In what could be an ill omen for other payments processors that softer transaction growth lies ahead, Lightspeed Commerce Inc., provider of an e-commerce platform and payment services for small and mid-sized businesses, on Monday revised its outlook for fiscal 2025 to include year-over-year revenue growth of approximately 18%, down …
March, 2025
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24 March
Eye on Restaurants: Tech Consolidation’s Importance Grows; Meal Ticket’s New Network
As point-of-sale systems, marketing platforms, and inventory management all find their way to small and large restaurants, there’s a growing need for operators to simplify their technology, finds a new report from Qu Inc., a restaurant platform. As part of its “2025 State of Digital Report,” Arlington, Va.-based Qu found …
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24 March
Blackhawk’s New Loyalty Boost and other Digital Transactions News briefs from 3/24/25
Payments platform Blackhawk Network announced it will work with Exchange Solutions, an offers service, to develop loyalty programs for businesses. An American Express Co. and Forbes Insight survey found that 73% of consumers choose a credit card as their preferred payment method followed by debit card, 56%, and cash, 50%. The survey canvassed 2,507 …
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21 March
Galileo Is Tops Among Digital Debit Issuers, Javelin Says
Galileo Financial Technologies LLC’s Digital First product ranks first among digital debit card issuers in Javelin Strategy & Research’s inaugural Digital Issuance Provider Scorecard. Sandy, Utah-based Galileo earned top billing for its flexibility, security, and scalability. Javelin ranked eight digital-issuance vendors’ products, using 25 criteria across features and functionality, technology, …
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21 March
How the Trump Administration Is Stoking Interest in Crypto
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 …
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21 March
AES Partners with Genwin and other Digital Transactions News briefs from 3/21/25
Advanced Executive Sales LLC, a point-of-sale and e-commerce payments platform, and its affiliate Neon Bloom Inc. said they will work with software developer Genwin LLC to boost transaction revenue and reduce dependence on third-party software. Nadcab Labs, an India-based wallet developer, introduced new services aimed at allowing users to manage …
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20 March
Beyond the Big Processors: What ISOs Really Need to Thrive
By Matt Nern, Managing Partner at SignaPay Being an ISO is a balancing act. Between closing deals, staying on top of evolving payment technology, and ensuring merchants get the support they need, there’s hardly time to deal with the inefficiencies of a slow-moving processor. Yet, too often, ISOs find themselves …
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20 March
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, …
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20 March
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 …
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20 March
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, …