Digital Transactions Authoritative, insightful and timely information for payments professionals
Bluevine, a banking platform for small businesses, launched Invoicing and Payment Links, aimed at allowing businesses to receive payments directly in bank accounts via a range of payment methods. The buy now, pay later platform Affirm Inc. said it is expanding its partnership with the merchant Williams-Sonoma Inc. to Canada. Besides Williams-Sonoma, …
May, 2025
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28 May
Global Offloading Payroll Unit with Thredd and other Digital Transactions News briefs from 5/28/25
Global Payments Inc. has agreed to sell its payroll unit, Heartland Payroll Solutions, to insurance fintech Acrisure LLC for $1.1 billion. The business serves more than 50,000 clients. Castles Technology said it is working with PXP, a payments platform, to offer Android point-of-sale devices to merchants regardless of size. Some 73% of …
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27 May
How Worldpay, OwlTing, and PSQ Are Moving on Stablecoins
The big processor Worldpay said early Tuesday it will work with BVNK, a stablecoin-technology company, to provide to Worldpay clients what the companies say will be “nearly instant global payouts” in stablecoins. The service will be available to clients in the United States and Europe starting in the second half …
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23 May
More States Press Interchange Regulation as Illinois Legislators Contemplate Delaying the IFPA
More states are introducing legislation exempting merchants from paying interchange on sales tax and tips. Bills are currently pending in Alaska, Massachusetts, and New York. In Alaska, the proposed bill, which was attached at the 11th hour to a bill authorizing businesses to pay employees using reloadable cards, has been …
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23 May
Visa’s Payments Forum Notes a Digital ID Expansion
Visa Inc. is heralding a number of advances in payments technologies, among them the growth of digital-identity services related to payments, continued contactless-payments penetration, and progress with its Flex Credential. Visa said its efforts to create secure digital-identity technology, aimed at making the checkout more secure, is advancing. Central to …
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22 May
Eye on Point of Sale: Lightspeed Marks $1 Billion in Revenue; Manhattan Associates Secures a Shopify Presence
In a first, point-of-sale system and e-commerce platform Lightspeed Commerce Inc. exceeded $1 billion in yearly revenue, posting $1.1 billion for its fiscal year ended March 31. That’s up 21% from $909 million the previous year. It wasn’t enough, however, to offset financial performance, resulting in a loss for the …
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22 May
How CCCA Sponsors See an Opportunity to Advance the Bill
Sponsors of the Credit Card Competition Act saw the passage of the GENIUS Act on a preliminary vote as an opportunity to give the CCCA new life in advance of plans to reintroduce the legislation in the current Congress. Attaching the bill to the GENIUS Act, which would regulate stablecoins, …
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22 May
Curve Pay Debuts on iOS Devices in Europe and other Digital Transactions News briefs from 5/22/25
Curve has launched Curve Pay on the iOS operating system for European consumers, becoming the first payments technology to use the iPhone’s NFC interface following Apple Inc.’s agreement with the European Commission to open that interface to competing services. U.S. Bank has issued a Visa debit card cobranded with Gonzaga University and aimed at …
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21 May
Trying to Revive the CCCA, Durbin And Marshall Look to Make It an Amendment to the GENIUS Act
Sponsors of the Credit Card Competition Act moved late Tuesday to attach the legislation as an amendment to the GENIUS Act, a proposed bill to regulate stablecoins. While the Senate must approve the move, it potentially gives the legislation new life as it failed to advance out of committee in …
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21 May
Eye on BNPL: Pay-Over-Time Besting Credit Cards for Some; Afterpay Lines up More Merchants
The predictability of buy now, pay later loans and the interest-free nature of many of them is appealing to merchants, as many consumers—86%—believe the economy is uncertain, finds a new report from Affirm Inc. Commissioned by installment-payment provider Affirm, the survey, conducted by Talker Research in March of 2,000 U.S. …
