More evidence has emerged that consumers are wholeheartedly embracing payment apps and digital wallets as these two payment methods are used by most consumers, finds the WSFS Bank 2026 Money Trends Survey. Among the 1,022 respondents, 73% regularly use a payment app in 2026, up from 67% in 2023, and …
Read More »Another Banner Quarter for ACH Transactions
Same-day automated clearing house transactions continue to surge, reaching $1.3 trillion in value in the second quarter, says Nacha. That’s up from $980 billion in value in the year-ago quarter. That value came on 435.7 million transactions, a 29.3% increase from 337 million same-day ACH transactions in the 2025 second …
Read More »Eye on Bill Pay: Language Options Could Hinder Online Bill Pay; Utility Bills Increase Almost 5%
Americans are now paying a median $363 per month for utility bills, or $4,361 annually, a 4.63% year-over-year increase, according to the latest doxoInsights 2026 Utility Report on electronic bill payments. And as utility bills grow, some are challenged to pay them online because of the absence of a language …
Read More »Speculation Ends as Klarna and Apple Debut a Leasing Program
Apple Inc. and Klarna AB are launching a new lease program called Apple Upgrade for Apple devices that sees consumers apply for a Klarna account. Consumers will use the Klarna app to monitor their Apple Upgrade account. Initially rumored last week, the now verified program offers users 12- and 24-month …
Read More »Use Case Evolution Is One Factor in RTP’s Instant Payments Growth
Business-to-business payments were one of the first use cases for instant payments when the RTP network from The Clearing House Payments Co. LLC debuted in 2017. As more businesses and consumers want to use such services, the use cases are evolving, with digital wallets—like PayPal and Venmo—now being the largest …
Read More »Kurv Agent Targets Simplicity for Sales Agents
Payments provider Kurv is applying the notion of all-in-one access not just for its merchants, but for its sales agents, too, with the release of Kurv Agent. The online portal contains several tools that agents might have had to access one-by-one. Among the suite of tools is the ability to …
Read More »2026 May Become an Ominous Year for ID Theft; The Number of Victims Already Exceeds 2025’s Total
NMI Debuts Its Smart POS Terminal; MagTek Pairs with Star Micronics on Access Tokens
Payments provider NMI has added to its point-of-sale terminal lineup the Axium SmartPOS, which works across merchant types. In related news, MagTek Inc. says it will provide digital access tokens, which replace keys and passwords, for Star Micronics devices. Schaumburg, Ill.-based NMI says the new terminal uses POS equipment maker …
Read More »Eye on POS: Datacap’s SureTap Debuts; Global POS Transactions to Top $41 Trillion by 2031
Datacap Systems Inc. is entering the softPOS arena with its new SureTap point-of-sale application, with which merchants can use their own devices. Any new transactions made with the application will contribute to the other bit of Monday’s POS news. The total value of global POS transactions are forecasted to reach …
Read More »Hospitality POS Provider Mews Adds Multicurrency for U.S. and Canadian Hoteliers
With demand for hotel rooms forecasted to pick up this year and next in the United States, hospitality point-of-sale specialist Mews is adding multicurrency processing for hotel operators in the United States and Canada. Already made available 14 months ago to European hotels, the multicurrency service enables international travelers to …
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