To make cryptocurrency more accessible to the general public, BitPay Inc. on Tuesday announced a limited-time promotion with Simplex, a fiat-to-cryptocurrency gateway, to waive fees when BitPay wallet users purchase crypto using a credit or debit card. BitPay wallet users can buy the currency using the BitPay debit card or …

As merchants continue to evolve their business model during the Covid-19 pandemic, they are discovering that consumers want convenience and multiple options when it comes to paying for purchases. While credit cards remain consumers’ preferred method of payment, contactless options are a close second, according to Square Inc.’s second annual “The …

With interest in cryptocurrency increasing at the two major card networks, it was only a matter of time before one of them launched a consulting service specializing in the subject. Visa Inc. early Wednesday announced it is launching its Global Crypto Advisory Practice as part of its existing Visa Consulting …

The hype around Apple Pay, Samsung Pay, and Google Pay has quieted considerably. But that doesn’t mean the three big wallets are sitting still. When the so-called Pay wallets—Apple Pay, Samsung Pay, and Google Pay—launched in 2014, 2015 and 2018, respectively, they did so to great fanfare. At the time, …

E-commerce merchants can expect another strong holiday-shopping season this year as online transactions are projected to outpace those in the same period last year, according to ACI Worldwide Inc. In the United States, the biggest surge in volume is expected between Thanksgiving and Cyber Monday, with e-commerce sales projected to …

Buy now, pay later powerhouse Affirm Inc. will be the exclusive provider of BNPL services for Amazon.com until the end of January, 2023, under a deal Affirm announced Wednesday. Affirm will also be included as an option in Amazon’s wallet, Amazon Pay, according to the agreement. The agreement represents a …

In time for the start of holiday-shopping season, buy now, pay later provider Afterpay Ltd. has expanded its in-store presence. New retailers offering the service include Nordstrom and Nordstrom Rack, J.Crew, Madewell, and American Eagle. In addition, Afterpay will be available at airport and resort-casino specialty retailer Marshall Retail Group, …

Zip Co. Ltd. launched the Zip Card, a physical card to complement its virtual card in the highly competitive buy now, pay later arena. The new card, to be issued by WebBank, a Salt Lake City-based industrial bank that works with brands like Dell Financial Services, CAN Capital, Klarna, Fingerhut, …

Another sort of unicorn. Here’s why it’s more accurate to speak of super-power apps. Mobile payments in the United States remain a minority, accounting for just under 4% of all payments made in-person. Even worse, 25% of U.S. consumers are still using paper forms of payment, including checks. Fintech-supplied bank accounts …

Bills and bill payments are going digital much faster now. That’s good for some e-payment providers—but consumers are seeing benefits, too. Even before the pandemic, a foundational shift in bill payments was under way. Now, digital bill payments have even more momentum. The push to digital payments prompted by the …