Payments processor Global Payments Inc. reported it began to see a significant impact on its results in mid-March from the Covid-19 pandemic, and now expects first-quarter adjusted net revenue to be up “slightly” for the quarter year-over-year. Citing the unknown “duration and severity” of the pandemic on its business, Global Payments suspended …

Supermarket giant Publix said it is installing contactless-payment capability in all 1,242 of its stores in an effort expected to be completed by Saturday. The move will allow customers with mobile devices to pay via Apple Pay, Google Pay, or Samsung Pay. The chain also said it is beefing up efforts to …

Public-transportation fare payments are morphing from closed-loop magnetic-stripe cards to contactless cards and mobile payments. Up next: One app to pay for all, including scooters, bikes, and shared rides. Tokens are long gone and magnetic stripes are going. Contactless is coming. Beyond that, one app for all? That, in a …

“Social distancing,” the idea that we can slow down the spread of the novel coronavirus by isolating ourselves as much as is practicable, could help fight the disease but may also have bad knock-on effects of its own. It could shut down restaurants and other socially minded businesses, causing layoffs …

After what it calls a “comprehensive search process,” prepaid-payments and banking-services provider Green Dot Corp. has found a new chief executive to replace founder and long-time CEO Steven Streit. The Pasadena, Calif.-based company said Wednesday payments veteran Daniel Henry is taking over from interim CEO William Jacobs, who has served …

With much of the world locked down in combatting the novel coronavirus pandemic, a financial trade group in the United Kingdom said Tuesday the country would increase the spending limit on contactless transactions by 50% effective April 1. The move will allow consumers to pay without touching a keypad or …

Often overlooked in the market for digital bill payments is the need for immigrants, expats, and other persons living in one country to pay bills to service providers based in another country. To make that connection, international remittance service WorldRemit Ltd. said on Monday it is working with bill-payment platform Paykii …

Repay Holdings Corp. said its 2019 card payment volume of $10.7 billion was a 44% increase over the combined 2018 figures for its constituent units, the Atlanta-based processor reported Monday. Formed in mid-2019 through the merger of Hawk Parent Holdings LLC and a subsidiary of Thunder Bridge Acquisition Ltd., Repay …

So, how much will Covid-19 have affected payment card dollar and transaction volumes when the card networks and merchant processors report their first-quarter financials beginning in about a month? At this point, it’s way too early to tell. An early read might come Tuesday when American Express Co. is scheduled …

Nacha’s Smarter Faster Payments 2020 Conference has been canceled because of concerns related to the novel coronavirus. Nacha said it is trying to develop a free virtual event with select educational content. Next year’s conference is scheduled for April 25-28 in San Francisco.Dueling bills have been introduced in the Delaware Legislature that would …