Acquiring

Chip cards for recipients of the Supplemental Nutrition Assistance Program may be on the horizon because the Food and Nutrition Administration of the U.S. Dept. of Agriculture has issued a proposed rule that all states adopt the technology as one way to count fraud. Currently, just eight states issue chip …

NCR Voyix Corp.’s Aloha Next point-of-sale terminals will soon be used in nearly 600 First Watch Restaurant Group Inc. locations. In related news, Priority Commerce says it signed a multiyear deal to process ticket payments for the Cincinnati Bengals. Atlanta-based NCR Voyix says its multiyear deal with First Watch also …

The Federal Reserve is now required to rewrite the key interchange limits included in a controversial 15-year-old debit card rule following a federal appeals court decision Monday striking down an interchange cap the Fed established in 2011. The Fed could still appeal the ruling to the U.S. Supreme Court. Interchange, …

PayPal Holdings Inc. reported a 2% rise year-over-year in third-quarter net revenue, to $8.58 billion, on a 6% increase in total payment volume, to $487.1 billion. Payment transactions rose 7% to 6.796 billion, while active accounts, at 440 million, were virtually flat, rising 0.6%. GAAP net income fell 14%, to $1.07 …

Joining a trend building in the buy now, pay later payments sector to gain more control over their operations and offer more diversified services, Sezzle Inc. reported Thursday it has filed an application with the Comptroller of the Currency to charter a national bank to be known as Sezzle Bank …

Payments provider Viewpost has agreed to work with Birchstreet, a provider of hospitality-industry technology, to include AI-enabled embedded payments for hospitality customers. Oak View Group, operator of a network of live-entertainment venues, will offer its employees earned-wage access service through Payactiv throughout Oak View’s U.S. operations, involving more than 40 …

In the “In Other News” section of Wednesday’s issue of Digital Transactions News, Boost Payment Solutions was misidentified as Boost Payments. Digital Transactions regrets the error. Fresha, a booking and payments platform for beauty and wellness businesses, said its Fresha Capital offering for shops has lent more than $20 million …

Data-encryption platform Evervault launched Browser Tokens, a service for agentic-commerce developers to allow AI agents to conduct transactions without exposing payment cards, passwords, or other sensitive personal information to the agent or browser provider. Loyalty and customer marketing platform Wildfire Systems released its “Agentic Commerce’s Wallet Problem” report that found just 5% …

PAX Technology Inc. said it will work with engineering firm Omni Integration Inc. to launch PAX Edge, payment software designed to work with a range of gateway and backend environments, though not tied to a single processor. Cognizant announced it has a five-year agreement to install artificial intelligence technology for point-of-sale terminal …