Mobile Wallets

Checkout.com launched direct acquiring in the United States under its Merchant Acquirer Limited Purpose Bank charter in Georgia. Mastercard Inc. announced Mastercard Wallet Pay, a set of technologies enabling interoperability and encouraging innovation among wallets for contactless and online payments. Some 4.3 billion persons globally now use digital wallets, a number expected …

AEON, a settlement platform for online payments, launched Agentic Checkout, which enables AI agents to shop, check out, and pay on e-commerce sites such as Shopify and Amazon. Buy now, pay later and payments specialist Klarna AB said its payment method is an option on StockX, a marketplace for apparel and cultural …

ACI Worldwide Inc. announced an agreement to acquire Cranium Ventures, a developer of technology for switching card-based transactions. Cranium will become part of ACI’s Connetic for Cards payments-orchestration unit, launched in March. ACI says its various units process more than 300 billion card transactions per year. Terms of the deal, which …

PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of $53 billion, or $60.50 per share, as too low. PayPal’s shares were trading at $61.47 at the market’s close Thursday. Some 47% …

Neighborhoods, a service launched by Block Inc. in October to connect its sellers with its Cash App users, has added 30,000 sellers since the end of June. Block, and its Square acquiring unit, intended for Neighborhoods to create a local commerce network for both merchants and consumers. Neighborhoods provides sellers …

OnePay, the financial-services company majority owned by Walmart Inc., is adding support for Apple Inc.’s wallet for its credit cards, enabling cardholders to use their cards to make Apple Pay transactions. The OnePay debit card has supported Apple Pay since 2022. Adding Apple Pay support coincides with Walmart enabling contactless …

Paysafe has launched a video gaming arena, built on its PaysafeCard and PaysafeWallet products, for players, developers, and publishers. The company says the initiative is intended to widen its gaming franchise beyond payments with features such as game discovery and recommendations, rewards, promotions, and events. Global Payments Inc. kicked off Genius World, …

PayPal Holdings Inc. is banking that it will have a seat on more college campuses with its integration with Illumia, Nelnet Campus Commerce, and TouchNet, payments providers to higher education institutions. TouchNet is owned by Global Payments Inc. PayPal says its PayPal and Venmo wallets can now be used for …

The digital-asset trading platform Kraken announced the U.S. launch of its Krak Card, a debit card that allows users to conduct transactions in cash and digital currencies. Issued by Kansas City, Mo.-based Lead Bank, the card can be used at Visa-accepting merchants and offers up to 2% cash back. Stripe Issuing …

When people discuss mainstream stablecoin adoption, the conversation usually focuses on payments: Will consumers pay with stablecoins? Will merchants accept them? Will blockchain replace card networks? The bigger challenge is not payments—it is deposits. The real battle is where money lives, not how it moves. Banks have spent decades building …