- Convenience-store chain Sheetz Inc. announced it is upgrading the forecourts of its more than 500 locations with EMV acceptance at the pump. The new equipment from Gilbarco Veeder-Root was jointly developed with VeriFone Systems Inc. In addition to EMV acceptance, the technology supports mobile wallets, encryption, barcode scanning, and contactless payments.
- Dovetail Systems Inc. said restaurants using its Gusto Point of Sale product will have access to Vantiv Inc.’s triPOS Cloud, an application programming interface enabling a wide array of payment methods.
- Mastercard Inc. said it is working with shared-workspace provider WeWork to deploy Internet of Things technology at a WeWork facility in San Francisco. Desks there are metered so members are charged only for the time they use a desk. Members shopping in WeWork’s Honesty Market can pay for items without a physical or digital wallet.
- Nearly five years after it set up shop in Canada, merchant processor Square Inc. is introducing support for Interac debit cards for businesses and has developed a C$59 ($47.03) contactless chip card reader, theFinancial Post reported.
- David Cameron, who was prime minister of the United Kingdom from 2010 to 2016, has joined First Data Corp.’s international advisory board. First Data formed the board in 2015.
Visa Inc. CEO Alfred Kelly told CNBC that Bitcoin currently is a “speculative commodity” and …