Paze, the online checkout service from Early Warning Services LLC, says more than 125 million credit and debit cards are now available to use with the e-commerce checkout tool as the service taps a new general manager. Also, buy now, pay later specialist Klarna AB has become an Apple Inc. …

Beginning next summer, PayPal Holdings Inc. will begin sharing more personalized shopper information with merchants, as outlined in its recently updated PayPal Privacy Statement. Data such as products, preferences, sizes, and styles will be shared with merchants to “help improve your shopping experience and make it more personalized for you,” …

Driven in part by the rise of open banking and real-time technology, account-to-account payments are poised to disrupt the legacy card networks. When it comes to what makes a payment option attractive to consumers and merchants, account-to-account payments have the key ingredients: real-time transfer of funds, convenience, and a lower …

As the payments business attracts headlines for such innovations as open banking and account-to-account transfers—and rightly so—it’s easy to forget what’s going on with some fundamental services that keep finding new uses. That’s a pity, since focusing on such products is a useful reminder of the industry’s ingenuity. Take, for …

If fraud prevention remains tied to single regions, online payment losses will continue to mount. The global financial ecosystem has become incredibly interconnected with the growth of e-commerce, where global sales approached the $6-trillion mark in 2023. Fueled by new payment methods and categories like mobile and social commerce, online …

Online grocery delivery provides recipients of SNAP benefits with increased access to food and helps them feel less self-conscious about using their benefits, says a survey Monday from online food-ordering and -delivery service DoorDash Inc. Some 74% of the SNAP (Supplemental Nutrition Assistance Program) recipients surveyed said online shopping helps …

Point-of-sale and payments-platform provider Lightspeed Commerce Inc. said Thursday it is exploring “strategic alternatives” in the wake of reports the company might put itself up for sale. “While it is the long-standing policy of Lightspeed not to comment on market rumors, the company notes the recent media reports concerning a …

Reaction from the payments industry to the Justice Department’s announcement Tuesday that it is suing Visa Inc. over antitrust issues involving its debit card business was swift and pointed. As expected, representatives of the payments industry denounced the lawsuit as baseless, while representatives of the merchant community and legislators friendly …

The U.S. Department of Justice’s 71-page complaint accusing Visa Inc. of monopolizing U.S. debit networks goes into great detail about the company’s pricing strategies and attempts to get merchants and card issuers to direct their debit business toward Visa. Those efforts have been quite successful. Referring to Visa’s so-called “moat” …

The biggest question the payments industry is wrestling with this week is whether the U.S. Department of Justice is about to sue Visa Inc., apparently over debit card issues. The financial wires were abuzz with speculation Tuesday morning that the DoJ could file an antitrust lawsuit before the day is …