Value-added resellers and independent software vendors enticed by the attractiveness of surcharging and cash-discount programs find there’s no one-size-fits-all approach for enrolling merchants. Questions about the programs abound at RetailNow 2024, the annual conference sponsored by the Retail Solutions Providers Association and in progress this week in Las Vegas. The …
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DinerDaddy Turns to MagTek and other Digital Transactions News briefs from 7/30/24
DinerDaddy, technology provider to restaurants, has adopted MagTek’s Magensa Gateway Services and the company’s iDynamo 6 mobile terminal, MagTek announced. A survey of almost 1,000 IT security professionals in the U.S., U.K., French, and German markets indicates 83% were hit with ransomware attacks in the past year, with “a high …
Read More »Square Joins US Foods’ Check program and other Digital Transactions News briefs from 7/26/24
Square announced it has joined US Foods’ Check program, which offers technology to restaurants. Square is the point-of-sale payments unit of Block Inc. US Foods is a distributor to the dining industry. China’s UnionPay cards now total more than 240 million outside China, the company said in an update, with issuance in 82 …
Read More »Papaya’s Workforce Software and other Digital Transactions News briefs from 7/25/24
U.S.-based Papaya Global, which offers platforms for payroll and payments processing, said it will support payroll and other workforce software for Cegid, a Europe-based provider of cloud software for finance and human resources. American Express Co. announced updates to its U.S. Consumer Gold Card, including credits for spending at restaurants included in …
Read More »Cash App a Google Play Payment Now and other Digital Transactions News briefs from 7/18/24
Block Inc.’s Cash App announced it will be a payments option on Google Play, an Android-based e-commerce store offering apps and other content and accessed by more than 2.5 billion users monthly. Payments provider Repay Holdings Corp. said borrowers will be able to pay mortgage servicers with debit cards through an integration by Repay …
Read More »Blue Payment Agency’s Shopify Workaround Using Authorize.net
Merchants selling weapons like knives and collectible swords often have difficulty peddling them online, but Blue Payment Agency Inc. has launched a service to help do that while getting access to Shopify Inc.’s e-commerce platform. Announced Tuesday, the service from Windham, Maine-based Blue Payment Agency enables knife-selling Shopify merchants to …
Read More »British Regulators Eye Digital Wallets and other Digital Transactions News briefs from 7/16/24
Two British regulatory agencies will examine the practices and policies of digital wallets offered by technology firms, according to a report on SeekingAlpha.com. Specifically, the Financial Conduct Authority and the Payment Systems Regulator want to know the benefits and risks of digital wallets. Restaurant reservation platform OpenTable said it will offer eligible Visa Inc. …
Read More »Eye on POS: MagTek Secures ExpiTrans As a Reseller; Visa Readies for 2024 Olympics
Point-of-sale technology company MagTek Inc. has lined up payments provider ExpiTrans as a reseller of its QwickPAY POS software. Meanwhile, Visa Inc. says its technology is ready for the start of the summer Olympics in Paris in two weeks. Seal Beach, Calif.-based MagTek says ExpiTrans will market its software to …
Read More »Discover Lands the Military Star Card as It Moves to an Open Network
U.S. servicemembers who use the Military Star credit card will see a change in September as the closed-loop network it uses migrates to the Discover Global Network. The Exchange Credit Program issues the Military Star card, which is administered by the Army and Air Force Exchange Service, and has approximately …
Read More »Canadian Processor Helcim Looks to Draw More Partners With a Revenue Split
The Canada-based payments provider Helcim Inc., which like many processors works with a range of third-party partners, said late on Tuesday it is stepping up that collaboration to allow these integration partners to share in the company’s transaction revenue. Helcim figures revenue sharing will help attract yet more developers and …
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