Payments provider Revolution Payments announced an interchange-adjustment service for business-to-business and business-to-government credit cards that automatically attaches details to each transaction that qualify the transactions for level 3 interchange rates, which are less than level 1 and level 2 rates for such transactions. Unattended-payments specialist USA Technologies Inc. announced a partnership with Premier Food Service …

Payroll-software provider Paychex Inc. introduced same-day debits processing on the automated clearing house. The new functionality allows employers to initiate corrections or reversals the same day the payroll is processed. Under ACH rules, same-day debits started Friday. Frost Bank introduced “Send Money with Zelle” on its Frost app. Zelle is a bank-controlled person-to-person payments network launched earlier …

Citing the recent huge data breach at credit-reporting agency Equifax Inc., the National Retail Federation and other trade groups in a letter to Congressional leaders said any new federal law governing data-breach notifications should apply to all industries that handle consumer data. The groups want a uniform federal standard to replace the …

ICBA Bancard, the card-processing unit of the Independent Community Bankers of America trade group, said it will offer member banks a card-not-present authentication service through Visa Inc.’s CardinalCommerce subsidiary. Mobile-payment provider LevelUp has reached an agreement with Open Dining, a vendor of mobile order-ahead technology, to list restaurants using Open Dining’s platform …

Q2 Holdings Inc., a provider of digital-banking solutions, launched CardSwap, an application that allows consumers to automatically switch credit or debit card information across their network of subscription and retail merchants. The first client to adopt the service is Chime, which provides branchless bank accounts. Because of Hurricane Irma, the PCI Security …

Bank-owned Early Warning Services LLC said its new Zelle person-to-person payment service processed 100 million transactions in 2017’s first half for payments totaling $33.6 billion. More than 50,000 consumers are enrolling daily in a network that could connect 86 million consumers through the mobile-banking apps of participating banks and credit unions, Early Warning …

Francisco Partners, a private-equity fund, has made an investment in Network Merchants Inc., a provider of payments technology and gateways to merchants and independent sales organizations. The unspecified investment is said to be “substantial.” Consequent to the deal, existing investor Bregal Sagemount will exit, and existing investor Great Hill Partners will …

The Federal Reserve issued a paper outlining “refreshed strategies and nine new tactics” for improving the U.S. payment system; the paper is a follow-up to the Fed’s strategic vision for payments issued in January 2015 and comes in the wake of the July report from the Fed’s Faster Payments Task Force. The Federal Trade …

Performance Matters, which offers professional instruction for public-school educators, has agreed to use SchoolPay, a unit of My Payment Network, to process payments for professional development for teachers in kindergarten through 12th-grade classrooms. MoneyOnMobile Inc., a Dallas-based company with operations in India, said it processed more than 1 million domestic transfers in …

Total spending via contactless mobile payments in the United States will exceed $1,000 per user for the first time in 2017, reaching $1,026, according to forecasts by eMarketer. Total U.S. contactless mobile payments will hit $49.29 billion this year, up 78.1% from 2016, the firm projects. Fiserv Inc. completed its $89-million, cash acquisition …