Finix Payments Inc. is leaning into the unattended payments arena with the launch of its Android-based point-of-sale terminal designed for self-service payments. In related news, Deluxe Corp. formed a merchant services partnership with Dollar Bank. San Francisco-based Finix says its new POS terminal is meant to meet demand for contactless, …
Read More »
It was probably only a matter of time before agentic commerce embraced cryptocurrency. Technology platform Worldwide Stablecoin Payment Network early Friday announced W Agent, which the Singapore-based company calls a “new AI Agent skill.” That means the agents can find merchants, enter orders, and transact in stablecoins “end-to-end,” as the …
Read More »
Datacap Systems Inc. launched Virtual Gift, a platform that enables users to create branded, consumer-facing digital gift card storefronts. Gift card purchases can be shared via a link, QR code, or embedded directly into merchant Web sites. InComm Payments’ health-care unit is working with the University of Kentucky’s HealthCare’s Food as Health …
Read More »
RTP, the real-time payments network operated by The Clearing House Payments Co. LLC, set another record volume day with 2.27 million transactions processed valued at $8.62 billion on May 1. Its most recent prior record day was Feb. 13 when it processed 2.05 million real-time transactions. The Clearing House attributes …
Read More »
With the Senate Banking Committee scheduled to take a vote Thursday on whether crucial stablecoin legislation should advance to the full Senate floor, the time for debating the bill’s pros and cons is drawing to a close. The 309-page Digital Asset Market Clarity Act, which would set rules for digital …
Read More »
Global Payments Inc. intends for artificial-intelligence capabilities to make its Genius handheld point-of-sale device easier for users while it also launches self-service kiosks. But it’s not the only payment-device provider eyeing that market. PAX Technology Inc. will showcase its self-service Smart Kiosk this week, too, at the National Restaurant Show …
Read More »
Some 53% of U.S. consumers carry a balance on their credit cards in response to rising costs, while 25% carry a balance for six months or more, says a survey from personal-finance platform Achieve. The research, conducted in March by the Achieve Center for Consumer Insights, queried 2,000 consumers. Xero, a …
Read More »
Competition for payments processing in the $1 trillion plus U.S. restaurant industry, already hot, reached a higher temperature Tuesday with announcements from Toast Inc. and processing giant Fiserv Inc. Toast, a 15-year-old specialist in restaurant point of sale, said it is expanding its reach in the complex pizza business with …
Read More »
Visa Inc. said it made the first-ever use of its Tap to Confirm and Tap to Activate technology for issuing banks in collaboration with fintech Keyno and Fidelity Bank (Bahamas) Ltd. Visa said instead of using one-time passcodes, call center verification, or other processes, cardholders can confirm their identity or activate …
Read More »
This order probably won’t fit in the drive-thru. Processor Global Payments Inc. says it will provide more than 2,400 corporate and franchised locations of Carl’s Jr. and Hardee’s restaurants with its Genius point-of-sale technology. Announced Monday, the deal makes Global’s Genius POS systems the exclusive payment-acceptance devices in these restaurants. …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
