Acquiring

A test this past September of a real-time pay by bank payments option inside the Walmart app indicates the service is on track for a broader debut in 2025, Digital Transactions News has learned. Speaking at the Nacha Smarter Faster Payments 2025 conference in New Orleans, Sarah Arnio, Walmart Inc. …

Affirm Inc. has launched AdaptAI, a promotions platform aimed at merchant clients and relying on artificial-intelligence technology. Business-software platform onPhase announced it will incorporate the Paymode business-payments feature from Bottomline Technologies Inc. Bluefin Payment Systems LLC has agreed to integrate its payment-processing platform and point-to-point encryption technology in C-Park, the parking-management software from Campus …

PayPal Holdings Inc. recorded a tepid 1% growth rate in revenue in the first quarter, with overall transaction revenue flat, but the company’s stress on branded checkout appears to be yielding more optimistic results, the company reported early Tuesday. PayPal is also building up its cryptocurrency business and beginning a …

Shift4 Payments Inc. reported early Tuesday it logged volume of $45 billion for the first quarter, up 35% year-over-year, while revenue climbed 20% to $848.3 million and gross profit hit $240.7 million, up 37%. OneCause launched OneCause Payments, a payments platform for nonprofits that offers processing from Stripe Inc. and Deluxe Corp. …

As consumers navigate tighter budgets and businesses adapt to shifting spending habits, buy now, pay later (BNPL) has emerged as more than just a passing trend. Like layaway in the days of yore, BNPL breaks purchases into smaller pieces. However, unlike layaway, BNPL meets the need for instant gratification by …

Stripe Inc. will launch a stablecoin-based payments service aimed at businesses outside the United States, United Kingdom, and European Union, its chief executive, Patrick Collison, announced on social media. The news follows last week’s announcement by Circle Internet Group Inc. of a cross-border stablecoin initiative. Payments fintech WEX Inc. launched WEX EV Depot, a service …

Truist Financial Corp. said it is the first financial institution to use an alias-based request for payment utility on the RTP network, the real-time payments service from The Clearing House Payments Co. LLC. The service is available for both corporate and individual customers, Truist said. POSaBIT Systems Corp., a point-of-sale maker for cannabis …

Square is a long way from just offering a plug-in card reader dongle and there may be no better evidence of that with its fully revised Square Point of Sale app. This iOS and Android app enables merchants (Square calls them sellers), to pick and choose which services, such as …

Fiserv Inc.’s Clover point-of-sale technology is set to make a splash in the highly competitive restaurant market with the expected launch next month of Clover Hospitality, the company’s top brass said early Thursday. Lilia, an Italian eatery in Brooklyn, is the first client, said Michael Lyons, the company’s chief executive, …

The payment-services unit of Discover Financial Services reported $96 billion in volume for the first quarter, a 4% drop year-over-year, though increased debit card activity lifted Pulse’s dollar volume 3%. Diners Club volume also increased, growing 18%, but the Network Partners unit recorded a 73% slide “reflecting the anticipated exit of a …