Point-of-sale

August, 2024

• 26 August

  TrustCommerce’s Cloud Payments Targets Easier Health Care Payments

  

  TrustCommerce says the first client to use its Cloud Payments integration with Epic Systems Corp.’s health-care software for card-present payments is now live. Chicago-based TrustCommerce says The Ohio State University Wexner Medical Center is the first to use its Cloud Payments integration. Cloud Payments uses Android-based point-of-sale devices from PAX …
• 26 August

  Onfleet’s Shopify Tie-up and other Digital Transactions News briefs from 8/26/24

  

  Onfleet, a delivery management software platform, said its new partnership with Shopify Inc., an e-commerce and point-of-sale platform, integrated Shopify online orders with Onfleet’s platform. Rentvine, a software platform for rent payments and other property-management functions, raised $74 million in growth capital from Mainsail Partners. Businesses in the Asia-Pacific region are adopting …
• 22 August

  InvoiceASAP Partners With Adyen on Instant Payouts As Real Time Processing Unfolds

  

  InvoiceASAP Inc., a provider of invoicing and payment technology for small and medium-size businesses, has partnered with Adyen NV to provide merchants instant access to deposited funds. InvoiceASAP will leverage Adyen for Platforms, an end-to-end payments and customer-experience platform, to offer its 23,000 merchants immediate access to pending funds and …
• 22 August

  Ransomware Demands Averaged $1.6 Million in Second Quarter, a New Report Says

  

  Ransomware is a sobering item on every organization’s list of things to worry about. New data shows it might be more problematic than ever as the average ransomware demand reached $1,571,667 in the second quarter, more than double the average in the first quarter, according to “Q2 2024 Cyber Threat …
• 22 August

  U.S. Bank Acquires Salucro and other Digital Transactions News briefs from 8/22/24

  

  U.S. Bank has acquired Salucro Healthcare Solutions LLC, a 20-year-old provider of payments and billing technology for the health-care industry. Terms were not announced. The bank first invested in Salucro in 2022 and has sold its services through Elavon, the bank’s payments entity, as a product called MedEpay. Relay Payments, a …
• 21 August

  SocketMobile Rolls Out a Reader for a Growing Market in Payments Triggered by QR Codes

  

  SocketMobile Inc., a provider of mobile data-capture solutions, has launched a countertop QR-code payment reader to enable consumer-presented QR-code operations. The device, called the SocketScan S320, was developed in response to consumer demand for QR-code technology at the point-of-sale, the company says. The global payment market for QR codes totaled …
• 21 August

  As EV Charging Stations Spread, BlueSnap Links With EV Connect for Payments Processing

  

  The number of public charging stations for electric vehicles has nearly doubled over the past five years to more than 61,000, and that’s leading some major payments platforms to view these venues as an increasingly important market. In the latest development, EV Connect, a business-service provider for these stations, has …
• 20 August

  Payment Orchestration Platforms Now Must Figure Ways to Set Themselves Apart, a Report Warns

  

  As competition among payment orchestrators heats up, providers looking to separate themselves from the pack find themselves under pressure to offer points of differentiation, according to Datos Insights’ “Payment Orchestration Vendor Evaluation” report, released Tuesday. One key differentiator for payment orchestrators is smart payment routing, according to the report. This …
• 19 August

  COMMENTARY: Why Merchants’ Legal Assault on Acceptance Costs Is Anti-Consumer: Part II

  

  Merchants want lower interchange. In their Shangri-la, interchange would be negative, meaning merchants would be paid to accept credit and debit cards. This is not unknown in the real world. For example, Australia’s national debit network for many years had negative interchange. Merchants want to be able to freely surcharge …
• 19 August

  Gen Z Digital Wallet Love and other Digital Transactions News briefs from 8/19/24

  

  Interac Corp., Canada’s national debit network, said 69% of Gen Z Canadian adults have embraced the mobile wallet, while 63 % prefer to leave their physical wallet at home for short trips, according to a recent survey. Gen Z’s use of mobile wallets outpaces all other generations including Millennials (60%), …