Acquiring

Scooter’s Coffee, a drive-through chain with more than 900 locations in 32 states, is using restaurant-payments specialist Olo to run its digital-ordering service, Olo announced. SumUp has launched U.S. POS Plus, a subscription-based point-of-sale technology offering for small café and restaurant businesses. Square, the merchant services arm of Block Inc., said its sellers …

Sometimes a fully scaled, massive payments machine isn’t necessary, leaving organizers of semi-informal events to run their own payments options. Now, event organizers who don’t want to be restricted to a single payments provider are a target audience for Track Rabbit, an event manager and payments platform. In an unusual move …

Processor NMI said it has expanded its NMI Business Capital program, offering new term loans and starter offers that ISOs, software companies, and software-as-a-service companies can offer merchants. U.S. consumers now expect AI agents to conduct 15% of their transactions, up from 9% a year ago, while 45% of Americans have used …

An investor group led by Priority Technology Holdings Inc. chairman and chief executive Thomas Priore will take the processor private in a deal valued at $1.6 billion, or $8.05 per share in cash, Priority announced early Monday. The company’s closing share price on Friday was $5.83. The agreement follows a …

In a proposed settlement, the payment platform Corpay Inc. agreed to pay $100 million to the Federal Trade Commission to resolve FTC allegations that the company had used false marketing and unfair billing practices. The proposal is subject to final approval from the FTC after a period of public comment. Payroc World …

Quill Bank announced it has launched its Acquiring Line of Business unit to serve payment facilitators, ISOs, ISVs, and fintechs, and has named payments veteran Deborah Camm senior vice president and head of acquiring. Alchemy, a technology developer for agentic commerce and onchain transactions, announced an integration with Mastercard Agent Pay …

Square is making a big play for independent sales organizations, a merchant-sales model it shunned 16 years ago in favor of direct acquiring. Square, the point-of-sale and acquiring unit of Block Inc., is one of the sponsors of the Western States Acquirers Association conference this week in Palm Desert, Calif. …

Digital-payments platform Input 1 will work with OneShield, a technology provider for the insurance industry, to allow insurance companies to use Input 1 as an integrated service with OneShield. Guesty, a management platform for short-term rentals, announced it has closed on its acquisition of Smily, a developer of property-management technology. Both systems …