Mobile Wallets

Vetsource, a provider of technology, pharmacy, and business services to veterinary practices, has added payment processing capabilities to its platform. In addition to supporting credit and debit cards, e-wallets, and online and automated clearing house payment-processing options, Vetsource says its new service will enable veterinary practices to offer payment methods …

The leading digital currency Bitcoin hasn’t returned to the values it enjoyed early last year, but it appears to have rebounded from the beating it—and the cryptocurrency industry as a whole—took in the wake of the sudden collapse in November of the major trading platform FTX.com and the bankruptcy in …

The cryptocurrency exchange Bitcoin of America announced users can pay their utility bills at kiosks operated by the company in Illinois and Texas by converting their virtual currency holdings into dollars at the machines. Samsung Electronics Canada launched a new version of its Samsung Galaxy S23 Series of mobile phones in that country, with …

Early Warning Services LLC, operator of the Zelle peer-to-peer payments network, is celebrating a year just passed in which both dollar volume and transactions processed rose at double-digit rates. But the company also has its eye on promising markets like small businesses and on countering charges from U.S. Senators about …

Zelle, the peer-to-peer payment network operated by Early Warning Services LLC, reported Thursday that consumers and businesses sent 2.3 billion in payments totaling $629 billion through the network in 2022. On a year-over-year basis, transaction volumes through Zelle increased 26%, and total transaction value increased 28%. Small businesses continue to be …

Nuvei Corp. said it will be a multiyear sponsor of the Mercedes-AMG Petronas Formula One Team. Business management marketing software provider Marketing 360 added a tap-to-pay feature to its mobile app, enabling its clients to accept payment cards and digital wallets. The cryptocurrency-payments platform Wirex said it will become a member of Visa Inc. in …

Dan Schulman, chief executive and president of PayPal Holdings Inc., will retire at the end of the year but retain a seat on the company’s board, he revealed late Thursday during a conference call with equity analysts to discuss PayPal’s fourth-quarter and full-year 2022 results. Schulman, who turned 65 in …

Mastercard Inc. is teaming with videogame-commerce company Xsolla in an effort to smooth online-gaming checkouts by enabling new payment options for Xsolla’s videogame platform, the card network said. Mastercard cardholders will be able pay for gaming purchasing using credit card loyalty points from participating merchants and issuers. They can also …

The buy now, pay later trend has lifted a wide range of companies specializing in these online and point-of-sale installment-payment products, not least Affirm Holdings Inc. But late on Wednesday the 11-year-old company reported subpar results for its December quarter and announced it is dismissing 19% of its workforce. The …

Seeking to entice small businesses to pay for purchases using their Visa business card, Visa Inc. on Wednesday launched Visa SavingsEdge, a program that rewards small businesses that have Visa business cards with savings and discounts on business-related services from about 60 merchants. The rewards and incentives include everyday savings …