Point-of-sale

January, 2021

• 19 January

  Walmart Adds to Its Financial Services With Western Union Money Transfers at U.S. Stores

  

  Walmart Inc. is adding money-transfer services from The Western Union Co. to its more than 4,700 U.S. stores this spring, the giant retailer announced Tuesday. Western Union will be the third money-transfer provider to be offered at Walmart stores, joining MoneyGram International Inc. and Ria, a subsidiary of Euronet Worldwide …
• 19 January

  PPRO Secures $180 Million in Funding and other Digital Transactions News briefs from 1/19/21

  

  Payments provide PPRO Financial Ltd. announced a $180-million funding round valuing the company at more than $1 billion.AeroPay, a payments provider specializing in the cannabis industry, said it is working with Blackbird, a cannabis software and delivery company, to process online ordering for cannabis businesses.U.S. payments provider WEX Inc. announced it will process …
• 19 January

  How Covid-19 Helps Fuel A Rise in Fraud and Identity Theft

  

  As consumers pivoted in droves to digital channels for purchases and financial services at the outset of the Covid-19 pandemic, criminals pounced on the trend to perpetrate more fraud and identity theft, according to data from credit-reporting agency TransUnion LLC. Between March 11 and April 28, 2020, when the first …
• 18 January

  PDI Expands Its Relationship With EG Group to All of EG’s U.S. Convenience Stores

  

  Professional Datasolutions Inc., which provides software, including payments services, to convenience stores and gasoline wholesalers, announced Monday it has reached an agreement with c-store and gas-station operator EG Group to expand the use of its payment technology to about 1,700 EG Group sites across the United States. The agreement builds …
• 18 January

  Despite Covid, Holiday Retail Sales Beat Expectations Handily, the NRF Says

  

  The numbers are in, and it turns out the holiday shopping season was not only better than expected, but also better than the one in 2019, weeks before the coronavirus pandemic struck in the United States. Retail sales in November and December totaled $789.4 billion, up a healthy 8.3% over …
• 15 January

  Pineapple Payments Furthers Its Expansion With Its Deal for 1st Payment Systems

  

  Payments provider Pineapple Payments announced Friday it has acquired 1st Payment Systems, a provider of private-label payment processing and omni-channel payment technology for integrated software vendors (ISV) in the powersports and health-care industries. Terms were not disclosed.  The acquisition strengthens 1st Payment’s ability to service its customers by leveraging Pineapple’s Transax …
• 15 January

  Givingli Picks Blackhawk for Digital Gift Cards and other Digital Transactions News briefs from 1/15/21

  

  Givingli Inc., an app provider for virtual greeting cards and gifts, will use the Blackhawk Network platform to allow app users to send digital gift cards.Gateway NMI outlined its 2021 ambitions, including launching a tap-on-phone solution that will build on its recent partnership with Mastercard Inc.’s Cloud Tap on Phone.Gamber-Johnson LLC, a maker of mounting …
• 14 January

  More Debit Card Use Translates Into More Debit-Based Returns, PSCU Data Finds

  

  The holiday shopping season may be over, but the holiday returns are coming in at full force. Data from PSCU, a credit union service organization, showcases the impact the rise in e-commerce spending is having on returns. Return purchases using debit cards were up 76.2% for the week ending Jan. …
• 14 January

  Vanco Acquires SmartcareOS and other Digital Transactions News briefs from 1/14/21

  

  Vanco Payment Solutions Inc., a payments provider specializing in the educational and faith-based sectors, said it acquired SmartcareOS LLC, a software provider for child-care centers. Terms were not announced.Entrust Corp., a provider of technology for identity, payments, and data protection, announced it acquired HyTrust Inc., a vendor of data-encryption, key …
• 13 January

  CardFlight Enters the Register-Replacement Arena With a Trio of Devices for Multiple Markets

  

  CardFlight Inc., a provider of payment hardware and software-as-a-service payment applications, announced Wednesday a major product line expansion into the burgeoning market for countertop point-of-sale devices that can function as cash-register replacements. The new line of terminals, on which merchants can run CardFlight’s SwipeSimple software, includes a trio of models …