First-party fraud, often called friendly fraud, is the bane of online retailers. Chargeback management provider Chargebacks911 says friendly fraud accounts for 43.8% of total chargebacks in its 2026 Field Report. Relying on responses from more than 250 merchants, the report also finds 83.4% of enterprise merchants reported an increase in …
Read More »Affirm and Shopify Expand Shop Pay to Australia, the Pair’s Fourth Market
The installment-payments platform Affirm Holdings Inc. and online commerce service Shopify late Thursday announced they have expanded their 5-year-old collaboration, Shop Pay Installments, to Australia. The service, which lets consumers use the Shop Pay button to check out on e-commerce sites and then pay over time with Affirm, is active …
Read More »PayPal Pursuit Ends and other Digital Transactions News briefs from 8/28/26
PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of $53 billion, or $60.50 per share, as too low. PayPal’s shares were trading at $61.47 at the market’s close Thursday. Some 47% …
Read More »Block’s Neighborhoods Lands 30,000 More Sellers
Neighborhoods, a service launched by Block Inc. in October to connect its sellers with its Cash App users, has added 30,000 sellers since the end of June. Block, and its Square acquiring unit, intended for Neighborhoods to create a local commerce network for both merchants and consumers. Neighborhoods provides sellers …
Read More »Miracle Pay’s POS Crypto Plan and other Digital Transactions News briefs from 8/26/26
Miracle Pay, a provider of payments technology for merchants, said it will work with zerohash, a provider of cryptocurrency technology, to enable stablecoin acceptance at both physical and online merchants. At the point of sale, consumers will use crypto wallets on their phones to fund transactions. A survey of 1,000 consumers …
Read More »More Than 20 Years On, Cloud-Based POS Adoption Not Complete
New research from Coresight Research and point-of-sale provider Aptos finds that, despite more than 20 years since the first cloud-based point-of-sale system debuted, many retailers still have yet to make the move fully to such systems. In the “Retail POS Modernization: Strategic and Financial Case for Transformation” report, commissioned by …
Read More »Nayax Lays Out $350 Million to Acquire Parking Maestro IPS Group
The combination will expand Israel-based Nayax’s reach by adding the 250,000 parking spaces San Diego-based IPS controls in the U.S. and Canada, as well as in the United Kingdom and Ireland. The locations include city street spaces as well as college-campus and commercial slots. IPS manages the spaces through smart …
Read More »Walmart’s OnePay Expands Apple Pay Wallet Support
OnePay, the financial-services company majority owned by Walmart Inc., is adding support for Apple Inc.’s wallet for its credit cards, enabling cardholders to use their cards to make Apple Pay transactions. The OnePay debit card has supported Apple Pay since 2022. Adding Apple Pay support coincides with Walmart enabling contactless …
Read More »PayRewards Enters the U.S. Offering Points for Small Business Spending
An Australia-based payments processor and rewards player is launching in the U.S, market on the back of $28 million in fresh investor funding. PayRewards, which specializes in small businesses, says it will offer rewards on a wide range of corporate spending, including automated clearing house transactions as well as credit …
Read More »PublicSquare Lands Payments Integration with LendSuite
Payments companies continue to court potentially lucrative software integration deals with PSQ Holdings Inc. among the latest to do so. West Palm Beach, Fla.-based PSQ says its PSQ Payments unit will supply credit and debit card and automated clearing house payments, along with instant payment processing via FedNow and RTP …
Read More »