Industry News

CORPAY and MASTERCARD have expanded their partnership to include near real-time payments for corporations, small businesses and financial institutions in 22 markets in Asia, Europe, the Middle East, Africa and Latin America. Previously, Mastercard made Corpay the exclusive provider of large-ticket cross-border payments, currency management and risk management services for its clients.

SAMSUNG PAY wallet users have access to a free 3-month subscription to Coinbase One, a membership that provides free trading fees on the purchase of select crypto assets, boosted rewards on staked assets and exclusive offers from Coinbase partners. They also receive a $25 credit after placing their first trade on Coinbase.

CHARGEFLOW, a provider to merchants of a chargeback automation platform, has launched Chargeflow Prevent, a post-purchase, pre-fulfillment platform created to stop friendly fraud before it occurs. Friendly fraud, sometimes referred to as digital shoplifting, involves customers who exploit a merchant’s return policy, dispute processes or promotions after payment to retain goods or obtain refunds to which they are not legitimately entitled.

TRUSTLY, provider of pay by bank payment processing services, has integrated with Acres Manufacturing, which offers casinos a universal
payment adapter. Gamblers at slot machines and table games in the US and Canada will be able to scan a QR code and make a payment from their bank accounts. Acres acts as the merchant of record. Approximately 6% of a casino’s revenues are tied to providing gamblers with access to cash to fund wagers. Trustly’s Scan & Pay product is also expected to increase wagering versus cash-based play.

AFFIRM is providing pay-over-time options to customers of Ace Hardware for purchases above $50. Transactions begin with scanning a QR code at checkout. Buy now, pay later options are presented on the Ace POS terminal. Ace Hardware is a cooperative of more than 8,700 locally owned and operated stores with 5,200 US locations.

BLUEFIN’S PCI-validated point-to-point encryption technology will be integrated with Alacriti’s Orbipay electronic bill presentment and payment system. Financial institutions and insurance companies will use the combination for in-person payments.

BLACKHAWK NETWORK will partner with Google Play to launch a prepaid card mall in the Play Store. Users will purchase prepaid products and deliver them via email or text from inside
Play Store.

NOON PAYMENTS, which is based in the UAE, is the first payment service provider in the world to launch Visa Payment Passkey. Built on open industry standards from the Fido Alliance, Visa Payment Passkey ensures that biometric data such as fingerprints and facial scans do not leave the consumer’s device when used at checkout.

PAYPAL has signed a two-year agreement to sell up to $7 billion in buy now, pay later receivables generated in the US to asset manager Blue Owl. Underwriting and servicing will be handled by PayPal.

PAYABL. has integrated as a direct acquirer with Wero, the pan-European digital wallet currently available to 43.5 million users. Wero, a service of the European Payments Initiative (EPI), is focused on instant, cross-border account-to-account payments. Payabl customers are merchants and other payment service providers.

AMEX ADS is a digital advertising platform created by American Express to connect brands with its 34 million US cardholders. Contextual ads will first be presented to cardholders on AmexTravel.com before ultimately expanding to other American Express-owned platforms. Pilot tests were conducted earlier this year with Marriott Bonvoy, Macy’s and Tumi. The company’s existing Amex Offers program generated $13 billion in spending in 2024 at merchants that accepted American Express.

EAST WEST BANK will offer its US merchants POS terminals, omnichannel and ecommerce processing and loyalty support services from Worldpay.

PAYPAL is offering US-based customers 5% cash back on PayPal buy now, pay later purchases between now and the end of 2025. The company has also initiated Pay Monthly for purchases made in-store.

CHECKOUT.COM has applied for the Merchant Acquirer Limited Purpose Bank (MALPB) charter from the Georgia Department of Banking and Finance and has received application acceptance, which is the first stage of progress toward the bank charter. The company, which has also opened an office in Atlanta, expects to process more than $300 billion in ecommerce payments in 2025. Customers include eBay, Klarna, GE Healthcare and Pinterest.

