Buy now, pay later services might be mostly associated with e-commerce, but BNPL providers are steadily moving acceptance into stores. The latest is Klarna AB with Monday’s announcement it is now an in-store payment method at more than 400 Walmart Inc. locations across Canada. Sweden-based Klarna says Walmart is its …
Read More »Eye on Restaurants: Qu Updates Its Kiosk; Purdys Chocolatier Picks Square
In the fiercely competitive restaurant market, point-of-sale systems makers can’t afford to slack off when it comes to features for restaurant operators. That’s why companies frequently develop new features. Qu POS Inc. and Square, separately, are the most recent examples. First up is Qu, an Arlington, Va.-based POS system maker with …
Read More »Eye on Credit Cards: Credit Card Users’ Affinity for BNPL; AmEx Adds Credit Card Perks
Credit card users are almost as satisfied using a buy now, pay later option as they are a credit card, finds new research from YouGov. Meanwhile, American Express Co. is adding new perks to entice its cardholders. The YouGov report, which is based on rolling survey data collected from U.S. …
Read More »Eye on Point of Sale: ParTech Lands Taco Bueno; Tote.ai Raises $22 Million for AI-Based POS
Par Technology Corp. can add quick-serve restaurant chain Taco Bueno to its client roster, while Tote.ai, developer of a point-of-sale system incorporating artificial intelligence for fuel and convenience stores, has raised $22.6 million for growth. First, ParTech, says the 140-location Taco Bueno chain will use the PAR POS and PAR …
Read More »No Summer Holiday for RTP As Volume Increases
Taking time off and getting away may be top-of-mind for many in the summer, but the payments system has little time for that, especially real-time payments networks. Real-time payments over the RTP network from The Clearing House Payments Co. LLC, increased over both the Memorial Day and July 4 weekends, …
Read More »Eye on Acquisitions: Deluxe Snaps up CheckMatch; Marqeta Closes on TransactPay
Deluxe Corp. is expanding its digital lockbox capabilities with the acquisition of CheckMatch, formerly part of a J.P. Morgan business unit. Meanwhile, Marqeta Inc. completed its purchase of TransactPay, a BIN-sponsorship provider. Minneapolis-based Deluxe says the addition of CheckMatch, which had been part of Kinexys by J.P. Morgan, the bank’s …
Read More »Fiserv Faces a Suit Over Claims It Misled Investors on a Merchant Migration to Clover
Payment processor Fiserv Inc. faces a lawsuit over allegations it misled investors over how it handled migrating merchants to Clover from its now retired Payeezy payment gateway, according to Labaton Keller Sucharow LLP, the New York City-based law firm representing the plaintiff, the City of Hollywood Police Officers’ Retirement System …
Read More »Eye on POS: GrabScanGo’s Easy Self-Checkout; Uncle Sharkii Picks Square; Verifone Enables Brazil’s Pix Acceptance in U.S.
It’s a busy time in the point-of-sale arena as three vendors—GrabScanGo, Square, and Verifone—note new products, customers, and features. GrabScanGo, the product name for GSG AveriGo LLC, says it has made its self-checkout platform a plug-and-play installation. Cerritos, Calif.-based GrabScanGo says the self-checkout platform, already in use in hotel brands such …
Read More »Gaming, Daily Purchasing, and Travel, Top Crypto Wallet Users’ Wish List
As more and more attention is drawn to cryptocurrency, crypto users are ready to use their holdings to make every day purchases and play games, finds a new report from Bitget Wallet. Released Monday, the report finds that, globally, 36% of respondents want to use their crypto wallets to make …
Read More »Clover Notes Selling Its 4 Millionth POS Device
In the almost 15 years since its debut, Clover, the point-of-sale system from Fiserv Inc., has reached 4 million devices sold, Fiserv says. Acquired by First Data Corp. in 2012, Clover started in 2010 as a point-of-sale service with hardware and software. Now, its devices and software are part of …
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