Imagine waving a wand and making something appear in your hands. While it’s not magic, the Cash App Wand could make that happen. Announced Thursday, Cash App Wand is the first in a series of Cash App Tags, which are NFC-enabled, physical payment accessories that let consumers pay without having …

Colorado’s SB 26-134, a bill that would have eliminated sales tax as part of the interchange-fee calculation, has been vetoed by Gov. Jared Polis. SB 26-134, similar to the Illinois Interchange Fee Prohibition Act, would have taken effect Jan. 1, 2028, had Polis approved it. The contentious Illinois law, which …

Buy now, pay later specialist Sezzle Inc. is ready to be known for more than its installment payment service, hoping to capitalize on its Earn features. Meanwhile, BNPL provider Klarna AB says Ulta Beauty now offers its payment option to U.S. consumers. A year old, Earn, displayed as a tab …

Work on growing the real-time payments ecosystem goes on with Payfinia completing an integration with The Clearing House Payments Co LLC’s RTP network and Aeropay making an integration with Jack Henry & Associates Inc. to boost its pay-by-bank service. Portland, Ore.-based Payfinia says its work with TCH, which launched the …

A last-minute budget move will see the implementation date for the Illinois Interchange Fee Prohibition Act pushed back a year, to July 1, 2027. Originally scheduled to become law Monday, the IFPA would have seen interchange on sales tax and tips prohibited. How it would have been implemented has been …

Payments fraudsters are embracing not just the transaction, but the associated elements of a transaction, such as exploiting account creation and changes prior to the payment. That’s one reason Accertify Inc. launched its Predictive Yes Platform. Itasca, Ill.-based Accertify says the new platform addresses these issues by combining identity, behavioral, …

Consumers turned to debit cards in increasing numbers in the first quarter, finds the inaugural Galileo Debit Spend Index. Released Thursday, the report found that consumer use of debit cards at both fast food and sit-down restaurants increased more than 18% in the quarter, a reversal of a downward trend …

Experian plc, most known among consumers as a credit-reporting agency, says it is collaborating with processor Fiserv Inc. on Experian Link, a service to make it easier for merchants to verify a consumer’s identity with debit card ownership data. Announced Wednesday, the cooperative endeavor will see Fiserv’s proprietary debit card …

Magnolia Soap & Bath Co. will adopt the Square point-of-sale system for its 50 locations, including a module designed for franchises. Founded in 2016, Magnolia uses the franchise model to expand and has stores in 17 states. It will use Square for Retail, a service that includes branded micro-sites for …

As cryptocurrency for payments continues to emerge, two digital currency companies separately are broadening uses for their products. Bitget Wallet, which bills itself as an “everyday finance” app, is expanding its QR code payments to Argentina, Colombia, and Bolivia. Bitget Wallet says it will be integrated with national payment systems …