Digital Transactions Authoritative, insightful and timely information for payments professionals
Klarna AB has unveiled Klarna Card, a debit card offering the choice to pay immediately or later. The product incorporates the Visa Flexible Credential technology from Visa Inc. In other Visa news, the card network appointed Andrew Torre president of value-added services, replacing Antony Cahill, who has been appointed regional president and …
June, 2025
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2 June
Illinois Delays Implementation of Its First in the Nation Interchange Law
Illinois lawmakers extended the implementation date for the Interchange Fee Prohibition Act by 12 months early Sunday to July 1, 2026. Groups opposing the IFPA, the first law of its kind passed by any state, argued the law would cause “widespread economic disruption” and that it would place an undue …
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2 June
Isaacman Grounded from NASA and other Digital Transactions News briefs from 6/2/25
Over the weekend, President Donald Trump withdrew the nomination of Jared Isaacman, Shift4 Payments Inc. founder and chief executive, as the nominee to lead NASA, the Associated Press reported. In a statement on Truth Social, Trump wrote, “After a thorough review of prior associations I am hereby withdrawing the nomination of Jared …
May, 2025
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30 May
Mastercard’s Small Business Navigator Aims to Level up Small Businesses
Filled with ideas and enthusiasm, U.S. small businesses have the drive to grow their businesses, but a low availability of tools and resources may hamper some of that ambition. Mastercard Inc. says its new Small Business Navigator can help with that. The program offers education, insights, protection, and planning tools, …
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30 May
Flexa Teams with Nexus Wallet and other Digital Transactions News briefs from 5/30/25
Flexa, a payments platform based on digital assets, said it is working with wallet provider Nexus Wallet to simplify payments via the cryptocurrency Litecoin. The partnership is active at 41,000 retail locations in North America, the parties say. Stablecoin-based payments platform Stable Sea launched Stable Sea Terminal, said to be capable of …
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29 May
NMI Adds Tap to Pay for iPhone
Payment processor Network Merchants LLC, or NMI, on Thursday announced it is enabling tap to pay for iPhone. The move will enable merchants to accept contactless credit and debit cards, as well as Apple Pay and other digital wallets, through an iPhone and a supporting iOS app. iOS is Apple’s mobile …
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29 May
Bluevine Launches Payment Links and other Digital Transactions News briefs from 5/29/25
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, …
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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 …
