Acquiring

Flexa, a payments platform based on digital assets, said it is working with wallet provider Nexus Wallet to simplify payments via the cryptocurrency Litecoin. The partnership is active at 41,000 retail locations in North America, the parties say. Stablecoin-based payments platform Stable Sea launched Stable Sea Terminal, said to be capable of …

Payment processor Network Merchants LLC, or NMI, on Thursday announced it is enabling tap to pay for iPhone. The move will enable merchants to accept contactless credit and debit cards, as well as Apple Pay and other digital wallets, through an iPhone and a supporting iOS app. iOS is Apple’s mobile …

Bluevine, a banking platform for small businesses, launched Invoicing and Payment Links, aimed at allowing businesses to receive payments directly in bank accounts via a range of payment methods. The buy now, pay later platform Affirm Inc. said it is expanding its partnership with the merchant Williams-Sonoma Inc. to Canada. Besides Williams-Sonoma, …

CardCash.com, a leading secondary gift card exchange operated by Giftify Inc., has partnered with buy now, pay later provider Zip Co. Ltd. to allow consumers to pay for gift card purchases in installments. The partnership is expected to help CardCash users better manage their cash flow while receiving the savings …

Global Payments Inc. has agreed to sell its payroll unit, Heartland Payroll Solutions, to insurance fintech Acrisure LLC for $1.1 billion. The business serves more than 50,000 clients. Castles Technology said it is working with PXP, a payments platform, to offer Android point-of-sale devices to merchants regardless of size. Some 73% of …

Apple Inc. said it is expanding Tap to Pay on iPhone to eight additional European countries. Tap to Pay on iPhone enables merchants to accept contactless payments using an iPhone and a payments-acceptance app with no additional hardware. Payments-orchestration platform Transcard LLC announced it will work with the processor Thredd Group Ltd. to expand Transcard’s capabilities …

More states are introducing legislation exempting merchants from paying interchange on sales tax and tips. Bills are currently pending in Alaska, Massachusetts, and New York. In Alaska, the proposed bill, which was attached at the 11th hour to a bill authorizing businesses to pay employees using reloadable cards, has been …

Visa Inc. is heralding a number of advances in payments technologies, among them the growth of digital-identity services related to payments, continued contactless-payments penetration, and progress with its Flex Credential. Visa said its efforts to create secure digital-identity technology, aimed at making the checkout more secure, is advancing. Central to …

Payments-technology provider ACI Worldwide Inc. announced CIMB Bank, said to be the second-largest financial-services provider in Malaysia, has opted for ACI’s services to merge all of the bank’s account-to-account transactions onto a single platform. Bitget Wallet unveiled a new logo as part of an ad campaign to advertise its position as a crypto …

In a first, point-of-sale system and e-commerce platform Lightspeed Commerce Inc. exceeded $1 billion in yearly revenue, posting $1.1 billion for its fiscal year ended March 31. That’s up 21% from $909 million the previous year. It wasn’t enough, however, to offset financial performance, resulting in a loss for the …