MoneyGram, Carrefour expand tie

The partnership between the money transfer company and the global retailer will bring MoneyGram’s services to about 500 Carrefour locations next year.

By Tatiana Walk-Morris • April 17, 2023

Visa remains cryptic about new surcharge cap

The card giant is set to impose a new surcharge cap of 3% tomorrow, but many payments processing professionals are still searching for details about it.

By Lynne Marek • April 14, 2023

Explore the Trendline➔

Cross-border payments targeted for upgrades

When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

By Payments Dive staff

SF tech worker charged in murder of Cash App founder

San Francisco police arrested an IT worker in the murder of Bob Lee, who was knifed to death in the early morning hours of April 4. Police declined to discuss a motive at a Thursday press conference.

By Gabrielle Saulsbery • April 13, 2023

Why card networks should embrace gun codes

Using the new merchant category code for gun and ammunition sales “could help identify dangerous patterns,” one advocacy group lawyer argues.

By Adam Skaggs • April 13, 2023

Square rolls out new features

Facing stiff competition, Block’s merchant services unit Square is adding tools for its merchant clients.

By Caitlin Mullen • April 13, 2023

Convenience chain Jacksons Food Stores adds bitcoin ATMs

The Bitcoin Depot ATMs will be installed in every state where the convenience chain operates — Idaho, Nevada, Oregon, Utah, California, Washington and Arizona.

By Jessica Loder • April 13, 2023

Visa rattles ISOs with surcharge plan

Payment processors and their merchant clients are bracing for Visa’s 3% surcharge cap. “Don’t fight Visa right now – you’re not going to win,” advises one consultant.

By Lynne Marek • April 12, 2023

FTV Capital hunts payments prizes

Venture capital firms face challenges in picking payments and fintech investments amid the wreckage and waiting for the right prices.

By Caitlin Mullen • April 12, 2023

Amazon paytech added to Whole Foods stores

Eleven of the specialty grocery chain’s locations in Colorado are now equipped with Amazon One technology, the e-commerce giant’s palm-based frictionless checkout option.

By Peyton Bigora • April 11, 2023

Visa forges new tie to PayPal

Visa will help connect PayPal and its Venmo unit via a new P2P tool that will also draw in other payments players, including DailyPay and Western Union.

By Lynne Marek • April 11, 2023

Pavilion Payments plots growth

The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.

By Caitlin Mullen • April 11, 2023

Walmart sues Capital One to end credit-card deal

Capital One failed to meet standards outlined in the contract, such as issuing replacement cards and promptly processing payments and posting transactions, Walmart alleged.

By Anna Hrushka • April 10, 2023

Sezzle CEO embraces company’s underdog status

Charlie Youakim, co-founder of the buy now, pay later company, said the company has defied the odds in carving its own path. “Every step is a little bit unusual,” he said.

By Caitlin Mullen • April 10, 2023

North American Bancard taps Virtualitics’ AI tech

The artificial intelligence and data analytics company aims to help North American Bancard protect its merchants from payment processing fraud, Virtualitics CEO Michael Amori said.

By Tatiana Walk-Morris • April 7, 2023

Stripe’s growth slows

In an annual letter, the digital payments darling’s co-founders acknowledged a “significant deceleration” in payment volume for 2022 and a tougher environment for startups. 

By Caitlin Mullen • April 6, 2023

Cash App founder dead after stabbing, police say

No arrests have been made in the Tuesday morning death of Bob Lee, the chief product officer at crypto firm MobileCoin, police said.

By Gabrielle Saulsbery • April 5, 2023

PayPal expands tie with Live Nation

The digital payments pioneer, facing more competition in the checkout space, this week announced moves to serve large corporate customer Live Nation and small businesses.

By Caitlin Mullen • April 5, 2023

7-Eleven, Circle K ramp up bitcoin ATMs

The retailers are partners with Coinhub, which is bringing about 1,000 machines to convenience stores around the country.

By Brett Dworski • April 5, 2023

ConnexPay takes aim at bigger rivals

The payments gateway startup, which handles acquiring and issuing, is positioning itself as a nimbler competitor to the likes of Stripe and Wex.

By Caitlin Mullen • April 4, 2023

EWS readies Paze to help banks take on digital wallet market

Even with the backing of the nation’s largest banks, the platform, set for a June launch, will have adoption and security hurdles to overcome to grab a slice of the digital wallet market, industry experts say.

By Anna Hrushka • April 3, 2023

Index Ventures partner talks fintech fundraising

An investor at a VC firm that’s backed payments players Adyen, Plaid and Wise says it’s the right environment “to craft interesting deals.” 

By Caitlin Mullen • March 31, 2023

Synchrony mulls creating a digital wallet

The private label card company behind many retailers’ credit options may develop its own digital wallet, but for now it’s deferring to others’ wallets.

By Lynne Marek • March 29, 2023

Apple rolls out initial BNPL service

The tech giant delivered an initial version of its long-awaited buy now, pay later service for select U.S. users, with plans for a broader launch later this year.

By Lynne Marek • March 29, 2023

Senators urge BNPL crackdown

Three Democratic U.S. senators pressed the Consumer Financial Protection Bureau to bring big buy now, pay later providers under federal oversight.

By Caitlin Mullen • March 28, 2023

DoorDash to offer SNAP online purchasing for grocery orders

Offering the payment option will reduce accessibility barriers to getting groceries, as well as boost convenience for SNAP users, DoorDash said.

By Catherine Douglas Moran • March 28, 2023