A 3-year-old technology enabling merchants to accept contactless payments using a regular smart phone with no special hardware has bloomed with a global year-over-year growth rate of 200%. That rate is even higher in the United States, United Kingdom, and Brazil, the three countries with the highest adoption rates, Visa …
Read More »Eye on POS Terminals: Ingenico Debuts an Integrated POS Device; Genesys Incorporates Tech from MagTek
The evolution of point-of-sale devices and technology is unwavering, and the latest development is from Ingenico with its new Axium CX9000, an electronic cash register. Additionally, MagTek Inc. and Genesys Technologies have launched a POS reader for unattended payments. Ingenico’s Axium CX9000 has two screens, a 1.56-inch one for the …
Read More »NCR Voyix Earnings Improve As It Signs a Worldpay Processing Deal
NCY Voyix Corp., the point-of-sale and processing firm, reports the number of platform sites and the number of payment sites increased 26% and 8%, respectively, in 2024 from 2023, amid the company’s improving financials for the year. Platform sites use NCR Voyix’s commerce platform and payment sites use its payment-processing …
Read More »Eye on Mastercard: i2c Joins One Credential; Ondo Enlists in Multi-Token Network; Personnel Moves
Mastercard Inc.’s One Credential, just announced last week, already is seeing some recruiting success with payments-technology provider i2c Inc. enrolling as one of the first issuing-processing partners. The Mastercard One Credential is a digital-payment service that supports multiple payment methods, such as credit, debit, and prepaid, as well as installment loans, …
Read More »Eye on E-Commerce: Adidas Adds Buy with Prime Option; Affirm Expands Shopify Deal
Consumers shopping for the latest in Adidas shoes and sportswear have a new payment option online and in-app with Amazon.com Inc.’s Buy with Prime option. In related e-commerce news, pay-over-time provider Affirm says its exclusive buy now, pay later service for Shop Pay on the Shopify platform will be available …
Read More »Eye on Mastercard: New Tools for the Mid-Market; a Feedzai Collaboration Targets Scams
Mastercard Inc. is launching a new service it says will help financial institutions better serve their middle-market business clients. The card brand also is working with Feedzai, a fraud-prevention provider, to help FIs better identify and stop scams. Announced Tuesday, the Mastercard Mid-Market Accelerator suite of products is aimed at …
Read More »Third Federal Injects Fiserv’s DNA
Third Federal Savings & Loan, a Cleveland-based bank with $17.1 billion in assets, is adopting Fiserv Inc.’s DNA platform. Fiserv acquired the core-processing platform in 2013 with an acquisition. Among the platform’s features is an AppMarket. Users can select a variety of payments apps, such as for automated clearing house …
Read More »Clover, Square, And Epos Now Top a Javelin Ranking of POS Systems for Small Businesses
The days of placing a point-of-sale terminal on a small business’s countertop and calling it enough have long passed. Now, as these merchants—defined as having less than $1 million in annual sales—want just as much varied payment acceptance and operational software sophistication as much larger ones, Javelin Strategy & Research …
Read More »Eye on Travel: Cruise Line Gets Onboard With PayPal; Worldline And Freedom Eye Travel Expansion
It may be the midst of winter, but some payment companies are preparing for the travel season. Travelers booking passage on a Norwegian Cruise Line ship can now use their PayPal Holdings Inc. digital wallet to pay for their cruises. PayPal says the payment option is available for trips with …
Read More »Eye on BNPL: Affirm’s Toothy Win; Gateway Adds Klarna Integration
Coast Dental, a dental practice with 100 locations in Florida, Georgia, and Texas, added Affirm’s buy now, pay later payment options. In related news, Decta Ltd., a United Kingdom-based fintech, has integrated Klarna AB’s BNPL service into its white-label payment gateway. Tampa, Fla.-based Coast Dental says the Affirm payment option …
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