Digital Transactions Authoritative, insightful and timely information for payments professionals
Electronic Merchant Systems LLC said it acquired Peel Payments, marking a significant expansion into the petroleum and convenience store segment. Peel also brings familiarity with Fiserv Inc.’s platform, says Afshin Yazdian, EMS chairman and chief executive, “which aligns perfectly as we prepare to launch on that platform and integrate with Clover. …
April, 2025
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16 April
Better Defenses Make It Harder to Perpetrate Fraud, a Report Finds
Ransomware demands and payments declined in 2024, thanks to a combination of better law enforcement and defenses by companies, according to BakerHostetler’s annual Data Security Incident Response Report. The average ransomware payment totaled $501,338 in 2024, excluding the largest payment, a 33% decline from the previous year. The amount of …
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16 April
Fiserv Teams With Klarna to Offer Installments Through Clover Devices
In a dual announcement, Fiserv Inc. and Klarna AB said late Tuesday they plan to collaborate on offering Klarna’s installment-credit service through Fiserv’s popular Clover point-of-sale devices, starting with more than 100,000 U.S. merchant locations. An expansion of the rollout to more merchants is planned for early next year, the …
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16 April
CPI’s Digital Wallet Push and other Digital Transactions News briefs from 4/16/25
CPI Card Group Inc. added Web push provisioning to give card issuers the capability to more easily issue credit and debit cards directly to a consumer’s digital wallet. Gateway Funnel Pros, a developer of payment-gateway technology, said it has launched processing services for marketing agencies facing restrictions or denials from other …
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15 April
Restaurant POS Providers Roll Out Spring Enhancements
Providers of restaurant point-of-sale and management technology continue to enhance their offerings as restaurants remain one of the hottest markets in digital payments. Par Technology Corp. announced its POS Spring Release early Tuesday, aimed at helping restaurants improve customer convenience and streamline operating costs. Key features include support for contactless …
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15 April
Business Email Compromise Remains the No. 1 Fraud Attempt Avenue
An email from a work colleague requesting a funds transfer may seem routine, but quite often it could lead to serious fraud if completed. That type of fraud—business email compromise—is the top avenue for attempted and actual payments fraud, according to the 2025 AFP Payments Fraud and Control Survey. Released …
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15 April
PayPal Working with TerraPay and other Digital Transactions News briefs from 4/15/25
PayPal Holdings Inc. said it will work with TerraPay to let PayPal users make real-time money transfers throughout the Middle East and Africa. Cantaloupe Inc., a payments provider for self-service markets and vending, launched Go Micro, a compact kiosk for micro markets that features an integrated barcode scanner and 5-inch touchscreen. …
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14 April
Toast Adds Applebee’s to Its Growing List of Restaurant Chains
Toast Inc. has signed an agreement with the restaurant-chain operator Dine Brands Global to install its point-of-sale and restaurant-management technology in 1,500 Applebee’s locations nationwide. In addition to Applebee’s Dine Brands operates such restaurant chains as IHOP, Neighborhood Grill + Bar, and Fuzzy’s Taco Shop. Applebee’s will install Toast’s POS terminals, …
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14 April
U.S. Bank Tethers Payment Acceptance to a New Business Banking Account
U.S. Bank is stepping up its efforts to entice merchants to use its business checking account with the ability to accept credit and debit card payments. Announced Monday, the U.S. Bank Business Essentials account enables merchants to accept card payments and be eligible for free same-day access to their funds …
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14 April
JPMorgan Expands Kinexys and other Digital Transactions News briefs from 4/14/25
JPMorgan Chase & Co. has added support for pound-denominated accounts to its Kinexys Digital Payments system, which processes blockchain transactions for commercial accounts, Bloomberg reported. Up to now, accounts have been denominated mostly in dollars. Kinexys was launched in 2019 as JPM Coin. Theya Inc., a Bitcoin self-custody platform, launched Theya for Business, …