Square says its Cash App Pay service can now be used to pay for Domino’s items. Square said this is one of the first restaurant partnerships for Cash App Pay, which enables users to use their Cash App balances to pay for purchases. Payments provider Clearent by Xplor launched Xplor Capital, an embedded finance …
Read More »Priority Sports Goes Wild and other Digital Transactions News briefs from 5/2/25
Priority Sports, a unit of the payments provider Priority Technology Holdings Inc., announced it has processed ticket sales since March for the Minnesota Wild, a National Hockey League team. A survey from Jack Henry & Associates Inc. found that 89% of financial institutions plan to add new payment services, including the FedNow real-time payments …
Read More »Stripe’s Crypto Plans and other Digital Transactions News briefs from 4/28/25
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 …
Read More »Truist First with RTP’s Alias-Based RFP and other Digital Transactions News briefs from 4/25/25
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 …
Read More »Same-Day ACH Volume Rises 19%
Business, consumer, and government use of the automated clearing house network continues on its growth pace with overall ACH payment volume up 4.2% in the first quarter year-over-year. Same-day ACH, Nacha’s faster-payments offering, experienced a 19.1% jump in payments. Same-day ACH volume, as revealed Wednesday by Nacha, totaled 326 million …
Read More »Klarna Added to eBay’s U.S. Marketplace and other Digital Transactions News briefs from 4/23/25
The e-commerce giant eBay Inc. said it will widen its global partnership with payments platform Klarna AB to include the U.S. market, allowing the shopping site to roll out Klarna’s payments capabilities to ”millions” of eBay shoppers, eBay says. PSQ Payments said it is available on the Shopify App store, making the service …
Read More »Business Email Compromise Remains the No. 1 Fraud Attempt Avenue
An email from a work colleague requesting a funds transfer may seem routine, but quite often it could lead to serious fraud if completed. That type of fraud—business email compromise—is the top avenue for attempted and actual payments fraud, according to the 2025 AFP Payments Fraud and Control Survey. Released …
Read More »Kuba’s Sacramento Fare System and other Digital Transactions News briefs from 4/7/25
The Sacramento Regional Transit District launched Tap2Ride, a contactless open-loop fare system from Kuba that enables users to use a contactless credit or debit card or a mobile wallet to pay for rides, said Kuba, a transit fare system provider. Floorzap, a developer of business-management tools for flooring retailers, announced a …
Read More »‘Debit With Benefits’ Debuts As Spire Launches Its Pay by Bank Service
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 …
Read More »The Clearing House’s ACH Volume Swells As Adoption of Digital Transactions Spreads
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 …
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