News

June, 2025

• 18 June

  North Developer Is Your Destination for Real Payments Power

  

  There is expanding opportunity for ISVs working in the payments space. The demand for new payment options has driven explosive growth in API-first approaches to processing. This is a field dominated by new thinking, and it’s where ISV and developer opportunities live. But ideas are not enough. Having the right …
• 18 June

  Ring, Ring—It’s Klarna Calling

  

  Add another unique service to Klarna AB’s product roster. The buy now, pay later specialist is adding mobile-phone service to its product list. A waitlist is available now, with a launch expected in coming weeks, Klarna says. The United Kingdom and Germany are expected to follow. Klarna hopes to tap …
• 18 June

  Early Warning’s Paze Gets a Big Boost From Fiserv

  

  Fiserv Inc. announced late Tuesday it will begin offering Paze, the online-payment system from Early Warning Services LLC, to financial institutions. Fiserv will, in addition, support Paze across its e-commerce payments platform. The collaboration with Fiserv is expected to help Paze significantly expand its reach to banks and credit unions …
• 18 June

  Windows SoftPOS at Nebraska Furniture Mart and other Digital Transactions News briefs from 6/18/25

  

  Felix Payment Systems Ltd. launched what it says is the industry’s first deployment of a Windows-based softPOS solution. The deployment came in collaboration with Nebraska Furniture Mart and technology company HP Inc. SoftPOS allows merchants to accept contactless payments on an ordinary mobile phone. Celerant Technology Corp. released version 2.8.2 of its point-of-sale technology, …
• 17 June

  U.S. Consumers Embrace Digital Remittances, According to Visa Research

  

  Some 55% of remittance-sending consumers expect to send more or the same amount of money overseas in 2025, says Visa Inc.’s “2025 Digital Remittances Adoption Report.” In 2024, global remittances totaled $905 billion, up from $865 billion in 2023, according to the World Bank, a 4.6% increase. In the United …
• 17 June

  Eye on Service Businesses: eTip Employs Visa Direct for Wallet Tipping; iWallet’s Recurring ACH Option

  

  The U.S. services industry is huge—more than 135 million Americans in the field, according to the U.S. Bureau of Labor Statistics—and ensuring they are paid is a key role for the payments industry. Two payments companies are helping with new services. Digital tipping platform eTip’s integration with Visa Direct allows …
• 17 June

  NFC Range up 4X and other Digital Transactions News briefs from 6/17/25

  

  The NFC Forum, a global standards body for near-field communication technology, issued Release 15, which extends the range of certified compliant NFC contactless connections up to 2 centimeters, four times greater than the current standard 0.5 centimeters. Some 97% of decision-makers in the hospitality industry said they are confident about …
• 16 June

  Cantaloupe Will Be Acquired by 365 Retail Markets in an $848 Million Deal

  

  365 Retail Markets LLC, a provider of self-service commerce technology, has entered into an agreement to acquire Cantaloupe Inc. in an all-cash deal for $848 million in a deal that will take Cantaloupe private. Cantaloupe shareholders will receive $11.20 per share, a 34% premium. The deal is expected to close …
• 16 June

  PayPal’s Next Step? Storefront Ads

  

  Digital advertising incorporated in branded checkout is the newest avenue for PayPal Holdings Inc. The digital-wallet and payments provider launched Storefront Ads Monday, a service to get PayPal-accepting merchant products in front of online consumers. Storefront Ads not only showcases the merchant but includes a “Buy with PayPal” button within …
• 16 June

  Comerica Bank Adopts RTP’s OBO and other Digital Transactions News briefs from 6/16/25

  

  Comerica Bank said it will be an early adopter of On-Behalf-Of-Payments (OBO) on The Clearing House Payments Co.’s RTP network, a real-time payments platform. OBO payments are originated by a sender acting on behalf of another person. SpotOn, a processor specializing in point-of-sale payments for restaurants, announced GoTo Place, a mobile-first …