Chase, the banking arm of JPMorgan Chase & Co., has expanded its relationship with third-party delivery service DoorDash Inc. to non-restaurant merchants. The deal will enable Chase Sapphire and other eligible Chase cardholders to receive recurring benefits on orders from more than 150,000 grocery, convenience, and non-restaurant stores in the …
Read More »Eye on Point of Sale: Paris Baguette Enlists Olo for Online Ordering; Elo Debuts 22-Inch Kiosk
As bakery chain Paris Baguette refreshes its rewards program and its mobile app, its online-ordering process has also been updated with help from Olo Inc. In related news, Elo Touch Solutions Inc. releases a 22-inch contactless payment-enabled device. Moonachie, N.J.-based Paris Baguette, which has 160 U.S. locations, according to its …
Read More »Helper Bees Pick Lynx for Card Program and other Digital Transactions News briefs from 8/1/24
An in-home services company called The Helper Bees has launched a benefit card that allows members to spend benefits at more than 60,000 retail locations, including drugstores and grocery chains. Duda, a Web site developer, said its e-commerce technology has integrated with Block Inc.’s Square platform, a move it says will allow …
Read More »PayPal’s New CEO Looks to New Checkout Flows As the Company Plays a ‘Long Game’
When Alex Chriss took over in September as PayPal’s chief executive, he promised to shake up what he saw as a complacent payments engine. Now, the company is starting to see some tangible results from Chriss’s moves, though the new boss isn’t entirely satisfied. “We know there is much more …
Read More »The Nuances of Surcharging And Cash Discounting Draw Many Questions From VARs and ISVs
Value-added resellers and independent software vendors enticed by the attractiveness of surcharging and cash-discount programs find there’s no one-size-fits-all approach for enrolling merchants. Questions about the programs abound at RetailNow 2024, the annual conference sponsored by the Retail Solutions Providers Association and in progress this week in Las Vegas. The …
Read More »DinerDaddy Turns to MagTek and other Digital Transactions News briefs from 7/30/24
DinerDaddy, technology provider to restaurants, has adopted MagTek’s Magensa Gateway Services and the company’s iDynamo 6 mobile terminal, MagTek announced. A survey of almost 1,000 IT security professionals in the U.S., U.K., French, and German markets indicates 83% were hit with ransomware attacks in the past year, with “a high …
Read More »Stripe Partners With Fifth Third to Expand Embedded Payments And Acquires Processor Squeezy
Stripe Inc. has partnered with Newline by Fifth Third, a provider of embedded payments from Fifth Third Bank, to expand embedded financial services for Stripe’s platform users and their customers. Newline by Fifth Third’s API-based platform allows businesses to launch and scale payment, card, and deposit products directly with Fifth …
Read More »Real Time for Wallets and other Digital Transactions News briefs from 7/29/24
AppBrilliance said it is extending real-time payments to funding of closed-loop digital wallets via a recent rule change by The Clearing House Payments Co. The move will allow providers such as Starbucks, Dunkin’, and Chick-fil-A to use real-time rails for their proprietary wallets, the company says. ZeroTier, which provides connectivity between …
Read More »The CFPB Takes Aim At Processors’ Fees for School Lunches
The Consumer Financial Protection Bureau has issued a report highlighting what the agency calls “junk fees” charged by processors when parents add money to students’ school-lunch accounts. Such fees cost families upwards of $100 million a year, according to the CFPB. In its study, the CFPB found that, on average, …
Read More »How Acquirers Prepare for AI’s Utility in Retention and More
Artificial intelligence tools may still be in development, but their utility for acquirers is quickly becoming apparent. “A lot of people think it’s a ‘nice to have,’ but it’s no longer a ‘nice to have,’” Sebastian Builes, cofounder and chief executive at Arcum, a merchant-retention firm that uses AI, told …
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