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Fiserv adds data service for large merchants

Payments Dive

The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.

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Supreme Court’s swipe-fee stance emboldens large merchants

Payments Source

Large merchants are re-energized in their conflict with Visa and Mastercard on the issue of swipe-fee costs, following the U.S. Supreme Court’s refusal to reinstate a class-action settlement that deeply divided many of the plaintiffs.

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Visa-Mastercard settlement failed to treat merchants ‘equitably’

Payments Dive

A proposed Visa-Mastercard settlement failed partly because a judge overseeing the case determined large merchants wouldn’t benefit as much as smaller merchants.

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Adyen and KLM use open banking to skirt payment cards

Payments Source

Through a partnership with Adyen, Dutch airline KLM is one of the first large merchants to adopt an online payments approach that bypasses payment cards, powered by PSD2's open banking framework.

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Aevi and LEGI.ONE Partner to Make Advanced Payments Accessible to SMEs

Fintech Finance

This partnership makes advanced payment tools, once exclusive to large merchants, accessible to SMEs, allowing them to gain access to reliable, professional-grade technology originally developed for major market players. enables us to bring payment technology, originally designed for large merchants, to the SME segment.

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Large Merchants Drive 47 Percent Of Square’s GPV In Q1

PYMNTS

Bitcoin , subscriptions and services all played a part in Square ’s 45 percent year-over-year total revenue growth in the first quarter of 2018. But the company’s stock price fell in after-hours trading after Square’s new forecast for 2018 earnings came in below analyst expectations. Total net revenue reached $669 million in the first quarter.

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How U.S.-Israeli startup Behalf fits Visa's B2B strategy

Payments Source

New York- and Tel Aviv-based Behalf provides point-of-sale financing for SMEs making e-commerce purchases from large merchants. Visa will offer Behalf’s SME clients reusable, tokenized Visa virtual cards which give businesses instant loans for their purchases and flexible repayment schedules.