News

September, 2025

• 16 September

  As Its Volume Reaches Record Highs, Zelle Launches a New SMB Feature

  

  Zelle, the peer-to-peer payment service, appears on track for a banner year with a record 2 billion transactions processed in the first six months of 2025, a 19% increase from the 2024 first half. The dollar amount of these transactions increased more, reaching nearly $600 billion, up 23% from $481 …
• 16 September

  Affirm OK’d for In-Store Apple Pay Use and other Digital Transactions News briefs from 9/16/25

  

  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 …
• 15 September

  AmEx Launches an All-In-One Travel App; Chase Boosts Rewards for Trips

  

  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 …
• 15 September

  PayPal Broadens Its Peer-to-Peer Payments with PayPal links

  

  Peer-to-peer payments competition has increased with the debut of PayPal links, a new way for PayPal users to send funds to others. PayPal links enable users to create a personalized link to share that contains the amount and a short description. PayPal says they can be shared in any conversation, …
• 15 September

  Square’s Neighborhood Push and other Digital Transactions News briefs from 9/15/25

  

  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 …
• 12 September

  Qu Launches Its Business Edge Platform for Restaurants; Onosys Expands Its Web of Partners

  

  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 …
• 12 September

  A Settlement Is Reached in the Discover Pricing Lawsuits

  

  Merchants caught up in three pricing class-action lawsuits involving Discover Financial Inc. have a proposed settlement to evaluate, according to a notice from the U.S. District Court for the Northern District of Illinois. Announced Thursday, the settlement could see eligible merchants receive payments for Discover-issued consumer credit cards that were …
• 12 September

  Klarna’s IPO Price Jumps and other Digital Transactions News briefs from 9/12/25

  

  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 …
• 11 September

  BNPL Expected to Stretch Holiday Shoppers’ Budgets and Boost Holiday Spending

  

  Consumer spending is expected to remain resilient this holiday shopping season and buy now, pay later loans will play a key role in the trend, according to Cash App Afterpay’s 2025 Holiday Survey. Despite 38% of consumers in the United States saying they feel more financially stressed than in 2024, …
• 11 September

  Weighing the Profitability of High-Risk Merchants in a Risk-Wary Climate

  

  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 …