Friday , January 19, 2018

Sheetz Moves Ahead on EMV Upgrades and other Digital Transactions News briefs from 10/6/17

  • 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.

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