Sole proprietors on the Cash App platform may have a way to accept payments from consumers who also have Cash App accounts. Cash App, a part of Block Inc., says a test of Cash App-funded payments to a sole proprietor with a Cash App account is under way now. It …
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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 …
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Having launched Mastercard Agent Suite in January, the card brand is expanding the service to make it easier for merchants to create and deploy AI-enabled shopping experiences. It also is launching Mastercard Agent Connect, a service that helps merchants, AI agents, platforms, and payment providers connect and transact via a …
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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 …
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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 …
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SpotOn Transact LLC is enlisting Maple Inc., an artificial-intelligence voice-platform firm for restaurants, as an integrated service in its point-of-sale suite. San Francisco-based SpotOn says Maple’s AI platform will deliver a native POS sync for users so phone orders captured by Maple flow directly through the POS system into the …
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Some 72% of U.S. consumers have used an AI assistant for shopping, but just 23% trust AI to manage payments, according to the Visa Trust Index for agentic commerce. The survey took place May 26-28 among a sample of 2,065 consumers, though the sample for the payment transaction question was 1,028 to …
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Six Flags Entertainment Corp. is adding the Flex Pay buy now, pay later payment method from Upgrade Inc. to enable guests to make installment payments for season passes and other products. In related news, Visa Canada renewed its partnership with the Toronto International Film Festival, noting that 2027 will be …
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The stablecoin-payments platform Circle Internet Group Inc. said early Tuesday it has agreed to acquire Tazapay, a business-to-business cross-border payments technology developer based in Singapore and serving financial institutions and payment-service providers. Tazapay processes more than $25 billion in payment volume annually, of which approximately 60% includes stablecoins. The parties …
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As embedded services take on added importance in payments and banking, financial institutions are adding the products at a faster clip, presenting payments processors with new business opportunities. On Thursday, the processor FIS launched FIS Embedded Banking Platform, which it says is its first embedded-finance platform designed for banks. With …
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