Friday , November 22, 2024

Search Results for: restaurant

Savvy Solutions for Small Businesses and the ISOs that Support Them

By: John Newton, Vice President, Strategic Partnerships, First American by Deluxe Root. Crux. Nitty-gritty. No matter how you say it, there are essential elements to running a business. But small business owners often get caught up in the day-to-day minutia which, despite their best efforts, can derail their success. That’s …

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AmEx Posts a Strong Quarter As Its CEO Signals Caution on BNPL, Crypto, And Acquisitions

American Express Co. reported strong results Friday morning for its third quarter as its top executive said the company hasn’t exhausted its interest in acquisitions, though he added the New York City-based payments company is cool to the prospects for cryptocurrency as a medium of exchange. Chief executive Stephen Squeri …

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Fiserv Acquires BentoBox and other Digital Transactions News briefs from 10/18/21

Fiserv Inc. announced the acquisition of BentoBox, a specialist in online restaurant platforms and technology. BentoBox serves more than 14,000 restaurant locations. Terms were not disclosed.Mindbody, a payments and technology platform for the fitness industry, announced it has closed on its acquisition of ClassPass, a monthly subscription service also focused on …

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Bakkt Acquisition a Step Closer and other Digital Transactions News briefs from 10/15/21

VPC Impact Acquisition Holdings, a special-purpose acquisition company, announced its shareholders approved VPC’s acquisition of Bakkt, thus taking the digital-asset marketplace public.Payments-technology provider Worldnet Payments said it is the first integrated payments platform to complete a Level III EMV and contactless certification of Ingenico’s Self Series of devices. Ingenico is a unit of Worldline S.A.Payments …

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Plaid Announces New Tools to Make It Easier for Developers to Scale Faster

As part of its strategy to support application developers, open-banking platform provider Plaid Inc. this week introduced at its developer conference several tools to help developers create a broader range of financial technology applications regardless of the programming language developers use. The new suite of tools include Plaid Pattern apps, which …

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ZmBIZI’s Tap-to-Pay Smart Phone Released and other Digital Transactions News briefs from 10/14/21

ZmBIZI LLC released its Z2 smart phone that accepts tap-and-pay transactions without requiring an external POS terminal. The $550 smart phone was part of a Visa Tap to Phone test earlier this year and is expected to have full commercial availability in early 2022.Visa Inc.’s U.S. Spending Momentum Index fell for the second consecutive month, …

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BitPay an Option on Wix’s Platform and other Digital Transactions News briefs from 10/12/21

Cryptocurrency payment processor BitPay Inc. said it completed an integration with Wix, an e-commerce platform, to enable BitPay’s Bitcoin and crypto payment processing as a payment option.Splitit USA Inc. said Discover cardholders can use the installment payments with their cards. Diners Club International and other alliance cards can be used, too. Splitit uses …

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Fiserv’s Clover Brings Cashless Payments to Major League Soccer’s Philadelphia Union

Subaru Park, home of major league soccer’s Philadelphia Union, is the latest sports stadium to go entirely cashless. The team announced Thursday it was deploying more than 130 Clover point-of-sale devices from Fiserv Inc. to enable contactless purchases at concession stands and premium seating areas in the stadium. Like many professional …

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How ISOs Can Leverage Vendor Relationships

The pandemic has taught ISOs many lessons—including how to get the most out of their suppliers. Leveraging sales in highly competitive retail, restaurant, commercial and other prime industry segments can be challenging, especially given the ongoing impacts of economic disruptions in effect today. As businesses struggle to regain pre-pandemic commerce …

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The BNPL Phenomenon

As buy now, pay later payments continue to garner consumer and merchant attention, what is driving the trend? And does it have staying power? Buy now, pay later services may have gotten a huge boost from the boom in e-commerce sales because of the Covid-19 pandemic, but as these effects …

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Digital Transactions