QR code payments have taken a big step towards becoming not only a mainstream payment option but also one that can accelerate the adoption of real-time payments. Late last week, the technology was used to facilitate a transaction over the FedNow network using the X9 standard. The demonstration transferred funds in …
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Worldpay Inc. is introducing in Canada and the United Kingdom its Worldpay for Platforms service, which allows software developers to embed payment processing in their platforms, the processor announced Tuesday. At the same time, Worldpay announced it is expanding availability of the service in Australia. Demand for embedded payments is …
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Truist Financial Corp. is courting merchants and their banking and payment needs with a new service called Merchant Engage. The free service is an integrated merchant-services platform, enabling small businesses up to large merchants to view all of their transaction data in one location. Announced Tuesday, Merchant Engage also brings …
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Payments provider PayJunction said it is working with customer-engagement platform Twilio to enable PayJunction merchants to process payments over the phone using AI-supported interactive voice-response technology. Gaming-industry specialist Pavilion Payments announced it will launch “VIP Preferred” funding solutions, including eCheck and deferred settlement, at three Pawnee Nation casinos. Kort Payments said it will work with …
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Online shoppers in the United States are projected to spend a record $23.8 billion during Amazon.com’s upcoming Prime Day event, a more than 28% increase from the prior year, according to figures released early Monday by digital publishing and services provider Adobe Inc. Amazon’s Prime Day event runs July 8 …
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Restaurant-payments provider SpotOn has launched Picked for You, an AI-powered system that SpotOn says personalizes digital menus on behalf of restaurants in an effort to drive higher tickets. Working with Idex Biometrics, Mastercard Inc. is launching in Bangladesh its metal credit card, which includes technology supporting fingerprint authentication for in-store transactions. The issuer is …
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Restaurant-technology provider Olo Inc. has entered into an agreement to be acquired by software-investment firm Thoma Bravo. Thoma Bravo has agreed to pay Olo shareholders $10.25 per share in cash, a 65% premium over Olo’s unaffected share price of $6.20 as of April 30, 2025. Thoma Bravo has placed Olo’s …
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Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …
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U.S. processor Worldpay Inc. announced it is establishing acquiring services in Thailand, furthering its operations in the Asia-Pacific region. Digital wallet Curve said it will work with the technologist Thales on Curve Pay for iOS, a mobile payment service that enables users to rely on their iPhone’s NFC chip to make contactless payments. Banking technology provider Alkami …
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Grocery-delivery platform Instacart launched its Caper Carts at Wegmans Dewitt store in Syracuse, N.Y. The technology lets customers track spending while streamlining checkout through a network of cameras, digital scales, and location sensors. Mogo Inc. said it is investigating stablecoins to help support its payments platform, which handles more than $12 billion annually …
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