The top brass at fast-growing payments processor Shift4 Payments Inc. indicated early Thursday the company is banking on sophisticated platforms like its SkyTab point-of-sale system in the face of rivals’ efforts to hit hotels and restaurants with additional fees. The Allentown, Pa.-based company is also looking to expansion in Europe …
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An AmEx Checkout Integration And Other Digital Transactions News briefs from 8/2/23
Checkout provider Skipify said its technology is launching exclusively with American Express Co. to enable select cardholders to link to eligible AmEx cards to checkout with participating merchants. The integration means consumers will not need to manually enter their payment and billing details, which could help with merchant approval and conversion rates, …
Read More »Beyond Amazon: 57,000 Stores Globally Are Offering Mobile Self-Checkout Technology
Amazon.com Inc. grabbed headlines last week with its announcement that it will deploy its palm-reading checkout technology in all of its more than 500 U.S. Whole Foods stores, but it turns out scanning capability from a wide variety of software companies is taking over checkout duty worldwide, according to recent …
Read More »POS Technology Helps Deliver Double-Digit Growth for Fiserv’s Acquiring Unit
The merchant-acquiring business helped deliver a strong quarter for Fiserv Inc. as the big processor reported Wednesday its ninth consecutive period of organic revenue growth, or growth stemming from existing rather than recently acquired businesses. The Brookfield, Wis.-based company singled out its Clover point-of-sale technology for special mention as a …
Read More »With Its Chainwide Whole Foods Move, Amazon Signals Palm Checkout Is Ready for Prime Time
The planned expansion of Amazon.com Inc.’s palm-reading point-of-sale technology to all of the company’s 515 U.S. Whole Foods stores, a move the online retailer announced late last week, could represent a major leap for an authentication method few if any other backers have tried. The technology, introduced three years ago …
Read More »Relay Payments’ Latest Integration And Other Digital Transactions News briefs from 7/20/23
Relay Payments, a payments platform for the trucking industry, announced an integration with McLeod Software, a vendor of management software for the same industry. ACI Worldwide Inc. introduced an acquiring-as-a-service platform in collaboration with Dock, a Brazil-based technology company. The product is aimed at retailers, restaurants, and e-commerce businesses. Consumer attitudes …
Read More »Consumers Want Simpler, Omnichannel Shopping and Payment Experiences, Fiserv Says
From ordering and payments to reward redemption consumers want a simpler shopping experience, according to research from Fiserv Inc. To meet demand, merchants and restaurants should provide more omnichannel experiences, retailer apps, and embedded payment options that add value. Buy online, pick up in store (BOPIS) is one way merchants …
Read More »Eye on ISOs: Shift4 Adds to Its Sports Team Portfolio; PayBright Launches a Point-of-Sale Desk
Shift4 Payments Inc. continues to assert its position as a leading processor for sports teams and arenas. The Allentown, Pa.-based company announced Monday it will process ticket sales for the Florida Panthers of the National Hockey League through a partnership with SeatGeek, the Panthers’ mobile-based ticketing platform provider. The deal …
Read More »$16 Trillion in Digital Wallet Volume by 2028 And Other Digital Transactions News briefs from 7/10/23
Services such as buy now, pay later loans and personal financial management will help drive the global volume of digital-wallet transactions to $16 trillion in 2028, up 77% from $9 trillion this year, according to a report from Juniper Research. Katapult Holdings Inc. said more than 20 merchants are now available on …
Read More »PayRange Finds its Spot in the Campground and RV Market And Other Digital Transactions News briefs from 7/7/23
PayRange Inc., a provider of mobile payments for unattended markets, has extended its reach into the campground and RV parks market. Payments-technology provider NovoPayment released Orchestra 2.0, a payments-orchestration layer aimed at financial institutions. Paybotic Financial, a payments platform specializing in the cannabis industry, said it has joined the Emerging Market Coalition, a nonprofit …
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