Merchant

The update, delayed from last year, would be the most substantial change to the interchange rate structure in a decade — and the card networks have not signaled plans to delay it further.

COVID-19 has pushed an increasingly popular, non-traditional POS lending product into the mainstream.

The Small Business Administration is still writing rules for the Paycheck Protection Program two months after its relaunch. Lenders fear they may not have enough time to review those rules before the program’s March 31 expiration date.

The post-pandemic world requires serving multitasking consumers. Checkout.com exec and "Card Forum: Contactless" presenter Bradley Riss discusses how that works in a preview of our virtual conference.

CardX, which enables merchants to add a fee for accepting credit cards, won by showing how its product provides transparency to consumers.

The payment processing company will offer loans and deposit accounts to its small-business customers through a Utah-based industrial bank.

Turnaround times on loans in the 504 program are stretching out for weeks as the Small Business Administration grapples with a spike in applications and responsibilities tied to the Paycheck Protection Program.

As wireless handset costs rise, American Express is throwing in insurance coverage for phone repair or replacement on top-tier rewards cards as another way to get upscale travel-and-entertainment customers to stick around as the pandemic drags on.

The council plays a critical role ensuring technology meets robust security needs as fraud risks rise, says MYPINPAD's Justin Pike.

Supermarkets and restaurants were already starting to go digital when the pandemic pushed hard on the gas. Expect more mobile and virtual experiences —and much less space for sit-down dining.