dining industry. China’s UnionPay cards now total more than 240 million outside China, the company said in an update, with issuance in 82 …

Financial technology provider Kasheesh Inc. on Thursday launched a virtual card that allows consumers to split payments for online purchases across up to five existing credit, debit, and prepaid cards. The card is intended to provide an alternative to buy now, pay later loans.  The Mastercard-branded card can be loaded …

Marqeta Inc. early Thursday said it has become the first card-issuing platform to adopt technology announced earlier this year by Visa Inc. that lets cardholders toggle among a variety of payment methods for a single card rather than be restricted to the payment type indicated by the card itself. Oakland, …

U.S.-based Papaya Global, which offers platforms for payroll and payments processing, said it will support payroll and other workforce software for Cegid, a Europe-based provider of cloud software for finance and human resources. American Express Co. announced updates to its U.S. Consumer Gold Card, including credits for spending at restaurants included in …