Delta Air Lines Inc. is adopting Tap to Pay on iPhone for its U.S. flights, a move made in conjunction with processor Elavon Inc. Delta has long accepted card payments on flights, having adopted a card-only policy in 2009 for North America flights, The Atlanta Journal-Constitution reported then. The move …

Corpay Inc. has reached an agreement to acquire GPS Capital Markets LLC, a provider of cross-border and treasury management technology for businesses primarily in the United States. Terms of the deal, which is expected to close in early 2025, were not disclosed. Founded in 2002, GPS Capital Markets provides corporate …

PatientPay, a payments provider for the health-care industry, has partnered with health-care processor Higher Standards Inc. to make its end-to-end billing and payment-acceptance billing solution available to Higher Standards clients. The partnership grew out of Higher Standards’ need for a technology partner that could provide billing and payment technology to …

Apple Pay Later, the buy now, pay later product from Apple Inc. released just over a year ago, is shutting down. The move comes after installment-payment specialist Affirm Inc. confirmed it would be part of Apple Wallet when the tech giant’s annual software updates for iPhones and computers emerge this …

Providing consumers more ways to pay and engage with merchants play key roles in driving consumer purchasing decisions, according to Fiserv Inc.’s Spring 2024 Carat Insights Report. One way for merchants to engage on a deeper level with consumers is to offer apps featuring loyalty and rewards programs and that …

Apple Inc. says iPhone users will be able to send funds to each other by simply holding their iPhones next to each other. It’s a further refinement of Apple’s financial services, which jumped off in 2014 with the launch of Apple Pay. In a video presentation Monday, Apple executives say …

As criminals’ knowledge of how to beat multi-factor authentication through phishing schemes increases, the need for payment providers to implement phishing-resistant solutions continues to grow. Phishing attacks are a form of social engineering in which cybercriminals deceive consumers into revealing personal and account information. The cybercrime can also involve installation …

In a major win in the expanding market for digital payments for mass transit, Elavon Inc. said it will support contactless payments for the Southeastern Pennsylvania Transportation Authority, the seventh largest U.S. transit system with 45.6 million riders per year, according to the American Public Transportation Association. The new service, …

Buy now, pay later provider Affirm Holdings Inc. has expanded its payment options to include Pay in 2 and Pay in 30. The new BNPL options are intended to provide consumers with more flexibility in budgeting their monthly income, the company says. Data from the Bureau of Labor Statistics shows …

Italian fashion house Prada is adopting omnichannel payments technology from Adyen NV in a bid to build a single financial technology platform across all its retail channels. Tap to Pay on iPhone in Prada’s U.S. locations and its Milan store is a centerpiece of the partnership, Adyen says, and potentially …