News

June, 2025

• 16 June

  Cantaloupe Will Be Acquired by 365 Retail Markets in an $848 Million Deal

  

  365 Retail Markets LLC, a provider of self-service commerce technology, has entered into an agreement to acquire Cantaloupe Inc. in an all-cash deal for $848 million in a deal that will take Cantaloupe private. Cantaloupe shareholders will receive $11.20 per share, a 34% premium. The deal is expected to close …
• 16 June

  PayPal’s Next Step? Storefront Ads

  

  Digital advertising incorporated in branded checkout is the newest avenue for PayPal Holdings Inc. The digital-wallet and payments provider launched Storefront Ads Monday, a service to get PayPal-accepting merchant products in front of online consumers. Storefront Ads not only showcases the merchant but includes a “Buy with PayPal” button within …
• 13 June

  Millennials Favor Payment Options That Match Their Mobile-First Lifestyles

  

  When it comes to payments, Millennials want options that match their mobile-first lifestyle, such as mobile wallets, says a study by payments platform provider PXP Financial Ltd. Overall, 56% of Millennials—generally those born between 1981 and 1996—use a mobile device daily. Apple Pay is one of the most popular mobile …
• 13 June

  Stablecoins Get a Boost As Walmart And Amazon Look to Adopt Them

  

  Stablecoins are starting to move beyond niche status. Both Walmart Inc. and Amazon.com Inc. are investigating whether to issue the digital currency in the U.S. market, The Wall Street Journal reported early Friday. Details are sketchy. Neither megamerchant responded to queries about the matter from Digital Transactions News. It also …
• 13 June

  Citizen Revises Credit Card Suite and other Digital Transactions News briefs from 6/13/25

  

  Citizens Financial Group Inc.’s Citizens banking unit released a revised suite of credit cards, all bearing the Mastercard Inc. mark. Open banking technology provider Plaid Inc. launched Plaid Protect, what it calls a real-time fraud intelligence system that Plaid said can detect and prevent fraud beginning with a user’s first interaction with an app …
• 12 June

  The CCCA Goes Into Limbo As a ‘Clean’ GENIUS Bill Advances 

  

  Efforts to attach the Durbin-Marshall Amendment to the proposed GENIUS Act, a bill to regulate stablecoins, have failed. The Senate moved late Wednesday to advance the stablecoin bill without any amendments. Efforts to attach the amendment, which is the latest version of the Credit Card Competition Act, to the GENIUS …
• 12 June

  Eye on BNPL: Klarna Enlists Nift for Unique Offers; Dick’s Sporting Goods Renews Affirm

  

  Buy now, pay later specialist Klarna AB is working with gift card platform Nift to boost customer engagement while retailer Dick’s Sporting Goods says it will renew its buy now, pay later deal with Affirm Inc. In the partnership announced Thursday with Nift, Klarna will be able to create gift …
• 12 June

  BlueSnap On Board with FlightLogger and other Digital Transactions News briefs from 6/12/25

  

  FlightLogger, a provider of software for flight training, has chosen BlueSnap Inc. as its payments provider globally. Gross proceeds to Circle Internet Group Inc. from its recent initial public offering came to $1.2 billion, a total that includes an agreement by underwriters to purchase an additional 5.1 million shares of Class A common stock …
• 11 June

  PNC Launches an Acceptance App for Micro-Merchants

  

  PNC Bank early Wednesday announced the launch of PNC Mobile Accept, a card-acceptance solution for micro-merchants. The app allows very small merchants to accept card payments using their mobile phones or tablet computers without a requirement for external hardware and without paying monthly subscription fees, the bank says. The app …
• 11 June

  Circle Allies With Matera to Push Stablecoins Into Routine Usage

  

  Circle Internet Group Inc. is working with Matera Inc., a developer of banking technology, in a move aimed at speeding adoption of stablecoins by individuals and companies, the two firms announced early Wednesday. In the collaboration, Matera will integrate its Digital Twin real-time ledger with Circle’s platform to support routine …