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Consumers shopping at seven Whole Foods Market locations in Austin, Texas, New York City, Florida, and the San Francisco Bay area now can use their Square Wallet apps to pay for merchandise inside the stores. Whole Foods and Square Inc. are installing Square Register-equipped iPads on Square Stands inside these …
Read More »ISOs Hone Their Tablet-based Point-of-Sale Products
Up Solutions, the cloud-based point-of-sale division of United Merchant Services Inc., has set its Up Tab restaurant POS system at zero cost for resellers, the company announced today. Separately, Harbortouch has updated its POS Sales Center iPad app with new functions. Comprising an Android-based tablet, stand, printer, card reader, and …
Read More »As EMV Comes to the U.S. Market, Canada’s NBS Buys Terminal Maker Equinox
Equinox Payments LLC has a new owner. In a bid to strengthen its hand in the market for EMV gear in the United States, NBS Payment Solutions Inc. announced late Thursday it bought the Scottsdale, Ariz.-based payment-terminal maker for an undisclosed amount from the private-equity investment firm Gores Group LLC. …
Read More »AmEx Ramps Up Effort To Sign Small Merchants With Its OptBlue Program
American Express Co. is stepping up its campaign to add small merchants to its acceptance base with a program called OptBlue that gives partner merchant acquirers a greater role than they had with an older program called OnePoint. AmEx started testing OptBlue late last year and revealed details about it …
Read More »Paydiant Expects Another Big Retailer To Debut Its Mobile Payment App Soon
Another large retailer, with as many as 100,000 locations, will begin using a mobile payments app developed by Paydiant Inc. within the next few weeks, Jed Rice, senior vice president of business development, told attendees at the Northeast Acquirers Association conference last week in West Dover, Vt. n He also …
Read More »Alleging Deceptive Pricing Tactics Lured Away Merchants, Heartland Sues Mercury
Heartland Payment Systems Inc. on Wednesday filed a federal lawsuit against Mercury Payment Systems LLC alleging deceptive pricing by Mercury allowed it to lure scores of merchants away from Heartland and attract prospects to Mercury that had been weighing the two companies for payment-processing services. Heartland’s suit, filed in U.S. …
Read More »PayPros Deal Supports Global’s Strategy, But Not at Expense of ISOs, Company Says
Global Payments Inc.’s $420 million deal to buy integrated payments-software maker Payment Processing Inc., or PayPros, is furthering its strategy as the payment processor looks to grow its direct sales, says a Global Payments spokeswoman. Atlanta-based Global Payments announced the deal Friday to buy the Newark, Calif.-based PayPros, which …
Read More »EBay Boss Donahoe Issues a Strong Rebuff to Raider Icahn’s Call for a PayPal Spinoff
The board of directors of eBay Inc. is “unified” in opposing a proposal from famed activist investor Carl Icahn that the company spin off its PayPal Inc. unit, eBay chief executive John Donahoe told analysts Wednesday afternoon. Calling the proposed separation a “distraction” coming just as eBay is trying to …
Read More »Rapidly Expanding Online Merchant Base Could Give Shopify an Edge in Mobile Battle
Shopify Inc.’s recent move to offer its merchants a mobile point-of-sale application marks yet another entry in a market that has filled up fast with competitors ranging from PayPal Inc. to Square Inc. and dozens in between. “You would think we’d reached everybody [with mobile POS products], but we haven’t,” …
Read More »With Marijuana Sales Now Legal in Colorado, Will the Smoke Clear on Pot Payments?
The smoke seemed to clear a bit this week on the status of electronic payments for Colorado shops selling now-legal recreational marijuana, but the nascent merchant category still remains in what effectively is a legal no man’s land between conflicting state and federal laws. Some 20 states and the District …
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