Transaction Processing

Visa Inc. and JPMorgan Chase & Co. said they will donate a dime to New York Cares through the month of September, up to a limit of $250,000, for each tap riders perform with a Chase Visa contactless card on subways or buses operated by New York City’s Metropolitan Transportation Authority.VPay, …

Stop & Shop, a New England grocer with more than 400 stores, said it is enabling online orders for pickup and delivery for customers using electronic benefits transfer payment services in four states. The Quincy, Mass.-based grocer, which is owned by Ahold Delhaize USA Co., said consumers using SNAP (Supplemental …

Apple Inc. will permit developers of applications for its App Store to tell customers by email that they can pay for products and services by means other than Apple’s own payment platform, according to a preliminary settlement announced Thursday. The settlement apparently will let developers skirt what are said to …

While consumers’ use of digital channels to pay bills has risen during the Covid-19 pandemic, one area of bill payment that has lagged in the transition to digital payments is billers that accept cash payments, such as utilities. On Thursday, payment-technology provider InComm Payments and bill-payment platform doxo Inc. announced they …

Stablecoins are coming to international disaster aid with the announcement Thursday that Ireland-based AID:Tech, a 5-year-old financial-services company specializing in relief distribution around the world, will work with Circle Internet Financial LLC to distribute aid via USD Coin, whose value is tied to the U.S. dollar. “Collaborating with AID:Tech to …

Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the …

Nearly four days after mega-processor Total System Services’ platform went offline, independent sales organizations that use the TSYS platform remain in the dark as to how and why the outage occurred. The outage, which has been described as a nationwide event for TSYS, occurred Saturday night and prevented TSYS, as …

Out of the gloom surrounding the U.S. economy since the onset of Covid-19 comes a report that consumer spending on credit and debit cards is not only robust, but also stronger than it was even two years ago. Dollar volume on payment cards in July was 21% higher than in …

The cost of fraud to merchants has risen since the onset of the Covid-19 pandemic. Each $1 in fraud costs retailers in the United States $3.60 in total expenses, compared to $3.13 pre-pandemic, according to LexisNexis Risk Solutions’ “True Cost of Fraud” study for e-commerce and retail merchants. U.S. e-commerce …

Fiserv Inc. is rolling out payment-acceptance technology to food-and-beverage vending machines in multiple markets across Europe in a move that supports mobile wallets as well as global and local payment cards. Selecta Group, operator of the machines, says its network supports devices in 16 countries selling snacks, meals, and coffee …