Shift4 Payments Inc. has been a busy payments provider in recent years, and early Monday the company made plain its pace will only get faster and will include continued expansion internationally. Traditionally focused on the U.S. market, executives told equity analysts the company had closed on its first acquisition in …
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Why Earned Wage Access Is Taking off
Enabling workers to access their wages ahead of payday is gaining popularity among employees and employers alike. Hourly-wage employees and gig workers incur unexpected expenses between paychecks, such as a home or auto repairs or medical bills, for which they don’t have the cash. Their choices are taking out a …
Read More »Fiserv Is Set to Offer Payments That Let Cardholders Select the Funding Source
The big processor Fiserv Inc. said Wednesday morning it will offer so-called programmable payments to its financial-institution clients through a partnership with IncumbentFI, a San Francisco-based technology provider. The technology allows cardholders to attach a variety of funding sources to a single card and choose one for individual transactions. In …
Read More »Pursuing a Single-View Strategy, Square Adds Two New Apps for Square Terminal
Square, the payment-processing unit of San Francisco-based Block Inc., has unveiled two new apps for Square Terminal. The new apps, Square for Retail and Square Appointments, enable merchants to accept payments, returns, exchanges, and inventory inquiries at the counter, on the sales floor, curbside, or by opening another checkout counter …
Read More »The First Impression
The key to reducing merchant attrition is as simple, and as complicated, as making a good first impression. The right tech helps, too. One tactic that may help keep merchant attrition rates in check—especially when large and small businesses have even more choices for their credit and debit card processing …
Read More »Fiserv Tweaks Carat Data Access And Other Digital Transactions News briefs from 9/29/22
Fiserv Inc. said its Carat operating system has added a capability for large enterprises to more readily access and analyze payments data.Mastercard Inc. said it is launching Strive USA, a small business imitative, in the United States for the first time. The goal is to support 5 million SMBs over the next five years.Also, …
Read More »POPcodes And Arcum Take on ISO Attrition Rates with Targeted Messaging
Having made a sale, independent sales organizations and merchant acquirers are loath to lose merchants to a competitor but they must contend with this turnover, called attrition, every day. POPcodes Inc., a smart point-of-sale terminal service provider, and Arcum Partners, an artificial intelligence firm, say they are working on reducing …
Read More »Aurora Payments Bulks up With Its Deal for the ISO One Payment
Aurora Payments LLC, which specializes in integrated-payments technology for small to medium-size businesses, has acquired One Payment, a Florida-based fintech payment company, for an undisclosed sum. One Payment services more than 6,000 merchants, with a focus on minority-owned small and medium-size businesses. The company processes more than $1 billion in …
Read More »Retailers Are Getting Better at Managing Gift Card Programs, a Report Finds
Grocers and home-improvement retailers may have something to take pride in. These two merchant categories are among the most improved in terms of managing their gift card programs. That’s the insight from the fifth 2022 Merchant Gift Card Omnicommerce Evaluation–U.S. Edition released by Blackhawk Network Holdings Inc. The rankings of …
Read More »Choice Hotels Adds Choice Direct Pay Billing Option And Other Digital Transactions News briefs from 8/16/22
Choice Hotels International Inc. launched Choice Direct Pay, which allows businesses to make reservations for employees and guests at multiple properties with billing through a centralized invoice. The service works with more than 5,000 U.S. properties.Grocery Outlet Holding Corp. announced customers can order groceries for delivery from nearly 400 stores via online-delivery …
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