Cloud-based point-of-sale system provider Toast Inc. has issued updates for its Toast Order & Pay services designed to smooth the ordering and payment aspects. Announced Tuesday, the updates include the ability to gain a pre-authorization against a credit or debit card using the diner’s own device. Boston-based Toast also made …
Read More »Eye on Retail: Forter’s Anti-Fraud Tools; Mastercard’s 26.3% Retail Sales Increase
Forter Ltd., a specialist in online-fraud prevention, says merchants using the Magento e-commerce platform now have access to its services. Meanwhile, Mastercard Inc. says total U.S. retail sales increased 26.3% in March from March 2020. Online retailers using Adobe Inc.’s Magento platform can use a Magento plugin to ease the …
Read More »CardFlight Extends Its Reach Via Global Payments, While Small Business Sales Rebound
CardFlight Inc. has struck a deal with processor Global Payments Inc. that will see CardFlight’s SwipeSimple point-of-sale technology added to Global’s indirect sales channels. Atlanta-based Global says adding SwipeSimple to its wholesale product lineup will give its independent sales partners an omnichannel payment option. SwipeSimple supports contactless payments, EMV dipped, …
Read More »A Year After Adding Payment by Text Capability, Podium Launches Card Readers
Podium Corp Inc., a communications and payments provider, is adding card readers to enable face-to-face payments as well as remote payments. Announced Monday, the reader accepts EMV, magnetic stripe, and contactless payments. Podium did not say when the readers will be available or disclose their cost. Podium’s primary payment method …
Read More »Eye on BNPL: Afterpay Promo Drives 35% Customer Increase And Paidy Raises $120 Million
Buy now, pay later provider Afterpay Ltd. reported its bi-annual Afterpay Day sale, the first to include brick-and-mortar merchants, generated a 35% increase in new active users and sent 6 million referrals to merchants around the world from the company’s Shop Directory. Eighty-six percent of the transactions made that day, …
Read More »Paay And OpenPath Prep a Universal 3-D Secure Service
As criminals continue to target e-commerce transactions, online retailers are tasked with employing advanced methods to thwart them. Paay LLC, an authentication-services provider, and OpenPath Inc., an Irvine, Calif.-based payment-services company, are developing a universal 3-D Secure plugin to help with that. Slated to be available in the second half …
Read More »As Payments Firms Eye Venues, Reds Pay Comes to Great American Ball Park
Great American Ball Park, home of Major League Baseball’s Cincinnati Reds, will offer a contactless mobile payment service called Reds Pay this baseball season. Reds Pay uses a white-label service from Tappit, a United Kingdom-based payments-technology company. April 1 is the opening day for MLB games. Major League Baseball’s San …
Read More »Soaring Levels of Tap-and-Pay Transactions Will Stick in Post-Covid Times, CardFlight Predicts
Contactless payments at small businesses served by point-of-sale technology provider CardFlight Inc. soared 296% in the past year, according to the payments provider’s latest Small Business Report. The report, initiated a year ago at the start of the Covid-19 pandemic, also found that overall sales at small businesses increased 56% …
Read More »Debit Use And Contactless Payments Are up After a Year of Covid, PSCU Notes
Debit is the most preferred payment option among consumers and contactless payments have doubled in the year since the declaration of the Covid-19 pandemic. That’s the assessment from the “Tracking Transaction Trends” report for the week ending March 7 from PSCU, a credit union service organization. Debit card spend for …
Read More »A Sneak Peek From Visa Shows U.S. Debit Volume Growth Continues As Credit Volume Dips
Visa Inc. said U.S. debit volume increased 31% in January and 16% in February over the comparable 2020 months, while its credit volume dipped 6% and 8%, respectively. In an 8-K filing, Visa, which did not release actual volume data, said for the quarter to date overall U.S. payments volume …
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