PayPal elicits skepticism from analysts

Analysts have soured on PayPal’s prospects, at least for now, noting competition is encroaching on the payment pioneer’s turf as a new CEO tries to make gains.

By Lynne Marek • Jan. 16, 2024

Fiserv seeks special purpose bank charter

The designation would allow the payment processor to own transactions from end-to-end, removing the need for a bank partner.

By Caitlin Mullen • Jan. 12, 2024

Explore the Trendline➔

Digital wallets proliferate as features advance

As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

By Payments Dive staff

Payments M&A in 2023 amounts to a whimper

October’s uptick in activity didn’t continue through the remainder of the year, capping a quiet year for merger and acquisition activity in payments.

By Caitlin Mullen • Jan. 12, 2024

States race ahead of US lawmakers in payments

State lawmakers and regulators are out-running their national peers in giving direction to the fast-evolving payments industry.

By Lynne Marek • Jan. 12, 2024

Amazon brings cashierless tech to hospitals

After opening automated stores on college campuses and in sports stadiums, the tech giant is moving into healthcare facilities.

By James Pothen • Jan. 11, 2024

Convenience retailer Maverik taps Relay’s fuel payment tech

The Salt Lake City-based convenience store retailer joins Yesway and Pilot in implementing Relay’s contactless purchasing platform.

By Brett Dworski • Jan. 11, 2024

Visa debuts Web3 loyalty program

As the card network behemoth ventures into the Web3 experience, some firms are scaling back there.

By Tatiana Walk-Morris • Jan. 10, 2024

California’s DFPI fines Credova $50K

The buy now, pay later provider catering to gun sellers didn’t inform consumers of potential convenience fees, the state agency said.

By Caitlin Mullen • Jan. 10, 2024

Remitly taps ads to woo new clients

The cross-border payments company has boosted marketing to build up its remittance clientele.

By Lynne Marek • Jan. 10, 2024

6 payments trends to watch in 2024

Swipe fee battles, real-time payments, fraud prevention and acquisition plans will be among the hot topics pulsing through the industry this year.

By Lynne Marek , Caitlin Mullen , James Pothen • Jan. 9, 2024

Visa cracks down on surcharge programs

The card network company is boosting efforts to enforce surcharge rules, with non-compliance potentially resulting in fines up to $1 million, according to one card processor.

By Lynne Marek • Jan. 8, 2024

Florida weighs cashless ban

Lawmakers in the state are considering legislation that would require merchants to accept cash payments.

By Caitlin Mullen • Jan. 5, 2024

Holiday shoppers spent $16.6B online using BNPL: report

BNPL usage hit an all-time high during the season, with Cyber Monday as the largest day on record for the payment method, according to Adobe.

By Tatiana Walk-Morris • Jan. 4, 2024

NY governor pursues BNPL regulation

New York Gov. Kathy Hochul is seeking to require buy now, pay later providers to obtain a license to operate in the state, in addition to other potential regulations for the industry.

By Caitlin Mullen • Jan. 3, 2024

Endava exec talks super apps, Paze and embedded payments

The consulting firm’s global marketing head explained in an interview why a bank-backed digital wallet won’t be “the PayPal killer” and why the U.S. hasn’t seen a super app for payments.

By James Pothen • Jan. 3, 2024

New York enacts surcharge law

The state’s new law will force merchants to limit credit card surcharges and more clearly disclose them to consumers. If the businesses don’t, they could face a $500 penalty.

By Lynne Marek • Jan. 3, 2024

Trade group girds for 2024 CCCA fight

The Electronic Payments Coalition is “fully funded” for the continuing fight over the proposed Credit Card Competition Act this year, said the organization’s executive chairman.

By Lynne Marek • Dec. 22, 2023

How Google’s settlement will change in-app payments

Google’s settlement with attorneys general this week includes a lengthy list of changes the tech titan must make in its approach to in-app payments.

By Lynne Marek • Dec. 21, 2023

Walmart adds Affirm to self-checkout kiosks

In an expanded partnership between the two companies, Walmart is adding Affirm’s buy now, pay later option at its checkout kiosks at most stores.

By Tatiana Walk-Morris • Dec. 21, 2023

Visa leans on fintech partners

Teaming with emerging fintechs is “a way of staying very, very relevant,” said Jim Schinella, Visa’s global head of digital partnerships.

By Caitlin Mullen • Dec. 20, 2023

Don’t know what a digital wallet is? We’ve got you covered.

This primer fills in the gaps on how digital wallets work, what companies compete to provide such payment tools and what to expect from them in the future.

By James Pothen • Dec. 20, 2023

Senators prod CFPB on BNPL oversight

Three Democratic lawmakers worried about financially vulnerable consumers during the holiday shopping season urged the Consumer Financial Protection Bureau to keep an eye on buy now, pay later offerings.

By Lynne Marek • Dec. 19, 2023

Visa seeks majority stake in Mexico payments processor

The card network giant said it plans to purchase a controlling interest in Prosa, with banks retaining a minority stake, subject to regulatory approvals.

By Lynne Marek • Dec. 15, 2023

Senators keep pressure on PayPal, Block

Senate Democrats urged top executives at PayPal and Block, in another round of letters, to improve reimbursement for victims of payment scams.

By Lynne Marek • Dec. 14, 2023

Synchrony, Bread plan offsets to late fee cap

“I want that shoe to drop so we can start mitigating that issue,” Bread CEO Ralph Andretta said last week, as the industry awaits the CFPB’s final rule.

By Caitlin Mullen • Dec. 14, 2023