Point-of-sale

August, 2023

• 21 August

  Adyen Launches Pay By Link Through a Partnership With Teamwork Commerce

  

  Teamwork Commerce, a provider of retail-management software, has partnered with Adyen NV to launch Pay by Link, a financial technology platform that enables consumers to pay using a secure URL link provided by the retailer. With Pay by Link, consumers pay using their preferred payment option through a secure link …
• 21 August

  Five Star’s Tap-to-Pay on iPhone And Other Digital Transactions News briefs from 8/21/23

  

  Community financial institution Five Star Bank launched tap-to-pay on iPhone capability for its business clients, allowing merchants to accept contactless payments directly on their iPhones. Fluency, a provider of technology for central bank digital currencies, said it has been selected by Mastercard Inc. to work with the card network on CBDC initiatives. Payments provider Novo …
• 18 August

  Contactless And Mobile Wallets Are Gaining Ground Among Debit Users, a Pulse Study Finds

  

  Consumer affinity for in-person transactions that reduce points of contact are taking hold as contactless payments made with debit cards swelled to 16% of the U.S. card-present share last year from 8% in 2021. It’s a similar story with debit cards used with mobile wallets. Their use increased from 5% …
• 18 August

  Presto Counts 13 QSR Franchisee Groups Using Its AI-Based Ordering System

  

  Presto Automation Inc., a provider of artificial intelligence-based voice-ordering systems for quick service restaurants with drive-through windows, announced it now has deals with 13 QSR franchise groups that own and operate more than 500 locations nationwide. All 13 groups have committed to begin deploying Presto Voice, Presto’s Presto’s in-house, proprietary …
• 18 August

  Citizens Pay Adds Apple POS Financing Option And Other Digital Transactions News briefs from 8/18/23

  

  Upgraded, a service that lets Apple MacBook buyers pay over time, announced it is launching in the United States in a partnership with Citizens Pay, a point-of-sale financing service of Citizens Bank. Adyen NV, a Dutch payments platform that competes in the U.S. market against companies like Stripe, Fiserv, PayPal, …
• 17 August

  Discover’s Management Stresses New Action on Merchant And Banking Issues

  

  Discover Financial Inc.’s top brass early Thursday stressed that the company’s top priorities are regulatory compliance, customer experience, and long-term growth. The declaration, from temporary chief executive John Owen, was meant to reassure equity analysts and came in the wake of merchant-overcharge and banking-compliance issues that led up to the …
• 17 August

  Debit Use up 1% in 2022 And Other Digital Transactions News briefs from 8/17/23

  

  Pulse, the debit network owned by Discover Financial Services, released its 2023 debit study that found the total number of debit transactions increased 1% in 2022 over 2021, while dollar volume increased 3% for the same period. Fraud and risk platform DataVisor released its Real-Time Payments Fraud Solution to help counter fraud …
• 16 August

  An Embedded Pricing Tool from TSG Aims for Fine Tuning

  

  TSG, a payments advisory firm, released a service to help merchant acquirers and software vendors optimize pricing for merchants. Dubbed the Embedded Pricing Tool, it can help acquirers and software vendors get pricing right without over- or under-pricing merchants. Pricing data comes from the TSG database in its Acquiring Industry …
• 16 August

  Sesame Credit Builder Debuts And Other Digital Transactions News briefs from 8/16/23

  

  Credit Sesame, which allows consumers to access their credit information, launched a Mastercard debit card called Sesame Credit Builder. The card is aimed at enabling consumers to build a credit history via routine transactions. NCR Corp. announced the U.S. Securities and Exchange Commission has declared effective a Form 10 registration statement …
• 15 August

  PayNearMe Reaches 60,000+ Locations Overall With a Deal to Add Dollar General

  

  PayNearMe Inc. has added discount-retailer Dollar General and its 19,000 stores to its merchant network. The deal will enable Dollar General customers to pay bills using digitized cash at the checkout counter. The addition of Dollar General, which operates stores in 47 states, brings PayNearMe’s merchant network to more than …