- Payments provider VizyPay said it processed $2.06 billion on 39 million transactions in 2024, as revenue climbed 14% to $24.1 million.
- PDX Global has completed tests for its PDX Beam technology, which converts cryptocurrency to cash in consumer-to-merchant transactions. The company will on Thursday embark on a public beta test of the system.
- Block Inc.’s Square point-of-sale payments unit will market its products to clients of foodservice distributor Sysco under a new agreement.
- Pioneer Federal Credit Union has opted for the Instant Payment Xchange, real-time payments technology from Payfinia Inc. The credit union has 50,000 members and $746 million in assets.
- RevSpring, a payments-technology provider specializing in health care, launched a self-service capability for practitioners using OmniBrain, RevSpring’s patient-communications platform.
- Some 62% of businesses blame generative artificial intelligence technology for a sharp increase in invoice fraud, according to a survey of 100 business executives worldwide by Basware, a provider of invoicing technology. AI enables thieves to fashion fake invoices that trick accounts-payable departments into issuing payments, according to the research.
- Delta, a game emulator for iOS devices, appears to be the first app in the Apple App Store to enable completing a payment outside of the Apple payment flow, reported Apple blog MacStories.com. In August, Apple said it would open the secure element on iPhones to third parties.
- Payments provider Celero Commerce said it is working with EverBank N.A. to improve the bank’s payment processing options for its customers.
- Affirm Holdings Inc. expanded its partnership with processer Adyen that makes Affirm the first buy now, pay later provider to support Adyen for Platforms and enables more payment options for Adyen merchants in Canada.
- Technology retailer Belkin now accepts Buy with Prime, Amazon.com Inc. announced.
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