Tuesday , February 11, 2025

Acquiring

Eye on mPOS: Click a Waiter Debuts White Label POS; Aspex Lands Frontier Airlines

Two mobile point-of-sale system providers are doing their part in the proliferation of such systems with the release of Click a Waiter Inc.’s white-label POS system and Aspex LLC’s deal with Frontier Airlines to provide an onboard POS system. Leominster, Mass.-based Click a Waiter Tuesday released a white-label version of …

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A Dearth of Referrals Should Prompt ISOs to Rethink Merchant Approach, Expert Says

  Most businesses thrive on referrals from existing clients, but acquirers and independent sales organizations get a surprisingly paltry number of referrals from the merchants they process for. In fact, fewer than 1% of merchants refer other merchants to their transaction servicer, even in the face of rewards such as …

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Bitcoin Out at Microsoft’s Windows Store and other Digital Transactions News briefs

• Dissident shareholder Harvest Capital Strategies LLC, owner of 7.8% of prepaid card provider Green Dot Corp., nominated three director candidates for election at Green Dot’s upcoming annual shareholder meeting. Green Dot issued a statement saying it had recently offered Harvest Capital the opportunity to appoint one director immediately and …

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Jet Capital Picks Integrity Payment Systems and other Digital Transactions News briefs

• Merchant processor Heartland Payment Systems Inc. announced an integration of its Portico Gateway with Computop Paygate in an arrangement that will give Heartland merchants access to international payments. Heartland is set to be acquired this spring by Global Payments Inc. in a $4.3 billion cash-and-stock deal announced in December. …

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Visa Checkout Button Updated and other Digital Transactions News briefs

• Visa Inc. unveiled a new interactive button for its Visa Checkout online and mobile commerce service that allows shoppers to complete an online purchase by sliding a virtual image of their credit, debit or prepaid card across the screen of a smart phone, tablet, or laptop. • Visa will have its …

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Gift Card Provider SVM Buys 1to1 Card and other Digital Transactions News briefs

• In-store mobile payments made with wallets enabled with near-field communication will total nearly $240 billion worldwide by 2021 as mobile-wallet competition intensifies and the contactless-payment infrastructure matures, predicts researcher Strategy Analytics. • Closed-loop gift card provider SVM LP acquired 1to1 Card, a prepaid card management-services firm for incentive, loyalty and …

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VeriFone’s U.S. EMV Focus Shifts From Large Retailers to Other Merchant Sectors

Multilane retailers provided much of the revenue lift that payment-acceptance hardware and software provider VeriFone Systems Inc. has enjoyed for the past couple of years as the U.S. prepped for the Oct. 1, 2015, EMV liability shift, but many of the big retailers have now completed their EMV purchases. Yet …

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Pamela Joseph Named TSYS President and other Digital Transactions News briefs

• The nation’s movement toward faster payments took a step forward with Early Warning LLC’s announcement that it is now processing real-time peer-to-peer payments for Bank of America Corp. and U.S. Bancorp. Customers of these banks can send payments via mobile or online banking apps to other customers of either …

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In Its First Earnings Report, Square Says Product Breadth Will Aid its Financial Fortunes

Processor Square Inc. expects its strategy of providing what it calls a “cohesive” set of services to merchants will aid its efforts to reach profitability, the company reported Wednesday in its first-ever earnings result since becoming a publicly-traded company. It reported earnings for the fourth quarter and all of 2015. …

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Jack Henry Supports New TCH Network and Other Digital Transactions News Briefs

• Processor Jack Henry & Associates Inc. said its JHA Payment Solutions unit will hook into the The Clearing House Payment Co.’s pending real-time payment system, which could bring 6,300 banks and credit unions served by Jack Henry into the new network. • Digital Check Corp. launched two products this …

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Digital Transactions