Acquiring

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 …

American Water, said to be the largest regulated water and wastewater utility in the U.S., has adopted VXconnect from software developer VertexOne. VXconnect offers a mobile app by which customers can manage payments. Toast announced it has signed Kung Fu Tea for point-of-sale payments processing and related technology. Kung Fu Tea operates 330 …

Payments processor Talus launched ReadyPoint, an offering that allows merchants to accept payments on mobile phones through softPOS tap-to-pay technology from Ingenico. A new report from Visa Inc., called “The Great Indoors: How the ‘Couch Economy’ Is Redefining Consumer Spending Habits,” found that more than 17% of payment cards are used for streaming …

MoneyGram launched its MoneyGram Card, a Visa-branded card backed by stablecoins and developed in partnership with Rain, a provider of stablecoin services. The card is available now in Colombia, with plans to launch in other markets over coming months. Flex Dental Solutions said its FlexPayments service will offer buy now, pay later …

Block Inc.’s Square point-of-sale unit said early Thursday it will support transactions at just under 100 locations belonging to Whit’s Frozen Custard, a 23-year-old restaurant chain based in Granville, Ohio. The move comes as the chain begins planning expansion to more locations. Whit’s, which operates stores in 11 states located …

Checkout.com launched direct acquiring in the United States under its Merchant Acquirer Limited Purpose Bank charter in Georgia. Mastercard Inc. announced Mastercard Wallet Pay, a set of technologies enabling interoperability and encouraging innovation among wallets for contactless and online payments. Some 4.3 billion persons globally now use digital wallets, a number expected …