Transaction Processing

Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act. The decision, which comes after more than a year of legal wrangling, means the IFPA will go into effect July 1, …

Zelle, the peer-to-peer payment service from Early Warning Services LLC, says U.S. consumers sent more than $1.2 trillion in payments using the service in 2025, a 20% increase from 2024. Zelle first surpassed $1 trillion in 2024. That comes on 4.2 billion transactions, a 16% increase from 3.6 billion transactions …

Adyen NV announced Personalize, a tool that lets businesses modify checkout pages in real time in response to shopper preferences. The new service is related to Adyen Uplift, a routing capability launched last year and aimed at increasing conversion rates. Lut, a cannabis-payments specialist, said it will work with Frankenmuth Credit …

Toast Inc. announced early Tuesday it is partnering with online grocery-delivery and-pickup service Instacart to connect restaurants to the Instacart Marketplace, an aggregator of food and beverage suppliers. The move will enable food-and-beverage retailers on the Toast platform to align their product catalog with in-store stock and provide restaurants with …

Fiserv’s chief executive early Tuesday told Wall Street not to look for immediate improvement following a sub-par year in 2025. “Our headline results are below our expectations and will remain that way until mid-year,” chief executive Michael Lyons told equity analysts at the top of a group call with equity …

Artificial intelligence has long been a part of payments, known early on as machine learning, but now it’s shifting from a predictive function to agentic AI, where systems act, not just advise, said Joseph Arthur, managing partner at RPY Innovations, a payments consultancy. Speaking on a panel at the Northeast …

The ride-sharing service Uber will expand its use of payments services from Adyen NV to cover more geographies and will make use of Adyen’s Checkout API product for a wider choice of payment methods, the companies announced. Honor Capital said it is working with ePayPolicy to offer financing when insured customers are making premium …

The Mexico-based payments company Clip announced the launch of its latest point-of-sale terminal, the Clip Total 3. And technology provider SeoSamba launched Point-of-Sale, an app that incorporates programming from Stripe Inc. and enables iOS and Android tap-to-pay transactions on smart phones or tablets with wireless links to printers and card …

Embedded payments have moved decisively beyond their early role as a bolt-on feature for software platforms and are now foundational to how merchants operate, according to panelists who spoke Thursday at the Northeast Acquirers Association conference in Boston. Once viewed as optional, embedded payments are increasingly expected to function as …