Real-time Payments

July, 2025

• 22 July

  Eye on POS: GrabScanGo’s Easy Self-Checkout; Uncle Sharkii Picks Square; Verifone Enables Brazil’s Pix Acceptance in U.S.

  

  It’s a busy time in the point-of-sale arena as three vendors—GrabScanGo, Square, and Verifone—note new products, customers, and features. GrabScanGo, the product name for GSG AveriGo LLC, says it has made its self-checkout platform a plug-and-play installation. Cerritos, Calif.-based GrabScanGo says the self-checkout platform, already in use in hotel brands such …
• 21 July

  Clover PracticePay Debuts and other Digital Transactions News briefs from 7/21/25

  

  Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch. Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded …
• 18 July

  Congress Passes The GENIUS Act Without a CCCA Amendment

  

  The House of Representatives on Thursday passed the GENIUS Act, a bill aimed at regulating stablecoins, giving the nascent digital currency a boost as a mainstream payment option. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act is intended to provide a legal structure for stablecoins and enhance …
• 11 July

  Helcim’s Latest Smart POS Terminal and other Digital Transactions News briefs from 7/11/25

  

  The point-of-sale provider Helcim Inc. launched Smart Terminal, a handheld POS device aimed at smaller merchants. Under a new agreement, acquirer Sona said it will offer merchant services to businesses that are members of Vancity, said to be one of Canada’s largest credit unions. Sona was acquired last year by Celero Commerce. The law …
• 9 July

  QR Codes Make a Splash in the Real Time Payments Pool

  

  QR code payments have taken a big step towards becoming not only a mainstream payment option but also one that can accelerate the adoption of real-time payments. Late last week, the technology was used to facilitate a transaction over the FedNow network using the X9 standard. The demonstration transferred funds in …
• 3 July

  Payments Companies Act As Congress Mulls Stablecoin Legislation

  

  Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …
• 1 July

  Crypto Giant Circle Bids for a Bank

  

  In a move that could weave cryptocurrency more deeply into the fabric of the U.S. payments industry, Circle Internet Group Inc. announced late Monday it has applied to the Office of the Comptroller of the Currency to form a national trust bank. The application, which seeks to establish what Circle …
• 1 July

  EverC’s Merchant Onboarding Tool and other Digital Transactions News briefs from 7/1/25

  

  Risk management company EverC launched its Instant Onboarding service to help payment providers speed up and better manage the merchant onboarding process. Black Dragon Capital said it will work with Velera, a payments-based credit union service organization, in an effort to start and grow fintechs that can help credit unions. Tyfone Inc., …

June, 2025

• 26 June

  As Colleges Pay Athletes, PayPal Looks to a Big Role in the Big 10 and Big 12

  

  PayPal Holdings Inc. will process payments from universities to student athletes under multi-year deals the payments company announced early Thursday. PayPal’s agreements with the Big 10 and Big 12 college conferences follows a court ruling June 6 that permits colleges and universities to include student athletes in a revenue share. …
• 24 June

  In the Wake of Fiserv’s New Stablecoin, Mastercard Trumpets Its Digital Initiatives

  

  Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …