Oracle Corp. said restaurant chain Big Boy Restaurant Group LLC will adopt its Micros Simphony Cloud Point of Sale and Oracle Payment Cloud Service. Payments provider Paysafe Ltd. said it has expanded its processing services to sports betting in Ohio. The move follows on the heels of Paysafe’s entry in the Maryland sports-betting …
January, 2023
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17 January
Eye On Stadium Pay: Cheq’s First of Five Planned Deals; Shift4 Scores in Soccer
Cheq Inc. continues its expansion into the highly competitive market for in-stadium payments through a deal with the Sacramento Kings of the National Basketball Association. The agreement includes mobile ordering, social payments, and express kiosks at Golden 1 Center, the Kings’ home arena. The deal is the first of five …
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17 January
ACI Launches Its Instant Pay in the U.S. And Wallet Acceptance Internationally
ACI Worldwide Inc. early Tuesday announced it is offering a real-time payments service to U.S. merchants and launched a platform to ease acceptance of digital wallets for merchants in more than 70 countries. ACI Instant Pay is aimed at easing acceptance of online and mobile transactions, as well as payments …
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17 January
Lightspeed Lays Off 300 Staff And Other Digital Transactions News briefs from 1/17/23
Point-of-sale system maker Lightspeed Commerce Inc. said it will reorganize as it contends with a shifting economy. Among its actions are the elimination of 300 jobs, accounting for approximately 10% of its overall employees. The Consumer Financial Protection Bureau is considering regulations governing the fees providers charge for cross-border money wires, according to The Wall …
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16 January
Eye On BNPL: Splitit Teams With AliPay for Pay on Delivery; Klarna Partners With Ingenico
Splitit Payments Ltd., a white-label buy now, pay later provider, has partnered with AliPay to offer Splitit’s Pay After Delivery option to consumers shopping on the AliExpress e-commerce marketplace. Pay After Delivery allows consumers to make a purchase using a credit card, then pay for it after delivery. The payment …
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16 January
MagicCube Strikes Deals With Mobile Device Makers And Joins the PCI Council
For several years, MagicCube Inc. has worked to prove that merchants can safely and speedily accept card payments with no hardware other than an off-the-shelf mobile device. Now the Santa Clara, Calif.-based company has added a new wrinkle to its strategy: agreements with device vendors that make MagicCube’s iAccept the …
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16 January
Toshiba Pairs With PopID And Other Digital Transactions News briefs from 1/16/23
Retail-technology provider Toshiba has agreed to incorporate biometric identification technology from PopID into its point-of-sale and self-service devices running on Toshiba’s Elera Commerce Platform. PopID’s technology relies on facial-recognition software. Ingenico launched its Axium Retail Core capabilities for its Axium point-of-sale terminals that can ease integration efforts. Payments provider FreedomPay said it has integrated its services with the …
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13 January
Eye on Acquiring: FreedomPay Marks Moneris Integration; MagTek Readers Are Top Picks
FreedomPay Inc. said its payments services will soon be available to Canadian merchants serviced by Moneris Solutions Corp. Moneris expects the FreedomPay integration to be available mid-year. Toronto-based Moneris, one of the largest processors in Canada based on transaction volume, says the integration will give merchants more tools and choices. …
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12 January
Citcon Adds Klarna to Its Mobile Wallet
Citcon USA LLC is partnering with Klarna AB to add Klarna’s payment services to its mobile wallet for in-store and online purchases. The move expands to Citcon merchants Klarna’s Pay in 4 buy now, pay later loans, as well as Klarna Pay in 30 and other Klarna financing products. Consumers …
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12 January
How Netevia Seeks to Be ‘a Square for ISOs’
Payments platforms have worked for years to find the key to winning and keeping merchants while also holding on to independent sales organizations, the agents that are key to signing up merchants. Now Netevia Group LLC thinks it’s found that key in banking. “It’s a pretty simple strategy,” says Vlad …