Transaction Processing

Having launched Mastercard Agent Suite in January, the card brand is expanding the service to make it easier for merchants to create and deploy AI-enabled shopping experiences. It also is launching Mastercard Agent Connect, a service that helps merchants, AI agents, platforms, and payment providers connect and transact via a …

Block Inc.’s Square point-of-sale unit said early Thursday it will support transactions at just under 100 locations belonging to Whit’s Frozen Custard, a 23-year-old restaurant chain based in Granville, Ohio. The move comes as the chain begins planning expansion to more locations. Whit’s, which operates stores in 11 states located …

Checkout.com launched direct acquiring in the United States under its Merchant Acquirer Limited Purpose Bank charter in Georgia. Mastercard Inc. announced Mastercard Wallet Pay, a set of technologies enabling interoperability and encouraging innovation among wallets for contactless and online payments. Some 4.3 billion persons globally now use digital wallets, a number expected …

SpotOn Transact LLC is enlisting Maple Inc., an artificial-intelligence voice-platform firm for restaurants, as an integrated service in its point-of-sale suite. San Francisco-based SpotOn says Maple’s AI platform will deliver a native POS sync for users so phone orders captured by Maple flow directly through the POS system into the …

Six Flags Entertainment Corp. is adding the Flex Pay buy now, pay later payment method from Upgrade Inc. to enable guests to make installment payments for season passes and other products. In related news, Visa Canada renewed its partnership with the Toronto International Film Festival, noting that 2027 will be …

The stablecoin-payments platform Circle Internet Group Inc. said early Tuesday it has agreed to acquire Tazapay, a business-to-business cross-border payments technology developer based in Singapore and serving financial institutions and payment-service providers. Tazapay processes more than $25 billion in payment volume annually, of which approximately 60% includes stablecoins. The parties …

AEON, a settlement platform for online payments, launched Agentic Checkout, which enables AI agents to shop, check out, and pay on e-commerce sites such as Shopify and Amazon. Buy now, pay later and payments specialist Klarna AB said its payment method is an option on StockX, a marketplace for apparel and cultural …

As embedded services take on added importance in payments and banking, financial institutions are adding the products at a faster clip, presenting payments processors with new business opportunities. On Thursday, the processor FIS launched FIS Embedded Banking Platform, which it says is its first embedded-finance platform designed for banks. With …

Motorola launched its moto watch ultra, the latest version in its line of moto watches. The device includes Google Wallet and NFC capability for payments, among other features. MassPay, a platform enabling businesses to send money to 180 countries, launched MassPay Collect, which allows businesses to receive funds in stablecoins. Diameter …