Digital Transactions Authoritative, insightful and timely information for payments professionals
PNC Bank early Wednesday announced the launch of PNC Mobile Accept, a card-acceptance solution for micro-merchants. The app allows very small merchants to accept card payments using their mobile phones or tablet computers without a requirement for external hardware and without paying monthly subscription fees, the bank says. The app …
June, 2025
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11 June
Circle Allies With Matera to Push Stablecoins Into Routine Usage
Circle Internet Group Inc. is working with Matera Inc., a developer of banking technology, in a move aimed at speeding adoption of stablecoins by individuals and companies, the two firms announced early Wednesday. In the collaboration, Matera will integrate its Digital Twin real-time ledger with Circle’s platform to support routine …
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11 June
BofA’s RTP Values Take Off and other Digital Transactions News briefs from 6/11/25
In the first six weeks after The Clearing House Payments Co. LLC on Feb. 9 raised its real-time payments transaction limit from $1 million to $10 million, transactions of more than $1 million accounted for more than half the value of all real-time payments processed at Bank of America Corp., one of …
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10 June
Friction Hobbles Toll Payments, a Study Finds, While PayRange Brings Cashless Payments to More Laundromats
Friction when attempting to pay a past-due road toll online is the leading reason consumers don’t pay overdue tolls, not an unwillingness to pay, says a report from PayNearMe Inc. Among the key findings in the report from the Santa Clara, Calif-based fintech is that 39% of drivers reported difficulty …
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10 June
Eye on Point of Sale: PAR Engagement Debuts; Global’s Genius for Retail Released
Competition at the point of sale is just as tough behind the counter as in front. Two payments companies separately are launching new products they hope will give them an edge. PAR Technology Corp. released PAR Engagement, a portfolio of products meant to help enterprise restaurants win over more customers, …
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10 June
Embedded lending as a growth strategy for ISVs – how to maximize revenue potential
Steven Velasquez, Head and Senior Vice President of Partner Business Development – U.S. Bank | Elavon As consumer expectations for seamless buying experiences continue to rise, independent software vendors (ISVs) that embed payments into their platforms position themselves to capture greater market share in a growing and increasingly competitive software …
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10 June
Sezzle Sues Shopify Over Antitrust Allegations and other Digital Transactions News briefs from 6/10/25
Buy now, pay later platform Sezzle Inc. has sued Shopify Inc., alleging federal and state antitrust violations related to actions Sezzle says “stifle competition for [BNPL] service options on Shopify’s e-commerce platform.” The action was filed in the U.S. District Court for the District of Minnesota. The Shopify platform will adopt a feature from …
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9 June
North Developer Is Your Destination for Real Payments Power
There is expanding opportunity for ISVs working in the payments space. The demand for new payment options has driven explosive growth in API-first approaches to processing. This is a field dominated by new thinking, and it’s where ISV and developer opportunities live. But ideas are not enough. Having the right …
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9 June
Synchrony And OnePay Team Up for a Walmart Credit Card Program
OnePay, a New York City-based fintech, is partnering with Synchrony Financial to launch a credit card program for Walmart Inc. The program, which will debut in the fall, will offer a general-purpose Mastercard credit card and a private-label Walmart card. Walmart expects the deal to provide a better customer experience when …
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9 June
Cross River Bank Adds Request for Payment on RTP
Plaid Inc., the open-banking technology provider, will be the first Cross River Bank client to enable a much-desired request-for-payment function for real-time payments, Cross River announced Monday. As part of The Clearing House Payments Co. LLC’s RTP network, request for payment allows businesses to send a secure request for payment, …
