PayPal Holdings Inc. early Monday launched Pay with Crypto, a cross-border payment option that instantly converts cryptocurrencies to stablecoins or fiat currencies. The new payment option provides merchants and consumers a unified platform that connects fiat and digital payments and supports more than 100 cryptocurrencies and crypto wallets, such as …
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Card91, a payments-software platform based in India, announced merchant onboarding and verification technology based on artificial intelligence and aimed at banks and payment aggregators. FreedomPay’s gateway will support e-commerce and in-store payments for restaurants as part of an agreement with Deliverect, a provider of commerce technology for fast-food chains, including Taco …
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Payment processor Fiserv Inc. faces a lawsuit over allegations it misled investors over how it handled migrating merchants to Clover from its now retired Payeezy payment gateway, according to Labaton Keller Sucharow LLP, the New York City-based law firm representing the plaintiff, the City of Hollywood Police Officers’ Retirement System …
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Embedded lending is rewriting the rules of how payments work, eliminating the need for separate credit approvals and enabling built-in financing directly into digital wallets and checkout processes. In the past year, 45% of Gen Z and Millennials used BNPL services, and these numbers are expected to rise. The global …
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Corporate card issuer Corpay announced it is selling off a fuel-card portfolio in a deal it says will bring in $60 million and free up $35 million in working capital, funds the company says will aid its $2.2 billion acquisition of Alpha Group International plc., a United Kingdom-based banking company. Pumpkin Insurance …
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Samsung Electronics America is partnering with Splitit USA Inc. to offer installment payments to Samsung wallet users. The new feature will enable Samsung wallet users to make in-store purchases using an existing Visa or Mastercard card in their wallet and pay for the purchase over time. Samsung wallet users will …
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With merchants growing more heated in their opposition to card-acceptance costs, processors are looking for strategies that could help sellers gain from improvements in card authorizations. An example emerged early Thursday with news from the big Canadian processor Nuvei Corp. that it has introduced a pair of technologies it says …
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PayPal Holdings Inc. early Wednesday launched PayPal World, a series of partnerships that will connect digital wallets outside the United States to its platform and enable interoperability with PayPal and Venmo wallets at the point of sale. PayPal World, which will go live this fall, will enable users to pay …
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Fiserv Inc. early Wednesday reported $10.65 billion in revenue for the first half of 2025, representing a 7% increase from the first six months of 2024, but it was a revised projection for revenue growth for the whole year that drew the attention of equity analysts on a group call …
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PayPal Holdings Inc. announced early Tuesday the launch of an AI-powered fraud-detection system that provides PayPal and Venmo users real-time alerts before a payment is made. The new feature, available to PayPal and Venmo users globally, is intended to protect users from sending payments that are not eligible for refunds, …
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