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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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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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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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Crédit Agricole signs Wirecard to grow European footprint

Payments Source

French banking giant Crédit Agricole’s payments unit has signed a deal with Wirecard to develop an integrated payment acceptance and acquiring platform serving large merchants.

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Worldline to buy Digital River World Payments for European expansion

Payments Source

to bolster its online payments offerings to large merchant clients. Payments services provider Worldline has agreed to acquire the Digital River World Payments unit of Digital River Inc.