The installment-payments platform Affirm Holdings Inc. and online commerce service Shopify late Thursday announced they have expanded their 5-year-old collaboration, Shop Pay Installments, to Australia. The service, which lets consumers use the Shop Pay button to check out on e-commerce sites and then pay over time with Affirm, is active …
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PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of $53 billion, or $60.50 per share, as too low. PayPal’s shares were trading at $61.47 at the market’s close Thursday. Some 47% …
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With nearly 59% of U.S. consumers knowingly using an artificial-intelligence chatbot, according to the Pew Research Center, credit-reporting agency Experian plc is putting its credit card marketplace into AI tool ChatGPT. Announced Thursday, the plugin, available on ChatGPT’s plugin site, lets consumers explore credit card options for various types, such …
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Visa Inc. announced the latest version of its Visa Vulnerability Agentic Harness, which the card network says will help reduce the time between the discovery and resolution of fraud-attack paths. Some resolution times can be cut from weeks to hours, Visa says. Payments-technology company CARD91 launched SpendFlow, a commercial card program it says …
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Neighborhoods, a service launched by Block Inc. in October to connect its sellers with its Cash App users, has added 30,000 sellers since the end of June. Block, and its Square acquiring unit, intended for Neighborhoods to create a local commerce network for both merchants and consumers. Neighborhoods provides sellers …
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Priority Technology Holdings Inc. announced within a two-day span a processor acquisition and a deal to process ticket payments for the Tampa Bay Buccaneers of the National Football League. The Alpharetta, Ga.-based processor said early Wednesday it has agreed to acquire Convenient Payments, which does business as IntelliPay, a privately …
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New research from Coresight Research and point-of-sale provider Aptos finds that, despite more than 20 years since the first cloud-based point-of-sale system debuted, many retailers still have yet to make the move fully to such systems. In the “Retail POS Modernization: Strategic and Financial Case for Transformation” report, commissioned by …
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Nayax Ltd. announced early Tuesday it has agreed to acquire parking-technology platform IPS Group Inc. from Windjammer Capital Investors in a deal valued at $350 million. The combination will bring Nayax’s payments-processing capabilities together with IPS’s parking-technology platform, the companies say. The deal is expected to close in the fourth quarter. …
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Fraud-detection provider Accertify said it has gained HIPAA compliance, allowing the company to offer more services to health-care organizations. Bluefin Payment Systems LLC said it now offers point-of-sale products for card-present payments integrated with Visa Acceptance Solutions. Centerbase, a software provider to law firms, said it has integrated the electronic billing technology BillSync …
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OnePay, the financial-services company majority owned by Walmart Inc., is adding support for Apple Inc.’s wallet for its credit cards, enabling cardholders to use their cards to make Apple Pay transactions. The OnePay debit card has supported Apple Pay since 2022. Adding Apple Pay support coincides with Walmart enabling contactless …
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