In the hotly competitive restaurant point-of-sale market, acquirers are constantly devising new products and enticements to attract these merchants. To that end, SpotOn Transact LLC said Monday it has released three new point-of-sale devices for restaurants, and Shift4 Payments Inc. has enlisted hospitality expert Jon Taffer in a contest. Announced …

Few, if any, business sectors are as hotly competitive these days for payments providers as hospitality, and in particular, restaurants. Major firms from Block Inc.’s Square unit to Toast Inc. to Shift4 Payments Inc. have big stakes in this market. But that hasn’t stopped one other entrant, Lightspeed Commerce Inc., …

Square, the point-of-sale and e-commerce unit of Block Inc., is the latest technology provider to turn up the heat in the already hotly competitive restaurant POS market. It announced Tuesday the launch of Square KDS, a kitchen-display system on the Android operating platform, and the debut of Square for Franchises, …

January retail sales, excluding automotive, were up 8.8% over January 2022, Mastercard Inc. said in its latest SpendingPulse report. Restaurant spending, in particular, was high at 24.2% more sales year-over-year. Spending on Bank of America Corp. credit and debit cards increased 5.1% year-over-year in January in a sign the bank interprets as “signs of …

Toast Inc. has partnered with SoundHound AI Inc. to add voice ordering over the phone to its point-of-sale system. The addition of SoundHound’s voice-ordering software will enable restaurants using Toast’s POS system to accept voice orders over the phone and transmit the order directly to Toast’s platform. This integration, which …

Ordeno has become the latest player to jump into the highly competitive restaurant POS market with the launch of the Ordeno app. The company expects to differentiate its app from those of competitors by providing what it bills as a richer list of services that includes the ability to access …