Lightspeed Commerce Inc. has introduced a new kitchen display system it says will help restaurants address operational challenges, reduce operating costs, improve order accuracy, and enhance customer satisfaction. A key feature of the new kitchen display system (KDS), which can be integrated with Lightspeed’s point-of-sale platform, is the ability to …
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Paysafe Beefs up Its Sales Force As It Looks for Merchant Growth
Since he took over as chief executive in 2022, Paysafe Ltd.’s Bruce Lowthers has stressed what he sees as a crucial need for stronger, and direct, merchant sales to effect the turnaround he wanted to see at the international processing giant. Early Wednesday, he noted the company is ahead of …
Read More »Who Will Benefit Most Becomes the Latest Flash Point in the Battle Over the Illinois Interchange Law
The latest controversy about the law, which passed in June, revolves around a study from the Electronic Payments Coalition that says the largest merchants stand to see millions of dollars in interchange relief from the law, while small merchants would receive minuscule savings by comparison. Released late Wednesday, the EPC …
Read More »Shift4 Puts Its Weight Behind Cryptocurrency as a Payment Option
Shift4 Payments Inc. early Monday gave cryptocurrency a big shot in the arm as a payment option with the announcement it will support digital currencies across its merchant network. Shift4 will support coins including Bitcoin, Ethereum, and Solana SOL, as well as US Dollar Coin and other major stablecoins, …
Read More »Square Finishes Its New Orders Platform While Square Partner PopMenu Looks to an AI Assist
Block Inc.’s Square point-of-sale technology unit announced late Tuesday it completed development work on a new platform it says offers improvements in ordering and payments. According to the brief announcement, the new technology offerings will include capabilities such as pre-authorization of transactions and bar tabs “to sellers of all sizes …
Read More »Plaid Collaborates with Ansa and other Digital Transactions News briefs from 10/8/24
Open-banking platform Plaid is collaborating with digital-wallet provider Ansa to offer a pay-by-bank capability to restaurants and other merchants, with wallet transactions handled via the automated clearing house. Payments-technology platform Modern Treasury launched widened support for connectivity to FedNow and The Clearing House’s RTP network for real-time payments, as well as other moves to …
Read More »Famous Foods Street Eats Deploys 34 Agilysys Kiosks
Diners visiting the Famous Foods Street Eats food hall at Resorts World Las Vegas soon will use one of 34 kiosks to order and pay for their meals. Alpharetta, Ga.-based Agilysys Inc. announced the food hall will deploy its kiosks, which use the Agilysys InfoGenesis POS platform, for use at …
Read More »Illinois’s Interchange Lawsuit Wins National Prominence As More Retail Organizations Voice Support
The national legal battle over an Illinois interchange law continues to broaden in scope. Several national organizations representing merchants are expected to file amicus briefs with the United States District Court for the Northern District of Illinois Friday in support of the Illinois Interchange Fee Prohibition Act. The briefs are …
Read More »Elo’s New Pay M100 Tablet and other Digital Transactions News briefs from 9/16/24
Elo Touch Solutions Inc. launched its Elo Pay M100 POS tablet, a mobile point-of-sale Android payments device aimed at restaurants as well as the general merchant market. Accessories include separate readers for mag-stripes and fingerprints. Kuvasz Solutions, a Chile-based payments services company formed in 2008, said it is expanding to the …
Read More »Jack Henry Partners With Moov to Streamline Payments for Small Businesses
Jack Henry & Associates Inc. has partnered with payment processor Moov Financial Inc. to enable financial institutions to offer small and medium-size businesses enhanced digital-payment services. The partnership is expected to help financial institutions attract more smaller businesses as clients and strengthen existing relationships with such sellers by providing for …
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