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Fed: Cash Use Dips, but Resilient; Toast, Fiserv Each Broaden Dining Reach; Visa Tap ID Tech Debuts
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How Toast And Fiserv Are Widening Their Reach in Restaurants
Competition for payments processing in the $1 trillion plus U.S. restaurant industry, already hot, reached a higher temperature Tuesday with announcements from Toast Inc. and processing giant Fiserv Inc. Toast, a 15-year-old specialist in restaurant point of sale, said it is expanding its reach in the complex pizza business with …
Read More »Eye on POS: Square Counts 140 ISO Partners; Toast Locations Increase 22%
Competition among point-of-sale system providers shows no signs of weakening among two top companies. Square, the acquiring arm of Block Inc., reported a 13% increase in its payment volume for the first quarter, while competitor Toast Inc. says its gross payment volume rose 22% year-over-year. Square’s first-quarter performance comes on …
Read More »Toast Checks in at Preferred Hotels; Fiserv: April SMB Revenue Up; Tray’s Maple AI Integration
Eye on POS: Preferred Hotels Prefer Toast; NCR Voyix Expands at Stater Bros. Markets
Restaurant payments and management-software provider Toast Inc. announced Monday that it is now an endorsed vendor for luxury hotel group Preferred Hotels and Resorts, and NCR Voyix Corp. reported an expansion of its existing relationship with Southern California grocery chain Stater Bros. Markets. Toast said it is now a member …
Read More »Square Unveils Its Managerbot, And Toast’s New Device Goes Abroad
Two major providers of point-of-sale payments technology announced early Tuesday they are expanding key initiatives that have been long in development. For one of these providers the expansion goes well beyond payments. Block Inc.’s Square POS unit launched its Managerbot technology among sellers participating in an open beta. Based on Square …
Read More »AmEx’s Agentic Commerce Leap; Toast Rolls into Drive-Thrus; SpotOn’s Rapid Fund Debuts
The Challenges Facing Toast in the Drive-Through Lane
Toast Payment Volume up 22% and other Digital Transactions News briefs from 2/13/26
Restaurant point-of-sale specialist Toast Inc. announced its December-quarter gross payment volume grew 22% year-on-year to $51.4 billion, while total locations reached 164,000, up 22%, and net income totaled $101 million, more than triple the sum a year earlier. For the full year, GPV totaled $195.1 billion, up 23%, while net income swelled …
Read More »Toast Links Dining to Instacart’s Marketplace; Ingenico Launches Its 360 Platform Plus AXIUM Terminals
Toast Inc. announced early Tuesday it is partnering with online grocery-delivery and-pickup service Instacart to connect restaurants to the Instacart Marketplace, an aggregator of food and beverage suppliers. The move will enable food-and-beverage retailers on the Toast platform to align their product catalog with in-store stock and provide restaurants with …
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