PNC Bank early Wednesday announced the launch of PNC Mobile Accept, a card-acceptance solution for micro-merchants. The app allows very small merchants to accept card payments using their mobile phones or tablet computers without a requirement for external hardware and without paying monthly subscription fees, the bank says. The app …

Friction when attempting to pay a past-due road toll online is the leading reason consumers don’t pay overdue tolls, not an unwillingness to pay, says a report from PayNearMe Inc. Among the key findings in the report from the Santa Clara, Calif-based fintech is that 39% of drivers reported difficulty …

OnePay, a New York City-based fintech, is partnering with Synchrony Financial to launch a credit card program for Walmart Inc. The program, which will debut in the fall, will offer a general-purpose Mastercard credit card and a private-label Walmart card. Walmart expects the deal to provide a better customer experience when …

NK Retail, a Sweden-based luxury department-store chain, is deploying Lightspeed Commerce Inc.’s NuORDER by Lightspeed B2B commerce platform. NuORDER by Lightspeed is aimed at helping retailers streamline wholesale buying and selling with features like virtual showrooms and order-management systems.  NK offers a broad selection of fashion, beauty, interior design, and …

The Teamsters Union, along with labor unions in the retail and food-service sectors, sent a letter to Congress Wednesday supporting the Durbin Marhsall Amendment to the GENIUS Act, a bill to regulate stablecoins. The endorsement is the latest salvo in the ongoing battle over the Credit Card Competition Act, which …

Prizeout, a fintech specializing in digital gift card payouts and cashback rewards, announced CashBack + Pay late Tuesday, a cashback program for debit card holders whose cards have been issued by credit unions. CashBack+ Pay gives credit union debit card holdings instant rewards averaging 6.8% of the transaction amount, the …

Airlines, airline unions, and commercial aircraft manufacturers sent a letter to Congress late Monday voicing their opposition to attaching the Durbin Marhsall credit card amendment to the GENIUS Act, a bill to regulate stablecoins. The letter states that attaching the Durbin Marshall amendment to the GENIUS Act would impose “onerous, …

Illinois lawmakers extended the implementation date for the Interchange Fee Prohibition Act by 12 months early Sunday to July 1, 2026. Groups opposing the IFPA, the first law of its kind passed by any state, argued the law would cause “widespread economic disruption” and that it would place an undue …

Several organizations representing the payments industry sent a letter to Congress late Wednesday urging lawmakers not to pass legislation that will tax cross-border remittances originated in the United States and will require money transmitters to gather identity and citizenship verification data from the sender. The bill has advanced to the …

Payment processor Network Merchants LLC, or NMI, on Thursday announced it is enabling tap to pay for iPhone. The move will enable merchants to accept contactless credit and debit cards, as well as Apple Pay and other digital wallets, through an iPhone and a supporting iOS app. iOS is Apple’s mobile …