E-Commerce

Small businesses continued to see slow but steady month-over-month sales growth in September, according to the Fiserv Small Business Index. Month-over-month sales increased 0.1% in September from August, while transactions increased 0.3%. Average ticket sizes fell 0.2% from August. Overall, the metric for the index held steady at 148 for …

Peoples Bank apparently likes what Deluxe Corp. has been doing for the Marietta, Ohio-based bank because it added Deluxe’s merchant services to its roster of services. The bank placed a part of its promotional business with Minneapolis-based Deluxe in January and added checks in March. Merchant services, under the One …

The Gift Card Fraud Prevention Alliance is launching a nationwide social-media campaign to combat gift card fraud this holiday shopping season. The campaign, which runs from Oct. 1 through Christmas Day, will deliver daily messages through the LinkedIn and Instagram platforms on the tactics criminals use to perpetrate gift card fraud …

Jack Henry & Associates Inc. has acquired Victor Technologies Inc., a provider of embedded-payment solutions, from MVB Financial Corp. for an undisclosed sum. While terms of the deal were not disclosed, MVB says it expects to see a pre-tax gain of $33 million from the sale. The acquisition widens an …

Just in time for the upcoming holiday shopping season, merchants are ready with new e-commerce checkout options. A hardware cooperative is adding the buy now, pay later option from Affirm for in-store use. Brands Dearfoams and Baggallini now offer Buy with Prime, the Amazon.com Inc. online checkout service. Oak Brook, …

The credit card issuer Merrick Bank has re-launched its Ollo credit card with a refreshed design and new technology. The card was first issued in 2017 as a product for U.S. consumers facing challenges in obtaining a credit card. Valor PayTech, a 5-year-old provider of point-of-sale technology for merchants, announced it has …

Agentic commerce got a huge boost late Monday as OpenAI, the provider of such artificial-intelligence applications as ChatGPT, launched Instant Checkout, an agentic-commerce protocol developed with Stripe Inc. The Agentic Commerce Protocol is an open standard for AI commerce that enables AI agents to complete purchases on behalf of individuals …

Nuvei Corp. launched its artificial intelligence-enabled Integration Agent. The tool could help merchants and Nuvei’s partners onboard within hours instead of weeks, Nuvei said. Bank of America Corp. announced its AI-based Ask Global Payments Solutions service, which the banking giant says can answer questions within seconds for its 40,000 business clients globally. …

Corpay Inc., a provider of corporate payment and expense-management technology, has extended its partnership with Mastercard Inc. to enable corporations, small businesses, and financial institutions to make near real-time payments to 22 new markets across Asia, Europe, the Middle East, Africa, and Latin America. The deal builds on the two …

The international money-transfer system Swift said it plans to add what it calls a “blockchain-based shared ledger” to its technology stack in an effort to process instant cross-border transactions. Some 34 financial institutions from 16 countries are advising Swift on the project. The payments platform Lightspeed Commerce introduced Showroom, a service that provides merchants …