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 …
March, 2025
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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 …
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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 …
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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 …
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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 …
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14 March
Order.co Adds Real-Time Tracking and other Digital Transactions News briefs from 3/14/25
Order.co, a business-to-business payments service, announced a number of enhancements, including real-time transaction tracking and what are said to be more robust security measures. Payments provider Shape Technologies said it will work with PXP, a technology platform, to help independent sales organizations, independent software vendors, and payment facilitators offer services that would …
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13 March
How Business Groups Are Pushing for Stablecoin Acceptance
A leading merchant association and a group representing stablecoin interests early Thursday threw their weight behind efforts to bring stablecoins into the payments mainstream in the United States. The move by the Merchant Payments Coalition and the Payment Choice Coalition seeks to “promote their shared goals of enhancing innovation, competition, …
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13 March
The EPC Takes Aim at the CCCA And Illinois’s Interchange Law
The Electronic Payments Coalition has launched the latest salvo in its offensive against legislation seeking to regulate credit card interchange. This time the thrust takes aim at federal and state legislative efforts. At the federal level, EPC executive chairman Richard Hunt said during a press conference late Wednesday morning the …
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13 March
MTech Mobility’s New Touchtab and other Digital Transactions News briefs from 3/13/25
MTech Mobility introduced Touchtab, a mobile point-of-sale platform aimed at restaurants and promising faster processing of customer tickets. A recent study by SpotOn found 84% of U.S. independent and chain restaurants want improved POS technology. Buy now, pay later provider Sezzle Inc. announced new app features including auto-applied coupons, notifications of price drops, and smoother …
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12 March
How New Capital Positions Fortis to Pursue Faster Growth
Fortis Payment Systems LLC early Thursday announced it is receiving a capital infusion from a new investor, Audax Private Equity, as well as from an existing investor, Lovell Minnick Partners. The amount of the investment was not disclosed. A privately held company, Fortis actively began seeking new investors about six …