BJ’s Wholesale Adds Online SNAP Payments and Other 5/3/21 Digital Transaction Info – Digital Transactions

  • The warehouse-store chain BJ Wholesale Club stated that it has added an electronic benefit transfer payment capability to its website for in-store or curbside pickup of SNAP eligible items. The service applies to stores in Florida and North Carolina. The processor is Worldpay from FIS Inc. SNAP is the Federal Supplemental Nutrition and Assistance Program.
  • Independent sales organization National Association of Traders announced the opening of an office in Las Vegas and launched a recruiting website soliciting job candidates.
  • Payment provider Pymt announced that it had removed monthly fees for traders and only charged transaction rates. The rate for a sweep, dip or tap is 2.4% plus 10 cents; for online or key transactions, 3.25% plus one cent.
  • Mastercard Inc. closed its $ 3.2 billion acquisition of the majority of the business services business of Group of nets, a Denmark-based payments technology company, having complied with conditions set by the European Commission in August. Net assets will help support real-time account-to-account transfers.
  • Electronic funds transfer network Shazam Inc. acquired Digital Filing Solutions, developer of FileX, software that enables imaging and document management on any device. The conditions were not announced.
  • Discover financial services announced the opening of a customer service center in the Chatham neighborhood of Chicago, south of the city. The move is expected to create nearly 1,000 jobs in the region.
  • US Senator Richard Durbin (D-Ill.) Asked Mastercard Inc. and Visa Inc. to “revoke” the project exchange adjustments scheduled for April. Both card brands have postponed their usual exchange updates from April and October 2020 due to the impact of the pandemic on merchants.
  • the Consumer Financial Protection Bureau filed a lawsuit against BrightSpeed ​​Solutions Inc., a third-party payment processor, and its founder, Kevin Howard. The CFPB alleges that BrightSpeed ​​knowingly processed payments for companies engaged in internet tech support fraud. The CFPB said BrightSpeed ​​was founded in 2015 and ceased operations in 2019.
  • MoneyGram International Inc. announced a five-year extension of its agreement with Ooredoo Qatar which allows MoneyGram customers to send money in near real time through the Ooredoo Money Wallet.

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