Cash App profits disappoint

Block reported just 10% growth in first-quarter gross profit for Cash App, even after it added Afterpay to Cash App debit cards.

By Patrick Cooley • May 12, 2025

Global Payments eyes cost cuts

The payments processor sharpens its focus on how to squeeze $600 million in “cost synergies” from its $24 billion purchase of Worldpay.

By Lynne Marek • May 9, 2025

Explore the Trendline➔

Digital wallets proliferate as features advance

As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

By Payments Dive staff

Shift4 turns to restaurants for future growth

The payment processor has signed thousands of restaurants in Europe and expects to delve deeper into that business.

By Patrick Cooley • May 5, 2025

Visa sees economic uncertainty starting to curb travel spending

As consumers brace for the potential impacts of Trump’s tariffs, they’re cutting back on hotel stays and airline travel, Visa executives said.

By Justin Bachman • May 1, 2025

Walmart drives toward instant payments

The mega retailer is eager to use more real-time payments as it speeds up digital services for cost-conscious customers.

By Lynne Marek • May 1, 2025

PayPal targets European branded service growth

The payments pioneer plans to expand its omnichannel payments strategy in Germany and the U.K., its biggest European markets.

By Justin Bachman • Updated May 1, 2025

Paze aims to pump up the volume with Fiserv

The digital wallet owned by seven banks has loaded 150 million customer cards onto the system. Now, it’s working with its processor ally to add more banks.

By Lynne Marek • April 29, 2025

Toast, Clover fight for restaurant customers

The fledgling fintechs have gobbled up a significant share of the U.S. restaurant point-of-sale market, but they’ll increasingly be battling industry heavyweights.

By Patrick Cooley • April 29, 2025

ATM provider Hyosung Americas issues security alert

The cash machine maker called for a software update, with locations in the Northeast and on the West Coast particularly at risk.

By Tatiana Walk-Morris • April 28, 2025

Durbin to keep pushing card bill

The retiring Senate Democrat plans to reintroduce the Credit Card Competition Act proposal despite plans to wrap his four-decade congressional career.

By Lynne Marek • April 28, 2025

Fiserv ventures into high-end restaurants

The payment processing giant’s point-of-sale platform Clover will begin catering to upscale dining establishments next month.

By Patrick Cooley • April 28, 2025

PayPal pays up for talent

The digital payments pioneer delivered sizable pay packages last year after it hired new executives, including one landing $29.4 million in annual compensation.

By Lynne Marek • April 25, 2025

Fiserv to acquire Brazilian fintech Money Money

The processor’s purchase will benefit its Clover unit in its effort to provide financing to small businesses, the company said.

By Patrick Cooley • April 24, 2025

Trade group pushes directory for instant payments

The U.S. Faster Payments Council advocated for an open and secure directory service to increase real-time payment adoption, per a report earlier this month.

By Lynne Marek • April 23, 2025

Spire pushes pay-by-bank model

Direct bank payments at the point of sale will become more attractive to merchants through a Discover Financial tie, the CEO says.

By Justin Bachman • April 17, 2025

Pay-by-bank should offer perks: Deloitte

Banks must persuade merchants and consumers the payment method is an acceptable alternative to credit cards, the consulting firm suggested.

By Patrick Cooley • April 17, 2025

FIS, Global Payments agree to Worldpay deal

Fidelity National Information Services and Global Payments unveiled a deal in which FIS plans to buy the latter’s issuer business and sell its Worldpay stake. 

By Lynne Marek • April 17, 2025

Shazam sheds merchant services to focus on debit

 The network company divested its merchant services portfolio this month to concentrate on its core business.

By Lynne Marek • April 16, 2025

Klarna partners with Fiserv’s Clover

A recently signed deal will bring Klarna’s installment loans to Clover checkout at merchants across the U.S.

By Patrick Cooley • April 16, 2025

Worldpay delivers payments industry insights in DC

Executives of the merchant services company visited Capitol Hill this month to connect with congressional staffers and share their views on payments.

By Lynne Marek • April 15, 2025

Credit card 90-day delinquencies rise to record: report

The percentage of U.S. credit card accounts past due for 90 days was the highest in 12 years during the fourth quarter, a Philadelphia Federal Reserve report said.

By Patrick Cooley • April 15, 2025

How one startup coordinates your payments

Payments orchestration is an increasingly critical task as merchants seek cost efficiencies and the ability to add new payment alternatives and technologies.

By Justin Bachman • April 11, 2025

PayPal, Block and others face recession risk: analysts

As President Trump’s tariff war raises the specter of a U.S. recession, analysts cited certain payments players as potentially more vulnerable in an economic downturn.

By Lynne Marek • April 10, 2025

PayPal’s Xoom, Tencent partner on cross-border payments

The deal provides another avenue for customers seeking to send remittances to Chinese consumers.

By Tatiana Walk-Morris • April 10, 2025

Fiserv acquires Australian payment facilitator Pinch

The move comes after the Milwaukee-based payments processor said it would expand its Clover point-of-sale service in Australia.

By Patrick Cooley • April 9, 2025