Digital Transactions Authoritative, insightful and timely information for payments professionals
With the Senate Banking Committee scheduled to take a vote Thursday on whether crucial stablecoin legislation should advance to the full Senate floor, the time for debating the bill’s pros and cons is drawing to a close. The 309-page Digital Asset Market Clarity Act, which would set rules for digital …
May, 2026
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13 May
Eye on POS: Global Infuses Genius Handheld with AI; Pax To Debut Self-Service Smart Kiosk
Global Payments Inc. intends for artificial-intelligence capabilities to make its Genius handheld point-of-sale device easier for users while it also launches self-service kiosks. But it’s not the only payment-device provider eyeing that market. PAX Technology Inc. will showcase its self-service Smart Kiosk this week, too, at the National Restaurant Show …
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13 May
Digital Wallets Bolster Paysafe’s First-Quarter Results
The processor Paysafe Ltd. early Wednesday reported it processed $43.9 billion in volume in the March quarter, a 10% improvement over the same period last year, with 19% growth in the company’s digital-wallet segment outpacing the much larger merchant-solutions unit, which posted an 8% jump, to $37.2 billion. Paysafe has …
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13 May
Card Balances up and other Digital Transactions News briefs from 5/13/26
Some 53% of U.S. consumers carry a balance on their credit cards in response to rising costs, while 25% carry a balance for six months or more, says a survey from personal-finance platform Achieve. The research, conducted in March by the Achieve Center for Consumer Insights, queried 2,000 consumers. Xero, a …
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12 May
Fed Payments Diary: Cash Use Dips, But Remains Resilient
Credit and debit card use is up, but cash remains in 76% of consumer wallets, finds the 2026 Diary of Consumer Payment Choice, released by Federal Reserve Financial Services. Now in its 10th year, the report found that, on average, a consumer made six monthly cash payments in 2025, down …
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12 May
How Toast And Fiserv Are Widening Their Reach in Restaurants
Competition for payments processing in the $1 trillion plus U.S. restaurant industry, already hot, reached a higher temperature Tuesday with announcements from Toast Inc. and processing giant Fiserv Inc. Toast, a 15-year-old specialist in restaurant point of sale, said it is expanding its reach in the complex pizza business with …
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12 May
Visa Tap ID Tech Debuts and other Digital Transactions News briefs from 5/12/26
Visa Inc. said it made the first-ever use of its Tap to Confirm and Tap to Activate technology for issuing banks in collaboration with fintech Keyno and Fidelity Bank (Bahamas) Ltd. Visa said instead of using one-time passcodes, call center verification, or other processes, cardholders can confirm their identity or activate …
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11 May
Global Payments Lands 2,400 Carl’s Jr. and Hardee’s Locations
This order probably won’t fit in the drive-thru. Processor Global Payments Inc. says it will provide more than 2,400 corporate and franchised locations of Carl’s Jr. and Hardee’s restaurants with its Genius point-of-sale technology. Announced Monday, the deal makes Global’s Genius POS systems the exclusive payment-acceptance devices in these restaurants. …
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11 May
Growth Accelerates for Circle’s Venture in AI and Stablecoins
Circle Internet Financial announced earlier this year its moves in agentic commerce, and now the stablecoin giant says its combined venture in both AI and digital assets is gaining altitude fast. “We believe we are going through the biggest platform shift in the history of the Internet,” said Jeremy Allaire, …
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11 May
Square for Drive-Thru Debuts and other Digital Transactions News briefs from 5/11/26
Block Inc.’s Square point-of-sale unit introduced Square for Drive-Thru, developed in partnership with The Howard Company and Nanonation, the system combines order capture, kitchen operations, and customer handoff, according to Square. PayPal Holdings Inc. formed a new multiyear partnership with the National Football League’s Seattle Seahawks as a sponsor and exclusive digital ticket …
