Amazon.com Inc. reported its sales for its online stores totaled $53.2 billion in the second quarter, up 16% year-over-year. Physical-store sales rose 11% to $4.2 billion.Cryptocurrency-payments processor BitPay Inc. said it now supports Litecoin in the BitPay Wallet app. Newegg.com is the first merchant to accept Litecoin through BitPay. Litecoin is the 13th-largest …

The Zelle peer-to-peer payment network processed $120 billion on 436 million transactions in the second quarter, up 58% and 68%, respectively, year-over-year, according to network operator Early Warning Services LLC.Card-present transactions at small businesses are up 83% over the pre-Covid baseline of March 2020, according to the latest CardFlight Small Business Report. The …

Euronet Worldwide Inc., a Kansas-based company that provides digital-payments services in Europe, reported second-quarter revenue of $714.7 million, up 35% year-over-year.Chargebee Inc., a subscription and recurring-billing platform, announced an update that includes automated usage-based billing, dedicated data centers, item-level discounts, and new checkout features.IR, whose technology enables merchants to analyze …

Nacha, the governing body for the automated clearing house system, said the ACH network processed 7.3 billion payments in the second quarter, a 10% increase from 6.6 billion payments in the same period a year ago. Particularly strong growth in business-to-business payment volume helped boost the result. Nacha said that …

An Australian Parliament committee held a hearing investigating Apple Inc.’s policies regarding access to the secure element for payment services on its smart phones, according to a ZDNet.com report. Apple argued its hardware-based interface is more secure than a software-focused one. Google, which uses host card emulation software for Google Pay, said …

Blockchain-based business-to-business payments network Paystand Inc. announced a $50-million Series C funding round led by NewView Capital.Payments provider Paystone Inc. received a $30-million investment from Credit Mutuel Equity. Paystone said it will use the funds to fuel growth.ForumPay, whose technology converts cryptocurrency spent by consumers into fiat currency for processing, said it will work with …

Discover Financial Services reports its payment services volume of $78.4 billion for the second quarter of 2021 increased 22% from $64.5 billion in the same period a year ago. Its Pulse network dollar volume of $62.9 billion increased 18% from $52.9 billion year-over-year. Discover card sale volume of $45.6 billion increased …

Payments provider Veem Inc. launched several new products for small businesses, including Veem Invoicing and Veem Collections.Cryptocurrency platform OKCoin USA Inc. has chosen FIS’s Worldpay unit to provide merchant acquiring and global exchange service in support of OKCoin’s ongoing global expansion.Visa Inc. said it will launch later this year an “evolved” brand identity featuring refreshed …

Buy now, pay later provider Sezzle Inc. launched Sezzle Capital, a program that provides working capital up to $10 million to qualified merchants. The service is built on the Wayflyer funding platform.Square Inc. launched Square Banking, based on the company’s industrial bank, Square Financial Services, which began operating in March. The banking offering consists …

Business payments provider Bill.com announced the $625 million acquisition of Invoice2go, a mobile-first accounts receivable software provider. The stock and cash transaction is expected by the end of 2021.U.S. blockchain-payments specialist GreenBox POS LLC has agreed to acquire Europe-based processor Transact Europe Holdings OOD for 30 million euros, or approximately $35 million. The deal …