Transaction Processing

The I-485 express lanes in North Carolina are the first U.S. highway to adopt connected tolling, allowing in-vehicle devices to collect tolling information and make payments, according to system provider Indra Sistemas S.A. Consulting firm Infosys Ltd. said it is working with Mastercard Inc. to offer what the parties say is enhanced access …

Payments-orchestration platform Run Payments has launched Run Merchant, an application that consolidates a merchant’s payment infrastructure into a single portal, making it easier to access payment data across multiple gateways and processors. Run Merchant supports payment acceptance via virtual terminals, hosted payment pages, and application-programming interfaces. Additional features include a …

Shares in PayPal Holdings Inc. traded down toward the end of the day Wednesday following a report from Reuters that some banks in Europe were experiencing unauthorized direct debits from PayPal accounts, according to the BBC. PayPal told Reuters some banking partners had been affected by “a temporary service interruption” and the …

Dutchie, a payments platform provider for more than 6,500 cannabis retailers in the United States and Canada, announced Wednesday the launch of two new enhancements to its platform, E-commerce Pro and the Certified Partner Program. E-commerce Pro is an omni-channel shopping application that embeds payments, loyalty, and marketing capabilities across cannabis retailers’ …

Finastra, a London-based developer of payments software for banks, said Wednesday it will work with Circle Internet Group Inc. to let banks include stablecoin settlement in their cross-border payments processing. In related news, the cross-border payments technology provider Tazapay announced it has closed on a Series B round with funding …

Casino-payments specialist Sightline Payments early Tuesday announced the launch of Sightline Debit, a demand-deposit account and debit card service for gamers to hold funds in a bank account and place wagers using a Visa-branded debit card. Developed in collaboration with Cross River Bank, which will hold the accounts, Sightline Debit …

VersaBank USA started a pilot for its USDVBs, tokenized versions of actual cash deposits at the bank. The move follows a similar pilot by the bank in Canada. VersaBank says it will seek a non-objection statement from the Office of the Comptroller of the Currency before launching the product commercially. Thread …

Authvia, a provider of text-to-pay and conversational-commerce technology for independent software vendors, independent sales organizations, banks, and merchants, has integrated Visa Direct into its TXT2PAY platform. The integration allows merchants and businesses to initiate outbound disbursements, as well as receive inbound payments, in real time. As a result, merchants will …

Buy now, pay later services might be mostly associated with e-commerce, but BNPL providers are steadily moving acceptance into stores. The latest is Klarna AB with Monday’s announcement it is now an in-store payment method at more than 400 Walmart Inc. locations across Canada. Sweden-based Klarna says Walmart is its …

American Express Co. and the National Trust for Historic Preservation announced 50 restaurants will each get a $50,000 grant plus one year of free service from Resy, an AmEx company. The grants are part of the Backing Historic Small Restaurants program. Payments provider TouchSuite said it acquired a majority ownership in STG, a …