Debit Cards

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment Coalition. Swipe fees are projected to cost merchants at least $19.9 billion this holiday shopping season, up …

With one agentic-commerce forecast calling for a total addressable market of $136 billion in 2025, it’s little wonder so many payments companies and merchants are tackling the emerging e-commerce option. One of the latest is Logicbroker Inc., a multivendor commerce platform that is partnering with PayPal Holdings Inc. to broaden …

The potentially lucrative bill-payment market has a new entrant to help banks and fintechs capture some of these transactions. Dubbed PayNow, the new service from Atomic FI Inc. can help banks and fintechs drive engagement and loyalty with their customers, it says. Launching initially with a mobile and Internet provider, …

Seeking to provide an alternative to rewards credit cards, Klarna AB has expanded its Premium and Max membership programs in the United States. Klarna’s membership program is a monthly fee-based service that offers consumers such rewards as cashback, exclusive deals, and lifestyle rewards, as well as airport lounge access and …

Fraudsters are becoming better organized and building industrial-strength infrastructures to commit fraud, making their actions harder to detect and prevent, says Visa Inc.’s Fall 2025 Biannual Threats Report. The report, which pulls data from the Visa’s global network, identifies the five biggest fraud threats facing the payments ecosystem: the industrialization …

As artificial intelligence continues to weave itself into payments, organizations are adding new AI-enabled services and considering options for its use. Two of the latest are Hawk AI GmbH with a check-fraud prevention tool for U.S. financial institutions and EMVCo as it begins work on a global specification for its …

Afterpay, the buy now, pay later option from Block Inc., will soon test a new way to use the payment method at the point of sale with a Visa debit card. Meanwhile, rival BNPL provider Klarna AB is expanding the locations where consumers can use Klarna to make gift card …

Credit cards may dominate online use, but debit cards make up a hefty share, too, with 54% of U.S. adults using the former and 49% choosing a debit card in a 30-day period, according to a YouGov.com report. That online debit use has emerged as a key area for banks …

A lawsuit filed in March 2016 over how the four U.S. card brands handled the liability shift during the EMV migration more than 10 years ago, along with unreimbursed chargebacks associated with it, has reached its next step. The suit is over unreimbursed liability-shift chargebacks made with a credit or …

Merchant organizations contend an expected settlement offer in their ongoing, two-decades-old lawsuit against Visa Inc. and Mastercard Inc. over card-acceptance fees does not address the underlying problem that leads to high card-acceptance costs in the first place. Merchant opposition surfaced over the weekend after a story in The Wall Street …