Credit Cards

With merchants growing more heated in their opposition to card-acceptance costs, processors are looking for strategies that could help sellers gain from improvements in card authorizations. An example emerged early Thursday with news from the big Canadian processor Nuvei Corp. that it has introduced a pair of technologies it says …

Zelle, the peer-to-peer payments service from Early Warning Services LLC, began a multi-city financial education training roadshow with Consumer Action, a consumer protection and financial awareness organization. Payments-technology provider Alacriti said Citizens Business Bank launched real-time payments services based on Alacriti’s Orbipay Payments Hub. The services involve connections to FedNow and the …

Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch. Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded …

The House of Representatives on Thursday passed the GENIUS Act, a bill aimed at regulating stablecoins, giving the nascent digital currency a boost as a mainstream payment option. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act is intended to provide a legal structure for stablecoins and enhance …

An Illinois merchant’s allegations that Apple Inc., Mastercard Inc., and Visa Inc. worked to artificially maintain pricing by agreeing to funnel Apple Pay transactions via the two card networks was dismissed this week by a judge in the U.S. District Court for the Southern District of Illinois. Filed in December …

The point-of-sale provider Helcim Inc. launched Smart Terminal, a handheld POS device aimed at smaller merchants. Under a new agreement, acquirer Sona said it will offer merchant services to businesses that are members of Vancity, said to be one of Canada’s largest credit unions. Sona was acquired last year by Celero Commerce. The law …

Paze, the digital wallet from Early Warning Services LLC, says it is working with Payfinia, a unit of banking-services provider Tyfone Inc., to expand its reach. Payfinia, formed by Tyfone in 2024 to provide real-time payments technology, has helped line up Star One Credit Union, a Sunnyvale, Calif.-based financial institution, …

The Federal Trade Commission’s negative option rule, or click to cancel rule, for subscription management, has been struck down by the U.S. Court of Appeals for the Eighth Circuit because the FTC did not follow procedures for creating the rule, The Hill reported. The rule was set to start July 14, having been delayed …

Restaurant-payments provider SpotOn has launched Picked for You, an AI-powered system that SpotOn says personalizes digital menus on behalf of restaurants in an effort to drive higher tickets. Working with Idex Biometrics, Mastercard Inc. is launching in Bangladesh its metal credit card, which includes technology supporting fingerprint authentication for in-store transactions. The issuer is …

A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the fees infringe on competition law. The Competition Appeal Tribunal ruled the fees infringe on prohibitions to restrict, …