Consumer spending is expected to remain resilient this holiday shopping season and buy now, pay later loans will play a key role in the trend, according to Cash App Afterpay’s 2025 Holiday Survey. Despite 38% of consumers in the United States saying they feel more financially stressed than in 2024, …
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High-risk merchants can offer generous profit margins, but those returns must be weighed against the risks they bring. That balancing act starts before onboarding and continues afterward, panelists at the Western States Acquirers Association conference said Wednesday. One of the many considerations with high-risk merchants is to avoid misunderstanding the …
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Mastercard Inc. and Paytently, a payments-orchestration platform, announced they have collaborated on an open-banking initiative that will leverage Mastercard systems to let consumers make payments directly from their bank accounts at checkout. In related news, Mastercard said it has worked with NCR Atleos and ITCARD to allow cash withdrawals at ATMs using a …
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Global Payments Inc. announced it has launched its Genius processing platform in the United Kingdom, starting with quick-service and fast-casual restaurants. Genius for restaurants, which launched in May, and Genius for Retail consolidate 16 point-of-sale products into a platform that is marketed internationally. Mastercard Inc. announced it is working with Stripe, Google, and …
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Some 76% of consumers in the United States have taken out buy now, pay later loans, but 49% have missed a payment, while 67% of BNPL users are paying on multiple BNPL loans at once. That’ all according to a recent study from LegalShield. The trend comes at a time …
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Restaurant payments-technology developer PAR Technology Corp. launched PAR AI as part of its product line, along with Coach AI, intended to be intelligent assistants in restaurant operations. Point-of-sale terminal maker Verifone Inc. is working with Futurex L.P., a developer of data-encryption technology, to enable remote key injection through the Futurex CryptoHub platform, Futurex said. …
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Nuvei Corp. is adding the Paze digital wallet as an option for its merchants just as the much-anticipated fourth quarter nears. Paze is the online wallet from Early Warning Services LLC that is meant to expedite the checkout process for e-commerce businesses. Montreal-based Nuvei, privately held since last year, joins …
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Payments-orchestration platform Ixopay said it has integrated J.P. Morgan Payments’ Commerce Platform, allowing Ixopay clients to integrate J.P. Morgan Payments’ offering into their payments services through Ixopay’s application programming interface. Aiwyn Inc., which provides payments and practice-management technology for accounting firms, announced it has acquired QuickFee’s U.S. payments business. Terms were not …
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Fiserv Inc. moved this week to strengthen its hand in the highly competitive hospitality and restaurant industries and pave the way for additional growth in Europe with the acquisitions of digital-commerce platform CardFree and processor AIB Merchant Services. Terms for the two deals, announced Thursday and Friday, were not disclosed. …
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UATP, a U.S.-based payment processor for airlines, said it will work with APG Pay, a payment-technology developer specializing in the travel industry, to issue UATP accounts to corporate clients and travel companies in the Asia-Pacific region. Blink Charging Co. said it will start to accept cryptocurrency by year’s end at its …
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