Debit Cards

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 …

With its sale earlier this month of Worldpay to Global Payments Inc., FIS Inc. is focusing on its longstanding business in card issuing for banks, a business where it sees strong returns, especially as banking mergers unfold—but it’s not seeking just any bank. “Our strategy is partnering with banks growing …

Transaction Network Services Inc., an infrastructure-as-a-service provider that connects businesses to point-of-sale terminals and ATMs, has launched TNSPay SmartRoute, a cloud-based transaction-routing solution that allows merchants, processors, and acquirers to define and adjust routing rules in real time. Users can decide how to route a transaction based on specific criteria, …

Can/Am Technologies Inc. has introduced Teller Payments, aimed at helping state, local, and education agencies process payments within Can/Am’s Teller Government Cashiering system. The processor Fiserv Inc. is supporting the service through its independent software vendor partner program. Metropolitan Commercial Bank, based in New York City, is one of the first …

Chip cards are coming to state benefit programs, with the latest development emerging from Alabama. The state’s Department of Human Resources is mailing electronic benefit cards embedded with chips as a means to combat fraud, according to an announcement early Friday from the chip card supplier, Conduent Inc. The chip …

Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act. The decision, which comes after more than a year of legal wrangling, means the IFPA will go into effect July 1, …

Fiserv’s chief executive early Tuesday told Wall Street not to look for immediate improvement following a sub-par year in 2025. “Our headline results are below our expectations and will remain that way until mid-year,” chief executive Michael Lyons told equity analysts at the top of a group call with equity …