Digital Transactions Authoritative, insightful and timely information for payments professionals
Cryptocurrency-payments platform BitPay Inc. is betting its HODL payment option will make it easier for investors to spend their digital currency without first having to sell their crypto assets to make a purchase or pay a bill. Launched earlier this week, HODL Pay enables consumers to borrow stablecoins against their …
May, 2025
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14 May
Costco, Mattress Firm Pick Affirm and other Digital Transactions News briefs from 5/14/25
Affirm Inc. announced deals for its buy now, pay later service to be available at Mattress Firm and at Costco Wholesale. Mattress Firm says it is the largest mattress retailer in the U.S. market, with more than 2,200 locations. India-based Zoho Corp. entered the U.S. market with the launch of Zoho Payments, which supports cards …
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13 May
First-Party Fraud Rockets In 2024, Despite Overall Fraud Rates Flattening, LexisNexis Says
First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud occurs when a consumer disputes a legitimate credit card transaction, claims he never received the order, or misrepresents personal information …
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13 May
Square Marks New Handheld POS Device and Release Schedule
With consumers and small-business owners long accustomed to mobile phones, Square is counting on that familiarity to make its new Square Handheld device an easier-to-use point-of-sale device. Calling Square Handheld, which is roughly the size of a smart phone though thicker, its most powerful and portable POS device ever, Square …
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13 May
Toast’s Restaurant Menu Monitor and other Digital Transactions News briefs from 5/13/25
Toast Inc. launched its Menu Price Monitor, which tracks U.S. restaurant pricing trends. The company claims a client base of more than 140,000 restaurant locations. LegitScript said it is launching a benchmarking program to allow e-commerce clients using its marketplace to measure risk in various categories. Payouts platform Onbe announced it has expanded its …
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12 May
Eye on AI: SpotOn’s AI Tool to Debut; AI Ransomware’s Future
As artificial-intelligence services become more commonplace, their impact on the payments industry, both good and bad, is becoming clear. As a tool to help merchants, AI services can help with a variety of tasks, something restaurant point-of-sale specialist SpotOn Transact LLC will be counting on as it launches its AI-powered …
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12 May
Arborgold Payments Debuts and other Digital Transactions News briefs from 5/12/25
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. …
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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 …
