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- Apple Cash users will be able to set up weekly, biweekly, or monthly Apple Cash payments in the iOS 17 iPhone software coming this fall, Apple Inc. announced. Users also will be able to present digital IDs stored in Apple Wallet to businesses, such as for age verification.
- More than 96% of subscription businesses said customer cancellations could have been prevented with proper action, according to a survey of more than 300 businesses released by Chargebee, a subscription-management platform.
- The National Restaurant Association has come out in support of the revamped Credit Card Competition Act set to be introduced.
- The Fred Meyer and QFC grocery chains said their stores will start accepting Supplemental Nutrition Assistance Program (SNAP) benefits from customers online in Oregon, Washington, and Idaho.
- BNY Mellon is working with fintech MoCaFi to offer digital-payments capability through governments and corporate clients to unbanked and underbanked persons and communities.
- E-commerce processor Digital River said it has been selected as an Adobe Platinum Partner, allowing the company to market to Adobe Commerce merchants for international expansion.
- Affirm Inc. said eligible U.S. merchants using Amazon Pay can add Affirm’s Adaptive Checkout as an option, which offers biweekly and monthly installment payments at checkout.
- Processor Worldline and e-commerce platform BigCommerce said they are working together to reduce cart abandonment by offering multiple payment options while enabling merchants to manage the transaction and post-transaction actions within the BigCommerce platform.
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