Digital Transactions Authoritative, insightful and timely information for payments professionals
[Aug. 8] Separate efforts by Par Technology Corp. and SoundHound AI Inc. to boost their wins, especially among restaurant clients, appear to be paying off, if their latest earnings are indicators. ParTech, based in New Hartford, N.Y., is coming off its $132-million acquisition in January of Delaget LLC, a platform …
December, 2025
-
29 December
Back to the Drawing Board on Debit Rates: Sorting Out Winners and Losers
[Aug. 8] With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while Capital One Financial Corp. emerges as the big winner. U.S. District Court for the District of North Dakota …
-
29 December
So Long MetroCard, It’s Time for OMNY and other Digital Transactions News briefs from 12/29/25
Dec. 31 will be the last day on which mass transit users can buy or refill a MetroCard for use on New York City’s subway system, as the card is being replaced by OMNY, a system that allows riders to tap a card or mobile device to pay a fare. MetroCard was introduced …
-
26 December
Yeeld’s Online Surcharging Program Debuts
[Aug. 13] Six months after issuing an API code to enable surcharging for online transactions, Chicago-based Yeeld released YeeldPay, its surcharging program for merchants. Yeeld says YeeldPay is a no-code payment page that provides merchants across the United States with a compliant surcharging program that, because it uses the Yeeld Surcharging …
-
26 December
J.P. Morgan Payments Opts for Proprietary POS Terminals
[Jan. 13] J.P. Morgan Payments, the payments arm of banking giant JPMorgan Chase & Co., is blazing its own path with two new payment terminals, both proprietary to the payment service. Announced Monday, the J.P. Morgan Paypad and Pinpad integrate in-store biometric authentication with payment acceptance. The point-of-sale devices are …
-
26 December
Mixue Picks MenuSifu and other Digital Transactions News briefs from 12/26/25
MenuSifu Inc., a payments-technology provider specializing in Asian restaurants in the U.S. market, announced it is serving China-based Mixue as the restaurant chain begins to establish itself in the U.S. Mixue has become the world’s largest beverage chain by number of locations, with 47,000 outlets, according to MenuSifu’s announcement. Cryptocurrency …
-
24 December
The North Year That Was
The definitive 2025 recap of everything payments. As December fades to January, it’s time to look back at the past year’s big events. A lot happened. Kendrick kicked it at the Superbowl, Katy Perry got shot into space, skinny jeans brought back a Y2K fit, and a scrappy little bot …
-
24 December
China’s UnionPay Looks to Serve—and Attract—International Visitors
In an effort to appeal to travelers from abroad, China’s dominant UnionPay payments card network announced early Wednesday a new platform designed to simplify everyday transactions for international visitors. Dubbed Nihao China, the new app offers a range of capabilities, including cross-border and person-to-person payments, according to 23-year-old UnionPay, which …
-
24 December
COMMENTARY: BNPL’s Real Bottleneck Isn’t Scoring. It’s Architecture
FICO’s latest scoring models now factor in buy now, pay later repayment data, a milestone many hoped would bring these plans into the mainstream credit system, giving lenders more visibility into consumers’ total debt and payment behavior. However, despite billions flowing through installment-payment platforms, lenders still can’t see the full credit picture. …
-
24 December
Canadian Holiday Spending up 4.4% and other Digital Transactions News briefs from 12/24/25
Holiday spending in Canada over the seven-week period starting Nov. 1 rose 4.4% compared to the same period last year, according to a report from Visa Consulting & Analytics. Some 88% of the spending occurred in-store, with the remainder spent online. Payments provider Klarna AB said U.S. spending on its platform on entertainment, …
