Thursday , January 9, 2025

Fee Cap Injunction Remains and other Digital Transactions News briefs from 12/10/24

  • Restaurant server tips averaged 18.8% in the third quarter, unchanged from the second quarter, according to data from Toast Inc.’s Q3 2024 Restaurant Trends Report. The research gathered data from approximately 127,000 locations served by the Toast payments platform.
  • Amazon.com Inc.’s Amazon Seller Central will integrate AI-based payments and financial-management tools from Intuit Inc. for use by Amazon sellers under a new agreement.
  • Cantaloupe Inc. has launched its Smart Store Series, self-service technology aimed at merchants such as food-and-beverage vendors.
  • The Southeastern Pennsylvania Transportation Authority has made a final plan to install 100 more fare gates at nine transit stations in the Philadelphia area. The technology, which helps combat fare evasion, comes from Conduent Transportation.
  • Blaze Solutions Inc. will provide point-of-sale and e-commerce payments technology for Happy Munkey, operator of two new cannabis dispensaries in New York City.
  • Through a partnership with LuLu Financial Holdings, U.S. digital-currency platform Circle Internet Group Inc. has expanded into the Middle East and Africa region with an incorporation in the Abu Dhabi global market.
  • Processor Nayax Ltd. will enable acceptance of Discover, Diners Club International, and network alliance cards at its payment devices throughout the Europe, Middle East, and Asia region under a new agreement with Discover Global Network.
  • Restaurant server tips averaged 18.8% in the third quarter, unchanged from the second quarter, according to data from Toast Inc.’s Q3 2024 Restaurant Trends Report. The research gathered data from approximately 127,000 locations served by the Toast payments platform.
  • Brethren Mutual Insurance Co. has adopted the ClaimsPay digital payment platform from One Inc.
  • Lightspeed Commerce Inc. said it is integrating its Lightspeed Retail commerce technology with a personnel-management platform from Homebase.

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