GoDaddy Inc., which launched GoDaddy Payments in June to unify its transaction services following its December deal to buy point-of-sale terminal maker Poynt Inc., released a countertop payment terminal and mobile card reader with lower fees than most competitors. Merchants will pay 2.3% per card-present transaction and 2.3% plus 10 …

Mastercard Inc. joined the BNPL fray Tuesday with the introduction of Mastercard Installments. Consumers can access BNPL offers, either pre-approved through their lender’s mobile banking app or through instant approval at checkout, that can be used online or in-store wherever Mastercard is accepted. Consumers can choose from a variety of …

BitPay Inc. and Verifone Inc. early Tuesday said they are collaborating on a service that later this year will allow U.S. merchants using Verifone devices to accept as many as 11 cryptocurrencies in-store and online.  Consumers will be able to pay with a broad array of crypto wallets, including one …

MX Technologies Inc. continues to grow its ecosystem of open-banking partners, announcing Monday it is partnering with Pinwheel, provider of an application programming interface for payroll applications. The deal will provide financial-technology service providers with expanded coverage of income verification and improved underwriting models for better lending decisions, which in …

A new report based on the practices of 100 retailers finds that Apple Pay is available at more of them—97%—than its chief competitors Google Pay and Samsung Pay. That’s according to the 2021 Omnichannel Retail Index, released Monday by FitForCommerce, a retail consultancy, in conjunction with the National Retail Federation. …

Seeking to provide online merchants with a lower-cost payment option and consumers a better user experience, a 3-year-old, Toronto-based payment-service startup called Clik2pay is enabling Canadian consumers to pay for online purchases directly from their bank accounts at participating merchants. The new payment option, which launched Thursday, leverages the Interac …

Online payments powerhouse Stripe Inc. Tuesday introduced Stripe Revenue Recognition, an application intended to automate the mapping of money to a balance sheet.  The development of Revenue Recognition was spurred by the accounting needs of merchants and businesses that are paid upfront for goods and services to be delivered in …

As the buy now, pay later payment option continues to permeate commerce, Affirm Inc. fine tunes its repayment options and Uplift hooks SeaWorld as a client. San Francisco-based Affirm says its new Adaptive Checkout gives consumers the option to pay in biweekly or monthly installments. The service will dynamically present a …

Faster-payments providers have long identified insurance-claims payouts as a ripe market, and the business took big step in that direction with the announcement early Monday that the insurance carrier Amerisure has begun implementing ClaimsPay, a digital-payments platform from the 9-year-old fintech One Inc. The four-stage implementation is expected to replace …

Contactless credit card transactions caught up to their debit counterparts as a percent of volume in August, with 17% of total card-present volume, as tracked in the monthly PSCU Payments Index, attributed to the payment form. That matches the share for contactless debit transactions. PSCU, a St. Petersburg, Fla.-based credit …