Digital Transactions Authoritative, insightful and timely information for payments professionals
Merchant groups late Friday filed written complaints regarding the latest settlement offer in their two-decades old lawsuit against Visa Inc. and Mastercard Inc. challenging card swipe fees. The settlement offer, which follows a rejected offer in 2024, was made in November. Merchant groups filing complaints were The National Association of …
December, 2025
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9 December
Swipe Fees Are a Drain on Consumers’ Wallets, a Merchant Group Says
Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment Coalition. Swipe fees are projected to cost merchants at least $19.9 billion this holiday shopping season, up …
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5 December
The FIDO Alliance Launches a Digital Credentials Initiative
The FIDO Alliance has launched an initiative to accelerate the adoption of verifiable digital credentials and identity wallets. The initiative will be led by the Alliance’s Digital Credentials Working Group (DCWG), EMVCo, the International Standardization Organization, The OpenID Foundation, and the Worldwide Web Consortium are also partnering on the initiative …
November, 2025
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13 November
Cash App Intros Its Moneybot AI Tool Amid a Range of New Features
It’s a big update day for users of Cash App, the money-movement service from Block Inc., as a new artificial-intelligence tool, a borrowing service, and cryptocurrency options are added. Announced Thursday, the roster of 11 product updates to Cash App, which launched in 2013 as a person-to-person payment method called …
October, 2025
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21 October
How Flexa’s Venture With Bealls Could Be Key for Crypto
Flexa Network Inc., a payments provider based on digital currencies, has agreed to support in-store cryptocurrency acceptance at Bealls Inc., operator of more than 660 stores in 22 states under Bealls and other brand names. The move, announced Monday afternoon, represents one of the largest planned deployments of in-store crypto …
September, 2025
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16 September
As Its Volume Reaches Record Highs, Zelle Launches a New SMB Feature
Zelle, the peer-to-peer payment service, appears on track for a banner year with a record 2 billion transactions processed in the first six months of 2025, a 19% increase from the 2024 first half. The dollar amount of these transactions increased more, reaching nearly $600 billion, up 23% from $481 …
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8 September
Nuvei Adds Early Warning’s Paze Wallet for Its E-Commerce Merchants
Nuvei Corp. is adding the Paze digital wallet as an option for its merchants just as the much-anticipated fourth quarter nears. Paze is the online wallet from Early Warning Services LLC that is meant to expedite the checkout process for e-commerce businesses. Montreal-based Nuvei, privately held since last year, joins …
August, 2025
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18 August
No Summer Holiday for RTP As Volume Increases
Taking time off and getting away may be top-of-mind for many in the summer, but the payments system has little time for that, especially real-time payments networks. Real-time payments over the RTP network from The Clearing House Payments Co. LLC, increased over both the Memorial Day and July 4 weekends, …
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12 August
Stablecoin Giant Circle Launches Arc for Cross-Border Flows
Stablecoin giant Circle Internet Group Inc. early Tuesday unveiled Arc, a new payments platform aimed at major money flows, including foreign exchange. The new service, part of the existing Circle Payments Network, will speed up foreign exchange while offering what the company calls “sub-second instant finality” in settlement, the company …
