Fiserv Inc. announced Tuesday morning it will enable QR code payments for consumers using PayPal or Venmo at merchants Fiserv processes for through its Clover devices or Carat omnichannel payment systems. Users of the PayPal or Venmo app will scan a QR code with their phone and can receive a …

App-based technology for point-of-sale transactions has been a preserve of POS system providers like Square and Clover, but now smaller independent sales organizations are looking for a piece of that growing pie. Early Thursday, VizyPay LLC announced VizyPOS, an app that can control such functions as cash discounting and real-time …

Thanks to the proliferation of such financial-service technologies as mobile wallets and peer-to-peer and e-cash payments, especially during the Covid-19 pandemic, financial-technology providers are closing the gap on unbanked and underbanked consumers’ access to financial services, according to a report from the Electronic Transactions Association. One example cited in the …

Payment platform provider NMI’s acquisition of gateway provider USAePay for an undisclosed sum is based on the rationale that it better positions NMI to meet merchants’ need for connected, multichannel payment technology, which has become especially valuable in the face of the pandemic. It also bolsters NMI’s economies of scale. …

In a nod to merchants’ need for more favorable point-of-sale pricing as a way to counterbalance the decline in business many have incurred as a result of the Covid-19 pandemic, cloud-based POS-services provider Sky Systemz has introduced the Sky Terminal. Priced at $749, Sky Systemz’s contactless point-of-sale terminal features a …

More than a year has passed since three giant mergers promised to change the payments world. Change has come, but not where many expected to see it. Alone, any of the six companies involved in the round of megamergers in 2019 is huge. Recall that Global Payments Inc. acquired Total …

CardFlight Inc., a provider of payment hardware and software-as-a-service payment applications, announced Wednesday a major product line expansion into the burgeoning market for countertop point-of-sale devices that can function as cash-register replacements. The new line of terminals, on which merchants can run CardFlight’s SwipeSimple software, includes a trio of models …

MoneyGram International Inc. said it is will “continue to monitor for any potential impact” from a recent lawsuit against cryptocurrency payments firm Ripple Labs and two top executives by the U.S. Securities and Exchange Commission. MoneyGram has used Ripple’s foreign exchange blockchain since June 2019 to trade in four currencies, though the company …

Mega-merger fever hasn’t subsided in the payments industry. A combination of FIS Inc. and Global Payments Inc., which have reportedly broken off talks to merge in a deal that could be valued at $70 billion, would represent a continued push for yet more economies of scale in a business whose …

Fiserv Inc. announced Wednesday an agreement to acquire, for an undisclosed sum, Ondot Systems Inc., whose technology includes so-called card controls, or tools that allow cardholders to switch usage on or off according to considerations of security or preferred usage. The deal is expected to close in the first quarter …