PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14% to $403.9 billion in the quarter, the company said in its most recent earnings supplementals,...
The National Retail Federation (NRF) on Friday (April 26) asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over swipe fees charged to merchants to process Visa and Mastercard credit card transactions. “This ‘settlement’ is a backroom deal struck without...
When it comes to payment solutions, merchants today have a growing number of options. But all the options in the world don’t translate to business success, and the integration of innovative payment solutions into existing business models isn’t always as seamless as merchants might want....
Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants across industries, including fundraising and nonprofit, digital services, gaming and entertainment, according to a Wednesday (March 20) news release. The...
April 30, 2024
PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14% to $403.9 billion in the quarter, the company said in its most recent earnings supplementals, released Tuesday (April 30). Active accounts were up 0.4%, adding […]
April 03, 2024
When it comes to payment solutions, merchants today have a growing number of options. But all the options in the world don’t translate to business success, and the integration of...
August 10, 2023
Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to re-think B2B loyalty. When it...
June 13, 2023
Although an increasing number of payment companies are transitioning their workloads to the cloud, the use of manual, on-premises payment hardware security modules (HSMs) — physical computing devices designed to...
May 09, 2024
InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims to increase the Cover Genius’s authorization rates of online payments by offering local payment methods in the Americas, Europe and the Asia-Pacific region, the companies said in a Thursday (May […]
March 20, 2024
Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants across industries, including fundraising and...
February 28, 2024
Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. The deal will see Stripe and some of its investors purchase more than $1 billion in stock from current...
February 15, 2024
Online payment processing platform Checkout.com has reportedly recorded a $126 million loss in its U.K. business. The company was hit by reduced consumer spending and higher inflation, which led to stalled...
