With sports betting and casino gambling steadily gaining prominence as a payments market, payment processors are increasingly jumping on the opportunities the market presents. In the latest development, gaming-payments specialist Sightline Payments said it will offer its Play+ card, which has attracted 1.5 million users so far, as a Visa-branded …

Merchant satisfaction with payment processors has dwindled in the past year, as sellers cope with the impact of inflation on their processing costs as well as on their business in general, according to J.D. Power’s 2023 U.S. Merchant Services Satisfaction Study. The merchant satisfaction score for merchant-services providers totaled 853, …

Contactless payments have taken off in the United States and other markets in recent years, but now a piece of malware has emerged that can block wave-and-pay or tap-to-pay transactions and force users to insert their cards in a terminal instead, according to a new report by the Moscow-based global …

When six powerful payments companies separately merged into three organizations in 2019, it signaled that one end of the payments spectrum had dramatically shifted. But the actual payoff seems to have been inconsistent. Think about the before time. Before the pandemic. Before the lockdowns. Before the cliff-dive of in-store payments. …

Online sellers are starting to take a closer look at their checkouts. No wonder. The technology plays a key role in whether they can tap into the boom in e-commerce. Checkout is the point at which the consumer either completes her purchase or doesn’t. A checkout process that is slow …

The Federal Trade Commission announced two days before Christmas it had leveled a preliminary consent order against Mastercard Inc. The order—issued to correct what the agency saw as roadblocks the card company had erected against routing online debit transactions to competing networks—may have surprised at least some observers. That’s because …

A federal appeals-court ruling handed down in October rattled advocates of the Consumer Financial Protection Bureau, and they haven’t stopped quivering since. That’s because the decision from the U.S. Court of Appeals for the Fifth Circuit does what years of detractors’ objections and arguments have failed to do—it strikes at …

Block Inc.’s Cash App unit says it is attempting to make it easier for consumers to salt away money with the introduction of Cash App Savings. The new feature allows Cash App users to deposit savings into a separate account within the app, build additional savings by rounding up their …

E-commerce transactions for the 2022 holiday-shopping season bested predictions for growth, despite signs of a weakening economy, according to research from ACI Worldwide Inc. From October through December, online transactions increased 21% from the same period in 2021, besting pre-holiday shopping- growth estimates by six percentage points, says ACI. In …

Following years of pandemic restrictions that all card companies had to contend with, Visa Inc.’s top executives late Thursday highlighted stable transaction and processing volumes and growing cross-border travel as the United States and other global regions continued to recover. The event also featured an appearance by Visa president Ryan …