Digital Transactions Authoritative, insightful and timely information for payments professionals
The payments platform Wirex Ltd. has launched Wirex Travel, a travel-booking utility offering discounts and cashback to users paying with a Wirex card. Nayax Ltd. has agreed to embed its payments technology within products from N-and Group, starting with the latter’s automated self-service commerce machines. Payments provider Priority Technology Holdings Inc. has launched Ambient, a …
March, 2025
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27 March
NMI Taps Mastercard to Power Its New Tap-to-Pay Service for Small Merchants Eyeing Mobile Payments
With an eye on small merchants, payment processor NMI on Thursday announced a tap-to-pay feature driven by Mastercard Inc.’s Cloud Commerce app for Android smart phones or tablets. The service will enable Android-using small and mid-size businesses to accept electronic payments without adding new hardware, Schaumburg, Ill.-based NMI says. NMI-connected …
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27 March
Nacha’s Top 50 Originators And Receivers Account for 94% of Payments Volume
The big automated clearing house network Nacha says the volume of ACH payments made at originating institutions increased 7.4% from 2023’s report on the top 50 originators and receivers. Nacha released its annual rankings Thursday and says the volume of ACH payments made at originating financial institutions accounted for 93.8% …
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26 March
Grow Your Portfolio — Sign High-risk Merchants in New and Emerging Verticals
Partnering with the right payment technology company to accept as many payment types as possible is a great way for small- to mid-sized merchants to modernize and grow their businesses. Unfortunately, due to the higher level of risk that comes with certain merchant categories, many small businesses have been left …
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26 March
After Some Fixes, PayPal Says It Has Surpassed $30 Billion in Loan Originations
Trumpeting its financing services for small and mid-size businesses, payments giant PayPal Holdings Inc. disclosed Wednesday that it has passed $30 billion in global loan originations. It has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts worldwide since 2013, the company said. PayPal, …
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26 March
NMI Taps Arcum’s AI To Help With Merchant Retention
Payments provider NMI is counting on the addition of an artificial intelligence tool from Arcum to mitigate merchant retention. Announced Tuesday, the partnership integrates Arcum’s AI services with NMI’s Merchant Relationship Management platform, formerly known as IRIS CRM, to enable Schaumburg, Ill.-based NMI to get advance notice of possible attrition …
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26 March
Trump Urges Digital Payment Push and other Digital Transactions News briefs from 3/26/25
President Trump issued an executive order requiring a move to electronic processing for all federal payments and receipts “by digitizing payments to the extent permissible under applicable law.” The order specifically rules out the creation of a central bank digital currency. The Financial Crimes Enforcement Network issued an interim rule that removes the requirement …
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25 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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25 March
J.P. Morgan Payments Expands Its Reach Via Deals With Walmart And Affirm
The big payments provider J.P. Morgan Payments expanded its reach into different sectors this week through deals with leading retailer Walmart Inc.’s Walmart Marketplace and buy now, pay later specialist Affirm Inc. At the Shoptalk conference in Las Vegas, the payments unit of J.P. Morgan Chase & Co., the biggest …
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25 March
Consumer Information Gains Ground in Criminal Quests, Javelin Report Finds
Ever-clever criminals are expanding their scope in information as well as funds. That’s according to the annual Identity Fraud Study released Tuesday by Javelin Strategy & Research. “The thing that was most surprising to me was that so many scam victims were also deceived into providing personally identifiable information (PII),” …
