Citi Adds Paze and other Digital Transactions News briefs from 3/17/26
Digital Transactions News staff
March 17, 2026
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale
- Early Warning Services LLC said Citi, a unit of Citigroup Inc., will offer Paze, the Early Warning online checkout service, to its cardholders. They can activate Paze via Citi.com, the Citi mobile app, or on Paze.
- Celero Commerce said it acquired substantially all of the assets of Petroleum Processing Solutions. The acquisition marks a strategic entry into the fuel sector, Celero said, and adds to its 2024 acquisition of Precision Payments, which caters to grocery and convenience store payment processing. Terms of the Petroleum Processing Solutions deal were not disclosed.
- Payments provider Merchant Industry has rebranded as Suede and debuted its Web site at goSuede.com. This follows a 2025 investment from private equity firm Lovell Minnick Partners. Suede also named Azadeh Aghajani, a former BNY Mellon executive, chief financial officer and named Josh Namia, a former executive at MerchantE, as chief of staff. Suede also appointed Tim Hills to lead its inside sales team, joining Jamie Garfield, who joined Suede in 2025 to lead its third-party distribution strategy.
- Fare collection specialist Modeshift said the Decatur (Ill.) Public Transit System launched a new contactless fare collection system called Decatur Transit Pay across its bus network. The technology from Modeshift features a mobile app, smart cards, and a payment wallet.
- PayPal Holdings Inc. said it will make its PayPal USD stablecoin available in 70 international markets, having launched it in the United States in 2023.
- Sokin, a provider of business payments and financial services, said it has launched a stablecoin platform, bringing together traditional treasury offerings with stablecoin accounts and settlement rails.
- Wink, a provider of biometrics-based identity verification, will work with point-of-sale device provider Sunmi and Qualcomm Technologies Inc. to integrate face and palm checkout capability with Sunmi’s payment terminals.
- Klarna AB announced it has surpassed 1 million merchants around the world, having added 285,000 sellers in 2025.
- Commerce platform Shoplazza Corp. said it has adopted agentic-commerce technology throughout its services, relying on AI agents that are enabled to perform a range of tasks within e-commerce transactions.
- Circle Internet Group Inc. appointed Kirk Koenigsbauer to its board of directors. He is president and chief operating officer for Microsoft Corp.’s experiences and devices group.
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