E-Commerce

With merchants growing more heated in their opposition to card-acceptance costs, processors are looking for strategies that could help sellers gain from improvements in card authorizations. An example emerged early Thursday with news from the big Canadian processor Nuvei Corp. that it has introduced a pair of technologies it says …

Zelle, the peer-to-peer payments service from Early Warning Services LLC, began a multi-city financial education training roadshow with Consumer Action, a consumer protection and financial awareness organization. Payments-technology provider Alacriti said Citizens Business Bank launched real-time payments services based on Alacriti’s Orbipay Payments Hub. The services involve connections to FedNow and the …

PayPal Holdings Inc. early Wednesday launched PayPal World, a series of partnerships that will connect digital wallets outside the United States to its platform and enable interoperability with PayPal and Venmo wallets at the point of sale. PayPal World, which will go live this fall, will enable users to pay …

Fiserv Inc. early Wednesday reported $10.65 billion in revenue for the first half of 2025, representing a 7% increase from the first six months of 2024, but it was a revised projection for revenue growth for the whole year that drew the attention of equity analysts on a group call …

PayPal Holdings Inc. announced early Tuesday the launch of an AI-powered fraud-detection system that provides PayPal and Venmo users real-time alerts before a payment is made. The new feature, available to PayPal and Venmo users globally, is intended to protect users from sending payments that are not eligible for refunds, …

Affirm Inc. said it will offer its installment-payment services to customers of New Look Vision Group in Canada. The company operates 475 stores in Canada and the United States. Payments platform Payroc announced it has agreed to acquire LedgerPay Inc., which does business as PayiQ. With the acquisition, Payroc says it will gain …

Same-day automated clearing house payments continue to enjoy robust growth, totaling 336.4 million transactions during the second quarter, a 15% increase compared to a year earlier, says Nacha, the regulatory body for the automated clearing house network. Same-day ACH dollar volume during the quarter totaled $980 billion, up 22%. Through the …

Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch. Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded …

The House of Representatives on Thursday passed the GENIUS Act, a bill aimed at regulating stablecoins, giving the nascent digital currency a boost as a mainstream payment option. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act is intended to provide a legal structure for stablecoins and enhance …

American Express Co. reported a 7% year-over-year rise in billed business in its June quarter, to $416.3 billion, while revenue increased 9% to a record $17.9 billion. But net income sank 4% to $2.89 billion. For the year’s first half, billed business rose 6% to $803.7 billion. Net income was static …