Transaction Processing

Everyone has bills to pay, and two payments companies are making moves to make that chore as easy as possible. Repay Holdings Corp. is working with SBT, or Solutions by Text, to enable financial-services providers to offer payment via text messages. Separately, InvoiceCloud Inc. is working with public-sector software specialist …

Companies looking for a faster way to accept payments in fiat currencies but settle in stablecoins may have a new option in an integration announced Wednesday between XDC Tech and Bridge, the stablecoin unit of the payments-technology firm Stripe. Under the arrangement, merchants can accept dollars or other fiat currencies …

PayPal is in play, as rival payments player Stripe has made an offer to buy the 27-year-old company at a reported valuation of more than $53 billion, according to a report early Wednesday by Reuters. The offer, at $60.50 per share, is backed by both Stripe and Advent International, a …

A newly released standard for QR code payments could make it easier for consumers and merchants to use instant payments, says the Accredited Standards Committee X9 Inc. X9 is a nonprofit organization that develops and maintains national and international standards for the financial-services industry. The new standard, officially called X9.150, …

Ever since Shift4 Payments Inc. paid $2.5 billion last year to acquire Global Blue, the processor has looked for ways to leverage the international shopping platform’s strengths in tax-free shopping for international travelers. The latest development emerged early Tuesday with Shift4’s launch of Shift4 One, a move the company says …

Mastercard Inc. is looking to sell a majority interest in its United Kingdom-based Vocalink payments-processing business, according to press reports that emerged early Monday. DeliveryCo, a technology company backed by U.K. banks and payments platforms, is reportedly a potential buyer. A 51% stake in 19-year-old Vocalink could fetch nearly $535 …

E-commerce platform Digistore24 Inc. is adding another payment option, one that allows consumers to pay directly from their bank accounts for purchases made at merchants that use the platform. Dubbed Instant Bank Payments, the service is available for U.S. transactions and is enabled by a Stripe Inc. service, Stripe Link. …

Circle Internet Group Inc. said its plan to establish First National Digital Currency Bank, N.A., has been approved by the Comptroller of the Currency. The bank’s operating name will be Circle National Trust. Circle submitted its banking application June 30 last year and received conditional approval in December. The move …

A blockchain ledger developed by the financial-messaging platform Swift debuted with an announcement early Thursday by the Brussels-based network. Declaring the system “ready for initial use,” Swift said the technology will enable cross-border payments at all times of day or night using tokenized deposits, or digital equivalents of fiat currency. …

Organic Payment Gateways unveiled a dedicated payment-processing platform aimed at serving legal, U.S.-based ketamine clinics. There are an estimated 1,500 to 2,500 ketamine clinics in the U.S. Automobile brand Mazda said it is making the payments and operations platform UpdatePromise available to its dealers. Most recently, UpdatePromise in February began supporting PayPal and Venmo. Visa …