Acquiring

MoneyGram has launched a U.S. dollar stablecoin called MGUSD, furthering its move into blockchain technology for payments. Soar Payments LLC, also known as SoarPay, announced the publication of “High Risk Merchant Accounts 101,” a guide to processing payments for high-risk and regulated businesses. Fifth Third Bank launched Report Phishing, a feature in …

A last-minute budget move will see the implementation date for the Illinois Interchange Fee Prohibition Act pushed back a year, to July 1, 2027. Originally scheduled to become law Monday, the IFPA would have seen interchange on sales tax and tips prohibited. How it would have been implemented has been …

Aurora Payments has renamed itself Flute and launched a payments platform that it says offers working capital, transaction reporting, and merchant servicing, along with payments, in a single account. Thunes said it has been selected by Canada-based payout platform Trolley to enable an expansion of Trolley’s international capabilities, including real-time payments to more …

BTR, a truck-rental company, has compensated for almost $400,000 in annualized credit card acceptance costs through a surcharging a capability provided by payments processor BlueSnap Inc., according to data the processor released Wednesday. Waltham, Mass.-based BlueSnap launched its surcharging API in January in recognition of cases in which merchants want …

Some 73% of online merchants are not ready for AI agents, while AI agents are at least in some cases recommending “unreliable merchants,” according to research from Ballerine, a specialist in merchant risk and compliance. The company conducted 47 interviews among card networks, acquirers, merchants, AI platforms, and payment service providers. …

Business-to-business billing and revenue management platform Maxio LLC said credit card surcharging is now available in its Maxio Payments service. Payments platforms Ordr and FreedomPay said they are collaborating to create a gateway and commerce platform for companies offering live entertainment around the world. Payments platform NCR Voyix Corp. said it is working with U.S. Bank’s …

Magnolia Soap & Bath Co. will adopt the Square point-of-sale system for its 50 locations, including a module designed for franchises. Founded in 2016, Magnolia uses the franchise model to expand and has stores in 17 states. It will use Square for Retail, a service that includes branded micro-sites for …

Point-of-sale commerce platform Lightspeed Commerce Inc. added approximately 3,200 new locations in its fiscal fourth quarter, as it marks a year into its U.S. retail and Europe hospitality focus. Montreal-based Lightspeed, which embarked on the two-pronged POS-based plan more than a year ago, says the location total was up by …

Buy now, pay later provider Klarna AB said Tekion Corp., developer of software for the automotive retail industry, will make Klarna available to customers using the Tekion Automotive Retail Cloud platform. Flywire, a payments-technology platform, announced an agreement to expand an existing link to Driftwood Hospitality Management to support payments at nearly …

Square, the point-of-sale arm of Block Inc., is adding restaurant chain The Hat to its customer list. In related news, 88% of convenience store operators and fuel retailers surveyed by Vontier Corp. report they have experienced a payment outage at least once in the prior 12 months. The Hat, with …