E-Commerce

Only a fraction of U.S. drivers redeemed rewards on millions of eligible gasoline-purchase transactions in June, payment-technology provider Verifone Inc. says following a study of its gas-station merchant base. Meanwhile, American Express Co. reported Wednesday that it has enhanced its Membership Rewards program by allowing cardholders to redeem points directly …

Square, the point-of-sale unit of the payments provider Block Inc., said early Wednesday it is plunging head-first into AI in an effort to build business for its client merchants. The company said it has adopted an app for OpenAI Group’s ChatGPT and a plugin for Anthropic’s Claude technology to help …

Klarna AB said its PriceRunner price-comparison service has won $1.97 billion in damages in its case against Google. PriceRunner had accused the online search giant of exercising preferential treatment for its own comparison shopping platform, causing lost revenue for PriceRunner. Klarna acquired PriceRunner in 2022 for $124.36 million. Bed Bath & Beyond Inc. …

Visa Inc. has taken steps to make smart phones a more readily available way for merchants, especially micro-size ones, to digitally accept payments with updates to Visa Pay, Visa Accept, and Visa Direct. With Visa Accept, announced in April 2025, Visa makes it easier for these small sellers to get …

The summer travel season has arrived, promising big volume uplifts for payments processors. But wonky payments, checkout letdowns, and fraud fears could lead to less volume than travel companies expect, according to a pair of travel reports released Tuesday. So far, demand looks strong. Some 91% of consumers are planning …

Payments platform Repay Holdings Corp. reported it has received a revised, unsolicited and non-binding offer from Forager Capital Management LLC to acquire the company’s outstanding shares at $5.25 per share, in cash. Repay says its board is reviewing the offer. The proposal follows an offer in April from Forager at $4.80 per …

Contractors enrolled in the Sherwin-Williams Pro+ service now have access to Square’s business management, invoicing, and payment-acceptance services via the Sherwin-Williams Digital Alliance Program. This program offers professional painters, contractors, and designers in the Pro+ service access to a variety of business tools. Square is the latest addition. Others include …

No sooner has agentic commerce entered the domain of digital payments than questions have sprung up regarding issues of trust and identity. The trust issue in particular came to the fore early Monday with survey results indicating that just 19% of adult consumers in the U.K. trust that AI agents …

Merchants wrestle with fraud every day, lamenting how much is lost in each bad transaction. LexisNexis Risk Solutions, as it’s done for a number of years, has quantified the actual cost beyond the item’s value. In 2026, the total cost of every $1 in fraud is $5.13 in the United …