Payments provider Electronic Merchant Systems acquired Paysley, an omnichannel payment platform. Terms were not disclosed. EMS also recently invested in Payment Nerds and Pet Payments, and acquired Peel Payments in April. Processor FIS Inc. reported June-quarter revenue of $2.6 billion, up 5% from the same period last year. The company’s banking solutions unit took in $1.8 billion, up …
August, 2025
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4 August
CDK Launches SimplePay to Streamline Payments for Auto Dealers
CDK Global LLC, a provider of cloud-based software for auto dealerships and original equipment manufacturers, has launched SimplePay, a cloud-based payments solution for auto dealers. Austin, Texas-based CDK developed SimplePay to help dealers streamline payments throughout their dealerships, such as service, parts, and accessories purchases through a single platform. The …
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4 August
How Fast Food POS Can Bring on Fast Headaches
Having fought back from the ravages of the pandemic, quick-service restaurants now represent a large and fast-growing market for providers of point-of-sale technology—but also one presenting new and vexing challenges, according to top payments executives who specialize in this industry. For fast-food or fast-casual restaurants, “building a point of sale …
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1 August
Stablecoins Prove To Be a Reliable Revenue Source for Coinbase
Revenue from its stablecoin offerings grew smartly in the second quarter for cryptocurrency platform provider Coinbase Global Inc. against a backdrop of a tough digital currency market. New York City-based Coinbase reported Thursday that it posted $332.5 million in stablecoin revenue, up 38% from $240.4 million in the year-earlier quarter. …
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1 August
Ordr Lands a Stadium Pay Deal With the Orlando City Soccer Club
Major League Soccer franchise Orlando City SC has partnered with Ordr Technologies, an AI-powered payments platform for enterprise venues, stadiums, and teams, to process transactions at Inter&Co Stadium, the team’s home field. Salt Lake City, Utah-based Ordr will provide high-speed transaction processing with real-time analytics that will give Orlando City …
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1 August
Blackhawk’s Fold Gift Card and other Digital Transactions News briefs from 8/1/25
Payments platform Blackhawk Network Inc. is working with Fold Holdings Inc., a financial-services company specializing in Bitcoin, to widen distribution of the Fold Bitcoin Gift Card, launched in May. More online merchants are expected to begin offering the card in coming weeks, the parties say. Worldwide Stablecoin Payment Network (WSPN) has launched Global …
July, 2025
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31 July
Toast Brings Cellular Connectivity And An Intelligence Engine to Its Handheld Terminal for Restaurants
Toast Inc. early Thursday unveiled Toast Go 3, the latest version of its handheld point-of-sale terminal for restaurants. Toast Go 3 offers cellular connectivity, as opposed to Wi-Fi only, and includes ToastIQ, an intelligence engine intended to offer personalized recommendations. The addition of cellular connectivity will enable staff to use …
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31 July
Nuvei’s Latest Move and other Digital Transactions News briefs from 7/31/25
The processor Nuvei said it has expanded its global clearing and settlement services into the U.S. and Canadian markets. Mastercard Inc. reported second-quarter net revenue of $8.1 billion, up 17%, with net income of $3.7 billion, a 14% rise. Lightspeed Commerce Inc. reported June-quarter revenue of $304.9 million, up 15% from the same period …
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30 July
Visa Looks to Stablecoins and Remittances to Fuel New Growth Opportunities
With consumer spending remaining resilient, stablecoins and remittances represent future growth opportunities, Visa Inc. chief executive Ryan McInerney told equity analysts during the network’s 2025 fiscal third-quarter earnings call late Tuesday. On the stablecoin front, McInerney said Visa is supportive of the recently passed GENIUS Act, which provides a regulatory …
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30 July
COMMENTARY: The Cost of Friction: Rethinking the Payment Experience
In the world of payments, it’s easy to focus on the visible costs—processing fees, transaction expenses, vendor rates. But often, the real cost hides in plain sight. It shows up when a payment fails, when a customer gives up mid-transaction, or when confusion leads to a flood of support calls. …
