"Federal Reserve Financial Services issued the 2025 Diary of Consumer Payment Choice (Diary), an annual survey measuring the evolving role of cash in the U.S. economy. Findings from this nationally representative survey showed that amid the increasing digitalization...
Introducing Square Handheld: A Pocketable Powerhouse to Serve Tables, Manage Inventory, and Close Sales Anywhere
"Square launched Square Handheld, its most powerful, portable point-of-sale device ever. Combining a sleek, durable design with comprehensive, versatile software, Square Handheld enables sellers to manage everything from payments to back-of-house operations right from...
Zoho Enters U.S. Payments Market with the Launch of Zoho Payments, a Unified Solution for Secure, Seamless, and Scalable Payment Processing
"Zoho Payments helps businesses accept card payments in over 135 currencies and ACH payments for transactions within the U.S. The payment solution works out-of-the-box with Zoho's apps from finance and operations, sales and marketing, low-code, and collaboration...
Monzo Customers Can Cancel Bank Transfers if They Quickly Spot an Error
"Monzo customers will have the ability to cancel a bank transfer if they realise within seconds that they have made a mistake. The new feature gives customers a 10- to 60-second window, allowing them to cancel a payment if they realise they have made an error, such as...
Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts
"The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from global bank Citi. Above and...
U.S. Faster Payments Council Publishes Practical Guide for Building Open Alias Directory Services
"The U.S. Faster Payments Council published a new industry resource from its Directory Models Work Group: Decision Points for an Open Alias Directory. The report presents critical considerations for the development of an open, alias-based directory service that could...
Telecom Italia Mulls Including Insurance, Payments, Energy Services in Bylaws, Sources Say
"Italy's biggest phone group Telecom Italia is considering adding insurance, digital payments and energy to its business as described in its bylaws ahead of expanding the offering of those services, two sources told Reuters. Having sold its prized landline grid, TIM,...
Gen Z and Millennials Expect In-App Payments, NMI Survey Finds
"Gen Z and Millennials expect in-app payments or they’ll take their business elsewhere. The best transactions are invisible, say 60% of consumers, and it’s time for businesses and the software that empowers them to catch up."
Square Releases is Here: Built for Sellers to Discover What’s New and Shape What’s Next
"Square debuted Square Releases — a new biannual product launch that delivers the most important new features and tools, all at once. Born out of feedback from the Square seller community, Square Releases gives businesses a simple, consistent way to discover what’s...
Circle’s Dollar Coin Payment Network: South Korea Left Out
"Circle Internet Group, the issuer of the dollar-based stablecoin USDC, has established a systemenabling global remittance and settlement solely through stablecoins. However, it has been revealedthat not a single South Korean company has participated in the network....