Pricing

Shift4 Payments Inc. said early Thursday it will pay restaurants a dollar for every online order they receive across the first three months that they use the company’s SkyTab POS system. Shift4 contends it is making the move in response to what it calls junk fees charged by other payment …

The latest battle in the war over the proposed Credit Card Competition Act has focused on the question whether the legislation would cut rewards and other benefits for cardholders. Citing research from the consulting firm CMSPI, the Merchants Payments Coalition, a lobbying group for sellers, argues that passage of the …

With proposals aimed at controlling merchants’ costs for accepting credit cards having re-emerged in Congress, research has been emerging on both sides of the issue this summer as advocates for sellers and card issuers compete to influence any eventual legislation. The latest thrust appeared Monday with a research report arguing …

Services such as buy now, pay later loans and personal financial management will help drive the global volume of digital-wallet transactions to $16 trillion in 2028, up 77% from $9 trillion this year, according to a report from Juniper Research. Katapult Holdings Inc. said more than 20 merchants are now available on …

Spotify, the digital-music service, has notified long-time customers it will no longer support payments from Apple Inc.’s App Store for premium subscriptions. Those customers who use the Apple service will be moved to Spotify’s free service and must transition to an alternative, such as PayPal or a credit card, for …

Travel-technology provider Sabre Corp. announced it has acquired Techsembly, a gift card and e-commerce platform for hotels. The U.S. Payments Forum published a white paper outlining the impact of the Federal Reserve’s clarification that debit card issuers must enable a choice of two unaffiliated networks for all transactions, including card-not-present payments. The clarification took effect …

IHG Hotels & Resorts, with close to 4,000 properties, will use FreedomPay Inc.’s payment technology, the payments provider said. Meanwhile, Helcim launched its Helcim Fee Saver surcharge program. Philadelphia-based FreedomPay says its FreedomPay Commerce Platform will provide the payments functionality for multiple IHG brands, including InterContinental Hotels & Resorts, Kimpton, …

Toast Inc., provider of popular payment and business-management systems for restaurants, is testing a 99-cent fee for online orders of $10 and above that the company could roll out nationwide next month. The test is generating criticism from restaurateurs on social media and debate in the merchant-acquiring industry about pricing …

Helcim Inc., a Calgary, Alberta-based payments provider, launched its Helcim Smart Terminal, which it says carries no contract or monthly fees. The device, which uses the Android operating system, is priced at $349 (C$429) and will be available this summer. Among its technical capabilities is a built-in printer, a large …

The leveling off of e-commerce activity continues as online prices, as measured by the Adobe Digital Price Index, fell 2.3% in May from a year ago. This is the ninth consecutive year-over-year decrease in online prices, Adobe Inc. says. Of the 18 categories tracked by Adobe, prices fell in 11 …