Credit Cards

Rent, the 12-times-a-year installment payment many consumers make, could benefit from splitting further into two payments a month, suggests a study released by Flexible Finance Inc., also known as Flex. New York City-based Flex commissioned the study, which was completed by San Francisco-based research firm MetroSight. Flex enables tenants to …

Card programs for specialized payments often get lost in the shuffle, but a pair of developments this week indicate the market for card-driven payments remains vibrant in the age of cardless digital transactions. This is especially the case lately with respect to markets like dealerships and housing. Brex LLC, a …

PayIt, a payments provider for state and local governments, launched PayIt Smart Works, a slate of AI-enabled functions for back-office operations, including consolidation of payment, banking, and remittance data. Banking-technology provider Mercury launched Mercury Command, an AI-based platform enabling users to make payments and conduct other financial business via natural-language command. Sutton …

As e-commerce volumes climb, Early Warning Services LLC has been pushing its Paze online checkout service in a national campaign that started earlier this month. The latest chapter in that effort arrived early Tuesday with the news that Paze will award a $10 statement credit to users who use the …

PAR Technology Corp. said it has signed Pizza Factory for its PAR POS, PAR Ordering, and other PAR technologies to be installed at all of the restaurant chain’s 110 stores. Zip Co Ltd. announced it intends to support Stripe Inc.’s Shared Payment Tokens for checkout via AI agents. Pacific Gas & Electric is …

With large payments companies beginning to incorporate cryptocurrency and alternative payment methods into their processing flows, the opportunity for sales agents and their acquirers to sell another payment-acceptance method is growing. That’s the takeaway from a panel discussion this week at the Southeast Acquirers Association conference in Miami Beach, Fla. …

JetPay, a payments platform specializing in charter flights, has agreed to work with fiat and stablecoin payments platform Nuvion to speed cross-border payments for bookings. Xplor Technologies, a payments-technology provider, announced it has acquired Bitlancer, a developer of software for payroll and other functions aimed at fitness businesses. Bank of …

More than a year after Visa Inc. launched the Visa Acquirer Monitoring Program, acquirers and their vendors are adapting to the new way of keeping tabs on fraud and chargeback levels. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes …

Payments executives who may be hoping that a court ruling Tuesday will put an end to years of bitter wrangling over card-acceptance costs are likely to be disappointed, experts tell Digital Transactions News. “This does not end the argument. It just stifles it,” says Cliff Gray, principal at Gray Consulting …

For the better part of two decades, I’ve watched the payments industry evolve from a straightforward utility into a labyrinth of technical complexity. Merchant fee structures today are no longer just the cost of doing business. They are a volatile variable that can quietly erode a company’s bottom line. As …