Action in the payments industry on stablecoin plans appears to be perking up since President Donald Trump signed the GENIUS Act into law this summer, legislation whose rules are expected to spark more action by mainstream payments players on issuing and accepting the digital currency. One example emerged Wednesday with …
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New research from Datos Insights found that credit and debit cardholders globally made 1.1 trillion purchases worth $45.5 trillion in 2024. Buy now, pay later provider Splitit launched its Agentic Commerce Partner Program, an invitation-only effort to bring card-linked installment payments to autonomous shopping agents. Some 86% of restaurant operators are comfortable with the …
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Six months after fully revising its point-of-sale app and adding modes to enable merchants to tailor it to their needs, the acquirer is out now with what it says is its largest update to its food and beverage platform. Square, a unit of Block Inc., also released updates to Square …
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The processor Worldpay said it will offer commercial and business customers of East West Bank access to point-of-sale, e-commerce, and loyalty technology under a new agreement. FIS Inc. has agreed to sell Worldpay to Global Payments Inc. in a deal that is expected to close in the first half of next year. Block Inc. has …
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PayPal Holdings Inc. has officially launched PayPal Ads Manager, a service that allows merchants to act as their own retail media network and generate new revenue streams, PayPal says. Retail media networks are advertising platforms that allow retailers to sell ad space across the media channels they own or control, …
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Helcim announced it is the first payments provider to be included in the Verizon Business Marketplace, a software market for small and mid-size businesses. The news follows Helcim’s launch in April of Faster Deposits, a service aimed at delivering next-business-day funding of digital-payment receipts to merchants. Stax Payments, a payments-technology provider, said …
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PayPal Holdings Inc. announced it is offering 5% cash back to U.S. consumers using its buy now, pay later payment option for purchases through the end of the year. In addition, PayPal is rolling out its Pay Monthly BNPL option to in-store shoppers. The moves are expected to make PayPal’s …
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American Express Co. cardholders are about to see targeted ads from premium brands on some AmEx-owned platforms. Announced Monday, Amex Ads is a digital advertising platform to help brands reach the issuer’s 34 million U.S. cardholders. It begins on AmexTravel.com and will expand to other AmEx-owned platforms. AmEx says this …
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Global Payments Inc. announced a version of its Genius point-of-sale payments platform is available for colleges and universities in the U.S. and Canada, including campus dining. The U.S. Faster Payments Council will work with the Accredited Standards Committee X9 Inc., a developer of standards for the U.S. financial industry, to speed development …
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Peoples Bank apparently likes what Deluxe Corp. has been doing for the Marietta, Ohio-based bank because it added Deluxe’s merchant services to its roster of services. The bank placed a part of its promotional business with Minneapolis-based Deluxe in January and added checks in March. Merchant services, under the One …
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