Payments consultants Todd Ablowitz and Deana Rich are out to prove you don’t have to spend months or years setting up to be a merchant-aggregation model that lets sellers process transactions on the aggregator’s merchant account. All told, the model holds the potential to generate more than $4.4 billion in …

• Merchant processor Cayan has acquired Dallas-based Card Payment Services LLC, which processes more than $700 million annually for the waste-disposal industry. Terms were not announced. • Beanstream, a Canada-based payments provider that operated in the United States as Beanstream USA, has adopted its parent company’s name—Bambora—and will now will act as the …

Prepaid card program manager Green Dot Corp. reported higher purchase volumes and card numbers in the first quarter while merchant acquirer CardConnect Corp. posted a 23% increase in bank card dollar volume. Purchase volumes on Pasadena, Calif.-based Green Dot’s cards totaled $5.5 billion, up 17% from $4.71 billion in 2016’s …

Expanding on an acceptance relationship that began last October at high-end merchant locations in California and New York, processor First Data Corp. on Tuesday said it will offer its 4 million U.S. merchants in-store acceptance of the Chinese online and mobile-payment service Alipay, which is used by 450 million people …

Having built a successful payments processor and sold it to Global Payments Inc., Bob Carr is ready to build another company, but this time with a purpose beyond simply making money. Carr’s latest endeavor is Beyond, launched May 1, just over a year from the closing of Global Payments’ $4.3 …

• Visa Inc. announced that its 3-D Secure 2.0 program will begin in April 2019. 3-D Secure 2.0 is a measure managed by EMVCo that shares e-commerce transaction data between merchants and issuers in an effort to thwart fraudulent transactions and approve valid ones. EMVCo released the updated spec in October 2016. • Visa said grocer …

• Two executives of Commerce Payment Systems, which had been a Hewlett, N.Y.-based independent sales organization, have been charged in a $30 million scheme that overbilled more than 10,000 merchants, announced the U.S. Attorney for the Southern District of New York this week following the unsealing of an indictment. The charges …

Online merchants looking to increase their sales volume may want to consider offering instant financing. A study by Researchscape International reveals that 75% of respondents would be more likely to purchase from an online retailer that offers instant financing than one that does not. Another 28% said they would be …

• Apple Inc., in its results for the second quarter ending April 1, said Apple Pay is available now in 15 markets, having launched in Taiwan and Ireland in March. Globally, that includes 20 million contactless-ready locations, of which 4.5 million are in the United States, said chief executive Tim Cook during …

The numbers moved in the right direction for Square Inc. in the first quarter, with gross payment volume up 33% and profitability measures improving. But an analyst urged the merchant acquirer to disclose more data about its fast-growing but potentially volatile loan business called Square Capital. San Francisco-based Square reported Wednesday …