Competitive Strategies

Point-of-sale technology for the ultra-competitive restaurant market gained even more momentum Monday as several key players unveiled new solutions. The announcements were in conjunction with the annual National Restaurant Association show taking place in Chicago. Digital-commerce technology platform NCR Voyix Corp., formerly NCR Corp., introduced its Aloha Pay-At-Table technology, an …

Point-of-sale technology provider Verifone will integrate self-checkout technology from Mashgin in its Verifone Commander system at approximately 50,000 convenience stores, said to be roughly 40% of all U.S. c-stores. Zelis, a technology provider for health care, launched its Zelis Advanced Payments Platform to handle claims payments for health insurers. The Western Union …

Point-of-sale technology provider MagTek Inc. said it has worked with KwikPOS, a developer of POS systems for restaurants, to develop a handheld device that links to MagTek’s gateway and uses the company’s mobile card reader. Tassat Group Inc., a real-time settlement platform based on blockchain technology, announced it will work with cross-border …

Digital-commerce technology provider NCR Voyix Corp., formerly part of NCR Corp., has partnered with self-ordering software provider GRUBBRR to introduce a new ordering kiosk for restaurants. The kiosk, which integrates with NCR Voyix’s commerce platform, was developed as a response to consumers’ growing preference for self-service ordering, the company says. …

Visa Inc. is taking up the notion of a digital payment identity and making it part of its product mix. Announced Wednesday at the Visa Payments Forum in San Francisco, the Visa Flexible Credential is but one of several products the payments network formally debuted, including broader tap-to-pay capabilities, a …

The U.S. Supreme Court early Thursday upheld the constitutionality of the Consumer Financial Protection Bureau by a 7-2 vote, reversing an October 2022 ruling by a federal appeals court in New Orleans that had held the means by which the bureau is funded violates the U.S. Constitution. The CFPB, created in 2008, receives its …

The big processor Worldline S.A. is working with Visa Inc. to launch a virtual business-to-business card-issuing facility for online travel agencies. The deal marks the first foray for Paris-based Worldline beyond payment processing.  The partnership will integrate Worldline’s Merchant Services Acceptance capabilities with its Financial Services Card issuing platform to …

With an eye to making it easier for consumers to pay how they want, Booksy Inc., a booking platform for beauty-service appointments, is adding Tap to Pay on iPhone as an option. The contactless payment method enables consumers to use their contactless credit or debit cards, or an iPhone with …

Paysafe Ltd. wants to do more to sign merchants directly, and to that end it’s hiring salespeople—lots of them. The London-based merchant processor, which has a big operation in North America and aspirations for a larger one, hired 55 salespeople in the first quarter and plans to add 170 in …

Block Inc.’s Square point-of-sale technology unit announced a slew of restaurant initiatives, including a link with distributor Performance Foodservice to market Square to 125,000 U.S. and Canada-based clients; integrations with dining-technology providers; links to restaurant associations in Illinois, California, and New York state; and a recommendation engine based on machine learning. Square …