Issuing/Originating

The Priority Commerce unit of Priority Technology Holdings Inc. has replaced the subscription billing model for Plastiq, its bill pay service, with a transaction fee per use. It also made all formerly premium subscription tools available to all users. The Small Business Index from the processor Fiserv Inc. indicates small-business sales and total …

Strava, an online community for athletes, said it is working with Block Inc.’s Cash App unit to launch this year’s HBCU Homecoming Tour, which features running events at U.S. universities. The Consumer Financial Protection Bureau is reportedly seeking comment on Apple Inc.’s practices with respect to contactless payments as the regulator works on …

Payments processor Nuvei Corp. launched a number of new services, including decoupled pay-ins and payouts, and split payments. Embedded-finance fintech Sunbit announced an integration with payments-technology platform Stripe. The move will bring Sunbit’s services to a wider array of in-person service businesses, the company says. Business-automation provider BlueBean Technologies Inc. said it has completed an integration …

Against a backdrop of continuing industry consolidation, community banks see digital payments as a key competitive weapon, according to newly released survey data from Bank of New York Mellon Corp. “Nearly 30% of those polled indicated that launching new technology services focused on efficiency and security, such as instant payments, …

DailyPay Inc., a provider of technology for the fast-growing earned-wage access market, said early Thursday it will add a savings feature to its new DailyPay Visa prepaid card. The goal is to let users put aside earnings as they receive them, the New York City-based company says. The company says …

Cryptocurrency gateway Alchemy Pay said it now supports the BNB Chain blockchain ecosystem for developers working in the Web3 arena. Web3 is a vision of a blockchain-based web that includes cryptocurrencies, nonfungible tokens, and related entities. Co-branded credit card platform Cardless Inc. has appointed Joe Wold head of partnerships and Ailien Phan chief compliance …

Credit and debit cards from U.S. Bank are now ready to use with Paze, the online checkout platform, which comes preloaded with access to up to 150 million payment cards. Paze is in the midst of a national rollout as it seeks to give issuers an edge in e-commerce checkout. …

Merchants in the United States paid $224 billion in card-acceptance costs in 2023, the highest toll for merchants in any country in the world, according to payment consultancy CMSPI’s State of the Industry Report. Interchange fees alone accounted for $143 billion of that total. Since 2009, U.S. merchants’ like-for-like payment …

MyKaarma, a payments service for automobile dealers, said its surcharge service, myKaarma Surcharge, has achieved compliance with Honest Pricing Laws that have been enacted in several states, including California and New York. Surcharging allows merchants to add their cost of credit card acceptance to a bill when a customer presents a credit …

American Express Co. expects its pilot program enabling cardholders to add their payment information at participating online merchants will please cardholders and make for smoother checkouts. The pilot, announced Thursday, allows AmEx cardholders to add or update their card information and store it for use at a participating merchant through …