Point-of-sale

March, 2025

• 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% …
• 27 March

  Wirex Travel Debuts and other Digital Transactions News briefs from 3/27/25

  

  The payments platform Wirex Ltd. has launched Wirex Travel, a travel-booking utility offering discounts and cashback to users paying with a Wirex card. Nayax Ltd. has agreed to embed its payments technology within products from N-and Group, starting with the latter’s automated self-service commerce machines. Payments provider Priority Technology Holdings Inc. has launched Ambient, a …
• 26 March

  NMI Taps Arcum’s AI To Help With Merchant Retention

  

  Payments provider NMI is counting on the addition of an artificial intelligence tool from Arcum to mitigate merchant retention. Announced Tuesday, the partnership integrates Arcum’s AI services with NMI’s Merchant Relationship Management platform, formerly known as IRIS CRM, to enable Schaumburg, Ill.-based NMI to get advance notice of possible attrition …
• 25 March

  J.P. Morgan Payments Expands Its Reach Via Deals With Walmart And Affirm

  

  The big payments provider J.P. Morgan Payments expanded its reach into different sectors this week through deals with leading retailer Walmart Inc.’s Walmart Marketplace and buy now, pay later specialist Affirm Inc. At the Shoptalk conference in Las Vegas, the payments unit of J.P. Morgan Chase & Co., the biggest …
• 25 March

  Blockchain Token First Noted and other Digital Transactions News briefs from 3/25/25

  

  Two U.S. banks, Custodia Bank and Vantage Bank, executed what they say is the country’s first tokenization via blockchain of U.S. dollar demand deposits held at a bank, with the resulting transfer and redemption of stablecoins for a customer. The banks say the test carried low transaction costs and fast settlement. …
• 24 March

  Lightspeed Warns of Softer Revenue Growth Amid Weakening Economic Conditions

  

  In what could be an ill omen for other payments processors that softer transaction growth lies ahead, Lightspeed Commerce Inc., provider of an e-commerce platform and payment services for small and mid-sized businesses, on Monday revised its outlook for fiscal 2025 to include year-over-year revenue growth of approximately 18%, down …
• 24 March

  Eye on Restaurants: Tech Consolidation’s Importance Grows; Meal Ticket’s New Network

  

  As point-of-sale systems, marketing platforms, and inventory management all find their way to small and large restaurants, there’s a growing need for operators to simplify their technology, finds a new report from Qu Inc., a restaurant platform. As part of its “2025 State of Digital Report,” Arlington, Va.-based Qu found …
• 21 March

  Galileo Is Tops Among Digital Debit Issuers, Javelin Says

  

  Galileo Financial Technologies LLC’s Digital First product ranks first among digital debit card issuers in Javelin Strategy & Research’s inaugural Digital Issuance Provider Scorecard. Sandy, Utah-based Galileo earned top billing for its flexibility, security, and scalability. Javelin ranked eight digital-issuance vendors’ products, using 25 criteria across features and functionality, technology, …
• 21 March

  How the Trump Administration Is Stoking Interest in Crypto

  

  Merchant interest in accepting cryptocurrencies continues to expand, with headline progress stemming from high-end luxury-goods segments. The latest example comes from ECD Auto Design, a Kissimmee, Fla.-based dealer in restored luxury cars. The company on Thursday announced it is accepting crypto for vehicle purchases. ECD’s move comes as digital currencies …
• 21 March

  AES Partners with Genwin and other Digital Transactions News briefs from 3/21/25

  

  Advanced Executive Sales LLC, a point-of-sale and e-commerce payments platform, and its affiliate Neon Bloom Inc. said they will work with software developer Genwin LLC to boost transaction revenue and reduce dependence on third-party software. Nadcab Labs, an India-based wallet developer, introduced new services aimed at allowing users to manage …