Credit Cards

Just as the Covid-19 pandemic spurred many consumers to turn to online shopping, merchants have experienced a corresponding increase in their chargeback rates. Sixty-eight percent of merchants said the pandemic affected their chargeback rates, found the second annual Chargeback Field Report from Chargebacks911, a chargeback-management platform. Clearwater, Fla.-based Chargebacks911 also …

With small and medium businesses looking to establish or expand their e-commerce presence, Wix.com Ltd., an Israeli-based provider of cloud-based Web-development services, is adding Skrill, a digital wallet and payments gateway operated by Paysafe Group Holdings Ltd., to its platform. Integrating Skrill will enable Wix merchants to accept credit and …

Shopify Inc.’s 1.7 million-plus merchants will have access to Google Cloud technology in more regions under a new agreement.Buy now, pay later provider Klarna Bank AB said its U.S. user base more than doubled in April year-over-year, to 17 million. The user base worldwide totals 90 million.The big France-based processor Worldline S.A. has agreed to …

Building on what it says is its strategy to make electronic bill payment simpler and more accessible to consumers, doxo Inc. is offering consumers a bill-payment service that avoids fees.  The Seattle-based provider of digital billing and payment services says it is bypassing the transaction fees some billers, such as …

With consumers becoming more comfortable returning to in-store shopping as Covid-19 vaccinations roll out, J.P. Morgan is partnering with U.S. processor ACI Worldwide Inc. to enable merchants in Europe and the United Kingdom to offer in-store payment acceptance. The deal expands J.P. Morgan’s omnichannel processing presence by giving merchants a …

Fortis Payment Systems LLC is the latest acquirer to build up its integrated payments position, announcing Wednesday the acquisitions of EpicPay International LLC and Change Merchant Solutions LLC. The two deals will boost Fortis’s options for independent software vendors and developers, the company says. “Technology partners will be able to …

Payments-technology provider Repay Holdings Corp. said it has struck a deal with processor Paysafe Group to allow Repay merchants to receive cash payments at any of 60,000 retail locations linked to Paysafe’s eCash service.Liv.rent, a platform for apartment tenants to pay rent, introduced a capability allowing tenants to pay in Bitcoin while landlords receive …

The advent of real-time payments, account-to-account transfers, and card-based disbursements is making it easier for consumers to receive claims funds much quick than waiting for a paper check. State Farm Insurance Cos. is one of the latest providers with its release earlier this month of Digital Pay, a service provided …

Much of the publicity swirling around blockchain technology concerns its use for recording and managing cryptocurrency, but there has been little talk about using blockchain to manage merchant transactions. GreenBox POS, a San Diego-based processor, changed that on Monday with its announcement that it has secured a bank identification number, or …

Certegy Payment Solutions LLC added a white-label version of its buy now, pay later service that enables merchants to add their own branded BNPL option.Buy now, pay later specialist Quadpay Inc. said its inaugural “Quadpay Fest” sale, which offered deals to users over a four-day period, saw 40% of purchases on average made …