With 29 days until Major League Baseball’s opening day on March 28, the New York Yankees have selected Shift4 Payments Inc. as the team’s concessions and retail sales point-of-sale system provider. Announced Wednesday, the deal will see Shift4 payment technology deployed at Yankee Stadium and at the George M. Steinbrenner …

A new fast-food and beverage concept called CosMc’s is using the Xenial cloud-based point-of-sale system from Global Payments Inc. CosMc’s is a beverage-first restaurant developed by McDonald’s Corp. with one location so far. Xenial, a Global Payments company, supplies it enterprise-level POS system to CosMc’s. Xenial was originally part of …

When it comes to online checkout, consumers like using digital wallets. Seventy-two percent of them value digital-payment tools like digital wallets to make the online checkout easier, says Paze in its inaugural Paze Pulse report. Paze is an upcoming digital wallet from Early Warning Services LLC. Backed by seven large …

Capital One Financial Corp. may be on the brink of acquiring Discover Financial Services, if two news reports are accurate. The Wall Street Journal and Bloomberg.com separately reported on Monday a deal between the two credit card juggernauts is in the offing, with The Journal reporting an announcement could come …

Restaurant point-of-sale specialist Lavu Inc. notes more than 1 billion orders have been placed on its POS platform. This comes as Lavu starts a restaurant advertising program featuring billboard advertising. Lavu, which debuted with an iOS app in 2010, now has customers in 65 countries. The billboard program, however, harkens …

Volume for automated clearing house transactions cleared and settled on the same day they’re initiated increased 22.3% in 2023, signaling the embrace of same-day ACH by the payments industry, Nacha says. Same-day processing was launched nearly eight years ago. Nacha, a rulemaker for the ACH network, says overall ACH volume …

E-commerce platform Radial Inc. is giving its merchants a new payment option that bypasses traditional credit and debit card payments and instead relies on account-to-account transfers. Dubbed Pay by Bank, the service was developed by Link Financial Technologies Inc., which does business as Link Money, an open-banking platform. King of …

Just as Visa Inc. is expanding its Commercial Pay service to the Latin American and Caribbean region, it is making virtual card issuance for its commercial card clients a reality. Visa says Commercial Pay clients, which have access to a host of B2B payment services, now can add virtual corporate …

J.P. Morgan Payments sees the future of electronic commerce as one pipeline accessed by consumers across channels. Its role in that scenario is outlined by the debut earlier this year of what it calls a full-stack omnichannel service, one that offers in-store, online, and mobile checkout capabilities. “We realized merchants …

Credit union service organization PSCU/Co-op Solutions released its buy now, pay later service to credit unions, enabling their cardholders to make installment payments on their card-based purchases. PSCU/Co-op, which merged Jan. 1, says cardholders whose credit unions enroll in the service can choose qualifying transactions to pay back in installments. …