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Credit Card Processor Square Faces Lawsuit Over Merchant Payment Holds

Last month we reported that Square notified a small business merchant that it would withhold 30 percent of the transaction amount in a Reserve...

Kabbage Received Approval For Over 110,000 PPP Loans to Help Small...

Kabbage reports it has received SBA approval to fund over 110,000 Paycheck Protection Program (PPP) applications, surpassing $3.5 billion. With a focus on serving America’s...

PayPal Introduces QR Code Payments to Enable Touchless Commerce

PayPal rolled out the ability to use QR Codes to buy and sell goods in 28 markets around the globe. From farmers markets to...

QuadPay Partners With Stripe For Advanced Buy-Now-Pay-Later Payment Experiences

QuadPay, the payment installment platform, is partnering with Stripe to power advanced buy-now-pay-later experiences that boost conversion and let consumers start shopping instantly both...

Shopify Merchants Can Now Accept Local Currency Payments in 19 Emerging...

Cross-border payments solution for emerging markets, dLocal has partnered with Shopify to enable its SMB merchants to offer local payment methods in more than...

U.S. Postal Service Second Quarter Fiscal 2020 Results – Another Big...

The U.S. Postal Service reported total revenue of $17.8 billion for the second quarter of fiscal 2020 (January 1, 2020 - March 31, 2020), an increase...

Square Launches Online Checkout Enabling Retailers to Sell Online Quickly

Payment processing company Square is introducing Square Online Checkout, an online checkout link or button that allows retailers and bloggers to accept payments without...

Report: Square Holding Funds on Business For 120 Days With No...

A small business owner forwarded us an email they received from Square that describes a policy to protect its cash flow in favor of...

Visa is Providing Tools and Services to Support The Immediate Shift...

Across the globe people are settling into a new normal — an immediate acceleration of digital shopping — which has dramatically changed the way...

PayPal Released Its 2019 Global Impact Report

PayPal released its third annual Global Impact Report, publishing its environmental, social, and governance (ESG) strategies and activities of its global operations for 2019. The...