News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

What Merchants Are Doing Wrong With Credit Card Surcharges

What Merchants Are Doing Wrong With Credit Card Surcharges
What Merchants Are Doing Wrong With Credit Card Surcharges
September 16, 2022  |  Credit Cards

As inflation causes consumers to trade down and spend less, the notion of merchants adding a surcharge to credit card transactions is controversial and can...

READ MORE >
APIs Bridge FinTech Infrastructure and Bank Regulatory Expertise
APIs Bridge FinTech Infrastructure and Bank Regulatory Expertise
September 16, 2022  |  API

Regulatory frameworks such as the European Union’s Revised Payment Services Directive (PSD2) have played a critical role in the implementation of open banking, forcing retail...

READ MORE >
Banc of California Gets Into Merchant Acquiring With Global Payroll Gateway Buy
Banc of California Gets Into Merchant Acquiring With Global Payroll Gateway Buy
September 15, 2022  |  Acquisitions

Banc of California has bought the payments platform and tech of Global Payroll Gateway and its subsidiary Deepstack, giving it a one-stop shop solution for...

READ MORE >
36% of Consumers Say Instant Disbursements Boost Loyalty
36% of Consumers Say Instant Disbursements Boost Loyalty
September 15, 2022  |  Faster Payments

Instant disbursements whether from government or private entities are increasingly popular with consumers when offered and have a major impact on consumer perceptions of senders....

READ MORE >
FedEx Closes Stores and Grounds Planes as eCommerce Volume Falls
FedEx Closes Stores and Grounds Planes as eCommerce Volume Falls
September 15, 2022  |  Delivery

FedEx is closing offices and parking aircrafts to deal with revenue for the first fiscal quarter, which was below expectations due to declining package volumes...

READ MORE >
SEC’s Gensler Says Staking May Turn Crypto Into Securities
SEC’s Gensler Says Staking May Turn Crypto Into Securities
September 15, 2022  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has said Ethereum’s long awaited “Merge” could turn the cryptocurrency into a security, the Wall Street Journal (WSJ) wrote....

READ MORE >
Today in Crypto: Epic Games Lists First NFT Game; Coinbase Debuts US Politician Crypto Scorecard
Today in Crypto: Epic Games Lists First NFT Game; Coinbase Debuts US Politician Crypto Scorecard
September 15, 2022  |  Cryptocurrency

The marketplace for Epic Games has listed its first NFT Web3 title, Mythical Games’ “Blankos Block Party,” a Coindesk report said Thursday (Sept. 15). Get...

READ MORE >
Payments Platform Facepay Debuts Guaranteed Text-to-Pay for Auto Repair Shops
Payments Platform Facepay Debuts Guaranteed Text-to-Pay for Auto Repair Shops
September 15, 2022  |  Digital Payments

Facepay has rolled out guaranteed text-to-pay to help out with credit card chargebacks for auto shops, a press release said. Get the Full Story Complete...

READ MORE >
Biden Increases Screening of Foreign Investment for Security Risks
Biden Increases Screening of Foreign Investment for Security Risks
September 15, 2022  |  Regulation

The Biden administration is ordering the Committee on Foreign Investment (CFIUS) to add more scrutiny on deals that might give China access to critical tech...

READ MORE >