E-Commerce

Reuters is reporting that Apple Inc. is talking to Barclays to become the iPhone maker’s new partner for credit cards, replacing Goldman Sachs. Other financial institutions are said to be candidates as well, including Synchrony. Apple and Goldman launched the Apple card in 2019, but since then Goldman has indicated it will move …

Gateway Funnel Pros, an alternative payment gateway specialist for merchants selling high-risk, regulated, or restricted products, has launched a payment gateway and merchant-account services for WooCommerce merchants selling health and wellness products, such as supplements, that some gateway providers may consider to be high-risk products. The integration will enable WooCommerce …

As 2025 begins to unfold, some experts and network providers are beginning to think the year could see a breakthrough for stablecoins, the digital currency generated by a blockchain but with a value tied to a national currency, such as the dollar. That link allows users to deploy digital dollars, …

Consumers with subprime or deep subprime credit scores accounted for the majority of buy now, pay later originations from 2021 to 2022, a report by the Consumer Financial Protection Bureau finds. Within those two subsets, 45% of BNPL loans during that period were taken out by consumers with deep subprime …

Payments platform FreedomPay has partnered with Mastercard Inc. to provide businesses with a global payment gateway that it says streamlines sellers’ ability to connect with acquirers, enables them to accept a wider range of payment methods, and simplifies cross-border transactions. The partnership will provide access to more than 230 acquirers …

Magtek launched its Magensa Cloud Service eCommerce line of software, which it developed with PAAY, a provider of technology that authenticates consumer transactions. Payroc said it has combined its payment-processing capabilities with electric-vehicle chargers from EVMode and payment readers from UIC to offer a new EV charging platform. HTeaO, an iced-tea franchise, …

Adyen NV has introduced Uplift, an artificial intelligence-based payment optimization app that leverages data from Adyen’s processing platform to help merchants looking to boost conversions, streamline fraud management, and reduce payment costs. The app leverages data linked to global transactions on Adyen’s processing platform. The extent of payment data on …

Opponents of the proposed Credit Card Competition Act expect the bill will be reintroduced in Congress, so the Electronic Payments Coalition launched a pre-emptive strike late Wednesday with a report detailing the bill’s potential economic impact. The study, conducted by Oxford Economics Research, claims the CCCA’s impact on the U.S. …

A state senator in Oklahoma has introduced the Bitcoin Freedom Act, a bill that would legalize payroll and vendor transactions in Bitcoin in that state. The move follows the state’s passage last May of a Bitcoin Rights bill. FV Bank, a digital financial institution, has expanded its stablecoin offerings with an integration …

Bill-payment platform doxo Inc. has launched an app it says streamlines both bill payment and management and helps consumers avoid hidden costs, such as overdraft fees, when paying their bills.   The app, called doxoBILLS, allows users to organize and pay bills to more than 120,000 billers and pay any …