Two major practitioners of the art of payments orchestration have announced cloud-based payments vaults within hours of each other. Both new services, from Spreedly Inc. and Gr4vy Inc., promise sophisticated management of a wide range of payments data in a bid for more efficient transaction routing and settlement on behalf …

Online merchants today are faced with a difficult dilemma. They often operate with limited resources, which is especially true for independent retailers with smaller budgets. To expand their businesses, these merchants must carefully manage their financial and human resources, especially in the highly competitive world of e-commerce. So, here’s a …

Mid-size payments processors have contended with a pandemic, a sharply rising cost of funds, and pronounced inflation over the past few years, but that hasn’t stopped them from capturing volume, particularly from the small and medium-size merchants that have long been their specialty. In results reported early Thursday, Alpharetta, Ga.-based …

Merchants’ price for accepting credit cards has remained steady for years, according to data released Monday by the Electronic Payments Coalition, an advocacy group representing the payment card industry. The EPC’s release comes as widespread and longstanding merchant complaints about the cost of card acceptance have sparked efforts by federal …

Web registrar GoDaddy Inc. continued its push into payments Monday by adding Apple Inc.’s Tap to Pay on iPhone to the GoDaddy Mobile App. The inclusion of Tap to Pay on the GoDaddy app will enable small businesses to accept contactless payments on an iPhone without a dongle. Merchants need …

Visa Inc. is poised to lower on Saturday the amount a merchant can surcharge for transactions on its credit cards from a maximum of 4% to 3%, a move it announced early this year. Some observers acknowledge the reduction will happen, though Visa Inc. has not responded to Digital Transactions …

Intuit Inc. recently announced that it will end support for its QuickBooks Desktop Point of Sale 19.0, one of the oldest payment-accepting POS systems in the market, as of Oct. 3. Intuit is referring users to Shopify Inc., but other payments companies are scrambling for the business. The date of …