Marketing

Consumer demand for buy now, pay later loans may be high, but consumers are still at risk of overspending when using BNPL to finance a purchase or missing a payment. A survey released Thursday by Bankrate LLC reveals that overspending and missing a payment are two of the most common …

PAX Technology Inc., a provider of point-of-sale payments technology, released its IM15 device, aimed at unattended, heavy-traffic POS environments. Separately, the company also unveiled its E700Mini SmartPOS POS device. Payments provider Trustly said it is working with games company Light & Wonder to offer RapidPlay to the casino industry. The feature enables immediate cashless …

The promise of lower credit and debit card processing fees is a big attraction for merchants to switch merchant providers. Statement reviews are a key part of that process and now PayBlox, a merchant services referral site, has enlisted artificial intelligence to help. With the debut of its Statement Spy …

Checkout fintech Skipify said it is working with Visa Inc.’s Digital Commerce Program on initiatives, among them letting Skipify users link Visa Click to Pay cards to a Skipify’s Connected Wallet. This move speeds recognition of Skipify users on e-commerce sites to more quickly show the users’ available cards. PSCU/Co-op Solutions, a …

Travel platform Trip.com Group said it will work with Capital A Berhad, parent of the airline AirAsia, to support ticketing, payments, and other functions. Visa Inc. has been announced as a founding partner of Bay FC, a new Bay Area women’s professional soccer franchise in the National Women’s Soccer League. Dime Community Bancshares launched …

Michael Rhodes has resigned as chief executive and president of Discover Financial Services Inc., effective April 1. Rhodes was “not expected to have a long-term role at the combined company after completion of the Company’s merger with Capital One Financial Corporation,” Discover said in a Form 8-K filed with the Securities and …

Grocery-ordering and -delivery provider Instacart says Associated Wholesale Grocers Inc., a food wholesaler, expanded its partnership to include e-commerce and same-day delivery services to grocers that belong to the cooperative. The broader deal also includes access to Caper Carts, Instacart’s artificial intelligence-enhanced smart shopping carts. More than 800 AWG grocers …

X Payments LLC, the payments platform for the social-media network X (formerly Twitter), received money-transmitter licenses last week from New Mexico, Oregon, and Illinois, bringing to 22 the number of states that have approved the platform for money movement. Fleetcor Technologies Inc., a business-payments provider, said it has now renamed …

Processor Elavon, a unit of U.S. Bank, said it will provide a payments platform to BMO. In addition to payment services for credit, debit, and digital payment transactions, Elavon’s services to the bank include customized merchant processing services, omnichannel acceptance, fraud management, and dynamic and multi-currency conversion. Processor Stripe Inc. added support for Apple …

Mastercard Inc. released Smart Subscriptions, a service to help issuers provide subscription-management tools to their cardholders. In related news, Recurly Inc., a subscription-services provider, released its consumer software subscription benchmark report. The Smart Subscriptions service builds on Mastercard’s Subscriptions Control product, released in 2023, to provide spend analysis, a way …