Digital Transactions Authoritative, insightful and timely information for payments professionals
In the far future, when someone sits down and writes the definitive history of payments (riveting), 2014 is going to be a big year. Bitcoin reached historic highs but then went sideways. We had the introduction of Apple Pay, which was a major step forward for mobile wallets. The sheer …
Read More »Search Results for: restaurant POS
When mPOS Goes Awry, Whom Do You Call? Payments Veteran Kahn Hopes It’s Boomtown
Mobile point-of-sale systems have come a long way in a short time, but in one respect they may have grown up too fast. They may have outstripped the ability of merchants and merchant-service providers to provide the kind of constant and consistent support that’s necessary to keep the tablets humming. …
Read More »Intuit Adds Cloud POS to QuickBooks Online In a Tie-Up With Revel Systems
With its clients going increasingly mobile, Intuit Inc. knew it needed a point-of-sale payments solution for its cloud-based QuickBooks Online accounting product. This week, it announced it had found one, and unlike most payments products it has introduced in the past, this one wasn’t homegrown. Intuit recruited Revel Systems Inc., …
Read More »Doing mPOS Strategically
Payments 3.0 The 30% annual growth of mobile point of sale (mPOS) over the past three years (footnote 1) indicates that a new innovation is being rapidly adopted. The number of different companies providing mPOS devices, currently upwards of 200, is extraordinary even by the norms of the mobile phone-based …
Read More »POS Terminals Have a Future, And It’s Looking Good
Mobile POS services, integrated software, and migration to the EMV standard are all influencing sales of terminals. Cast aside any preconceptions about the imminent demise of the standalone point-of-sale terminal. That venerable device, which symbolizes payments in the minds of consumers—and recurring revenue for payments professionals—is not going away …
Read More »Clover Adding Apple Pay Contactless And In-App Capabilities to Its POS System
Clover Network Inc., maker of the Clover tablet-based point-of-sale system, will be ready to accept Apple Pay contactless payment and in-app transactions when the scheme is released some time this month. That’s the word from Leonard Speiser, Clover co-founder and president. The Clover POS system will be able to …
Read More »How Smoothie King’s King-Size iPad Play Could Open the Gates for Tablet POS
In what appears to be the largest tablet-based point-of-sale deployment yet, the entire 700-store Smoothie King Franchises Inc. chain will convert to a system from San Francisco-based Revel Systems Inc. The Covington, La.-based chain, which sells blended drinks, snacks, and supplements, is replacing existing checkout registers with Apple iPads linked …
Read More »Huge Softcard Coup with Subway Poses No Threat to Startup Paydiant, Top Exec Says
The telco-controlled mobile-wallet provider Softcard scored a major coup on Tuesday with the announcement that the massive Subway sandwich chain will start accepting its wallet Oct. 1 at its more than 26,000 U.S. locations. When complete, it will be the largest restaurant deployment yet for payments via near-field communication (NFC) …
Read More »The U.S. EMV Migration Produces a Windfall for POS Terminal Producer VeriFone
It’s a good time to be a point-of-sale terminal maker when all of your customers have to go through the payments equivalent of abandoning the horse and buggy and jumping into an automobile. With a major U.S. deadline for converting from magnetic-stripe payment cards to the Europay-MasterCard-Visa (EMV) chip card …
Read More »Gnome Tablet POS System Relies on BLE to Ease Groupon Redemption In Stores
Yet another tablet-based point-of-sale system has joined the fray, this one from daily-deal provider Groupon Inc. Dubbed Gnome, the iPad-based system not only accepts credit and debit cards, but is the centerpiece of a Bluetooth low energy-enabled setup to enable Groupon offers redemption without requiring the consumer to present a …
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