Thursday , September 21, 2023


September, 2023

  • 21 September

    With Congress Back in Session, CCCA Proponents Put on a Full Court Press To Garner Support

    Supporters and U.S. Senate sponsors of the Credit Card Competition Act stepped up pressure to pass the bill Wednesday with a Washington press conference featuring Senators Dick Durbin (D-Ill.), Roger Marshall (R-Kan.), and Peter Welch (D-Vt.). The legislators attacked merchants’ card-transaction costs as price gouging and said the levies make …

  • 21 September

    How Failed Payments, Slow Payments, and Errors Bedevil Organizations

    Consumers have come to expect an electronic payment to happen in seconds with zero or few errors, but for organizations the situation is a little more fraught. At least that’s the feedback from a new report, “The State of Payment Operations 2023,” from Modern Treasury Corp., a payments and financial …

  • 21 September

    IPS Advances IPSIPay Funding And Other Digital Transactions News briefs from 9/21/23

    Innovative Payment Solutions Inc. announced it has completed the second of three $500,000 capital contributions to IPSIPay Express LLC, a joint venture aimed at processing digital payments in the sports-betting and online-gaming markets. Partnering with IPSI in the venture are OpenPath and eFinityPay. Reports indicate a security breach at T-Mobile exposed sensitive data, …

  • 20 September

    Monetizing payments to maximize your revenue and scale your business for sustainable growth

    By Steven Velasquez, Senior Vice President and Head of Partner Business Development – Elavon With the convergence of payments and software technology, ISVs that integrate payments with their platform reap the benefits of increased revenue streams, stronger company valuations, and a stickier relationship with their end customers. The benefits for …

  • 20 September

    Square Teams Up With Jane To Bring Online Payments to Canadian Cannabis Merchants

    Square, Block Inc.’s merchant-processing unit, announced Wednesday it has partnered with e-commerce technology provider Jane Technologies Inc. to process online payments for cannabis dispensaries in Canada serviced by Jane. Square will initially begin processing for dispensaries in Ontario, Canada, through its Early Access Program. That will allow dispensaries in the …

  • 20 September

    In a Bid to Fight Chargebacks, Sift Gleans Data Via Integrations With PayPal and Adyen

    Fresher data flowing directly from payments platforms could mean more effective remedies against chargebacks, some observers say. On Tuesday a major risk-management firm acted on that theory with a service that allows sellers to factor in information regarding chargebacks and disputes that flow through integrations with PayPal Holdings Inc. and …

  • 20 September

    Freedom Pay Links With Worldpay And Other Digital Transactions News briefs from 9/20/23

    The payments platform FreedomPay said it is expanding its partnership with the processor Worldpay to cover more geographic markets globally. FIS Inc. in July agreed to sell a 55% interest in Worldpay to the private-equity firm GTCR in a deal expected to close in 2024’s first quarter. Buy now, pay later specialist Sezzle Inc. announced an …

  • 19 September

    How ISVs are Adapting to Rapid Market Shifts

    By Tom Byrnes, SVP, Marketing, PayiQ The current ISV market is growing exponentially and is expected to show a compound annual growth rate (CAGR) of 14.1% from 2022 – 2030. This growing scope of opportunity has attracted new players into the market. According to recent research by the Retail Solutions …

  • 19 September

    Square Founder Dorsey Will Have His Hands Full in Taking Over Square Again, Observers Say

    The unexpected announcement late Monday that Square chief executive Alyssa Henry is leaving the company and being replaced by founder Jack Dorsey raises tough questions about how the strategy and direction of the huge point-of-sale payments company might change, experts say. Dorsey, a key founder of what was then called …

  • 19 September

    Zebra Joins the Race for Mobile POS Market Share

    Zebra Technologies Corp. has entered the highly competitive mobile-payments market with the introduction of Zebra Pay, a software-based, PIN entry, consumer off-the-shelf mobile payment solution for merchants. With solutions like Zebra Pay, the cardholder’s PIN is entered on an acquirer’s app running on the mobile device, while the card is …

Digital Transactions