Mobile Wallets

A federal judge has ruled that a case brought by three financial institutions against Apple Inc. can proceed as a class action. The ruling, issued Wednesday by Judge Jeffrey White of the U.S. District Court for the Northern District of California, certifies the plaintiffs as a class while dismissing Apple’s …

American Express Co. announced its cards are now accepted at more than 190 million merchant locations globally, including 20 million added so far this year. Beyond its longtime base in hotels, restaurants, and airlines, AmEx says it is now accepted at an estimated 800-plus transit authorities globally. Chase said it has begun …

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 …