EVO Payments Inc. says its new SimpleTab point-of-sale feature can reduce table-turnover time for hospitality merchants. Meanwhile GiftLogic says it has integrated Paystri, a payments-technology company, into its POS software. The SimpleTab payment feature from Atlanta-based EVO works with the Ingenico Move/5000 payment terminal and supports EMV, contactless, and swipe card …
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The Megamergers’ Subtle Impact
More than a year has passed since three giant mergers promised to change the payments world. Change has come, but not where many expected to see it. Alone, any of the six companies involved in the round of megamergers in 2019 is huge. Recall that Global Payments Inc. acquired Total …
Read More »GoDaddy Gets the Poynt
You may have read last month that the huge Web domain registrar and hosting service GoDaddy is buying a POS terminal startup called Poynt. The deal calls for $320 million in cash upfront and another $45 million in cash down the road. That’s not a bad payday for a company …
Read More »Unicorn Momentum—Like Much Else—Slows in 2020 for Payments Firms And Other Fintechs
Most Americans will be glad to see the last of 2020 as they ring in 2021 in a few weeks, and that group will include private investors. In a year in which the coronavirus ran rampant, damaging many businesses and shuttering others, tech investors pegged significantly fewer privately held payments …
Read More »Smart Phones Go Contactless
Software-based options are proliferating for merchants who want to use their own mobile phones for payment card acceptance. Are we entering the era of Square II? Square Inc. made payments history a decade ago with its iconic dongle that enabled iPhones to accept payment cards (“How the Twitter Guy Changed …
Read More »Delivering What the Market Demands
Join ScanSource and Ingenico to understand the role smart payments devices can play in your IT solution offering. They will discuss modern payments hardware, how to expand your value with payments, what to look for when choosing strategic payment partners, valued solution provider, and more on their value added offerings!
Read More »Global Payments Revenue Down 4% and other Digital Transactions News briefs from 10/29/20
Processor Global Payments Inc. reported adjusted net revenue of $1.746 billion for the third quarter, down 4% year-over-year on a combined basis. Global acquired processor TSYS Inc. last year.FIS Inc. reported total third-quarter revenue for its merchant-processing unit of $1.02 billion, up 44% year-over-year. The lift comes chiefly from the acquisition of the …
Read More »Payments During A Pandemic
ScanSource and Ingenico are showcasing how you can help retailers build consumer confidence by offering a safer, faster way to pay. In their upcoming webinar on 11/18, they’ll shed light on: Positioning contactless & mobile payments as the fastest, safest way to pay Current and upcoming processor and gateway certifications …
Read More »PayPal Dips into Crypto and other Digital Transactions News briefs from 10/21/20
PayPal Holdings Inc. announced a service that allows account holders to buy, hold, and sell cryptocurrency directly from their account. The company also said it will make cryptocurrency available as a funding source for purchases at the 26 million merchants worldwide that accept PayPal.Payments provider FIS Inc. said it added pharmacy chain Walgreens …
Read More »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 …
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