Point-of-sale

November, 2024

• 19 November

  58% of Spending Made with Debit Cards and other Digital Transactions News briefs from 11/19/24

  

  Debit cards not using prepaid funds accounted for 58% of U.S. card spending in 2022, the Atlanta Fed noted in a review of a Federal Reserve Payments Study released last week. Credit cards were used for 36% of payments and 6% of payments were made with prepaid debit cards. Cantaloupe Inc. will serve as …
• 18 November

  Lightspeed Rolls Out a Kitchen Display System; Fortis Adds a Voice Ordering Platform

  

  Lightspeed Commerce Inc. has introduced a new kitchen display system it says will help restaurants address operational challenges, reduce operating costs, improve order accuracy, and enhance customer satisfaction. A key feature of the new kitchen display system (KDS), which can be integrated with Lightspeed’s  point-of-sale platform, is the ability to …
• 18 November

  Two San Antonio Venues Opt for Shift4 for Concession and Ticketing

  

  Shift4 Payments Inc.’s determined push into venue point-of-sale transactions got another win with the announcement the payment company’s products will be used at the Frost Bank Center and Toyota Field venues in San Antonio. The number of Shift4 devices to be used at both locations was not disclosed. The Frost …
• 18 November

  Priceline Picks Affirm and other Digital Transactions News briefs from 11/18/24

  

  Buy now, pay later processor Affirm Inc. said it is expanding its partnership with Priceline to include online travel agency Priceline’s business-to-business platform, Priceline Partner Solutions. Canada-based processor Nuvei Corp. announced it has completed the process of going private after five years as a public company. Neon Maple Purchaser Inc., a unit of Advent …
• 15 November

  Discover Grows Its International Presence Through a Pair-Up With Telered in Panama

  

  Discover Global Network continues to expand its international business through a deal with Panamanian payment processor Telered S.A. Telered manages the Sistema Clave, or Clave System, which Discover says is the largest interbank network of ATMs and points of sale in Panama. In business for more than 30 years, Clave’s …
• 14 November

  Blackhawk Debuts eGift Card Links and other Digital Transactions News briefs from 11/14/24

  

  Prepaid card platform Blackhawk Network launched eGift Card Links, which allows brands to let customers paste a link into an email, text, or social-messaging app. Recipients access the e-gift card by opening the link and can redeem it immediately. Judopay, a United Kingdom-based mobile-payments platform, said it is entering the North American …
• 13 November

  GrabScanGo And MagTek Bring App Clip Technology to Hotel Mini Markets

  

  GSG AveriGo LLC, a provider of self-service checkout technology at the point of sale, is working with GSG AveriGo LLC, a provider of self-service checkout technology at the point of sale, is working with MagTek Inc. to provide an App Clip through its GrabScanGo, service that enables consumers to purchase …
• 13 November

  Paysafe Beefs up Its Sales Force As It Looks for Merchant Growth

  

  Since he took over as chief executive in 2022, Paysafe Ltd.’s Bruce Lowthers has stressed what he sees as a crucial need for stronger, and direct, merchant sales to effect the turnaround he wanted to see at the international processing giant. Early Wednesday, he noted the company is ahead of …
• 12 November

  Shift4 Concedes Some Shortfalls While Posting a 49% Rise in End-to-End Volume

  

  Shift4 Payments Inc. reported a strong third quarter early Tuesday, but by some measures it wasn’t strong enough, and the big processor’s top management frankly admitted as much in a morning call with equity analysts to discuss the results. “We’re clearly number-one in hospitality payments in the world,” said the …
• 12 November

  Visa Credential Tech Coming to U.S. and other Digital Transactions News briefs from 11/12/24

  

  Visa Inc. announced it is bringing its Visa Flexible Credential to the U.S. market, starting with Affirm Inc.’s Affirm Card, a debit card that supports buy now, pay later functionality. The network simultaneously is launching the technology in the United Arab Emirates. The flexible credential technology enables users to make payments from a …