Point-of-sale

April, 2025

• 3 April

  Visa Rethinks Authorize.net And Adds Unified Checkout, Fraud Protection Service

  

  Visa Inc. will launch an updated Authorize.net, in what it calls a “reimagining” of the venerable gateway. Announced Thursday, the updated version will be available in the second quarter in the United States and in other markets later this year. Visa’s announcement was one of three it made, including a …
• 3 April

  Shoplazza’s Checkout Update and other Digital Transactions News briefs from 4/3/25

  

  The e-commerce platform Shoplazza Corp. said it has upgraded its payments platform in an effort to streamline checkout and cut cart abandonment. Aurora Payments has launched a service for its Arise payment platform that replaces cardholder data with tokens issued by the card networks in an effort to cut fraud, boost approval rates, …
• 2 April

  ‘Debit With Benefits’ Debuts As Spire Launches Its Pay by Bank Service

  

  What may be the first merchant-branded, automated clearing house-based pay-by-bank service has launched. Pay with Spire Inc., a Dallas-based payments provider, says its new Pay with Spire platform enables merchants to accept pay-by-bank transactions with no integration and at lower acceptance costs than credit or debit cards. Spire says the …
• 2 April

  Alt Payments’ Vaulting Volume and other Digital Transactions News briefs from 4/2/25

  

  Led by digital wallets, instant payments, and QR-code payments, alternative payment methods will account for $142 trillion in volume by the end of 2030, up 170% from now, according to a forecast from ABI Research. Eurostar, the European passenger rail line, has adopted Klarna AB to enable ticket purchases in three equal installments …
• 1 April

  The Clearing House’s ACH Volume Swells As Adoption of Digital Transactions Spreads

  

  Transactions on the Electronic Payment Network, the automated clearing house network, operated by The Clearing House Payments Company LLC, totaled 20.7 billion in 2024, a 6.2% year-over-year increase, TCH reported late Monday. Dollar volume during the period totaled $56.4 trillion, a 7.6% rise from a year earlier. Dollar volume on …
• 1 April

  Eye on Acquiring: PAX Debuts Evolve App; Verifone’s $235 Million Investment

  

  With payment terminals as a foundation, PAX Technology Inc. is extending its acquiring support into payments management with its new Evolve payment application.  Meanwhile, Verifone Systems Inc. has lined up $235 million in investment in its latest funding exercise. PAX, which has a U.S. office in Jacksonville, Fla., says Evolve …

March, 2025

• 31 March

  Fiserv’s Clover Goes Down Under and other Digital Transactions News briefs from 3/31/25

  

  Fiserv Inc. has introduced its Clover point-of-sale technology in Australia. The system is now available in 11 countries, supporting a total of 3.5 million POS devices, according to the company. SumUp Payments Ltd. is working with FreedomPay Inc. to offer to the hospitality industry and merchants generally a payments platform with offline capability …
• 28 March

  Alacriti Updates Credit Union’s Payments Operations and other Digital Transactions News briefs from 3/28/25

  

  Lighthouse Credit Union said it will work with payments-technology provider Alacriti Inc. to update the credit union’s payment operations. Point-of-sale equipment maker MagTek Inc. announced an integration with KwickPOS, a restaurant management POS system provider. A survey by Bitget Global Inc. of 4,599 cryptocurrency users shows 46% prefer crypto payments because of speed, but 37% point …
• 27 March

  NMI Taps Mastercard to Power Its New Tap-to-Pay Service for Small Merchants Eyeing Mobile Payments

  

  With an eye on small merchants, payment processor NMI on Thursday announced a tap-to-pay feature driven by Mastercard Inc.’s Cloud Commerce app for Android smart phones or tablets. The service will enable Android-using small and mid-size businesses to accept electronic payments without adding new hardware, Schaumburg, Ill.-based NMI says. NMI-connected …
• 27 March

  Nacha’s Top 50 Originators And Receivers Account for 94% of Payments Volume

  

  The big automated clearing house network Nacha says the volume of ACH payments made at originating institutions increased 7.4% from 2023’s report on the top 50 originators and receivers. Nacha released its annual rankings Thursday and says the volume of ACH payments made at originating financial institutions accounted for 93.8% …