Mobile Commerce

Visa Inc. said it is expanding its Fintech Fast Track program, originally focused on card issuing, to include Visa Direct, the card network’s real-time payments platform. Visa has signed 42 new clients in the past year for Fintech Fast Track, which offers various Visa payment technologies to non-bank payments providers. In …

Repay Holdings Corp., a provider of payment-processing services, has partnered with Green Dot Corp. to enable Repay merchants to accept cash-based bill payments at more than 45,000 locations in the United States. The service depends on Green Dot’s eCash technology, which enables users to present a barcode that serves as …

In recent years, point-of-sale technology providers specializing in the hospitality industry have had a tough go of it. First came the pandemic, which shut down restaurants across the country. And now, the business has emerged as perhaps the most crowded POS market in North America, with at least a dozen …

Tolling-technology provider Quarterhill Inc. said its Electronic Transaction Consultants unit has launched an E-ZPass interoperability hub to enable readily available electronic toll payments across regions of the United States. The move is considered a step toward nationwide toll-payment interoperability. Equipifi, a provider of buy now, pay later services for debit card issuers, …

The Electronic Payments Coalition has opened a new front in its battle to prevent passage of the Credit Card Competition Act: it’s recruiting social-media influencers to join its cause. In June, the EPC put out a memo on the new tactic as part of its “Hands Off My Rewards” campaign …

Tokenized credentials are supposed to stop fraud by masking card account numbers when a transaction is processed, but according to Visa Inc. global losses owing to illegitimate tokens totaled $450 million last year. That’s bad enough to prompt the network to announce early Wednesday it is launching Visa Provisioning Intelligence, …

Discover Financial Services said its board of directors has appointed Michael G. Rhodes chief executive and president. Rhodes, who will take office on or before March 6, succeeds interim CEO and president John Owen, who will continue as a Discover board member. Rhodes comes to Discover from TD Bank, where he was …

BNPL providers are expanding the utility of the payment option by enabling consumers to finance gift card purchases. BNPL provider Affirm Holdings Inc. announced Tuesday it is partnering with prepaid card platform provider Blackhawk Network Holdings Inc. to allow consumers to purchase digital gift cards on Affirm.com or in the …

Digital ordering took off when the pandemic set in, and while Covid has subsided, the appetite for online ordering and payment has only surged among restaurants. Now the trend has claimed a major chain that until now had proven resistant to the technology. Olo Inc., a New York City-based dining-technology …

Holiday sales were robust in November, giving merchants reason to be optimistic about overall spending for the holiday shopping season, according to the National Retail Federation. Total retail sales in November, excluding automobiles and gasoline, rose 0.77% month-over-month on a seasonally adjusted basis, and 4.24% on an unadjusted basis year-over-year,  …