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The Official Merchant
Services Blog
The Official Merchant Services Blog
Visa Strengthens Digital Payments In Mexico With Majority Stake Acquisition In Prosa
The global payments giant Visa has finalized an agreement to buy out a majority stake in the Mexican payment processor PROSA. The undisclosed transaction aims to enhance digital p...
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Michael G. Rhodes Takes The Reins As CEO And President Of Discover Financial Services
Credit card industry leader Discover Financial Services (DFS) has officially named Michael G Rhodes its CEO and president. The appointment is set to take effect on or before 6th M...
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Amazon Excludes Venmo As A Payment Option
Amazon has decided to discontinue the option of using Venmo as a payment method starting from January 10, 2024. This change comes over a year after Venmo was initially introduced...
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FreedomPay Teams Up With Citi Retail Services To Enhance Consumer Choice At POS Through Citi Pay
FreedomPay and Citi Retail Services have partnered to revolutionize how consumers shop. By integrating with the products of Citi Pay, this collaboration will enhance the point of ...
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IRS Mileage Rates 2024
The year 2024 is upon us and as we drive forward the Internal Revenue Service (IRS) has announced the updated mileage rates for this year. The IRS recently announced the updated m...
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Key Tech Trends And Stories To Keep An Eye On In 2024
As we are in 2024, it's clear that technology's rapid evolution won't be slowing down. The advances that made 2023 a standout year, like machine intelligence and blending the digi...
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Google Pay Pilots BNPL Service With Zip In The First Quarter Of 2024
The retail world is changing, thanks to Buy Now, Pay Later (BNPL) services like Affirm and Zip. These options let shoppers buy items and pay later, making shopping easier. Now, Go...
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Adobe And Figma End The $20 Billion Merger Due To Regulatory Roadblocks
Adobe has decided to cancel its planned acquisition of design software company Figma for $20 billion. The reason cited is the difficulty in getting approval from both the EU and t...
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Walmart Introduces Affirm’s Buy Now, Pay Later Option at Self-Checkout
Walmart is stepping up its game by adding a new payment choice at self-checkout stations in over 4,500 stores across the US. Now, shoppers can use Walmart BNPL provided by Affirm,...
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