Breaking Industry News
Breaking News articles for August 2025
Shift4 helps Blue Origin accept crypto for space travel
Thursday, August 14, 2025
Shift4 Payments Inc. is working with Blue Origin so the space exploration company can accept cryptocurrencies and stablecoins from travelers who want to take trips into space. To date, more than 75 people have boarded the reusable Blue Origin New Shepherd rocket to travel past Karman Line, the internationally boundary into space. Blue Origin was founded by Jeff Bezos, who also founded Amazon.
GS interviews Adam Gray, CTO of Stax Payments
Tuesday, August 12, 2025
Surcharging—once a niche, often-misunderstood practice—is moving steadily into the mainstream, offering merchants a way to offset rising payment processing costs. But it’s not as simple as flipping a switch. From card brand caps and state-by-state rules to customer perceptions, the road to a compliant, customer-friendly surcharge program can be full of pitfalls. In this Q&A, Adam Gray, chief transformation officer at Stax Payments, shares insights on separating myth from fact, tailoring programs to a business’s unique needs, and leveraging technology to make compliance transparent and effortless.
Gift card sales gaining, new research shows
Monday, August 11, 2025
If 2024 is any indication, then 2025 will be a good one for gift card sales. A new report from Bank of America and The Strawhecker Group shows increasing gift card purchasing over the past year as consumers find new ways to give, receive and use gift cards.
Merchants win latest skirmish over debit interchange
Saturday, August 09, 2025
The Federal Reserve Board may need to start from scratch its work capping debit card interchange if a decision handed down by a federal court judge on Aug. 6, 2025, is upheld on appeal. Justice Daniel M. Trayner of U.S. District Court for the District of North Dakota stayed his summary judgement until the Fed has an opportunity to appeal the decision to the U.S. Circuit Court for the Eighth Circuit in St. Louis.
New U.S. Payments Forum resources aim to strengthen mobile, contactless security
Thursday, August 07, 2025
As mobile commerce continues to surge, projected to reach $4.01 trillion and represent 59 percent of total retail ecommerce sales by 2025, industry leaders are placing heightened focus on digital payment security. In response, the U.S. Payments Forum released two new resources aimed at bolstering defenses against fraud and improving the resilience of mobile and contactless payments.
PayPal moves to mainstream crypto payments
Tuesday, August 05, 2025
PayPal is rolling out Pay with Crypto, which the company claims will simplify cross-border commerce for merchants by connecting a combination of cryptocurrencies, digital wallets and merchants worldwide, and slashing transaction fees by up to 90 percent vis-à-vis cross border credit card payment fees.
Fiserv in the hot seat
Friday, August 01, 2025
A group of investors is suing the payment processing giant Fiserv and key executives over what they allege was a sleight of hand to pump up revenues from its Clover POS system in violation of the Securities and Exchange Act.