Digital Transactions Authoritative, insightful and timely information for payments professionals
- The Priority Commerce unit of Priority Technology Holdings Inc. has replaced the subscription billing model for Plastiq, its bill pay service, with a transaction fee per use. It also made all formerly premium subscription tools available to all users.
- The Small Business Index from the processor Fiserv Inc. indicates small-business sales and total transactions grew 1.8% and 4%, respectively, in September compared to September 2023, though both indicators were relatively flat compared to August. The Index for September was 141, no change from August.
- The payments provider PayNearMe Inc. said it has deepened its integration with PayPal Holding Inc. for payments and disbursements, enabling greater transaction reliability and allowing PayNearMe to widen its banking connections, the company said.
- Family Dollar Stores LLC said it will work with online grocery-delivery platform Instacart to accept e-commerce transactions that rely on Supplemental Nutrition Assistance Program (SNAP) electronic benefit transfer payments.
- Visa Inc. announced its Visa Commercial Solutions Hub, a service to help businesses and financial institutions manage a range of commercial payments services. It is in a testing phase now and is expected to expand further in 2025.
- InterPayments, whose technology helps merchants manage surcharges on card transactions, said it will integrate its services with Red Maple, a provider of payment-security software.
- Digital asset technology provider Ripple launched Ripple Payments in Brazil with Mercado Bitcoin, a Latin American cryptocurrency exchange, as its first customer.
- Card91, a card-issuance technology company based in India, said its technology will support transactions on the Visa network involving foreign-exchange, or Forex, cards. Such cards are prepaid cards that allow users to pay and withdraw cash in local currencies.
- Circle, a platform for digital-asset transactions, announced it has taken a three-year seat on the Illicit Virtual Asset Network’s board of directors.
Related Articles
Check Also
A Senate Panel Sends a Signal: Time to Cut a Deal on Swipe Fees
Members of the Senate Judiciary Committee told representatives of Visa Inc., Mastercard Inc., and the …