Wednesday , September 18, 2024

Search Results for: Lightspeed Commerce

Lightspeed Leverages a Single Platform That Enables POS And E-Commerce Payment Channels

Lightspeed Commerce Inc. early Thursday announced the launch of Lightspeed Retail. The new platform, which pulls features from platforms of other companies the Montreal-based processor has acquired, combines point-of-sale, payments, and e-commerce solutions.  The platform also leverages so-called headless commerce technology, which is an e-commerce architecture where front-end applications are decoupled …

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Eye on POS Systems: Lightspeed Adds E-Commerce Features and Revel Augments Online Ordering and Other Features

In the wake of Covid-19, merchants continue to see more features added to cloud-based point-of-sale systems. In the latest updates, Lightspeed POS Inc. introduced on Tuesday new e-commerce services, including shipping, curbside pick-up, and appointment setting. And Revel Systems Inc. has refined its online ordering and order-pickup management. First up, …

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Lightspeed’s New Data Tool and other Digital Transactions News briefs from 8/14/24

Lightspeed Commerce, a specialist in hospitality payments, launched Retail Insights, a data service for merchants. Shift4 Payments Inc. announced it will process all ticket sales and foodservice payments at Gainbridge Fieldhouse in Indianapolis, the arena for the Indiana Pacers of the National Basketball Association. U.S.-based fintech software firm OMNIQ Corp. said …

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Lightspeed Lines up US Foods Referral Channel and other Digital Transactions News briefs from 8/9/24

Lightspeed Commerce Inc. announced it is working with US Foods Holding Corp., a large foodservice distributor, to sell Lightspeed’s payments technology for restaurants in the U.S. market. Embedded payments provider i3 Verticals Inc. reported $56 million in fiscal third-quarter revenue, down 2.3% from $57.3 million year-over-year. Its net loss increased to $8.3 million …

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Eye On Restaurants: NCR Voyix Launches a Self-Service Kiosk; Lightspeed’s Q4 earnings

Digital-commerce technology provider NCR Voyix Corp., formerly part of NCR Corp., has partnered with self-ordering software provider GRUBBRR to introduce a new ordering kiosk for restaurants. The kiosk, which integrates with NCR Voyix’s commerce platform, was developed as a response to consumers’ growing preference for self-service ordering, the company says. …

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Lightspeed Tees up in Myrtle Beach and other Digital Transactions News briefs from 5/9/24

Lightspeed Commerce Inc. announced it is supplying payments capability for the Myrtle Beach Area Golf Course Owners Association in South Carolina, which includes more than 70 golf courses. The Western Union Co. resumed service between the United States and Cuba after technical issues in January disrupted it. Payments provider Priority Technology Holdings Inc. reported $205.7 million …

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Lightspeed Makes Layoffs and other Digital Transactions News briefs from 4/3/24

Canada-based payments processor Lightspeed Commerce Inc. announced it will reduce its headcount by roughly 10%, or 280 jobs, and make other spending cuts in operations and facilities, in a cost-cutting initiative it expects to complete by the end of June. The company has not had a profitable year since going public in …

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Lightspeed Loss Narrows And Other Digital Transactions News briefs from 2/8/24

Payments provider Lightspeed Commerce Inc. reported December-quarter revenue of $239.7 million, up 27% year-over-year. The company narrowed its net loss to $40.2 million from $814.8 million a year ago. Payments platform FleetCor Technologies Inc. reported December-quarter revenue of $937.3 million, up 6% year-over-year. Net income rose 6% to $255.9 million. For full-year 2023, revenue …

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Digital Transactions