Digital Transactions Authoritative, insightful and timely information for payments professionals
- Supermarket giant Publix said it is installing contactless-payment capability in all 1,242 of its stores in an effort expected to be completed by Saturday. The move will allow customers with mobile devices to pay via Apple Pay, Google Pay, or Samsung Pay. The chain also said it is beefing up efforts to disinfect surfaces in its stores, including PIN pads, ATMs, and vending machines.
- Facing layoffs amid a huge revenue drop caused by the impact of the Covid-19 virus on merchants, top executives at independent sales organization Gravity Payments met with employees to ask how large a pay cut they could tolerate. The ensuing voluntary cuts put Gravity on track to go eight to 12 months with no layoffs, Inc. magazine reported.
- Payments-technology firm Touchpoint.io announced Safe Distance Pay, software that allows merchants to accept mobile payments from customers who have Apple Pay or Google Pay on their mobile devices without any additional POS equipment. Six counties in the Bay Area of California now require businesses to offer contactless payments or to disinfect POS equipment after each use, the company said.
- Payments provider Bryte Payment Solutions Inc. announced a program to offer restaurants technology without set-up or monthly fees to enable an online-ordering service during the time of stay-at-home and social-distancing orders and recommendations.
- Payments-technology provider Sound Payments said it is waiving its point-of-sale service fees for three months for both existing merchants and those that sign up this month.
- Payments provider USAePay said its gateway service has been integrated into the Brightpearl point-of-sale service.
- Processor Fidelity National Information Services Inc. (FIS) said an increasing number of banks and credit unions are using its real-time lending platform to quickly process small-business loan applications under the new CARES Act, the relief package Congress passed to mitigate the effects of the coronavirus on the economy that includes up to $349 billion in loan funding for small businesses.
Related Articles
Check Also
Time Will Tell on How Soon Pay by Bank Goes Mainstream
Open banking, the ability for third-party developers to access financial data in traditional banking systems, …