Digital Transactions Authoritative, insightful and timely information for payments professionals
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 …
May, 2026
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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 …
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8 May
Eye on POS: Square Counts 140 ISO Partners; Toast Locations Increase 22%
Competition among point-of-sale system providers shows no signs of weakening among two top companies. Square, the acquiring arm of Block Inc., reported a 13% increase in its payment volume for the first quarter, while competitor Toast Inc. says its gross payment volume rose 22% year-over-year. Square’s first-quarter performance comes on …
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8 May
FIS Outlines How Its Anthropic AI Deal Will Pay Off
FIS Inc. is counting on its tie-in with the AI developer Anthropic to pay dividends across several fields, starting with the battle against fraud, the company said early Friday. “The first target is financial crime,” said FIS chief executive Stephanie Ferris early Friday. “The [AI] agent will reduce investigation time …
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8 May
PARTech Revenue up 19% and other Digital Transactions News briefs from 5/8/26
Point-of-sale system and services provider PAR Technology Corp. posted $124 million first-quarter revenue, a 19.3% increase from $103.9 million in the 2025 first quarter. Part of the increase is attributed to a 15% year-over-year increase in quarterly subscription service revenue. It had a quarterly loss of $16.2 million, narrower than the year …
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7 May
Colorado Advances a Measure to Eliminate Interchange Fees on Sales Tax
A Colorado bill that would eliminate sales tax as part of the interchange fee calculation has moved to Gov. Jared Polis’s desk for review following passage Wednesday in the Colorado House. It passed a state Senate vote last week. Similar in some ways to the Illinois Interchange Fee Prohibition Act, …
