The tech giant Oracle Corp. early this summer launched a cloud-based payments-processing service aimed at the hotly contested restaurant market, and early on Wednesday the company added a handheld device for servers to use tableside. The new terminal, dubbed the Oracle Micros Simphony mobile order and pay device, runs on …
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SpotOn Beefs up Restaurant Services And Other Digital Transactions News briefs from 10/19/22
SpotOn, a payments provider specializing in the restaurant industry, launched Experiences by SpotOn Reserve, a reservation and waitlist platform.Checkout.com launched Fraud Detection Pro, aimed at helping online merchants combat bot attacks, account takeovers, synthetic identities and other newer fraud technologies.Payments provider Paysafe Ltd. said it will support payments for U.S. hotels via a …
Read More »PayPal Advances Its U.S. POS Ambitions With a Launch of the All-in-One Zettle Terminal
PayPal Holdings Inc. early Tuesday said it is making its new Zettle Terminal available to U.S. merchants generally following a rollout in Europe last year. The $199 device represents the e-commerce payments giant’s latest thrust into physical shops and restaurants and builds on technology acquired when it paid $2.2 billion …
Read More »Elavon Launches a New POS Hardware Bundle Aimed at Small Businesses
In a bid to strengthen its hand with small businesses, Elavon, the Atlanta-based merchant-acquiring subsidiary of U.S. Bancorp, has launched talech Register, a payments and business analytics platform that, Elavon says, enables small business owners to manage their operations more efficiently. Elavon is initially offering two bundled packages for restaurants …
Read More »In a Crowded Market, Oracle Counts on Fixed Pricing to Boost Its New Platform for Restaurants
With restaurants scrambling to launch digital-payment options and a bevy of firms eager to satisfy that demand, the technology giant Oracle Corp. on Tuesday launched its Oracle Food and Beverage Payment Cloud Service. The Redwood Shores, Calif.-based company bills the new product as standing alone in offering contactless payments and …
Read More »Square’s New Tools Aim to Keep Restaurants a Step Ahead in the Technology Arms Race
Block Inc.’s Square unit late Thursday unveiled a suite of hardware and software tools the company says is aimed at helping restaurants manage orders, payments, and their overall business more efficiently as they wrestle with worker shortages and other fallout from the pandemic. The new technology also comes as competition …
Read More »Orduo Launches Restaurant Ordering System and other Digital Transactions News briefs from 5/18/22
Technology firm Orduo has launched a white-label online ordering system for restaurants. The product is aimed at independent sales organizations and value-added resellers.NCR Corp. said its NCR Aloha Cloud point-of-sale system has a refreshed user interface, a small handheld device, and next-day funding of deposits.Routable, a business-payments platform aimed at mass payouts, launched …
Read More »Lightspeed Leverages a Single Platform That Enables POS And E-Commerce Payment Channels
Lightspeed Commerce Inc. early Thursday announced the launch of Lightspeed Retail. The new platform, which pulls features from platforms of other companies the Montreal-based processor has acquired, combines point-of-sale, payments, and e-commerce solutions. The platform also leverages so-called headless commerce technology, which is an e-commerce architecture where front-end applications are decoupled …
Read More »Next on the POS Menu
Cash use is down and digital payments are up for restaurants. How has this changed the payments landscape for this merchant segment? Cash use is down. Customers want and demand new ways to order. Staffing is more challenging and costs are going up. For restaurants, this litany of operational issues …
Read More »Restaurant Spending up 4% and other Digital Transactions News briefs from 4/29/22
Consumer restaurant spending was up 4% in the first quarter, compared to a 7% increase in the 2021 first quarter, according to The NPD Group in a new report.Shift4 Payments Inc. has expanded its office in Lithuania, its only outpost in Europe, from a roster of two to more than 260 and …
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