News

August, 2024

• 6 August

  How FIS Is Banking on Bank Sales Post Worldpay

  

  FIS Inc. isn’t quite the factor in merchant processing it once was, but the big Jacksonville, Fla.-based processor remains a significant factor in digital payments, specifically for banks, its top management was at pains to stress early Tuesday as the company reported its second-quarter results. “We’re very pleased with our …
• 6 August

  Walgreens Adds Instacart Online SNAP and other Digital Transactions News briefs from 8/6/24

  

  Drug store chain Walgreens announced it is enabling online SNAP/EBT payment acceptance via Instacart nationwide at more than 7,500 Walgreens stores, including more than 100 Duane Reade stores in New York. Most Walgreens locations already accept SNAP/EBT payments in store. Walgreens also added DoorDash Inc.’s SNAP/EBT acceptance earlier this year. In related news, Instacart also announced …
• 5 August

  Bitcoin Depot Expands Its Merchant Network And Exceeds 8,000 Bitcoin ATMs

  

  Bitcoin Depot Inc. has added more than 1,500 merchants across six more states to its BDCheckout program, which allows consumers to load cash into their Bitcoin Depot wallets at participating merchants. The expansion brings the number of BDCheckout merchants to 7,723 in 31 states. The new states into which Bitcoin …
• 5 August

  Fiserv’s Small Business Index Improves in July But Restaurants Lag

  

  Major payments providers have focused in recent years on signing and providing devices and services for restaurants, but that big bet may be taking at least a temporary beating, according to the latest Small Business Index from the big processor Fiserv Inc. The overall index, which is derived from Milwaukee-based …
• 5 August

  NAB Rebrands as North and other Digital Transactions News briefs from 8/5/24

  

  Payments provider North American Bancard has rebranded as North. The independent sales organization, which debuted in 1992, said North is emblematic of upward movement. Its values, business strategy, and merchant commitment stay the same, North said in a blog post.  Nuvei Corp. said it will acquire Pay2All Instituição de Pagamento Ltda., a …
• 2 August

  Eye on POS Technology: Grocer Adopts Instacart Smart Cart; Stinker Picks NCR Voyix

  

  Another grocery chain is adding Caper smart shopping carts to its store, Instacart announced. Meanwhile, convenience-store chain Stinker Stores has adopted point-of-sale technology from NCR Voyix. San Francisco-based Instacart says Davis Food & Drug, which operates three stores in Utah, will replace most of its traditional shopping carts with Caper …
• 2 August

  Dorsey Puts Afterpay’s Molnar in Charge of Block’s Cross-Company Sales to Kickstart Growth

  

  Block Inc.’s top management late Thursday said the company’s focus for the remainder of the calendar year is on enhancing its go-to-market strategy. That means improving sales, boosting partnerships, sharpening marketing, and product innovation, Block chief executive Jack Dorsey said during the company’s 2024 second-quarter earnings call. Dorsey lost no …
• 2 August

  Bharcap Invests in EMS and other Digital Transactions News briefs from 8/2/24

  

  Bharcap Partners LLC has made an unspecified majority investment in payments provider Electronic Merchant Systems, which processes roughly $6 billion in volume annually for 25,000 merchants across the country. The company was formerly majority-owned by founder Jim Weiland. Rentec Direct, whose software enables landlords to process rent payments and automate other …
• 1 August

  Chase Expands Its Partnership With DoorDash to Include Non-Restaurant Merchants

  

  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 …
• 1 August

  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 …