Cheq Inc. is expanding its footprint in the highly competitive stadium-payment space by adding restaurants, bars, hotels and stadiums to its roster of merchants in South Florida. The expansion comes on the heels of Cheq’s deal in 2022 with the Miami Dolphins of the National Football League to be the …
Read More »Search Results for: restaurant POS
The Self-Serve Future
Vending, as well as unattended payments, is evolving into a more-encompassing retail setting and bringing digital payments along. Few merchant segments have been as well-suited to contactless payments as vending and unattended payments. And now, spurred by changing consumer habits during the pandemic, contactless payments are driving cashless payments in …
Read More »How Consumers Are Steadily Adopting Online And Mobile Channels for Bill Pay
Digital bill payment has become table stakes for billers as consumers have increasingly gravitated toward paying their bills through mobile and online channels the past two years, according to a recent survey by EngageSmart, a provider of a customer-engagement and payment applications. The study reveals that 50% of respondents say …
Read More »Digital Payments’ Big Payoff for Small Sellers
One legacy of the pandemic is how the shift to contactless, remote, and other forms of payment has enabled small businesses to compete with big enterprises. During the pandemic, retail commerce shifted almost overnight from primarily cash, card, and in-person transactions to primarily contactless, digital, and remote payments. For merchants, …
Read More »Contactless: Far From Tapped Out
The Covid-19 pandemic was a strong tailwind for the adoption of contactless payments. Two years later, the momentum is still there but challenges remain. Whether it’s the convenience of not dipping a card into a POS terminal or speedier transactions at the point-of-sale, consumers and merchants continue to embrace contactless …
Read More »In the Clouds
The payments industry has forged a symbiotic relationship with cloud computing. That isn’t likely to be swept away any time soon. More than two years ago, Global Payments Inc. took a big leap into marrying cloud computing with payments. The big payment processor signed an agreement with Amazon.com Inc. to …
Read More »Eye on Processors: Shift4 Expands Its Casino Portfolio; Paysafe Builds Out Ties With Microsoft
Shift4 Payments Inc. has expanded its merchant-gaming portfolio by striking a deal with the Chickasaw Nation to process payments across all of its tribal-owned casino and non-casino locations, as well as third-party venues, such as valet services or restaurants operated by third parties within Chickasaw-owned casinos. The Chickasaw nation, the …
Read More »ACI’s Push Payment Fraud Forecast And Other Digital Transactions News briefs from 11/15/22
Authorized push payments fraud is expected to reach $5.25 billion in fraud losses in the United States, United Kingdom, and India by 2026, according to research from ACI Worldwide Inc. and GlobalData, an analytics firm. In 2021, U.S. authorized push payment fraud was $1.6 billion and is forecasted to be $3.1 …
Read More »Consumer Spending Moderates in October And Other Digital Transactions News briefs from 11/10/22
Overall consumer spending per household moderated in October compared to September, up 2.9% year-over-year vs. 3.2%, according to a study from Bank of America Institute. Still, total transactions for the bank—cards, ACH, wires, bill pay, P2P, cash, and checks—increased 9%. Payments provider Green Dot Corp. reported consolidated gross dollar volume of $18.7 billion …
Read More »Ralphs Now Accepts Apple Pay and other Digital Transactions News briefs from 11/9/22
California grocer Ralphs has begun accepting Apple Pay in its 184 locations in the state, reported MacRumors.com, citing a company spokesperson. Ralphs is part of the Kroger Co., which Digital Transactions News reported in 2020 was testing contactless payments at some of its locations. Kroger launched its proprietary mobile-payments service Kroger Pay in 2019, but has …
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