Qu Pay Launches Amid Digital Payment Updates

Restaurant point-of-sale system maker Qu released Qu Pay, a service that combines payment processing, guest identity, order intelligence, and capital access into a single platform, with restaurant chain Roy Rogers among the first to adopt it.

The new platform is designed to provide a streamlined experience for restaurants and their customers.

Qu Pay’s launch is notable, as it aims to simplify various aspects of restaurant operations, from payment processing to guest management.

By integrating these services, Qu Pay may help restaurants reduce costs and improve efficiency.

They will depend on its adoption rate and user experience for success.

A recent survey found that 62% of U.S. stablecoin holders have converted their holdings back to dollars at least once due to lack of merchant acceptance.

This highlights the challenges faced by cryptocurrency holders in using their assets for everyday transactions, such as making online payments.

The findings suggest that there is still a long way to go in terms of increasing merchant acceptance of cryptocurrencies.

Meanwhile, a research study by Zip Co. Ltd. found that 68% of U.S. consumers used an artificial intelligence tool in the past three months.

Among these consumers, 66% used AI to compare products, brands, or services, demonstrating the growing role of AI in commerce.

E-commerce platform ESW has also announced the availability of ESW Agentic Commerce, which integrates with Microsoft Copilot, the company’s AI platform.

This development is expected to enhance the online shopping experience for consumers.

However, as AI becomes more prevalent in commerce, there may be concerns about data privacy and security.

One potential outcome could be more personalized and efficient shopping experiences, but it’s also important to consider the potential risks and challenges associated with this trend.

For instance, as AI-powered tools become more integrated into commerce platforms, there may be a need for increased transparency and regulation to ensure that consumer data is protected.

U.S. payments and embedded-finance company Mbanq has announced a marketing deal with United Kingdom-based soccer club Bradford City AFC.

Host cities for the recent FIFA World Cup 2026 in Canada, Mexico, and the United States saw a rise in cross-border transactions during the six-week tournament, according to data from Visa Inc.

Tap-to-pay transactions rose almost 12%, indicating a growing trend towards contactless payments.

Cordant, a data-monitoring platform for payments companies, has exited stealth with an $8-million seed-funding round co-led by Motive Partners and Oak HC/FT.

Payments provider Kurv has appointed Mark Alsentzer chief technology officer, which will help them with their sales process.

These developments reflect the ongoing evolution of the payments and finance industry, with a focus on innovation and technological advancement.