On The Fly POS’s latest product, called Ground Control, is making it easier for hospitality merchants to use their own devices for ordering and table management. The new app, with versions for both iOS and Android mobile devices, enables merchants to use their own hardware with an integrated software app …
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Monetizing payments to maximize your revenue and scale your business for sustainable growth
By Steven Velasquez, Senior Vice President and Head of Partner Business Development – Elavon With the convergence of payments and software technology, ISVs that integrate payments with their platform reap the benefits of increased revenue streams, stronger company valuations, and a stickier relationship with their end customers. The benefits for …
Read More »Goldman Faces Some Hard Decisions As It Confronts Its Position in Consumer Credit Cards
The pressure at Goldman Sachs Group Inc. to exit, or at least radically modify, its consumer-credit and payments businesses appears to be mounting. At least some executives at the company are pushing senior management to exit credit card deals with Apple Inc. and General Motors Corp., The Wall Street Journal …
Read More »Eye on Acquiring: Worldline’s E-Commerce Partner Payouts; Payroc Is Ingenico Axium Launch Partner
Processor Worldline is adding a flexible payment element to its revenue-share model for its North America partners servicing e-commerce merchants. And, payments provider Payroc says it will be the launch partner for the Ingenico Axium point-of-sale terminal line. Worldline’s new product, called FlexCommissions, enables its software and independent sales organization …
Read More »Small-Screen Shopping Set To Dominate 2023 Holiday Spending
One of the first forecasts for the upcoming 2023 holiday shopping period predicts that mobile devices will overtake desktop ones for e-commerce for the first time. Adobe Inc., in its Nov. 1-to-Dec. 31 holiday-shopping forecast, released Thursday, forecasts that U.S. online holiday sales will reach $221.8 billion, a 4.8% increase …
Read More »Evolving your payments strategy for the new consumer experience
Steven Velasquez, Senior Vice President and Head of Partner Business Development – Elavon, Inc. Delivering payments that meet consumer demand As AI, ChatGPT, and the increased adoption of instant payments become more prevalent in our day-to-day lives, the impact of truly connected payments is upending the traditional consumer experience. The …
Read More »Debit Is Consumers’ Preferred POS Payment Method, Well Ahead of Credit Cards
Debit cards are the most widely used form of payment, while credit cards rank a distant third, a new study from J.D. Power says. Some 78% of consumers use debit cards at the point of sale, followed by cash (74%) and credit cards (66%), according to the survey. Other forms …
Read More »Adyen Launches Pay By Link Through a Partnership With Teamwork Commerce
Teamwork Commerce, a provider of retail-management software, has partnered with Adyen NV to launch Pay by Link, a financial technology platform that enables consumers to pay using a secure URL link provided by the retailer. With Pay by Link, consumers pay using their preferred payment option through a secure link …
Read More »Eye on Text-to-Pay: DivDat Adds Text-to-Pay for Bill Payments; NMI Adds Authvia’s Text-to-Pay for its Portfolio
Two payments companies are tapping into consumers’ affinity for texting—more than 6 billion SMS text messages are sent daily, according to The Small Business Blog—with a bill-pay service and a program for merchants. First, Detroit-based Diversified Data Processing & Consulting Inc., known as DivDat, added a text-to-pay feature to its …
Read More »Keyo’s Hand Scanner Debuts And Other Digital Transactions News briefs from 7/19/23
Keyo, a provider of digital-identity technology, released its Keyo Wave+ hand scanner for payments, access control, ticketing, and other uses. Visa Inc. has renewed an agreement to be the exclusive payment-services provider for the U.S. Women’s and Men’s National Soccer Teams. Buy now, pay later provider Afterpay Ltd. said it has added “thousands” of new …
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