Cryptocurrency payment gateway Data Mynt Inc. on Tuesday announced support for the Bitcoin Lightning Network. Data Mynt will facilitate payments to and from all Lightning Network-enabled wallets, such as Block Inc.’s Cash App and Strike.  The Data Mynt gateway, which says it is agnostic as to wallet, asset, and blockchain, …

Despite predictions that buy now, pay later loans will account for $680 billion in transactions by 2025, or about 12% of all e-commerce sales, the industry remains on a potential slippery slope when it comes to consumer protections, says a paper issued Monday by the Mossavar-Rahmani Center for Business and Government at …

One of the country’s biggest merchant associations on Monday joined a growing chorus of voices arguing fee increases planned by the major card networks for this month will exacerbate inflation. “American consumers are struggling under the worst inflation in four decades, and these increases would only make the situation worse,” …

Revolut Ltd. continues its expansion in the United States, announcing on Friday it is partnering with technology infrastructure provider Cross River Bank to expand access to financial services to Revolut customers in the U.S. and enable Revolut to scale and expand across business verticals in the country, including credit.  As …

The buy now, pay later trend continues to solidify into a permanent part of the payments arena, thanks to consumers who readily adopt the installment-payment service. Now, new research finds that many—82%—are drawn to it because they do not have to pay interest for the installment-payment benefit. New research from …

To help merchants manage their business through a single device in a rapidly changing payments landscape, Block Inc. on Monday introduced the next generation of Square Stand, the countertop device that converts an iPad into a point-of-sale system. It is the first redesign of Square Stand since its launch in …

Payments provider Priority Technology Holdings Inc. is partnering with Century Bank, a community bank with locations in New Mexico and Texas, to provide its accounts-payable platform called CPX (Commercial Payment Exchange) to the bank’s business customers. CPX automates manual business-to-business payments processes, such as manual check runs, payments, and reports.  …

The buy now, pay later trend may have come under scrutiny lately by regulators, but companies enabling BNPL warn sellers and payments providers risk losing merchant volume and younger consumers if they don’t offer the installment option online and at the point of sale. “You’ll see volume attrition without merchant …

In an effort to enable fintechs to leverage its brand, network capabilities, and cardholder perks in North America and other regions, American Express Co. on Friday announced it is expanding its working relationship with payment and banking solutions provider i2c Inc. The expanded agreement builds upon AmEx’s working relationship with …

Payments companies have sensed increasing regulatory pressure since the Biden Administration’s inauguration last year, and now experts who follow developments in Washington, D.C., are confirming it. After a relatively “light touch” during the Trump Administration, “the [regulatory] pendulum has come back this way” toward a harder look at payments practices, …