Credit Cards

Surcharging compliance, once the sole domain of card brands, has spread into a patchwork quilt of state regulations that is making software providers and their payments partners feel the squeeze. The issue has little to do with the card brands, which altered their rules in 2013 to allow surcharging on …

Consumers in New York City have a new option for canceling their online subscriptions with new rules issued by Mayor Zohran Kwame Mamdani becoming effective Thursday, Oct. 1. The click-to-cancel rules require subscription providers to make it as easy to cancel as it was to sign up. A similar federal …

The United States is one of, if not the, most credit card-centric market so companies do all they can to meet consumers where they want to interact. That includes mobile wallets, which ConnexPay LLC, a payout specialist, is doing. It’s added virtual card support for mobile wallets, enabling them to …

E-commerce payments provider FastSpring announced it has introduced Cash App Pay as a payment method for its checkout. Block Inc. launched Cash App Pay on Square in 2021 and extended it to external sites the next year. Grocery chain The Kroger Co. launched its Kroger Rewards World Elite Mastercard, a credit card offering rewards good for …

How common will agentic payments become, and how fast? Predictions vary, of course, but tech companies are releasing new advances in the autonomous technology almost daily. In the latest example, AppZen early Wednesday unveiled Autonomous Cards, intended for corporate card programs. According to the San Jose, Calif.-based company, the new …

Two-thirds of consumers walk away from a payment process that requires more than three steps, according to “The Competition for Consumer Payments,” a report from Datos Insights sponsored by SBT, a payments platform specializing in regulated industries. Datos surveyed 2,000 U.S. consumers in the second quarter for the report. 934 Ltd., …

American Express Co. announced its cards are now accepted at more than 190 million merchant locations globally, including 20 million added so far this year. Beyond its longtime base in hotels, restaurants, and airlines, AmEx says it is now accepted at an estimated 800-plus transit authorities globally. Chase said it has begun …

A federal court ruling issued Tuesday has re-ignited a longstanding dispute over the question whether tips and tax can be exempted from the calculation of interchange merchants pay on credit card transactions in Illinois following that state’s adoption in 2024 of the Illinois Interchange Fee Prohibition Act. The controversial act …

Processor NMI said it has expanded its NMI Business Capital program, offering new term loans and starter offers that ISOs, software companies, and software-as-a-service companies can offer merchants. U.S. consumers now expect AI agents to conduct 15% of their transactions, up from 9% a year ago, while 45% of Americans have used …

Caution among consumers when it comes to spending has led more than half of them to favor debit cards for purchases by a wide margin over credit cards, while a significant percentage want control over when their bills are paid, according to the latest ACI Speedpay Pulse Report from the …