Person-to-Person Payments

It’s a big update day for users of Cash App, the money-movement service from Block Inc., as a new artificial-intelligence tool, a borrowing service, and cryptocurrency options are added. Announced Thursday, the roster of 11 product updates to Cash App, which launched in 2013 as a person-to-person payment method called …

It’s a busy day for PayPal Holdings Inc. and its payments services. Five years after launching PayPal Pay in 4 in the United States, PayPal now offers the buy now, pay later product in Canada. PayPal also said Venmo, its social-based money movement service, launched Stash, a rewards program for …

The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross profit of $2.66 billion during the quarter, an 18% increase from a year earlier, Block chief …

Faster payments continues to be among the more advanced payment options coming from acquirers and processors. Now, Nuvei Corp. is among the first to integrate Visa Direct for Account, the processor says. Announced Thursday, the integration means clients on the Nuvei platform can use Visa Direct for Account to send …

Restaurant point-of-sale provider Toast Inc. has further expanded its agreement with ride-sharing technology provider Uber Technologies Inc. to help restaurants in the United States and Canada better manage digital ordering, enhance the guest experience, attract new customers, and increase sales. New tools the two companies plan to create include customer …

The VerifiedX Foundation has launched Butterfly, a social-payment and commerce platform that allows users to send and receive VFX, the native VerifiedX cryptocurrencies—Bitcoin, USDT, and USDC coins—instantly via text message, email, or any social-media handle. The new service combines the ease of the Venmo and Zelle peer-to-peer payments networks with the sovereignty of blockchain …

Buy now, pay later specialist Affirm Holdings Inc. expanded its partnership with retailer Wayfair Inc. to include in-store transactions. Wayfair initially adopted Affirm in 2016 for online checkout. First Internet Bank adopted Zelle, a peer-to-peer payment service, for its business customers. Payment orchestration platform Gr4vy Inc. completed an integration with the new Mastercard Merchant Cloud, a payments platform …

Faster payments on the automated clearing house network and on real-time payments systems are gaining momentum, according to statistics released Thursday by Nacha, the standards body for the automated clearing house system, and by the Real Time Payments network, operated by 22 of the world’s biggest banks. The total value …

Klarna Group plc said it will support the AI-based Agent Payments Protocol from Google Inc. The technology allows shopping agents to find and buy products according to criteria set by consumers. Xplor Pay announced a partnership with Gatemaster Technology, a point-of-sale and ticketing software provider, that sees Gatemaster customers gain access to …