Credit Cards

It’s been 13 years since merchants were allowed to add surcharges to cover much of their credit card processing costs, yet confusion and complexity remain. Speakers at the Transact 2026 conference last week, sponsored by the Electronic Transactions Association, did their part to dispel much of this confusion. “Surcharging is a …

AI in retail applications is expected to generate $500 billion in incremental volume by 2030, according to the “2026 Global Unified Commerce Benchmark for Specialty Retail” report from Manhattan Associates. The report relies on research among more than 400 specialty retailers in global markets, including North America. Arguing that AI agents …

Money-movement platform Thunes Financial Services Inc. announced Banco Cathay of Costa Rica has adopted its Pay-to-Wallet service for cross-border payments. Loyalzoo Ltd., a developer of customer-engagement software for merchants, announced an agreement under which it will integrate its customer-relationship technology with a new point-of-sale platform from Priority Technology Holdings Inc., the MX …

The Electronic Payments Coalition has opened another front in the battle over the Illinois Interchange Fee Prohibition Act with the launch of an ad campaign aimed at having the law overturned by the Illinois legislature. The campaign comes hard on the heels of efforts by organizations representing financial institutions in …

Three organizations representing the banking community, as well as the Office of the Comptroller of the Currency along with former acting members of the OCC, filed amicus briefs late Friday urging the court to overturn the decision to exempt Illinois merchants from paying interchange on the sales tax and gratuities …

French fintech Mirakl SAS has partnered with J.P. Morgan Payments to provide infrastructure for the payments provider’s agentic-commerce offering. The partnership will enable merchants to facilitate agentic commerce without having to build and manage complex integrations and protocols. Mirakl will integrate J.P. Morgan Payments technology into its Nexus agentic-commerce service, which …

Travelers buying airfare direct from an airline have a new payment option that could ease some of the issues around funding that travel. UATP, a global payment network owned and operated by airlines, is working with Hands In, a specialist in split-payment enablement, to allow airlines to activate Hands In’s …

Processor Jack Henry & Associates Inc. announced its anti-fraud platform, Financial Crimes Defender, has been adopted by the Independent Community Bankers of America in the ICBA’s Preferred Service Provider program. Affiniti Finance Inc., which offers corporate cards, bill pay, and banking services, said it has reached a financing agreement with Column N.A., …

Shift4 Payments Inc. early Thursday announced some record results while its top management underscored the company’s increasing focus on overseas opportunities, along with ambitious plans for a stepped-up sales force. “We are taking lessons learned [domestically] out into the world,” said chief executive Taylor Lauber during a group call to …

Processor ACI Worldwide Inc. announced fourth-quarter revenue of $253.2 million, up 13% year-over-year, while full-year 2025 revenue totaled slightly more than $1 billion, a 12.3% increase from 2024. Net income for the quarter slid 35% to $64.3 million, though for the full year it climbed 12.6% to $226.7 million. NCR Voyix Corp., …