Retail


  • PayPal signage outside its corporate campus on a bright day
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    Justin Sullivan via Getty Images
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    PayPal pays up for talent

    The digital payments pioneer delivered sizable pay packages last year after it hired new executives, including one landing $29.4 million in annual compensation.

    By April 25, 2025
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    Permission granted by Fiserv
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    Fiserv to acquire Brazilian fintech Money Money

    The processor’s purchase will benefit its Clover unit in its effort to provide financing to small businesses, the company said.

    By April 24, 2025
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    tommy via Getty Images
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    Trendline

    Payments industry seeks to keep pace with fraudsters

    As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.

    By Payments Dive staff
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    Viorika via Getty Images
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    Trade group pushes directory for instant payments

    The U.S. Faster Payments Council advocated for an open and secure directory service to increase real-time payment adoption, per a report earlier this month.

    By April 23, 2025
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    SDI Productions via Getty Images
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    Q&A

    Spire pushes pay-by-bank model

    Direct bank payments at the point of sale will become more attractive to merchants through a Discover Financial tie, the CEO says.

    By Justin Bachman • April 17, 2025
  • Juice bar merchant takes card for transaction.
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    jacoblund via Getty Images
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    Pay-by-bank should offer perks: Deloitte

    Banks must persuade merchants and consumers the payment method is an acceptable alternative to credit cards, the consulting firm suggested.

    By April 17, 2025
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    Southworks

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    FIS, Global Payments agree to Worldpay deal

    Fidelity National Information Services and Global Payments unveiled a deal Thursday in which FIS plans to buy the latter’s issuer business and sell its Worldpay stake. 

    By April 17, 2025
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    Drazen Zigic via Getty Images
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    Shazam sheds merchant services to focus on debit

     The network company divested its merchant services portfolio this month to concentrate on its core business.

    By April 16, 2025
  • A customer pays using a Clover device
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    Permission granted by Fiserv
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    Klarna partners with Fiserv’s Clover

    A recently signed deal will bring Klarna’s installment loans to Clover checkout at merchants across the U.S.

    By April 16, 2025
  • Juice bar merchant takes card for transaction.
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    jacoblund via Getty Images
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    Worldpay delivers payments industry insights in DC

    Executives of the merchant services company visited Capitol Hill this month to connect with congressional staffers and share their views on payments.

    By April 15, 2025
  • A person displays their open wallet and cards
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    Joe Raedle / Staff via Getty Images
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    Credit card 90-day delinquencies rise to record: report

    The percentage of U.S. credit card accounts past due for 90 days was the highest in 12 years during the fourth quarter, a Philadelphia Federal Reserve report said.

    By April 15, 2025
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    tedestudio via Getty Images
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    Q&A

    How one startup coordinates your payments

    Payments orchestration is an increasingly critical task as merchants seek cost efficiencies and the ability to add new payment alternatives and technologies.

    By Justin Bachman • April 11, 2025
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    Courtesy of Square
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    PayPal, Block and others face recession risk: analysts

    As President Trump’s tariff war raises the specter of a U.S. recession, analysts cited certain payments players as potentially more vulnerable in an economic downturn.

    By April 10, 2025
  • PayPal sign outside in front of parking lot with cars in background.
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    Justin Sullivan via Getty Images
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    PayPal’s Xoom, Tencent partner on cross-border payments

    The deal provides another avenue for customers seeking to send remittances to Chinese consumers.

    By Tatiana Walk-Morris • April 10, 2025
  • Fiserv's headquarters in Milwaukee
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    Fiserv acquires Australian payment facilitator Pinch

    The move comes after the Milwaukee-based payments processor said it would expand its Clover point-of-sale service in Australia.

    By April 9, 2025
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    Alex Wong / Staff via Getty Images
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    Fiserv says US trade war could harm demand

    The company’s point-of-sale devices are manufactured overseas, and therefore subject to across-the-board import taxes.

    By April 8, 2025
  • Sen. Dick Durbin stands in front of National Restaurant Association logo screen with members of that association.
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    Permission granted by Durbin's senate office
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    Durbin rounds up CCCA support

    The Democrat from Illinois asked retail and restaurant industry representatives this week to help build support for the Credit Card Competition Act, but it has yet to be introduced this year.

    By April 4, 2025
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    Joe Raedle via Getty Images
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    Debit cards top Fed’s fraud troubles list: survey

    Card and check fraud continue to plague financial institutions, a new survey from the Federal Reserve Financial Services shows.

    By Tatiana Walk-Morris • April 4, 2025
  • Apple CEO Tim Cook stands on stage in front of a dark background that has the Apple logo and the word 'card.'
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    Michael Short via Getty Images
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    Visa, Mastercard have edge over Amex for Apple: analyst

    As companies joust to become the tech giant’s card network, some analysts give Visa and Mastercard an advantage over American Express.

    By April 3, 2025
  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv promotes Takis Georgakopoulos to COO

    Georgakopoulos replaced Guy Chiarello as chief operating officer, with the latter moving to a different role at the payments processor.

    By April 2, 2025
  • Discover sign at driveway entrance to headquarters with flowers in front.
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    Lynne Marek/Payments Dive
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    Discover CEO may reap $2.4M bonus

    Michael Shepherd will remain as interim chief executive officer potentially through June, and receive a $2.4 million cash bonus if the sale to Capital One closes by then.

    By March 31, 2025
  • Shopify partners with Affirm.
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    Courtesy of Affirm
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    Affirm COO: Walmart deal was “uneconomic”

    Walmart makes up a relatively small portion of Affirm’s business that the buy now, pay later company can make up elsewhere, Chief Operating Officer Michael Linford said.

    By March 31, 2025
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    Spencer Platt via Getty Images
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    Swipe fee foes find legislative support in almost a dozen states

    The battle to curb interchange fees has migrated from Illinois across the nation, with bills in 11 states seeing robust lobbying.

    By Justin Bachman • March 28, 2025
  • A branch of Citibank in the Financial District of San Francisco, California is pictured on February 9, 2020.
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    hapabapa via Getty Images
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    CFPB nixes filing in case tied to Electronic Funds Transfer Act

    The bureau’s brief was withdrawn because it “advances an interpretation of the law that has never been embraced by any federal court prior.”

    By Gabrielle Saulsbery • March 27, 2025
  • Block Head Jack Dorsey testifies during a Senate Intelligence Committee hearing on Capitol Hill.
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    Drew Angerer via Getty Images
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    Block shrinks workforce 8%

    The job cuts appear aimed at making the company more efficient, according to TD Cowen analysts.

    By March 27, 2025
  • nigel morris and fintech meetup founder on stage at fintech meetup in las vegas, nevada
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    Permission granted by Gabrielle Saulsbery
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    Q&A

    Fintechs egg on ‘willingness to challenge norms,’ Bolt president says

    Justin Grooms expects fintechs to keep pushing the payments industry forward with more competition for legacy players.

    By March 25, 2025