It’s where dining out, consumer affinity for self-service, and a desire to know more about consumers converge. Consumers are expected to spend $736.3 billion—yes, billion—on dining out in 2017. That’s a lot of credit and debit card payments. It’s enough to make the tabletop point-of-sale market a fiercely competitive one, …
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Payroc Launches Mobile POS Product and other Digital Transactions News briefs
Steven A. Rathgaber, who has been chief executive of ATM-networking firm Cardtronics plc since 2010, will retire at the end of the year and will be succeeded by Edward H. West, currently chief financial officer and chief operations officer, the company announced. Rathgaber came to Cardtronics from the NYCE electronic funds transfer …
Read More »Outback Franchisee Adding More Ziosk Tabletop POS Locations
Ziosk, a tabletop point-of-sale system owned by Tabletop Media LLC, said Wednesday that more than 100 Outback Steakhouse restaurant locations in the Southwest will use its devices. Cerca Trova Restaurant Concepts, the franchisee for Outback restaurants in Arizona, California, Colorado, Nevada, and New Mexico, is expanding the number of locations …
Read More »An ISO’s POS Software Integration and other Digital Transactions News briefs
Factor4 LLC, which offers a white-label gift card and loyalty solution to independent sales organizations and small businesses, has integrated its platform with Click a Waiter Inc., an online-ordering service for restaurants. Payments provider Merchant Consulting Group Inc. announced its payments service will be integrated into Parkloco’s parking-focused software. Processor JetPay Corp. said second-quarter …
Read More »POS Portal Acquisition Will Add Payments Components to ScanSource’s Offerings
The pending $145 million acquisition of point-of-sale terminal and equipment distributor POS Portal by ScanSource Inc. will bring together two companies that provide merchants with the equipment they need at checkout counters and back offices, but which have little overlap in their customer bases and distribution channels. Founded in 2000, …
Read More »POS Portal Simplifies Vantiv Device Distribution and other Digital Transactions News briefs
• Wireless payments specialist Apriva announced a new vending payment product for Canada that enables contactless payments and chip card transactions. • Point-of-sale equipment and services distributor POS Portal announced that it and processor Vantiv Inc. have simplified the equipment-distribution process for merchants, value-added resellers, and independent software vendors using the processor’s services. • Credit-union …
Read More »The Battle of the Contactless POS Technologies
By Kevin Woodward Both QR codes and NFC have their backers and critics. But as mobile payments advance, which acceptance technology will own the future? Merchants and the payments industry alike are vying to encourage more consumers to use contactless payments as a way to displace cash, know more about …
Read More »FIS Posts 4Q Revenue Growth and other Digital Transactions News briefs
• Processor Fidelity National Information Services Inc. (FIS) reported its revenue grew 30.4% in the fourth quarter ended Dec. 31, to $2.4 billion, from $1.9 billion in the same quarter a year earlier. Net earnings from continuing operations increased to $207 million from $105 million. For the year, revenue jumped 40.1%, to …
Read More »A Cultivated Palate for POS
Developing a point-of-sale app to operate on a tablet is but one ingredient necessary for catering to the payment-processing needs of hospitality merchants. Hospitality merchants have long been a favored customer base for many acquirers and independent sales organizations. For example, Heartland Payment Systems, now part of Global Payments Inc., …
Read More »Ingenico Debuts Android mPOS Device and other Digital Transactions News briefs
Terminal maker Ingenico Group introduced its first Android-based mobile point-of-sale payment device, the APOS. The portable terminal includes a front and rear camera and accepts payments based on EMV, mag-stripe, and near-field communication. Cubic Transportation Systems announced it has been awarded a $4.8 million contract modification from the Maryland Transit …
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