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- Mastercard Inc. and PayPal Holdings Inc. said they will work together to develop new features to the recently introduced Mastercard One Credential, a digital payment service that supports multiple payment methods that launched in February.
- In related news, PayPal said it is adding new capabilities to its Venmo social payments platform, including limited time cash back with the Venmo debit card and adding more Venmo accepting merchants.
- Worldpay said it will enable Paze, the digital checkout service from Early Warning Services LLC. U.S. merchants using Worldpay hosted payment pages will see a Paze checkout option and other e-commerce merchants will be able to activate it with a limited integration, Worldpay says. Backed by some of the nation’s largest banks, Paze is an expedited checkout service that includes addresses and cardholder information on approximately 150 million credit and debit cards.
- Real-time payments network Thunes Ltd. said it has secured money transmission licenses in all 50 states, enabling it to launch its Pay and Accept suite of services to U.S. corporations, merchants, and digital platforms.
- PopID, a gateway for verifying individuals’ identities based on their faces, closed its equity financing round with investments from Verifone, PayPal, Commerce Ventures, Chipotle’s Cultivate Next venture fund, and Visa Ventures. The funding total was not disclosed. In February, PopID said Verifone would enable PopID technology on its point-of-sale devices.
- Consumer technology company Glance, which is backed by Google, launched Glance AI, a commerce platform that is available to Samsung mobile device users in the United States. Available in an app and on the lockscreen, Glance AI is an opt-in service that trains itself on a single selfie or image stored on the phone to generate realistic images of consumers in outfits. The recommendations and fulfilment are supplied by more than 400 brands and retailers working with Glance AI.
- Processor Global Payments Inc. said in conjunction with Sage, an accounting and business services software provider, it launched Vendor Payments powered by MineralTree, a way for finance professionals to pay vendor bills without leaving the Sage interface.
- Frisbii, a Germany-based recurring revenue management platform, said it is working with Shift4 Payments Inc. to expand in Europe, especially in Germany, France, and the Nordic countries.
- Point-of-sale equipment specialist Nayax Ltd. said it will provide payment services to Lynkwell, an energy infrastructure company that provides a public charging network for electric vehicles.
- Javelin Strategy & Research released its “Here Come the AI Agents-Agentic Commerce: The Javelin 360 View” report.
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