EMS Relocating Headquarters and other Digital Transactions News briefs from 1/5/18
Digital Transactions News staff
January 5, 2018
Acquiring, Competitive Strategies, Digital Currency, Transaction Processing
- Suburban Cleveland-based merchant processor Electronic Merchant Systems announced it will move its headquarters to downtown Cleveland in mid-2018. The new location offers about 48,000 square feet of space.
- Point-of-sale equipment maker Star Micronics released PromoPRNT, a service that enables merchants to create printed promotions in addition to receipts.
- U.S. Attorney General Jeff Sessions’ decision Thursday to scrap an Obama-era policy that offered legal shelter for state-sanctioned marijuana sales could crimp California’s budding pot industry by cutting its already-tenuous access to the financial system, the Los Angeles Times reported.
- Online precious-metals dealer JMBullion said it accepted more than $60 million in Bitcoin payments in 2017 for gold and silver, more than five times the volume it did in 2016, when it began accepting the digital currency.