Visa Inc. is setting the stage for stablecoin settlement in a partnership with Brale, whose technology enables businesses to introduce and operate digital currencies backed by fiat money. The collaboration, announced early Thursday, will allow the card network to test settlement with Brale’s SBC, a stablecoin backed by the U.S. …
Read More »Mastercard Adds Settlement Windows Beyond Business Days
Mastercard announced early Wednesday it plans to introduce settlement options including weekends, holidays, and at times during the day of the transaction. The new settlement windows will apply to both card-based fiat transactions and those involving cards linked to regulated stablecoins, the network said. The move would expand availability beyond …
Read More »NMI Buys Fee Navigator As Merchant Pricing Gets Hot
NMI announced early Tuesday it has acquired Fee Navigator, a provider of analysis for acquirers looking to price services for merchants. Terms were not disclosed. Schaumburg, Ill.-based NMI says the deal brings merchant-pricing capabilities supported by AI, adding to an arsenal of services the processor offers to independent sales organizations, independent …
Read More »Early Warning Launches an Ad Campaign for Paze, Its Online Checkout
Early Warnings Services LLC told Digital Transactions News in March that a marketing push for its 3-year-old Paze online checkout platform would be starting in coming months. Early Monday, that push arrived with the launch of a national campaign running on TV, digital video, and social platforms. The new advertising …
Read More »Replit Turns to Visa As It Looks to Expand in Agentic Commerce Tech
Replit Inc., a Foster City, Calif.-based developer of software for the booming agentic-commerce market, announced it will work with Visa Inc. on an integration of Visa agentic commerce into Replit’s platform. The company also reported an investment from Visa, terms of which were not specified. Visa, which launched its Intelligent …
Read More »BlueSnap Snags BTR for Its Credit Card Surcharging Platform
BTR, a truck-rental company, has compensated for almost $400,000 in annualized credit card acceptance costs through a surcharging a capability provided by payments processor BlueSnap Inc., according to data the processor released Wednesday. Waltham, Mass.-based BlueSnap launched its surcharging API in January in recognition of cases in which merchants want …
Read More »Nium Pairs with Circle to Speed Local Payments Routing
Nium Pte. Ltd., a provider of cross-border payments technology, is working with Circle Internet in a collaboration using stablecoins for settlement and local currency for last-mile delivery of country-to-country transactions. The project aims to solve what the partners say is a longstanding problem—fast payments that can slow considerably when it’s …
Read More »Crypto Tech Expands With Moves by Mesh And Miracle Pay
The world’s payments systems are still a long way from adopting digital currencies as a standard medium of exchange, but day by day the path to that future gets clearer. Early Monday, a 6-year-old cryptocurrency network called Mesh said it is widening an existing integration with Base, a crypto app …
Read More »For Now, Agentic Commerce Raises More Questions Than Answers
As AI makes advances in digital commerce, payments executives are beginning to raise questions about the process and its risks. For some players, the process remains at least partly opaque on such questions as what party takes responsibility when transactions go wrong. Other pending questions include whether the industry can …
Read More »Klarna Offers a Shopping Search App As BNPL Rivalry Grows
Point-of-sale credit providers are looking for an edge as competition in the buy now, pay later business grows hotter by the week. Klarna AB early Wednesday said it has launched its Klarna Shopping Search app. The app uses ChatGPT, an AI platform, to assist shoppers in finding current prices, availability, …
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