Transaction Processing

Nuvei Corp. is making its next move in Mexico with the launch of direct acquiring. This will enable businesses to process card transactions locally through Nuvei’s own licensed infrastructures, Montreal-based Nuvei says. The move enables Nuvei to operate directly inside domestic payment systems in Mexico, which should help merchants improve …

Block Inc. said it will work with Uber Technologies Inc. to extend Square’s existing Uber Eats integration to worldwide markets and offer Cash App Pay within Uber and Uber Eats in the U.S. market. Paysafe Ltd. launched its PaysafeWallet, which features a debit card as well as a personal payment account supporting …

AI seems to be everywhere these days, and now it’s penetrating the cannabis business as POSaBIT Systems Corp., known for its point-of-sale technology for dispensaries, moves into software for cannabis producers. And, in another point-of-sale development, New York City-based POS tech producer Vibe Retail announced a partnership with the ISO …

TechCreate Group Ltd., a Singapore-based payments-software provider and consultancy, is partnering with quantum cybersecurity-solutions firm pQCee Pte Ltd to incorporate the National Institute of Standards and Technology post-quantum cryptography algorithms in its QR Hybrid point-of-sale terminals. A QR hybrid POS device adds QR code scanning for digital wallets, mobile apps, …

The climb in same-day automated clearing house volume continues as 403 million of these payments were made in 2026’s first quarter, a 23.6% increase from the same quarter a year ago. Started in 2016 for credit payments only, same-day ACH volume has steadily grown, especially with the 2017 addition of …

Processor Repay Holdings Corp. said it has received an unsolicited, non-binding offer from Forager Capital Management LLC to buy Repay’s outstanding equity for $4.80 per share in cash. The share price stood at $4.11 at market close on Friday. The company said it will review the offer. The processor Nayax Ltd. said it will …

Opponents of Illinois’s controversial Interchange Fee Prohibition Act have ratcheted up the pressure to preempt the law at the federal level or overturn it at the state level. The latest effort comes after a federal judge earlier this year upheld the law’s key provision, which exempts Illinois merchants from paying …

The cryptocurrency exchange Bybit announced its Mastercard-branded Bybit Card has reached 3 million users a little more than three years after its introduction. The card enables users to spend both fiat and digital currencies. The Cost of Bills Index from bill-payment platform doxo indicates a wide gulf between the most and least expensive states, …