VISA has launched Visa Pay, a mobile payment service, in the Democratic Republic of Congo. Consumers and businesses can pay, get paid and move money across participating banks and mobile networks whether they are banked or unbanked. Transactions can be settled in Congolese francs and US dollars. At launch, participating banks included Access Banque, FBNBank, Sofibanque, Solidaire Banque and UBA. The Visa Pay app is available from the Apple App Store, Google Play Store or a bank’s mobile platform.

ZENI, provider of AI-driven bookkeeping software, has launched the Zeni Business Debit Card issued by Thread Bank. The Visa brand card offers 1.75% cash back on every purchase. Rewards are automatically deposited into a business’s Zeni checking account.

RAMP, a financial operations platform that combines payments, corporate cards, vendor management and other services, has added Agents for AP, specialized agents that automate parts of accounts payable, including invoice coding, invoice approval and payment processing. The company says that Agents for AP flagged over $1 million in fraudulent invoices in 90 days among customers with early access.

ZIP, a provider of BNPL point-of-sale credit products and payment services in the US, Australia and New Zealand, has formed a partnership with Nift, a company that connects commerce platforms to advertisers and brands. The integration with Nift will enable Zip to thank its customers with gift offers when they are completing a purchase. Nift’s AI-powered platform matches consumers with relevant gift options from thousands of brands

I&M BANK TANZANIA has launched that country’s first Mastercard World Elite debit and multicurrency prepaid cards. The multicurrency card supports up to 10 currencies. All card products operate on OpenWay’s Way4 card management software platform.

JPMORGANCHASE and PLAID have renewed a data access agreement that enables the bank’s customers to provide their account data to outside companies. Plaid will pay the bank for access. JPMorganChase reported that outside companies used APIs to make 1.89 billion requests for data in June 2025. Those requests ranged from fraud fighting efforts to aggregators looking to sell data.

Elavon, the 7th largest merchant acquirer in the US, has launched Quick Capital, a revenue-based funding service to its 275,000 US customers. Quick Capital is a partnership with Liberis, which focuses on expediting funding to small businesses based on analysis of their revenues and needs. The Liberis Core product has  been used to deliver over $3 billion in loans to more than 50,000 merchants. It will be available at Elavon’s merchant platform. Eligible merchants will also be contacted via direct mail.

Bank Negara in Indonesia has launched the BNI JCB Corporate Card. Cardholders receive complimentary access to five airport lounges in Indonesia, green fee cash back at select golf courses and dining benefits at Japanese restaurants. Business travel assistance is provided through BNI TeleTravel. Corina Leyla Karnalies is Consumer Banking Director at BNI,

PayNearMe has been integrated with Emotive Software’s Enterprise Resource Planning all-in-one payment platform for automotive dealers. Within a single interface, Emotive clients will have access to payment methods that include PayPal, Venmo, Cash App Pay, Google Pay, ACH and cash (at retail locations).

Juspay, an India-based payment technology company that processes more than 200 million transactions a day, has integrated with the Outpayce Exchange Payment Platform (XPP). Outpace is wholly owned by Amadeus. Juspay will be able to offer travel businesses like airlines and hotels the ability to connect with 300+ acquirers and local payment methods through a single integration. XPP also provides optimized routing, acceptance and tokenization along with compliance to regulation and local infrastructure. Amadeus is one of the world’s largest technology companies.

GoDaddy has launched a merchant cash advance program for the small and midsize businesses that use its GoDaddy Payments service. Approved merchants can receive up to $1 million in as little as 24 hours. GoDaddy Capital is built into the GoDaddy dashboard. Credit is made available from partners including YouLend and Pipe Technologies.Those companies provide the credit underwriting.  Kasturi Mudulodu is President of Commerce at GoDaddy, kmudulodu@godaddy.com, www.godaddy.com.  8/21
https://www.prnewswire.com/news-releases/godaddy-capital-speeds-cash-to-small-businesses-302535174.html#:~:text=TEMPE%2C%20Ariz.%2C%20Aug.,as%20little%20as%2024%20hours.