Merchant interest in accepting cryptocurrencies continues to expand, with headline progress stemming from high-end luxury-goods segments. The latest example comes from ECD Auto Design, a Kissimmee, Fla.-based dealer in restored luxury cars. The company on Thursday announced it is accepting crypto for vehicle purchases. ECD’s move comes as digital currencies …
Read More »Affirm Expands Credit Reporting And Adds Adyen U.K. Clients
Installment-payments specialist Affirm Holdings Inc. will include all of its products in data sent to credit-reporting agency Experian plc beginning April 1, while its more than four-year-old partnership with processing platform Adyen NV expands into the United Kingdom. San Francisco-based Affirm says the inclusion of all of its buy now, …
Read More »Opponents Ask for Summary Judgement in Their Legal Battle to Overturn Illinois’s Interchange Law
Plaintiffs seeking to overturn Illinois’s interchange law filed a motion for summary judgement earlier this week and requested that the state’s attorney general drop the case to enforce the law, which is scheduled to go into effect July 1. A motion for summary judgment asks a court to decide a …
Read More »Nayax’s EV Pay Boost and other Digital Transactions News briefs from 3/20/25
Nayax Ltd. has launched what it calls its State-of-Charge feature for EV Kiosk, a service that lets users pay for EV charging while capturing session details separately on a mobile device by scanning a QR code. Klarna AB has agreed to offer payments options, in including pay in full and buy now, …
Read More »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 …
Read More »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 …
Read More »Fiserv’s Latest Acquisition and other Digital Transactions News briefs from 3/19/25
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 …
Read More »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 …
Read More »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 …
Read More »Jack Henry’s Mastercard Move and other Digital Transactions News briefs from 3/18/25
Bank processor Jack Henry & Associates Inc. extended its work with Mastercard Inc. to now offer Mastercard Move, the card brand’s portfolio of money transfer products, through Jack Henry Transfers. This is part of Jack Henry’s previously announced partnership with Moov to enable banks and credit unions to offer digital payment services to consumers …
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