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First Data, AIB Team Up To Acquire Stake In Payzone

PYMNTS

“Payzone is one of Ireland’s largest providers of payment solutions, with its technology allowing both large and small Irish businesses to accept payments online, in store, on the road and over the phone,” Arma said in the release. The companies said they still expect to complete the merger in the second half of 2019.

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Some Large Retailers Not Sold On One-Click Ordering

PYMNTS

According to The Wall Street Journal , representatives of large retailers, including Walmart and Home Depot , recently met with federal regulators over Visa and Mastercard’s plan to combine their individual payment buttons on merchants’ online checkout pages. and Target , among others, in attendance.

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Debit Beats Credit With Bridge Millennials

PYMNTS

There are also the rails to contend with, as the Federal Trade Commission (FTC) recently had Visa and Mastercard under the microscope for issues around debit card routing. The PULSE payments network , a subsidiary of Discover Financial Services, is one of the top three debit/ATM networks in the U.S.,

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An Overview of Payment Regulation In The USA

Clearly Payments

Moreover, by establishing rules for payment networks and financial institutions, regulation mitigates systemic risks and fosters fair competition, thereby enhancing market efficiency. Department of the Treasury, the OCC supervises and regulates national banks and federal savings associations.