Thursday , April 16, 2026

Jim Daly

Jim Daly joined Digital Transactions in 2006 after covering payments and merchant acquiring at Thomson Media’s Credit Card Management, Credit Card News, and CardLine publications. Before that, he was a reporter and editor at the daily Leader-Telegram in Eau Claire, Wis.

Eye on Hospitality: Square Greets Concert-Goers at a New Toronto Venue; PayPal’s Summer Promo at Taco Bell

Building on its three-year partnership with the big entertainment promoter Live Nation in Canada, Block Inc.’s Square unit said Wednesday it will roll out point-of-sale payments at the new Rogers Stadium in Toronto, starting June 29. Rogers Stadium stands to become a major new seasonal transaction source for Square, which …

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In the Wake of Fiserv’s New Stablecoin, Mastercard Trumpets Its Digital Initiatives

Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …

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Shift4 To Acquire Smartpay Holdings in a Bid for New Zealand and Australian Merchant Markets

In a major expansion of its business south of the equator, merchant acquirer Shift4 Payments Inc. on Sunday announced it has struck a deal to acquire Smartpay Holdings Ltd., an Auckland, New Zealand-based processor with a growing presence in Australia. Smartpay has 40,000 merchants in the region. Center Valley, Pa.-based …

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QorPay Adds Services From Visa’s Cybersource to Its Payments Menu

QorPay Inc. reported Thursday that it has integrated its payment technology with Visa Inc.’s Cybersource unit to provide new merchant-acquiring and security services to its business customers. Founded in 2019, Scottsdale, Ariz.-based QorPay is a payment facilitator and independent sales organization that works with several banks and a software company …

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NMI Taps Mastercard to Power Its New Tap-to-Pay Service for Small Merchants Eyeing Mobile Payments

With an eye on small merchants, payment processor NMI on Thursday announced a tap-to-pay feature driven by Mastercard Inc.’s Cloud Commerce app for Android smart phones or tablets. The service will enable Android-using small and mid-size businesses to accept electronic payments without adding new hardware, Schaumburg, Ill.-based NMI says. NMI-connected …

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After Some Fixes, PayPal Says It Has Surpassed $30 Billion in Loan Originations

Trumpeting its financing services for small and mid-size businesses, payments giant PayPal Holdings Inc. disclosed Wednesday that it has passed $30 billion in global loan originations. It has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts worldwide since 2013, the company said. PayPal, …

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J.P. Morgan Payments Expands Its Reach Via Deals With Walmart And Affirm

The big payments provider J.P. Morgan Payments expanded its reach into different sectors this week through deals with leading retailer Walmart Inc.’s Walmart Marketplace and buy now, pay later specialist Affirm Inc. At the Shoptalk conference in Las Vegas, the payments unit of J.P. Morgan Chase & Co., the biggest …

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Lightspeed Warns of Softer Revenue Growth Amid Weakening Economic Conditions

In what could be an ill omen for other payments processors that softer transaction growth lies ahead, Lightspeed Commerce Inc., provider of an e-commerce platform and payment services for small and mid-sized businesses, on Monday revised its outlook for fiscal 2025 to include year-over-year revenue growth of approximately 18%, down …

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Venmo Takes Off With JetBlue for Online Bookings

JetBlue Airways Corp. announced Tuesday that it has become the first airline to accept PayPal Holdings Inc.’s popular Venmo payment service for online bookings. Queens, N.Y.-based JetBlue says Venmo currently is available on JetBlue.com, and the service will roll out on the JetBlue mobile app in the coming months. U.S. …

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Chase on Track to Retain Acquiring Crown With Annual Volume Well North of $2 Trillion

New data from JPMorgan Chase & Co. signals the leading U.S. banking company is on track to retain its title as the nation’s largest merchant acquirer, with volume well in excess of $2.5 trillion flowing through its pipes. A note from a J.P. Morgan Payments spokesperson to Digital Transactions News …

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