Acquiring

With a renewed emphasis on retail merchants, Lightspeed Commerce Inc. is launching a tool to help retailers data and inventory forecasting. In related news, point-of-sale terminal maker Ingenico says its SoftPOS software development kit achieved a PCI Security Standards Council certification. Montreal-based Lightspeed announced the its four-part plan to boost …

CelllPoint Digital, a specialist in payments orchestration, will expand the payment methods available through SabreSonic and Radixx, services offered by Sabre Corp. a travel-technology company. U.S. payments platform Spreedly Inc. said it will work with Ebanx, a payment-service provider, to support alternative payment methods for international firms operating in Latin America. Payments …

Forter, a provider of identity-intelligence technology, announced early Monday several enhancements to its Payment Optimization technology aimed at increasing authorization rates and detecting account-takeover attempts. Forter is testing what it calls a predictive-payment routing app that recommends when and how to use payment authentication, as well as the best processor …

Cryptocurrency is coming to restaurants, a market that has already become hotly contested by a range of payments companies. Blaqclouds Inc., a crypto platform based in Los Angeles, announced on Friday DineWithCrypto, aimed squarely at consumers looking to order meals for delivery or pickup. DineWithCrypto has already connected to 190,000 …

While the top 10 roster of the largest merchant acquirers in the TSG Directory of U.S. Merchant Acquirers shows little variation from last year—JPMorgan Chase & Co. is still No. 1 at $2.61 trillion in volume in 2024—smaller players are moving into the upper ranks. Adyen NV, a Netherlands-based processor …

The Department of Justice approved Capital One Financial Corp.’s $35-billion proposal to acquire Discover Financial Services, noting it does not see strong enough competition concerns to scrub the deal, which was first proposed by the two parties in February last year. PointsKash Inc. said it has concluded an agreement with Discover Network to issue …

Visa Inc. will launch an updated Authorize.net, in what it calls a “reimagining” of the venerable gateway. Announced Thursday, the updated version will be available in the second quarter in the United States and in other markets later this year. Visa’s announcement was one of three it made, including a …

What may be the first merchant-branded, automated clearing house-based pay-by-bank service has launched. Pay with Spire Inc., a Dallas-based payments provider, says its new Pay with Spire platform enables merchants to accept pay-by-bank transactions with no integration and at lower acceptance costs than credit or debit cards. Spire says the …

Led by digital wallets, instant payments, and QR-code payments, alternative payment methods will account for $142 trillion in volume by the end of 2030, up 170% from now, according to a forecast from ABI Research. Eurostar, the European passenger rail line, has adopted Klarna AB to enable ticket purchases in three equal installments …

Transactions on the Electronic Payment Network, the automated clearing house network, operated by The Clearing House Payments Company LLC, totaled 20.7 billion in 2024, a 6.2% year-over-year increase, TCH reported late Monday. Dollar volume during the period totaled $56.4 trillion, a 7.6% rise from a year earlier. Dollar volume on …