Justice Department Investigating Visa Debit Acceptance and other Digital Transactions News briefs from 3/19/21

The U.S. Justice Department is investigating Visa Inc.’s practices regarding online and in-store debit card acceptance, according to reporting by The Wall Street Journal. The probe is centered on whether Visa has restricted merchants’ ability to flow transactions over less-costly networks, according to sources who spoke to the newspaper.
Fintech Enova International said it acquired Pangea Universal Holdings, a payments provider specializing in mobile, international money transfers. Terms were not disclosed.
Pushpay Holdings Ltd., which offers digital payments technology for churches and nonprofits, is co-sponsoring Code for the Kingdom Seattle, a Friday and Saturday hackathon aimed at creating new products and services for places of worship.
Payment Logistics said its Paygistix payments technology received certification from developer Retail Realm for use with its Max Pay Global product.
Payactiv Inc., a specialist in earned-wage access, appointed former Blackhawk Network executive David Tate chief revenue officer and Peter Mullen, a former Netflix executive, senior vice president of marketing.
More than 3 million merchants outside of Mainland China began accepting UnionPay cards in 2020, bringing the worldwide total to approximately 55 million, UnionPay said. Some 70% of North American merchants now accept the brand.

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