Transaction Processing

Convenience-store chain Kwik Fill, with more than 300 locations in New York, Pennsylvania, and Ohio, will use PAR Technology Corp.’s PAR Retail service for payments, loyalty, and a mobile app. In related news, Transaction Network Services Inc., or TNS, says a new partnership with Unattended Card Payments will boost its …

Financial institutions and networks have for years worked out technologies that detect criminal activity in markets that rely on fiat currency. Now, solutions are emerging to attack fraud that takes place using either traditional or digital money, or both. In the latest development, risk monitor Nasdaq Verafin said it will …

Instant payments platform Pidgin said it is working with Millennium Corporate Credit Union, which provides services to other credit unions, to enable nearly 300 credit unions working with Millennium to use instant payments services, such as FedNow, RTP, and stablecoin access. Bread Financial announced a long-term renewal of its credit card program with …

Payments processor Talus launched ReadyPoint, an offering that allows merchants to accept payments on mobile phones through softPOS tap-to-pay technology from Ingenico. A new report from Visa Inc., called “The Great Indoors: How the ‘Couch Economy’ Is Redefining Consumer Spending Habits,” found that more than 17% of payment cards are used for streaming …

Sole proprietors on the Cash App platform may have a way to accept payments from consumers who also have Cash App accounts. Cash App, a part of Block Inc., says a test of Cash App-funded payments to a sole proprietor with a Cash App account is under way now. It …

As spending enabled by stablecoins picks up momentum, payments players are beginning to see a need to guard against agentic transaction fraud involving cryptocurrency as the medium of exchange. The latest example of this unfolding concern emerged Thursday. Contending that “blockchain analytics was built for a pre-agentic world,” London-based risk-management …

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 …