Transaction Processing

Zoho Corp., an Indian multinational software company, is launching Zoho Payments in the United States. Zoho Payments is an embedded-payments solution that enables businesses to collect one-time and recurring payments from customers, online and within Zoho apps.  Billed by Zoho as an out-of-the box payment solution, Zoho Payments supports the …

The big card networks have worked for several years to exploit the growing business of transactions based on cryptocurrency, and the latest development emerged early Thursday with an announcement that Mastercard Inc. is looking to enable acceptance of stablecoin-backed cards at the more than 150 million merchants worldwide that accept …

SoundHound AI Inc. said of the 94% of U.S. consumers who use voice assistants while driving or have voice assistants available 77% would rather place their orders using an in-car voice assistant rather than wait in a traditional drive-thru lane. The survey, conducted by research firm Big Village, included responses from …

Artificial intelligence engine Perplexity.AI will soon enable PayPal and Venmo payments for products, travel, and tickets that are found via its tool. Announced Wednesday by PayPal Holding Inc., the service will be enabled this summer for U.S. subscribers to Perplexity Pro, which is $20 per month. This is the second …

Cryptocurrency-payments platform BitPay Inc. is betting its HODL payment option will make it easier for investors to spend their digital currency without first having to sell their crypto assets to make a purchase or pay a bill. Launched earlier this week, HODL Pay enables consumers to borrow stablecoins against their …

Affirm Inc. announced deals for its buy now, pay later service to be available at Mattress Firm and at Costco Wholesale. Mattress Firm says it is the largest mattress retailer in the U.S. market, with more than 2,200 locations. India-based Zoho Corp. entered the U.S. market with the launch of Zoho Payments, which supports cards …

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud occurs when a consumer disputes a legitimate credit card transaction, claims he never received the order, or misrepresents personal information …

With consumers and small-business owners long accustomed to mobile phones, Square is counting on that familiarity to make its new Square Handheld device an easier-to-use point-of-sale device. Calling Square Handheld, which is roughly the size of a smart phone though thicker, its most powerful and portable POS device ever, Square …

Toast Inc. launched its Menu Price Monitor, which tracks U.S. restaurant pricing trends. The company claims a client base of more than 140,000 restaurant locations. LegitScript said it is launching a benchmarking program to allow e-commerce clients using its marketplace to measure risk in various categories. Payouts platform Onbe announced it has expanded its …

Paysafe Ltd. and Fiserv Inc. are teaming up to offer merchants using Fiserv’s Clover point-of-sale terminals a digital wallet to receive settlements and access banking services. The wallet, which is intended to speed settlements, allows merchants to accept payments, including credit cards, bank transfers, and alternative options, and use the …