Visa Inc. late Wednesday introduced Visa Intelligent Commerce, an artificial intelligence-based shopping service that enables AI agents to shop and make purchases for consumers. AI agents are software programs that use artificial intelligence to gather information and take actions to achieve clearly defined goals with a minimum of human intervention. The …
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The payments industry may soon be wrestling with the fallout from the upcoming $35-billion merger of Capital One Financial Corp. and Discover Financial Services, and one key question emerging from the deal is how it will affect Mastercard, the network for Cap One’s credit and debit cards. Early on Thursday, …
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Electronic Merchant Systems, also known as EMS, said it has invested in Payment Nerds and Pet Payments, both of which have signed distribution agreements with EMS. The extent of the investment was not disclosed. Merchant services and check printer Deluxe Corp. reported $536.5 million in first quarter 20245 revenue, up 0.3% from …
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A proven business model built around executing the fundamentals in consumer and business payments was the engine for solid growth during Visa Inc.’s second quarter of its 2025 fiscal year, the card network’s top executives indicated late Tuesday. The strength of Visa’s business model is evident in the network’s financial …
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A test this past September of a real-time pay by bank payments option inside the Walmart app indicates the service is on track for a broader debut in 2025, Digital Transactions News has learned. Speaking at the Nacha Smarter Faster Payments 2025 conference in New Orleans, Sarah Arnio, Walmart Inc. …
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PayPal Holdings Inc. recorded a tepid 1% growth rate in revenue in the first quarter, with overall transaction revenue flat, but the company’s stress on branded checkout appears to be yielding more optimistic results, the company reported early Tuesday. PayPal is also building up its cryptocurrency business and beginning a …
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Request for payment on the RTP network from The Clearing House Payments Co. LLC has been a feature since the network launched 2017, but users’ increasing embrace of RfP is triggering more development of it. With real-time processing backing it, the RfP option allows billers and merchants to receive nearly immediate payment …
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Shift4 Payments Inc. reported early Tuesday it logged volume of $45 billion for the first quarter, up 35% year-over-year, while revenue climbed 20% to $848.3 million and gross profit hit $240.7 million, up 37%. OneCause launched OneCause Payments, a payments platform for nonprofits that offers processing from Stripe Inc. and Deluxe Corp. …
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Zelle, the peer-to-peer payments network operated by Early Warning Services LLC, continues to make steady inroads with small businesses, according to data released early Monday by Early Warning. About 7 million small businesses are enrolled in the network to make and receive payments, while the use of Zelle by consumers …
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As consumers navigate tighter budgets and businesses adapt to shifting spending habits, buy now, pay later (BNPL) has emerged as more than just a passing trend. Like layaway in the days of yore, BNPL breaks purchases into smaller pieces. However, unlike layaway, BNPL meets the need for instant gratification by …
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