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IndustryUpdate

customer experience. Barriers include fraud fears, tech- promote digital public infrastructure, strengthening the
nical complexity and low consumer demand. Adoption program’s global reach and enabling more countries to
varies by region and sector, with retail and healthcare implement effective, inclusive payment solutions.
leading, while real estate and legal services lag, research-
ers found. TPA called for clearer terminology, targeted Verifone, PagBrasil launch Pix Payment solution
education and stronger regulation to support broader
A2A payment adoption. PagBrasil and Verifone launched International Pix, stat-
ing it is a first-of-its-kind solution enabling Brazilian
tourists to pay in Brazilian reais using Pix while shop-
PARTNERSHIPS ping in the United States. The service allows real-time,
low-cost, chargeback-free payments via Verifone ter-
Bluefin, Allied gain PCI‑validated P2PE integration minals without system upgrades, the partners noted.
With Pix, used by 160 million Brazilians and 1.9 mil-
Bluefin partnered with Allied Electronics to integrate its lion Brazilians visiting the U.S. annually, they added,
PCI-validated point-to-point encryption (P2PE) solution, merchants in high-tourism areas like Florida and New
Decryptx, into Allied’s NeXGen PRIME forecourt con- York can attract more customers and increase revenue.
troller platform. This integration enhances security by The partnership is also designed to position retailers to
encrypting payment data at fuel dispensers and in-store benefit from the 2026 FIFA World Cup tourism surge,
terminals, protecting it through Bluefin’s secure decryp- offering Brazilian shoppers a familiar in-store experience
tion environment, the partners stated. The collaboration while reducing costs for U.S. merchants.
helps retailers meet PCI DSS compliance, reduce cyber
risk and boost consumer trust, they added. Allied, a ACQUISITIONS
leader in forecourt automation with over 52,000 devices
deployed globally, said it supports more than 500
sites with this joint solution. The partnership combines Coda expands with Recharge acquisition
Allied’s automation innovation with Bluefin’s payment
security expertise to deliver a secure, future-ready expe- Coda, a Singapore-based expert in digital content moneti-
rience, the partners added. zation, is acquiring Amsterdam-based prepaid platform
Recharge. The merger combines Coda’s B2B strength
Cashflows, GoCardless aim to and global reach with Recharge’s direct-to-consumer
transform business payouts expertise and European presence, Coda stated. Together,
they aim to lead the global digital content economy,
Cashflows partnered with GoCardless to launch expanding across gaming, mobile, gift cards and life-
Cashflows Payouts, a real-time, account-to-account pay- style content. Based on 2024 figures, the combined entity
ment solution designed to simplify business disburse- expects to operate in over 180 markets, serve more than
ments. Created for sectors like gaming, insurance and 200 million customers and process $1.75 billion in sales.
competitions, the service enables instant, secure payouts Backed by major investors, the deal creates a scaled plat-
24/7, including weekends and holidays, via an intuitive form to better serve publishers, brands and consumers
self-service portal, Cashflows stated. Built with Cocoon’s through trusted, localized monetization and distribution
custom interface, the platform allows merchants to cre- solutions, Coda added.
ate payment requests, confirm recipient details using
confirmation of payee, and authorize payouts quickly, Monad Foundation acquires Portal
the partners stated, adding that optional ID verifica- The Monad Foundation acquired Portal Labs, creator of
tion adds an extra layer of security. This innovation, the a stablecoin wallet infrastructure platform, to expand its
partners affirmed, reduces manual processes, enhances Layer-1 blockchain’s payments capabilities. Portal CEO
operational efficiency, improves cash flow visibility, and Raj Parekh will join Monad as head of payments and sta-
boosts customer satisfaction. blecoins, bringing experience from Visa’s Global Crypto
Cenfri joins Mojaloop’s global partner program Product team. Portal will continue operating indepen-
dently, with its leadership team intact, to support web2
The Mojaloop Foundation welcomed Cenfri, a South and web3 businesses with stablecoin payment solutions.
Africa-based think tank focused on inclusive financial Integrating Portal’s infrastructure with Monad’s high-
growth, to its Global Partner Program, stating that throughput blockchain is expected to accelerate the
Cenfri’s expertise complements its mission to foster development of developer tools and broaden stablecoin
open, interoperable digital payment systems. The col- adoption. The move, Monad said, supports both organi-
laboration is expected to help advance inclusive instant zations’ missions to scale on-chain payments and make
payment systems in emerging markets. Cenfri will work stablecoin use seamless.
with Mojaloop platform adopters to develop sound
regulatory and policy frameworks that promote finan- Pavilion Payments acquires CasinoSoft
cial inclusion, innovation and consumer protection. The Pavilion Payments acquired CasinoSoft, a specialist in
partners intend to co-create tools, shape policies and
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