Seeking to provide an alternative to rewards credit cards, Klarna AB has expanded its Premium and Max membership programs in the United States. Klarna’s membership program is a monthly fee-based service that offers consumers such rewards as cashback, exclusive deals, and lifestyle rewards, as well as airport lounge access and …
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Nayax Ltd. early Thursday said it has acquired Lynkwell, a U.S.-based technology developer for electric-vehicle charging stations. The $25.9-million, all-cash deal comes as Nayax looks to capitalize on the growth of EV charging as a payments market, particularly in the United States. “We are opening the door to a more …
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The Clearing House Payments Co. LLC said its RTP instant payments network topped $1.3 trillion in total payments in 2025 through November, up 428% from 2024. TCH said RTP transactions account for 98% of all bank-to-bank instant payments. PAR Technology Corp. announced Abelardo’s Mexican Fresh, a restaurant chain with more than 50 …
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Perhaps the executives at major payments processors are the only people who like seasonal holidays more than consumers do. That became even clearer early Wednesday when Adyen NV announced record results from the Black Friday-to-Cyber Monday shopping bonanza. The Amsterdam-based processor, which measured results in the U.S. and nine other …
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Fi911, a provider of chargeback prevention and risk management, launched ResolveLab, a service it says is aimed at resellers and payment facilitators looking to block chargebacks and control risk. Okta Inc., a provider of identity technology, reported third-quarter revenue of $742 million, up 12% from the same time last year. …
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While credit cards are the most common way small businesses pay for a purchase, a growing number are embracing buy now, pay later loans as a payment option. At the same time, many small businesses are opting not to pay by card in order to avoid a surcharge, finds J.D. …
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Sports-and-entertainment consultancy Liberty Sports Group says it will work with Shift4 Payments Inc., enabling the point-of-sale and payments specialist to be its exclusive technology partner. In related news, SpotOn Transact LLC says Adalina Prime, a new steakhouse from the well-known Adalina restaurant in Chicago, will use its POS technology. New …
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Black Friday through Cyber Monday shopping generated a 10% rise year-over-year for Block Inc.’s Square, Cash App, and Afterpay payments properties, to 124 million transactions, the company reported. Payments processor Nuvei Corp. announced it is expanding a partnership with Microsoft Corp. to enable its core payment processing APIs to run on Microsoft Axure and use Azure AI to …
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Consumer spending is expected to remain strong on Cyber Monday, after merchants saw robust holiday sales over Thanksgiving weekend. Shoppers in the United States are projected to spend $14.2 billion online on Cyber Monday, a 6.3% increase from a year ago, says Adobe Analytics. Spending is expected to peak at $16 …
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Merchants processing with Kurv, which was known as Electronic Merchant Systems until November, have a new option and a new app. In related news, the airline Lufthansa Group is adding Klarna AB’s buy now, pay later options via a Klarna and Adyen NV integration. Cleveland-based Kurv debuted a merchant app …
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