Zoho Corp., an Indian multinational software company, is launching Zoho Payments in the United States. Zoho Payments is an embedded-payments solution that enables businesses to collect one-time and recurring payments from customers, online and within Zoho apps. Billed by Zoho as an out-of-the box payment solution, Zoho Payments supports the …
Read More »Mastercard Looks to Support Stablecoins in a Deal With Wallet Provider MoonPay
The big card networks have worked for several years to exploit the growing business of transactions based on cryptocurrency, and the latest development emerged early Thursday with an announcement that Mastercard Inc. is looking to enable acceptance of stablecoin-backed cards at the more than 150 million merchants worldwide that accept …
Read More »With HODL Pay, BitPay Aims to Bridge the Gap Between Decentralized Finance and Everyday Crypto Spending
Cryptocurrency-payments platform BitPay Inc. is betting its HODL payment option will make it easier for investors to spend their digital currency without first having to sell their crypto assets to make a purchase or pay a bill. Launched earlier this week, HODL Pay enables consumers to borrow stablecoins against their …
Read More »First-Party Fraud Rockets In 2024, Despite Overall Fraud Rates Flattening, LexisNexis Says
First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud occurs when a consumer disputes a legitimate credit card transaction, claims he never received the order, or misrepresents personal information …
Read More »Toast’s Restaurant Menu Monitor and other Digital Transactions News briefs from 5/13/25
Toast Inc. launched its Menu Price Monitor, which tracks U.S. restaurant pricing trends. The company claims a client base of more than 140,000 restaurant locations. LegitScript said it is launching a benchmarking program to allow e-commerce clients using its marketplace to measure risk in various categories. Payouts platform Onbe announced it has expanded its …
Read More »Paysafe Teams With Fiserv to Offer Merchants Digital Wallets And Other New Features
Paysafe Ltd. and Fiserv Inc. are teaming up to offer merchants using Fiserv’s Clover point-of-sale terminals a digital wallet to receive settlements and access banking services. The wallet, which is intended to speed settlements, allows merchants to accept payments, including credit cards, bank transfers, and alternative options, and use the …
Read More »The Pizza Ranch Chain Adds Digital Wage Access Through Payments Provider Branch
Pizza Ranch Inc., a Midwestern buffet restaurant chain specializing in pizza and chicken, has added digital wage access through payments-platform provider Branch LLC. Pizza Ranch workers will be able to digitally receive their hourly wages, tips, and mileage reimbursement after each shift. Employees also receive a fee-free bank account into …
Read More »COMMENTARY: BNPL Is Booming, And So Are the Risks You Can’t Ignore
Buy now, pay later has changed the way people shop. It’s quick, intuitive, and built around modern consumers, a seamless option at checkout that breaks big purchases into manageable moments. No fuss, no friction. For payments organizations, it’s opened new avenues of growth. Adoption is soaring. Merchants are happy. Consumers …
Read More »Financial Institutions Press Their Case Against Illinois’s Interchange Law
Plaintiffs in the lawsuit challenging the Illinois Interchange Fee Prohibition Act are pushing hard to make their case that national banking laws pre-empt the IFPA, which is scheduled to go into effect July 1. In a motion filed late Wednesday, the plaintiffs argued that federal banking laws supersede the Illinois …
Read More »Recurly Bulks up Its Platform With Two Deals; CPI Card Group Acquires Arroweye Solutions
Recurly Inc., a subscription-management and recurring-billing platform, announced early Wednesday the acquisitions of digital customer-engagement platform Redfast Inc. and of Prive, said to be a Shopify-first subscription platform. Terms were not disclosed. The rationale for the deals is that they will enhance Recurly’s ability to “manage the full subscriber lifecycle” …
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