Competitive Strategies

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. …

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 …

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 …

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. …

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 …

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 …

Digital wallets provide a variety of benefits to consumers, including convenience speed, security, and record keeping, but they also pose risks for users and stand to be improved in several areas, says a study from Consumers Reports. Consumers Reports evaluated six wallets—Apple Pay, Cash App, Google Pay, PayPal, Samsung Pay, …

Truist Financial Corp. said it is the first financial institution to use an alias-based request for payment utility on the RTP network, the real-time payments service from The Clearing House Payments Co. LLC. The service is available for both corporate and individual customers, Truist said. POSaBIT Systems Corp., a point-of-sale maker for cannabis …

Square is a long way from just offering a plug-in card reader dongle and there may be no better evidence of that with its fully revised Square Point of Sale app. This iOS and Android app enables merchants (Square calls them sellers), to pick and choose which services, such as …

Fiserv Inc.’s Clover point-of-sale technology is set to make a splash in the highly competitive restaurant market with the expected launch next month of Clover Hospitality, the company’s top brass said early Thursday. Lilia, an Italian eatery in Brooklyn, is the first client, said Michael Lyons, the company’s chief executive, …