Digital Transactions Authoritative, insightful and timely information for payments professionals
Arborgold, a software provider for landscapers, launched Arborgold Payments, allowing users to process credit, debit, and automated clearing house payments within the Arborgold software. Tillo, a gift card and rewards platform, announced it has received an investment from Tenzing, a technology investor. The sum of the investment was not disclosed. …
May, 2025
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9 May
The Pizza Ranch Chain Adds Digital Wage Access Through Payments Provider Branch
Pizza Ranch Inc., a Midwestern buffet restaurant chain specializing in pizza and chicken, has added digital wage access through payments-platform provider Branch LLC. Pizza Ranch workers will be able to digitally receive their hourly wages, tips, and mileage reimbursement after each shift. Employees also receive a fee-free bank account into …
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9 May
COMMENTARY: BNPL Is Booming, And So Are the Risks You Can’t Ignore
Buy now, pay later has changed the way people shop. It’s quick, intuitive, and built around modern consumers, a seamless option at checkout that breaks big purchases into manageable moments. No fuss, no friction. For payments organizations, it’s opened new avenues of growth. Adoption is soaring. Merchants are happy. Consumers …
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9 May
A New Crypto Gateway and other Digital Transactions News briefs from 5/9/25
ONE.io, a specialist in digital-currency payments, and BoomFi, a cryptocurrency-technology provider, announced they will launch ONE Gateway, designed to allow ONE.io clients to accept crypto payments while automatically receiving settlement in fiat currency. In related news, SmartMedia Technologies, a loyalty and payments technology provider for blockchain-based transactions, launched its Pay with …
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8 May
Financial Institutions Press Their Case Against Illinois’s Interchange Law
Plaintiffs in the lawsuit challenging the Illinois Interchange Fee Prohibition Act are pushing hard to make their case that national banking laws pre-empt the IFPA, which is scheduled to go into effect July 1. In a motion filed late Wednesday, the plaintiffs argued that federal banking laws supersede the Illinois …
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8 May
Stripe Taps Verifone to Make a Major Card-Present Move
Verifone Inc. announced Wednesday it will work with Stripe Inc. to enable Stripe’s payments services on Verifone point-of-sale devices. The move brings e-commerce giant Stripe further into the business of card-present processing and represents Verifone’s latest move to collaborate with major e-commerce payments players, following a recent agreement to provide …
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8 May
Cash App Pay at Domino’s and other Digital Transactions News briefs from 5/8/25
Square says its Cash App Pay service can now be used to pay for Domino’s items. Square said this is one of the first restaurant partnerships for Cash App Pay, which enables users to use their Cash App balances to pay for purchases. Payments provider Clearent by Xplor launched Xplor Capital, an embedded finance …
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7 May
Recurly Bulks up Its Platform With Two Deals; CPI Card Group Acquires Arroweye Solutions
Recurly Inc., a subscription-management and recurring-billing platform, announced early Wednesday the acquisitions of digital customer-engagement platform Redfast Inc. and of Prive, said to be a Shopify-first subscription platform. Terms were not disclosed. The rationale for the deals is that they will enhance Recurly’s ability to “manage the full subscriber lifecycle” …
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7 May
The CFPB Scales Back Its BNPL Enforcement
Amid a general relaxation of financial-enforcement actions under the Trump administration, the Consumer Financial Protection Bureau says it no longer will prioritize enforcement of buy now, pay later products as if they were credit card products. Announced Tuesday, the change reverses a CFPB position from a year ago that maintains …
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7 May
Discover: 41% See Stability and other Digital Transactions News briefs from 5/7/25
Some 41% of Americans think their finances will stay the same in the next 12 months, while 38% say their situation will get better, according to a survey by Discover Personal Loans, a unit of Discover Financial Services. But 20% expect to be worse off. The survey, conducted by Morning Consult, …