The Calgary, Alberta-based processor Helcim Inc. has grown increasingly active in launching new services in recent years as more intense competition wears on midsize payments players. The company’s latest gambit: an extension that lets merchants access Helcim’s processing platform within the business software they already use, bypassing alternatives integrated within …
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Benji Pays Solutions Inc., a payments platform for managed-service providers and small businesses, has launched Benji Payments, which it says offers payment processing directly within the company’s platform. Adyen NV’s Adyen for Platforms is serving as payment service provider. Paysafe Ltd. will become a recommended acquirer for card transactions on Pay.com’s payment-orchestration platform under a …
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The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day. The President’s backing breathes new life into the bill, which has been bandied about Capitol Hill for years. The last major …
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Payments and rewards platform Blackhawk Network said it will issue two Mastercard-branded products: the Drive Prepaid Card, aimed at EV adoption programs, test drive incentives, and other programs related to automobiles; and the Grocery Prepaid Card, meant for cost relief. Polygon Labs, a blockchain-based payments company, announced agreements to acquire Coinme, a …
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The Electronic Payments Coalition and other banking industry groups late Monday warned that enacting President Trump’s proposed one-year 10% cap on credit card interest rates would cause the majority of credit card holders to lose access to credit. President Trump, who first floated the proposal during his 2024 presidential campaign, …
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A recap of the top 10 posts on DigitalTransactions.net in 2025. #1 Eye on AI: Worldpay Adds AI Safeguards; Pushpay’s Approach to AI [Aug. 14] As artificial intelligence use builds in the commercial world, its manifestations in consumer-facing payments applications continue to emerge. The latest developments include processor Worldpay using Trulioo’s …
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[Aug. 8] With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while Capital One Financial Corp. emerges as the big winner. U.S. District Court for the District of North Dakota …
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[Aug. 13] Six months after issuing an API code to enable surcharging for online transactions, Chicago-based Yeeld released YeeldPay, its surcharging program for merchants. Yeeld says YeeldPay is a no-code payment page that provides merchants across the United States with a compliant surcharging program that, because it uses the Yeeld Surcharging …
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Merchant groups late Friday filed written complaints regarding the latest settlement offer in their two-decades old lawsuit against Visa Inc. and Mastercard Inc. challenging card swipe fees. The settlement offer, which follows a rejected offer in 2024, was made in November. Merchant groups filing complaints were The National Association of …
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Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment Coalition. Swipe fees are projected to cost merchants at least $19.9 billion this holiday shopping season, up …
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