Shift4 Payments Inc. on Thursday jumped into e-commerce payments processing with both feet with its acquisition of 3dcart, a 23-year-old web-store platform with some 14,000 clients globally. Terms were not announced. The deal diversifies Allentown, Pa.-based Shift4’s product mix but also buttresses its long-term strategy aimed at moving merchants from …

October ended on a whimper for small-business payment volumes, but whether that’s because of a new surge in Covid-19 or due to seasonality is hard to tell, experts say. CardFlight Inc., which supplies point-of-sale technology for small businesses and has been tracking their sales since the Covid-19 pandemic set in …

PayPal Holdings Inc.’s top executives late Monday laid out what chief executive Dan Schulman called “a fundamental overhaul” of the company’s PayPal and Venmo apps that will include a new cryptocurrency feature as well as bill payment and QR code capability on top of near-field communication technology and PayPal’s Pay …

As consumers adopt real-time payments in the coming years, payments providers are expecting businesses large and small to follow suit. News released Monday indicates preparations are already under way. Canadian processor Everlink Payments Services Inc. and Fintainium Inc., a Jacksonville, Fla.-based developer of cloud-based technologies for financial institutions, have agreed …

Visa Inc. may be bidding good riddance to a Covid-haunted fiscal 2020, but the giant payments network made it plain Wednesday afternoon it is looking forward to a very different fiscal 2021. “The pandemic is still with us,” noted Vasant Prabhu, the company’s chief financial officer, but “fiscal year 2021 …

As were all payments networks, Mastercard Inc. was hammered by the novel coronavirus pandemic, but its leaders Wednesday morning pointed to a tentative recovery. “Overall, we see signs of improvement, but we’re not out of the woods yet,” noted Ajay Banga, Mastercard’s outgoing chief executive, during a conference call with …

Led by its merchant-acquiring unit, Fiserv Inc. in the quarter ended Sept. 30 continued its rebound from the wallop it took from Covid-19. The Brookfield, Wis.-based company reported total revenue, adjusted for its First Data Corp. acquisition in July 2019, of $3.59 billion for the quarter, down a slight 1% …

Discover Network on Tuesday became the latest of the Big 4 card networks to launch the Secure Remote Commerce technology the systems settled on last year to simplify and secure online transactions with a single buy button that works with all participating networks. The move comes as hordes of U.S. …

As the economy registers a tentative recovery from the deep recession caused by Covid-19, payments networks are doing likewise. This is probably no more true than with American Express Co., whose concentration in the travel-and-entertainment market caused the company’s financials to nosedive earlier this year as the pandemic grounded airlines, …

As Covid-19 cases spike around the country, grocers and technology companies alike are scrambling to blunt the pandemic’s financial impact. On Thursday, the online delivery service Instacart announced it is starting a program with the grocery chain Aldi to allow recipients of federal SNAP benefits to use their electronic benefit …