Merchant

The big box retailer is streamlining the way it integrates third-party sellers across multiple channels.

A big funding source for the Paycheck Protection Program is set to expire on March 31. Its demise would pinch nonbanks that are originating and buying loans, especially if Congress continues the PPP beyond this month.

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.