E-Commerce

POSaBIT Systems Corp., a payments processor specializing in cannabis merchants, and Dutchie, a software provider to more than over 6,500 cannabis businesses, late Thursday lauded the Trump administration’s decision to reclassify cannabis to a Schedule III drug as a move that could finally open the door for cannabis merchants to …

Visa Inc. announced early Thursday hundreds of artificial intelligence-based and agent-initiated transactions have been completed in collaboration with partners, a milestone the card network says is a signal that agentic commerce is poised to become mainstream in 2026.  By the start of the next year’s holiday shopping season, Visa predicts …

Former Shift4 Payments Inc. chief executive Jared Isaacman was approved by a U.S. Senate vote of 67-30 to take over as administrator at NASA, the top position at the U.S. space agency. President Trump renominated Isaacman for the job in November after quashing his original nomination in May. Payments platform PSQ Holdings Inc. said …

Online shoppers are spending more this holiday shopping season compared to a year ago, while returning fewer items, according to Adobe Analytics. Holiday shoppers spent $187.3 billion between Nov. 1 and Dec. 12, up 6.1% from the same period a year ago. Adobe is projecting online sales for the entire …

With at least one forecast, from Morgan Stanley, predicting agentic commerce could capture from 10% to 20% of U.S. e-commerce spending by 2030, payments companies are quickly prepping. The latest is the pairing of Visa Inc. and Akamai Technologies Inc., a cybersecurity and cloud-computing company. The Visa and Akamai collaboration …

System Solutions LLC says an update to its integration with Microsoft Dynamics 365 Business Central cloud ERP software enables merchants to process automated clearing house transactions within 365 Central.  Sardine AI Corp., a risk-management firm, said it will offer real-time transaction monitoring, fraud interdiction, and other services through a partnership with …

Visa Inc. announced early Tuesday it is supporting stablecoins as a settlement option for issuer and acquirer banks in the United States, a major move in payment card finance and one observers see as an inevitable next step for the industry, though one that could come with complications. The use …

PayPal Holdings Inc. is embarking on another stage in its evolution with its application for a Utah-chartered industrial loan company to be called PayPal Bank. PayPal announced the move late Monday saying it submitted applications to the Federal Deposit Insurance Corp. and the Utah Deptarment of Financial Institutions. A successful …

Merchant groups late Friday filed written complaints regarding the latest settlement offer in their two-decades old lawsuit against Visa Inc. and Mastercard Inc. challenging card swipe fees. The settlement offer, which follows a rejected offer in 2024, was made in November. Merchant groups filing complaints were The National Association of …

Two major players in stablecoins, Circle Internet Financial Inc. and Ripple Labs Inc., received conditional approval Friday from the U.S. Office of the Comptroller of the Currency to establish national trust banks. Both companies coveted the approvals as key to establishing confidence in stablecoins among consumers and businesses as they …