Point-of-sale

January, 2025

• 23 January

  Discover Volume up 4% and other Digital Transactions News briefs from 1/23/25

  

  Discover Financial Services reported payments volume of $102 billion for the fourth quarter of 2024, up 4% year-over-year, including a 7% rise for the Pulse electronic funds transfer network and a 9% increase for Diners Club. Overall, the company reported a 14% increase in revenue net of interest expense, to $4.76 …
• 22 January

  Gettrx Debuts a White Label Processing Program for ISOs And ISVs

  

  Payments provider Global Electronic Technology Inc., known as Gettrx, launched a white- label platform for agents, independent sales organizations, and independent software vendors that could help them compete against larger payment processors. The platform, called Gettrx One, enables agents, ISOs, and ISVs to market the service under their brand at …
• 22 January

  Maryland Is the Latest Batter to Take a Swing at Regulating Interchange on Sales Tax and Tips

  

  The Maryland legislature held a hearing late Tuesday on a bill prohibiting interchange from being charged on sales tax and gratuities linked to credit and debit card transactions. The bill, introduced by Delegates Todd Morgan and Brian Crosby, is the latest in what is expected to be a flurry of …
• 21 January

  Agilysys Brings Integrated Payments to Kiva Dunes Resort; Cantaloupe Launches Ladder Pricing For Arcades

  

  Agilysys Inc., a provider of hospitality solutions, is implementing 13 integrated software solutions at Kiva Dunes, a golf resort located in Gulf Shores, Ala., intended to optimize per guest revenue, automate administrative tasks, and improve the guest experience. Agilysys’ applications, which includes point-of-sale software, will eliminate repetitive administrative tasks across …
• 21 January

  Deluxe Debuts dlxPAY and other Digital Transactions News briefs from 1/21/25

  

  Deluxe Corp. launched dlxPAY, a mobile app that offers merchants a suite of features, including real-time transaction management, advanced security, and customizable notifications, to give them more insight into their payment processing. The app also is compatible with the Ingenico Moby 5500 point-of-sale device. Two trade associations have sued the Consumer Financial …
• 20 January

  Chase on Track to Retain Acquiring Crown With Annual Volume Well North of $2 Trillion

  

  New data from JPMorgan Chase & Co. signals the leading U.S. banking company is on track to retain its title as the nation’s largest merchant acquirer, with volume well in excess of $2.5 trillion flowing through its pipes. A note from a J.P. Morgan Payments spokesperson to Digital Transactions News …
• 20 January

  Sunmi’s New Android Devices and other Digital Transactions News briefs from 1/20/25

  

  Point-of-sale terminal maker Sunmi launched several POS devices, including the Flex series, which uses the Android operating system. Bigg Digital Assets Inc., owner of Netcoins, Blockchain Intelligence Group, and TerraZero, said Netcoins Canada is launching eight crypto coins that begin trading Jan. 21.
• 17 January

  U.S. Bancorp’s Acquiring Results Disappoint, but ‘Tech-Led’ Segment Shines

  

  U.S. Bancorp, owner of the big merchant processor Elavon, on Thursday reported merchant-acquiring volume of $142.6 billion in 2024’s fourth quarter, up 5% from $135.7 billion a year earlier. The company processed 2.11 billion merchant transactions in the quarter ending Dec. 31, a 5.5% increase from 2 billion a year …
• 16 January

  The Naughty List Grows: 13% Committed First-Party Fraud During the Holiday Shopping Season

  

  Some consumers better hope Santa Claus doesn’t read the latest fraud report from Socure, a fraud-prevention and authentication provider. It found 13% of U.S. consumers committed first-party fraud during the 2024 holiday-shopping season. Often called friendly fraud, first-party fraud occurs when a consumer exploits return and refund policies for financial …
• 16 January

  Apple Card Talks Continue and other Digital Transactions News briefs from 1/16/25

  

  Reuters is reporting that Apple Inc. is talking to Barclays to become the iPhone maker’s new partner for credit cards, replacing Goldman Sachs. Other financial institutions are said to be candidates as well, including Synchrony. Apple and Goldman launched the Apple card in 2019, but since then Goldman has indicated it will move …