Point-of-sale

October, 2024

• 9 October

  Questions Arise Over How to Comply With Illinois’s Interchange Law

  

  With the national spotlight now shining on the Illinois Interchange Fee Prohibition Act, questions are being raised regarding merchants’ ability to comply with the law. The biggest challenge facing merchants will be separating tax and tips on credit or debit card transactions submitted to their card processor so they can …
• 9 October

  Square Finishes Its New Orders Platform While Square Partner PopMenu Looks to an AI Assist

  

  Block Inc.’s Square point-of-sale technology unit announced late Tuesday it completed development work on a new platform it says offers improvements in ordering and payments. According to the brief announcement, the new technology offerings will include capabilities such as pre-authorization of transactions and bar tabs “to sellers of all sizes …
• 8 October

  The Durbin Amendment Enters the Battle Over the Illinois Interchange Law

  

  Illinois Senator Dick Durbin is refuting claims by plaintiffs in the Illinois interchange lawsuit that federal banking laws, such as the Durbin Amendment, supersede state laws. The latest back-and-forth is part of an unfolding lawsuit challenging the Illinois Interchange Fee Prohibition Act. In an amicus brief filed late Friday, Durbin …
• 8 October

  Plaid Collaborates with Ansa and other Digital Transactions News briefs from 10/8/24

  

  Open-banking platform Plaid is collaborating with digital-wallet provider Ansa to offer a pay-by-bank capability to restaurants and other merchants, with wallet transactions handled via the automated clearing house. Payments-technology platform Modern Treasury launched widened support for connectivity to FedNow and The Clearing House’s RTP network for real-time payments, as well as other moves to …
• 7 October

  How BP Hopes to Boost User Touch Points With Its New Loyalty App

  

  Oil and gas giant BP plc early Monday launched a loyalty app called earnify, which enables BP customers to earn rewards points for fuel and in-store purchases at BP and Amoco locations. App users earn 1 point per $1 spent on fuel and 2 points per $1 spent on other …
• 7 October

  Famous Foods Street Eats Deploys 34 Agilysys Kiosks

  

  Diners visiting the Famous Foods Street Eats food hall at Resorts World Las Vegas soon will use one of 34 kiosks to order and pay for their meals. Alpharetta, Ga.-based Agilysys Inc. announced the food hall will deploy its kiosks, which use the Agilysys InfoGenesis POS platform, for use at …
• 4 October

  Illinois’s Interchange Lawsuit Wins National Prominence As More Retail Organizations Voice Support

  

  The national legal battle over an Illinois interchange law continues to broaden in scope. Several national organizations representing merchants are expected to file amicus briefs with the United States District Court for the Northern District of Illinois Friday in support of the Illinois Interchange Fee Prohibition Act. The briefs are …
• 4 October

  Research Pins Down How Soon Real Time Payments Will be Routine

  

  With the Federal Reserve’s FedNow service having debuted in July last year and The Clearing House Payments Co.’s  RTP network in operation since 2017, just how soon can the U.S. payments industry expect widespread, routine exchange of real-time transactions? Answers to that question are beginning to emerge. According to a …
• 4 October

  Gift Cards To Comprise 48% of Holiday Gift Budgets and other Digital Transactions News briefs from 10/4/24

  

  A report from prepaid card platform Blackhawk Network indicates consumers will spend $760 on holiday-season gifting this year, flat with 2023, though they say they will spend 48% of their holiday budget through gift cards, up from 39% last year. The company surveyed 2,000 U.S. consumers in July. Pye, a hospitality point-of-sale …
• 2 October

  The Cleveland Browns Team Up With Aramark; ParTech Rolls Out a New Platform For Restaurants

  

  The Cleveland Browns of the National Football League are expanding their grab-and-go technology to food-and-beverage concessions throughout Huntington Bank Field, the team’s home stadium. The new service, called Express Access, will be available at 12 locations within the stadium, enabling consumers to place orders across the entire facility. Since 2023, …