Prelim, a San Francisco-based provider of digital-banking services for financial institutions, has partnered with Epos Now, a cloud-based provider of point-of-sale technology. The partnership is expected to enhance the digital experience for Epos Now’s customers and simplify onboarding to its platform. Norwich, England-based Epos Now, which services 51,000 retail and …

With online ordering capabilities now table stakes for restaurants, Epos Now, a London-based provider of cloud-based software, announced Monday it is rolling out its Epos Now Delivery application for restaurants in the United States. The decision to launch Epos Now Delivery in the U.S. market was prompted by the massive …

Consumers have turned to mobile and desktop buying in record numbers. Merchants and processors are figuring out how to sustain the surge. E-commerce has been booming since the start of the Covid-19 pandemic and is showing no signs of slowing down. In 2021, online consumer spending totaled a record $855 …

Full-service restaurants, one of the hardest-hit merchant segments at the outset of the Covid-19 pandemic, showed signs of a rebound in 2021, according to research by TouchBistro Inc., a provider of POS and restaurant-management applications. Findings from TouchBistro’s third annual “State of Full-Service Restaurants Report” reveals that 74% of full-service restaurants …

Visa Inc.’s Back to Business study found 82% of small businesses plan to accept some form of digital payment in 2022, with 24% saying they plan to accept digital currencies like Bitcoin. The study canvassed 2,250 small-business owners and employees in nine countries, including the United States.Payments provider Lightspeed Commerce Inc. said its merchants …

As merchants continue to evolve their business model during the Covid-19 pandemic, they are discovering that consumers want convenience and multiple options when it comes to paying for purchases. While credit cards remain consumers’ preferred method of payment, contactless options are a close second, according to Square Inc.’s second annual “The …

Processor Stripe Inc. said it acquired OpenChannel, which provides app marketplace software. Terms were not disclosed.Payments provider Payoneer Inc. announced a worldwide working-capital offer for sellers on the Walmart U.S. marketplace.In related news, Facepay Inc., a payments provider specializing in auto-repair shops, said its Facepay Capital service is available to all shops on its platform.Money transmitter LianLian …

Cyber Monday 2021 is in the books, and a number of lessons have emerged from the biggest online-shopping day of the year regarding how consumers are spending. They didn’t use their mobile phones as much as expected, buy now, pay later picked up some momentum, and inflation asserted itself in …

Klarna AB said it is extending its Pay in 4 buy now, pay later service to subscriptions, the first time BNPL has been offered to this segment of the economy, according to the company.Payfare Inc., a specialist in instant payouts to gig workers, reported its user count rose 37% in the …

Merchant attrition is actually a little lower than it was before the pandemic. But don’t get too excited. The total picture is a little more complicated than that. First, the good news. Merchant attrition, expressed as a percentage of all accounts with $5 million or less in annual credit and …