Mobile Commerce

Payments processor Adyen NV said it is working with the luxury-goods retailer LVMH to unify the company’s payments systems across all of its brands. LVMH operates more than 1,000 stores globally. Payments processor Thredd announced it will support an expansion into the United States and Latin America by Reap, a provider of cards backed …

Google Inc. early Tuesday launched its Agent Payments Protocol, an open protocol to authenticate consumers who are initiating a payment using an AI agent when shopping online. Developed with 60 payments and technology companies, including Adyen NV, MasterCard Inc., and PayPal Holdings Inc., the protocol is intended to remove a …

Buy now, pay later specialist Affirm Inc. announced it is offering its services through Apple Inc.’s Apple Pay mobile-payments app for in-store transactions. Apple enabled Affirm for online transactions in 2024. In related news, the payments platform Klarna AB said it too is now available on Apple Pay for in-store purchases, in this case in the …

American Express Co. said it has launched a travel app that combines travel-planning and booking capabilities.  Developed in response to cardholders it says are looking for an app that provides travel insights, premium offers, and high-value benefits, the app guides cardholders in planning their getaway through what AmEx calls “curated …

Block Inc.’s Square point-of-sale unit launched a national marketing campaign featuring what the company calls a “refreshed brand identity” and a focus on local small businesses. Payments-technology provider Kuvasz Solutions and comforte, a provider of payments-data protection, said they are expanding their partnership to North America from their base in Latin America. Paysign …

Qu POS Inc. says it has bolstered its efforts to modernize the technology stack for quick-service and fast-casual restaurants with the launch of Qu Business Edge, a restaurant-management platform based on edge computing. The new platform, which combines edge computing with artificial intelligence, enables restaurants to increase sales across online …

Klarna Group plc, a Sweden-based buy now, pay later platform with major U.S. operations, said its initial public offering closed with 34.3 million shares outstanding at an IPO price of $40 per share. Klarna closed at $42.74 per share after the first day of trading Thursday. Alipay said its Alipay Tap! contactless-payment service …

High-risk merchants can offer generous profit margins, but those returns must be weighed against the risks they bring. That balancing act starts before onboarding and continues afterward, panelists at the Western States Acquirers Association conference said Wednesday. One of the many considerations with high-risk merchants is to avoid misunderstanding the …

Mastercard Inc. and Paytently, a payments-orchestration platform, announced they have collaborated on an open-banking initiative that will leverage Mastercard systems to let consumers make payments directly from their bank accounts at checkout. In related news, Mastercard said it has worked with NCR Atleos and ITCARD to allow cash withdrawals at ATMs using a …

The Federal Reserve said Tuesday it will raise the transaction limit on FedNow transactions tenfold, to $10 million, effective in November. Launched in July 2023, FedNow is a real-time payments system linking more than 1,400 U.S. financial institutions. The move will have come nine months after the rival Real Time …