- Maverick Payments said it is working with Visa Inc. to offer direct acquiring capability on the Visa Acceptance Platform. The new connection, expected to go live in the third quarter, will let Maverick resellers and merchants gain access to a direct link to VisaNet.
- Google Inc. has discontinued GPay, or Google Pay, in the U.S. market. Users can default to the Google Wallet app for transactions, and users may rely on the Google Pay Web site to transfer balances to a bank account starting in July, the company says. Google has also discontinued peer-to-peer payment in the U.S. market.
- The buy now, pay later platform Klarna AB said it has signed the U.K. department-store giant Sainsbury’s PLC.
- Citicorp has launched Citi Real Time Funding for corporate clients. The service is available in Australia, Hong Kong, and the United Kingdom, with the expectation that it will add markets later in the year.
- Karma Wallet, a fintech aimed at helping consumers control spending, appointed Douglas Sabo as a strategic advisor. Sabo formerly was chief sustainability officer at Visa Inc.
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