News From the Wire

02:33:33 (UTC) 05-16-2026

PhotonPay completes its first live agentic payment together with Mastercard

19:01:29 (UTC) 05-15-2026

REPAY announces inducement award grants for Matt Morrow

18:57:36 (UTC) 05-15-2026

Moon Inc. taps BitGo to scale bitcoin-powered card products across Asia

18:56:10 (UTC) 05-15-2026

ACI Worldwide, Security Bank Philippines set new benchmark for payments modernization

18:53:45 (UTC) 05-15-2026

Tourism Authority of Thailand leveraging Alipay+ AI solutions to transform travel

18:51:54 (UTC) 05-15-2026

NatWest, Endava partner to drive merchant payments business forward

18:49:02 (UTC) 05-15-2026

Datavault AI reports on Q1 2026 tokenization adoption, infrastructure progress

18:46:48 (UTC) 05-15-2026

Experian expands agent trust partner ecosystem with Akamai



Breaking News

Friday, May 15, 2026

Despite rise of digital options, cash usage continues unabated

Consumers still like to pay with cash, about one in seven times a month, despite the proliferation of digital options. This is according to the Federal Reserve's recently released 2026 Diary of Consumer Payment Choice.

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Online Edition – Issue 26:05:01

Combatting fraud in the age of AI

Cyber-enabled crimes defrauded Americans of nearly $21 billion in 2025, with cryptocurrency and artificial intelligence-related complaints among the costliest, according to the latest data from the FBI. The bureau reported that AI accounted for 22,364 complaints it received last year, costing Americans nearly $893 million.

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Our flipbook edition

Community Voices

This week's featured contributor:

PAX

PAX

PAX Technology Inc., an electronic payment solutions provider, has placed 60 million terminals located in over 120 countries. As a leading manufacturer of payment solutions, PAX is committed to delivering innovative, high-quality and secure payment solutions to businesses, large and small, worldwide.

Merchant Sales Podcast

Merchant Sales Podcast

James Shephard & Patti Murphy

May 16th, 2026

How Does Payment Processing Work?

In this replay episode of the Merchant Sales Podcast, James Shepherd revisits one of our foundational conversations: What is payment processing? James delivers a straightforward, easy-to-understand explanation of how credit card processing works, covering the basics of authorization and settlement, along with the roles of processors, acquirers, and merchant accounts.

Whether you're new to payments or just need a refresher, this episode is a great starting point for understanding the moving parts behind every transaction and how they connect to merchant sales. To hear this week’s latest edition of Today in Payments with Patti Murphy, be sure to tune into the audio version of the podcast.

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Company profile from GS260401

Meet the dual-pricing originators

Established in 1989, incorporated in 1991 and reincorporated in 2004, MBNCARD continues to grow and expand, led by original founder and owner, Jerry Cain. Guided by his vision to balance quality with affordability, driven by customer service, MBN is now seen as the gold standard in merchant card services and payment processing solutions. 

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Company Profile list

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