EMS’s Latest Moves and other Digital Transactions News briefs from 5/1/25
Digital Transactions News staff
May 1, 2025
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Real-time Payments
- Electronic Merchant Systems, also known as EMS, said it has invested in Payment Nerds and Pet Payments, both of which have signed distribution agreements with EMS. The extent of the investment was not disclosed.
- Merchant services and check printer Deluxe Corp. reported $536.5 million in first quarter 20245 revenue, up 0.3% from $535 million year-over-year. Deluxe, which launched in the first quarter dlxPAY, an app for merchants, posted $14 million in net income, a 29.6% increase from $10.8 million in the 2024 first quarter.
- Restaurant point-of-sale provider Toast Inc. launched Toast IQ, an intelligence platform for Toast clients and aimed at improving their marketing and operations.
- In a series of announcements involving Visa Inc., tokenization-technology company VGS said it will be a preferred pilot partner of Visa through the Visa Intelligent Commerce program, which the card network introduced Wednesday. Also Bridge, a stablecoin-orchestration platform and part of Stripe Inc., will work with Visa to offer Visa cards linked to stablecoins. And, in yet another stablecoin move, Rain, a card-issuing platform for stablecoins, has joined a Visa program aimed at stablecoin settlement.
- Installment payments provider Affirm Holdings Inc., announced a partnership with UATP, a global travel network owned by a group of airlines, to integrate Affirm’s buy now, pay later option into UATP.
- Payments technology provider Alacriti said Ascend Federal Credit Union will use its services to offer real-time payments from The Clearing House Payments Co. LLC’s RTP network and the Federal Reserve’s FedNow network to its customers.
- FIS Inc. launched its Money Movement Hub, aimed at offering a single facility for financial institutions to link to payments networks and process transactions.
- Food and wellness company Yonder is the first merchant in the PublicSquare Marketplace to adopt PublicSquare’s PSQ Payments platform through PSQ’s integration with Shopify.
- The crypto-payments platform Mesh said an integration with Apple Inc.’s Apple Pay platform will allow Mesh merchants to accept crypto payments through Apple Pay starting later in the second quarter.
- Events.com, a technology provider for conferences, said it has acquired Upped Events, a technology and payments platform for the same industry. Terms were not announced.
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