Retail: Page 2


  • A Chevrolet Volt extended-range electric vehicle
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    Bill Pugliano via Getty Images
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    Barclays replaces Goldman Sachs as GM card issuer

    The London-based consumer bank will issue two GM credit cards in the U.S., beginning next summer.

    By Oct. 14, 2024
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    Moowan Photo via Getty Images
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    Worldpay taps Aeropay for gaming payments assist

    The two payments companies have teamed up to provide account-to-account payments for gaming merchants and their customers.

    By Oct. 14, 2024
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    innni via Getty Images
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    Trendline

    Payments players eye digital B2B opportunity

    Companies offering digital payments services envision billions of dollars in U.S. business payments flow ripe for transitioning to the electronic realm.

    By Payments Dive staff
  • A sign is posted in front of Nvidia headquarters on February 22, 2023 in Santa Clara, California.
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    Justin Sullivan / Staff via Getty Images
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    Stripe partners with Nvidia, Pepsi and Rivian

    The payments software provider announced a slew of new partnerships on Wednesday, also with Amazon and AMC Networks.

    By Oct. 11, 2024
  • A photo of a person using a Grabango machine to check out.
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    Courtesy of Grabanco
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    Automated-checkout company Grabango shuts down

    The tech company was unable to secure the funding needed to continue operating, a spokesperson said.

    By Brett Dworski , Jeff Wells • Oct. 11, 2024
  • A rifle is seen in a store window
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    Spencer Platt / Staff via Getty Images
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    New York Governor signs gun code law

    Gov. Kathy Hochul signed a new law Wednesday requiring merchants to use a gun code, saying it could help prevent mass shootings.

    By Oct. 10, 2024
  • Woman standing behind counter and cash register serves ice cream cone.
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    Permission granted by Lynne Marek
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    Toast increases processing fees, adds surcharge feature

    The digital restaurant payments provider raised processing fees for some restaurant clients. Separately, it’s aiding clients in adding surcharges on their customers’ orders.

    By Oct. 9, 2024
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    Creative via Getty Images
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    Global Payments embarks on ‘transition’ year

    The payments processor expects to undertake possible divestitures, beginning this year, as part of an effort to jump-start revenue in subsequent years.

    By Oct. 9, 2024
  • Money moving through cyberspace.
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    Viorika via Getty Images
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    MoneyGram attack exposed sensitive customer data

    The attack led to a days-long outage in September. The money transfer firm hasn’t described the nature of the incident or said how many people have been impacted.

    By Matt Kapko • Oct. 9, 2024
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    Bonnie Cash via Getty Images
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    Durbin jumps into Illinois interchange law fray

    Sen. Dick Durbin threw his weight behind an Illinois law that would nix interchange fees on taxes and tips, supporting the edict in a court document filed Friday.

    By Oct. 8, 2024
  • Key on keyboard that says "Pay Now."
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    abdoudz via Getty Images
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    Real-time payments to make uneven progress, report predicts

    The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.

    By Oct. 7, 2024
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    Permission granted by Adyen
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    Sponsored by Adyen

    How Hugo Boss, Prada provide bespoke service with payments

    These retailers have focused on innovative ways to create tailored services that align with their overall luxury shopping experience.

    Oct. 7, 2024
  • OCC
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    Retrieved from OCC.
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    OCC seeks to halt Illinois card interchange fee law

    The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.

    By Oct. 3, 2024
  • U.S. Attorney General Merrick Garland stands at a podium with hands lifted, shrugging with a smirk.
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    Kent Nishimura via Getty Images
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    Visa expected to temper competitive moves after DOJ action

    The card network may bend to emboldened fintech rivals and more assertive merchants following the Justice Department’s antitrust lawsuit.

    By Oct. 3, 2024
  • A group of people wait outside a grocery store glass door that has a sign posted on it.
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    Jonathan Drake/Reuters

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    Hurricane Helene aftermath prompts card, cash troubles

    After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.

    By Oct. 3, 2024
  • Visa debit cards antitrust
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    Roy Rochlin via Getty Images
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    Visa boosts litigation funding ahead of US antitrust fight

    The company added $1.5 billion to a litigation escrow account as it battles a Justice Department lawsuit and ongoing legal case with merchants.

    By Justin Bachman • Oct. 1, 2024
  • A scene with people standing at colorful booths at the Nacha Faster Smarter Payments conference in Miami in 2024.
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    Lynne Marek/Payments Dive
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    Payments conferences to keep on your radar for 2025

    Artificial intelligence, FedNow and the ISO 20022 standards are expected to be hot topics at next year’s events.

    By Shefali Kapadia • Oct. 1, 2024
  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    Affirm may offer discounts after Fed interest rate cut

    The Federal Reserve’s interest rate reduction may give the company leeway to offer more consumers 0% interest or a lower APR, Affirm CFO Michael Linford said this week.

    By Oct. 1, 2024
  • A man stands in front of a podium in a suit.
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    Bill Pugliano via Getty Images
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    Trump interest rate cap draws criticism

    Fewer people would be approved for credit cards, and credit card issuers would offer fewer perks, opponents of the longshot proposal say.

    By Sept. 30, 2024
  • Digital payments
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    Courtesy of Adyen
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    Fed dissects consumer use of digital payments

    While most U.S. households have a bank account, just under half use a nonbank payment service, Kansas City Federal Reserve Bank research says.

    By Tatiana Walk-Morris • Sept. 30, 2024
  • Bank sign on glass wall of business center
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    ultramarine5 via Getty Images
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    FDX seeks to become open banking standard-setter

    The Consumer Financial Protection Bureau will decide whether an organization’s practices are transparent and balanced enough to set standards for open banking.

    By Sept. 26, 2024
  • MoneyGram telephone sits on store counter.
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    Retrieved from Lynne Marek on March 04, 2022
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    Moneygram faces backlog after outage

    The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.

    By Sept. 26, 2024
  • Visa cards are fanned out on table
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    Justin Sullivan / Staff via Getty Images
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    How Visa stymied big tech rivals

    The U.S. lawsuit paints a picture of the dominant card network using lures and threats to stifle competition from competitors Apple, PayPal and others.

    By Sept. 25, 2024
  • Sezzle CEO Charlie Youakim
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    Permission granted by Sezzle
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    Q&A

    Sezzle evolves alongside BNPL industry

    The company now offers more products but also faces more regulatory pressure, Sezzle CEO Charlie Youakim told Payments Dive.

    By Sept. 25, 2024
  • Visa debit cards antitrust
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    Kent Nishimura via Getty Images
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    DOJ suit accuses Visa of illegal debit payment monopoly

    The company threatens merchants with high fees, and "makes its potential rivals business partners to thwart competition in debit card processing," the DOJ says.

    By Justin Bachman • Sept. 24, 2024
  • A close up view of a stack of visa bank cards.
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    Justin Sullivan via Getty Images
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    Visa faces possible DOJ lawsuit, news reports say

    The card network may soon be sued by the Department of Justice over its debit card practices, according to multiple news reports citing anonymous sources.

    By Sept. 24, 2024