With more than 100 million U.S. consumers expected to choose a buy now, pay later payment option by 2027, according to eMarketer Inc., BNPL providers are preparing better underwriting and new services as the payment option is further cemented in the U.S. payments economy. Affirm Holdings Inc. says its underwriting …
Read More »CleverQ Taps MagTek in Authentication Boost, While MagTek Notes Several Similar Moves
MagTek Inc., a point-of-sale equipment and security provider, starts 2026 with four partnerships. First, it is pairing with cleverQ, an independent software vendor specializing in queuing and appointment software that will use MagTek’s Qwantum Multifactor Authentication product for its secure identity verification process. With this integration, cleverQ can verify visitors …
Read More »Eye on POS: MagTek Adds Tap to Pay on iPhone; Elo’s Readies Wallaby Self-Checkout Platform
MagTek Inc. is the latest point-of-sale equipment maker to make Tap to Pay on iPhone available on its devices. And, Elo will preview its new self-checkout platform, Wallaby SCO. Seal Beach, Calif.-based MagTek says the contactless payment service Tap to Pay on iPhone is now available through its iOS Virtual …
Read More »Eye on POS: Clover’s Biometric Move; NCR Voyix Readies Applications Suite
Clover, the point-of-sale system from Fiserv Inc., is embarking on an identity-based utility with an integration with biometric-payments company Wink. Announced Wednesday, the integration involves much Clover POS equipment to accept biometric authentication to complete a transaction. Fiserv says the integration with Plano, Texas-based Wink is initially available to quick-service …
Read More »Fiserv’s December Index Notes a Modest Increase in Small Business Sales
Days after the end of the 2025 holiday shopping season, Fiserv Inc. notes modest gains in its monthly Small Business Index, with a one-point increase to 144 in December from November. Fiserv notes consumers shopping at small businesses tended to focus on the essentials and selective discretionary spending. That slight …
Read More »Eye on AI: Worldpay Adds AI Safeguards; Pushpay’s Approach to AI
[Aug. 14] As artificial intelligence use builds in the commercial world, its manifestations in consumer-facing payments applications continue to emerge. The latest developments include processor Worldpay using Trulioo’s identity technology for AI-enabled measures in agentic commerce and Pushpay’s introduction of AI tools for ministry leaders. Worldpay, which is expected to be …
Read More »Gift Card Demand Is Poised to Increase This Holiday Season
[Aug. 15] The percentage of consumers purchasing gift cards has gone up and is expected to increase yet more this year, finds a new report Bank of America Corp. commissioned from TSG, a payments advisory firm. The report found that 38% of respondents purchased a digital gift card in 2024, up …
Read More »Eye on POS: ParTech’s 44% Revenue Bump; SoundHound AI’s Three-Fold Growth
[Aug. 8] Separate efforts by Par Technology Corp. and SoundHound AI Inc. to boost their wins, especially among restaurant clients, appear to be paying off, if their latest earnings are indicators. ParTech, based in New Hartford, N.Y., is coming off its $132-million acquisition in January of Delaget LLC, a platform …
Read More »Yeeld’s Online Surcharging Program Debuts
[Aug. 13] Six months after issuing an API code to enable surcharging for online transactions, Chicago-based Yeeld released YeeldPay, its surcharging program for merchants. Yeeld says YeeldPay is a no-code payment page that provides merchants across the United States with a compliant surcharging program that, because it uses the Yeeld Surcharging …
Read More »J.P. Morgan Payments Opts for Proprietary POS Terminals
[Jan. 13] J.P. Morgan Payments, the payments arm of banking giant JPMorgan Chase & Co., is blazing its own path with two new payment terminals, both proprietary to the payment service. Announced Monday, the J.P. Morgan Paypad and Pinpad integrate in-store biometric authentication with payment acceptance. The point-of-sale devices are …
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