Transaction Processing

PayPal Holdings Inc. and Google Inc. have partnered to leverage their artificial intelligence capabilities in an effort to create what they see as more personalized shopping and payment experiences across their platforms and devices for consumers and merchants.  The deal, announced late Wednesday, will bring together the two companies’ “global …

MoneyGram International Inc. on Wednesday unveiled a mobile app featuring a U.S. dollar-backed stored-value account that will work with stablecoins as well as fiat currencies. The move, which comes as interest in stablecoins heats up in the mainstream payments market, represents a sweeping update of the remittance company’s mobile technology and …

Acquirer Payroc is teaming with point-of-sale technology maker PAX Technology Inc. to make it easier for independent software vendors to use services from each company. And, PAR Technology Corp. launches PAR Games, a tool to drive loyalty and personalized interactions for merchants. PAX says the new collaboration with Payroc, called …

Payments processor Adyen NV said it is working with the luxury-goods retailer LVMH to unify the company’s payments systems across all of its brands. LVMH operates more than 1,000 stores globally. Payments processor Thredd announced it will support an expansion into the United States and Latin America by Reap, a provider of cards backed …

Google Inc. early Tuesday launched its Agent Payments Protocol, an open protocol to authenticate consumers who are initiating a payment using an AI agent when shopping online. Developed with 60 payments and technology companies, including Adyen NV, MasterCard Inc., and PayPal Holdings Inc., the protocol is intended to remove a …

Zelle, the peer-to-peer payment service, appears on track for a banner year with a record 2 billion transactions processed in the first six months of 2025, a 19% increase from the 2024 first half. The dollar amount of these transactions increased more, reaching nearly $600 billion, up 23% from $481 …

Buy now, pay later specialist Affirm Inc. announced it is offering its services through Apple Inc.’s Apple Pay mobile-payments app for in-store transactions. Apple enabled Affirm for online transactions in 2024. In related news, the payments platform Klarna AB said it too is now available on Apple Pay for in-store purchases, in this case in the …

American Express Co. said it has launched a travel app that combines travel-planning and booking capabilities.  Developed in response to cardholders it says are looking for an app that provides travel insights, premium offers, and high-value benefits, the app guides cardholders in planning their getaway through what AmEx calls “curated …

Peer-to-peer payments competition has increased with the debut of PayPal links, a new way for PayPal users to send funds to others. PayPal links enable users to create a personalized link to share that contains the amount and a short description. PayPal says they can be shared in any conversation, …

Block Inc.’s Square point-of-sale unit launched a national marketing campaign featuring what the company calls a “refreshed brand identity” and a focus on local small businesses. Payments-technology provider Kuvasz Solutions and comforte, a provider of payments-data protection, said they are expanding their partnership to North America from their base in Latin America. Paysign …