Payment Processing news and trends

Paysafe Looks to Digital Wallets to Fuel Growth in 2025
Earnings // March 04, 2025

Paysafe says it is looking to its digital wallet business as a growth driver for the coming year. The payments company on Tuesday (March 4) released quarterly and full-year earnings showing revenue growth of a respective 1% and 6%. Total payment volume came to $40 billion for the...

Stripe Says AI Boom Drove 38% Increase in Payment Volume
Business // February 27, 2025

Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John Collison wrote in their annual letter to the Stripe community that was released Thursday (Feb. 27). “These bets continue to...

Adyen Processing Volumes Jump 22% as Digital Payments Surge
Earnings // February 13, 2025

Adyen’s second-half 2024 results took note of the widespread embrace of solutions to enable omnichannel commerce, and demand for a broad range of payment options across several global markets. And in detailing the results of its platform and debit-focused businesses (allowing for additional routing options...

CTO Interview: Mindset Shift Is ‘Vital’ to Future of Financial Services
Opinion // January 23, 2025

Data management makes for a unified ecosystem that fosters collaboration, Stax Chief Technology Officer Mark Sundt writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.”   At Stax, we are committed to fostering growth and innovation, not just for...

Interviews & Exclusives
How a ‘Partner-First’ Mindset Forges Bank and FinTech Bonds

March 06, 2025
The payments ecosystem thrives on collaboration. After all, in a world where consumers expect seamless, one-click experiences, no single player can do it all. Partnerships allow businesses to tap into each other’s strengths. Think of it this way: If payments were a nightclub, Visa and Mastercard would be the superstar DJs, but the real party […]

CTO Interview: Mindset Shift Is ‘Vital’ to Future of Financial Services

January 23, 2025
Data management makes for a unified ecosystem that fosters collaboration, Stax Chief Technology Officer Mark Sundt writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in...

Why Payment Choice Can Make or Break Retail’s Holiday Season

December 11, 2024
There are more than a few factors tied to success during the holiday season. To put it mildly, the season is as much about stress as it is about giving....

PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions

April 30, 2024
PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total payment volumes were up 14%...

Quick Reads
Paysafe Looks to Digital Wallets to Fuel Growth in 2025

March 04, 2025
Paysafe says it is looking to its digital wallet business as a growth driver for the coming year. The payments company on Tuesday (March 4) released quarterly and full-year earnings showing revenue growth of a respective 1% and 6%. Total payment volume came to $40 billion for the quarter, a 12% increase, and $151.7 billion for the year, […]

Stripe Says AI Boom Drove 38% Increase in Payment Volume

February 27, 2025
Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John Collison wrote in their annual...

Velera to Provide Debit Card Processing to Mississippi-Based Keesler Federal

November 20, 2024
Credit union service organization (CUSO) Velera will provide debit card processing and support to Mississippi-based Keesler Federal Credit Union, which serves 327,000 members in the Southeast. This marks an expansion...

Nuvei Teams Up With BigCommerce on Customized Payment Solutions

October 22, 2024
Canadian FinTech Nuvei has announced a partnership with open software-as-a-service (SaaS) eCommerce platform BigCommerce that it says will globally enable customizable payment solutions that were previously only available to large...