News

March, 2025

• 19 March

  Grow Your Portfolio — Sign High-risk Merchants in New and Emerging Verticals

  

  Partnering with the right payment technology company to accept as many payment types as possible is a great way for small- to mid-sized merchants to modernize and grow their businesses. Unfortunately, due to the higher level of risk that comes with certain merchant categories, many small businesses have been left …
• 19 March

  Eye on Acquiring: Jaris’s New White-Label Merchant Onboarding; Shift4’s Great Wolf Expansion

  

  Embedded financial services specialist Jaris Inc. has launched a merchant onboarding service for independent sales organizations, processors, banks, and platforms. The Jaris utility enables merchants to apply for payment processing services and a suite of value-added services, such as business lending, instant payouts and banking services, through a single, pre-populated …
• 19 March

  Don’t Shun High-Risk Sellers—Manage Their Commerce Better, Experts Say

  

  For some processors, opportunity can abound among high-risk merchants shunned by acquirers that fear the potential losses. But losses can also abound if these relationships are not well-supervised, warned a panel of experts Tuesday afternoon. “There’s a balance between how much risk we’re going to take on and how to …
• 19 March

  Fiserv’s Latest Acquisition and other Digital Transactions News briefs from 3/18/25

  

  Fiserv Inc. has acquired CCV, a payments provider operating in Germany, Belgium, and the Netherlands, in a deal aimed at speeding the deployment of Fiserv’s Clover point-of-sale platform in Europe. Terms were not disclosed. Lightspeed Commerce Inc., a payments provider specializing in hospitality, launched an AI-based product that lets clients build …
• 18 March

  Southwest Airlines Adopts CellPoint’s Newest Platform; TreviPay Is the Latest Issuer on the UATP Network

  

  CellPoint Digital announced early Tuesday Southwest Airlines Co. will begin using its cloud-native payment-orchestration platform. The platform, which launched last month, is designed for airlines and travel companies and supports multiple payment methods, including credit cards, travel credits, alternative payment methods, and Southwest Rapid Rewards frequent-flier points. Consumers can also …
• 18 March

  DoorDash Enables Online SNAP/EBT Payments for Dollar General

  

  On-demand delivery platform DoorDash Inc. says Dollar General Corp. is the latest retailer to accept SNAP/EBT online payments in the DoorDash marketplace. SNAP is the Supplemental Nutrition Assistance Program that uses its own electronic benefits transfer payments service. The Dollar General addition of more than 16,000 stores nearly doubles the …
• 17 March

  Walmart’s Decision to Oust Affirm in Favor of Klarna Unlikely to Significantly Harm Affirm’s Business

  

  Buy now, pay later provider Klarna AB announced early Monday it is partnering with digital wallet provider OnePay to be the exclusive provider of installment loans to Walmart Inc.’s customers in the United States. Klarna is replacing rival Affirm Holdings Inc. as the retailer’s installment loan provider. Affirm had been …
• 17 March

  COMMENTARY: Most Consumers Demand Stronger Fraud Protection. Are You Ready?

  

  A recent NMI survey of 1,000 U.S. adults found that 71% of consumers want stronger fraud and security protection in 2025. Their top concerns when making payments? Data breaches (64%) and lack of control over how personal data is used (50%). This isn’t surprising. American consumers are more aware than …
• 17 March

  ICBA Payments’ Mastercard Move and other Digital Transactions News briefs from 3/17/25

  

  The Independent Community Bankers of America said its ICBA Payments subsidiary is working with Mastercard Inc. to offer upgraded and enhanced card and payment services for 1,400 community banks. Mastercard will manage all cardholder communication and marketing while ICBA Payments will move its sponsored card programs to Mastercard at no cost and …
• 14 March

  Block Gets the FDIC’s OK To Take Consumer Cash App Borrow Loans In-house

  

  Square and Cash App parent Block Inc. announced late Thursday its Square Financial Services Inc. industrial bank has received approval from the Federal Deposit Insurance Corp. to make consumer loans through Block’s Cash App Borrow feature. Square Financial Services launched as a Salt Lake City-based, FDIC-chartered industrial bank in 2021 …