Point-of-sale

September, 2020

• 30 September

  Blackhawk’s New Gift Card Issuing Service and other Digital Transactions News briefs from 9/30/20

  

  Blackhawk Network launched its Issuance and Program Management Solution, a service that enables companies to outsource their gift card and digital gift programs through Blackhawk. The new service is enabled by the company’s recent acquisition of SVM, a provider of open- and closed-loop gift card technology.Payroc LLC said its affiliate invested $2.6 …
• 29 September

  Restaurants Turn to Technology to Keep Sales Tax on the Operations Menu

  

  Paying sales tax is part of doing business for restaurants, but not all restaurants are adept at collecting it. With this in mind, Davo Technologies, a provider of an automated sales tax collection application, has integrated its app into Heartland Payment Systems Inc.’s POS platform for restaurants. The Davo app …
• 29 September

  After Months of Preparation, Amazon Launches Its Palm-Payment Technology

  

  Amazon.com Inc.’s venture in letting consumers pay with the palm of their hand officially launched Tuesday at two Amazon Go stores. But the retailing giant’s latest payment technology could face an uncertain future even as stores struggle with how to introduce contactless methods in the face of the Covid-19 pandemic. …
• 29 September

  Nuvei Makes a Bet on Colorado and other Digital Transactions News briefs from 9/29/20

  

  Nuvei Corp. said it received a sports betting vendor license in Colorado, enabling it to process payments there for regulated sports betting sites and apps.Mastercard Inc. and ACI Worldwide Inc. said they will collaborate to support real-time payments capabilities, initially for central banks, payments networks, financial institutions, and payments providers.To help businesses …
• 28 September

  Eye on IoT: More Wearables Gain Payment Functionality And Loop Insights Makes a Property Deal

  

  Despite the slowdown in manufacturing as a result of the Covid-19 pandemic, shipments of wearable devices, which are often fitted for payments, are forecast to hit 396 million units in 2020, a 14.5% increase from 2019, says International Data Corp.  During the first half of 2020, 38% of all wearable …
• 28 September

  Mobile Wallet Debit Card Use Grows and other Digital Transactions News briefs from 9/28/20

  

  Consumers appear to like using their mobile wallets for payments, with PSCU, a credit union service organization, reporting a 70.3% increase in the use of debit cards for the week ending Sept. 20 over the week ending Sept. 22, 2019. Credit card use in wallets was up 50.4%.Some 76% of small-business owners will …
• 25 September

  Contactless Is Gaining Favor Fast Among Consumers And Merchants, AmEx Data Show

  

  Consumer demand is so strong that 81% of merchants surveyed by American Express Co. intend to make contactless payments a permanent option at the point of sale. Some 70% of merchants say their customers have asked for contactless payments, J.J. Kieley, vice president of the AmEx Payments Consulting Group, tells Digital …
• 24 September

  In the Face of Covid-19, PayByPhone Grows Its Roster of Colleges for Its Mobile Payment App

  

  To the extent students are returning to college campuses, payments companies are pursuing opportunities in contactless payments—even when it comes to paying for parking. PayByPhone Technologies Inc. on Thursday said that with recent additions its mobile parking app is now available at 29 North American colleges and universities.  The app …
• 24 September

  Revel Advisory Board Debuts and other Digital Transactions News briefs from 9/24/20

  

  Point-of-sale system develop Revel Systems Inc. formed the Revel Advisory Board, whose members will advise and guide Revel clients on subjects such as franchise planning, scalability and growth, technology, and data use.Processor Paya Inc. and FinTech Acquisition Corp. III, a special-purpose acquisition company, announced FinTech Acquisition Corp. III has filed a Form S-4 related to the …
• 23 September

  Plastic Starts to Take a Back Seat As Mastercard Expands Its Digital Card Program

  

  Mastercard Inc. announced Wednesday plans to expand its Digital First card program in North America by partnering with payment processors to provide guidelines for consumer experience with digital payment cards.  Processors Mastercard is partnering with include CoreCard Software Inc., FIS Inc., Fiserv Inc., Galileo Processing Inc., i2c Inc., Marqeta Inc., …