[nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” button_id=”#amazon” text=”Credit Card Fees To Rise” url=”#fees” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Walmart Delivery Options” url=”#walmart” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Direct Payments By Discover” url=”#direct” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” button_id=”#tenants” text=”Fast Chain Offers Bitcoin” url=”#bitcoin” margin_left=”5px” margin_right=”5px”][nectar_btn size=”small” constrain_group_2=”yes” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Commerce Code Podcast” url=”#podcast”...

Digital Commerce Alliance Announces 2022 Board Members Board Includes Industry Leaders from Sam’s Club, Bank of America, Microsoft, Mastercard, VantageScore, Among Others SAN FRANCISCO (Feb. 8, 2022)—The Digital Commerce Alliance (DCA) today announced its 2022 board of directors. The global trade association, focused on commerce, card-linking, mobile wallets, and financial data, also released its slate of programming for the first half of...

DCA Member Bank of America Cuts Overdraft Fees  Bank of America will reduce overdraft fees from $35 to $10. The move by DCA member BOA was made to provide relief to customers least able to afford overdraft fees. BOA, the second-largest bank in the US, also announced it would eliminate nonsufficient-funds fees next month and transfer fees for overdraft protection...

Amazon Contributing to PayPal’s Growth PayPal’s break with eBay in 2015 continues to impact the payment player’s momentum. It’s payment volume from eBay fell 45% in the third quarter from a year earlier as eBay continues to offer additional payment options at check-out. The WSJ reports a new partnership with Amazon will pick up the slack. DCA Insight: Amazon’s addition...

Square’s High Growth Rate Decelerates Digital payments company Square experienced significant growth driven by the pandemic: The need to deposit and spend dollars by consumers receiving stimulus checks helped the consumer cash application grow to 40 million consumers. While still high, growth slowdowns have been reported now that the government programs have ended. DCA Insight: Watch for new trends to...

Fee for Transactions: Banks Challenge Apple Pay When the Apple Pay mobile wallet launched in 2014, big banks including JPMorgan, Capital One, and BOA we’re all in. They agreed to pay fees that would let their cardholders pay via their iPhones. Now some are pushing back, urging Visa to reduce the fees Apples charge for each transaction. DCA Insight: Bank...

2021 Digital Commerce Annual Industry Study Released The Digital Commerce Alliance today released its annual industry study of members from around the world. This is the 6th year DCA has published key findings revealed by respondents from merchant, banking, payments, data, fintech, and card-linking organizations. DCA Insight: Card-linking programs top the list of digital marketing tools leveraged by respondents, surpassing...

2021 Top 20 Women in Digital Commerce  The Digital Commerce Alliance (DCA) is pleased to announce this year’s list of the Top 20 Women in Digital Commerce. These exceptional executives are being recognized for outstanding leadership and achievement in our industry. As a membership organization advancing innovative approaches in digital commerce—retailing, fintech, digital advertising, mobile payments, banking, card-linked offers, and...

Americans Are Borrowing Money Again  Consumer demand for credit is high. There was a 39% uptick in auto loans, general-use credit cards and personal loans from April 2020 to April 2021, according to credit-reporting firm Equifax. DCA Insight When the pandemic first hit, people worried. About getting laid off and/or running out of money. Splurging on a new car, taking a...

Google Postpones Plans to Remove Cookies to Late 2023 Google’s plan to remove web-tracking cookies from Chrome has generated discord among the competition, regulators, privacy zealots, and the digital-media industry. In response, the Alphabet Inc. unit announced its browser Chrome would delay plans to stop supporting user-tracking technology (third-party cookies) from early 2022 to late 2023 to understand implications better....

DCA Member GasBuddy Acquired by PDI Travel and navigation app GasBuddy has been acquired by PDI, a provider of enterprise management software for convenience retailers and petroleum wholesalers. The acquisition of DCA member GasBuddy lets PCI extend capabilities in direct-to-consumer delivery of promotional offers, communication and loyalty programs. DCA Insight This is a strategic move for both parties. GasBuddy’s built...

Apps and Advertisers Look for New Ways to Target Users: Apple Ads As Apple makes it harder to target iPhone users with ads, industry players weigh various responses, including updating payment models and devising new advertising techniques. Apple’s changes to its iPhone software are to protect consumer privacy, letting users decide whether or not they want their activity tracked via...