Sunday , December 28, 2025

Acquiring

Beyond Amazon: 57,000 Stores Globally Are Offering Mobile Self-Checkout Technology

Amazon.com Inc. grabbed headlines last week with its announcement that it will deploy its palm-reading checkout technology in all of its more than 500 U.S. Whole Foods stores, but it turns out scanning capability from a wide variety of software companies is taking over checkout duty worldwide, according to recent …

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Global Airlines And AmEx And Other Digital Transactions News briefs from 7/31/23

Global Airlines, which launched this year and expects its first flight in 2024, announced it is accepting American Express for ticket bookings. The big China-based mobile-payments provider Alipay said its Alipay+ service, which includes marketing support, launched its Premier Partner Program globally with enrollment so far by 30 Asian retailers. Specialty-insurance carrier Blitz Insurance …

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Shift4 Decries ‘Junk Fees’ Levied by Rival Restaurant Processors

Shift4 Payments Inc. said early Thursday it will pay restaurants a dollar for every online order they receive across the first three months that they use the company’s SkyTab POS system. Shift4 contends it is making the move in response to what it calls junk fees charged by other payment …

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Tap to Pay in North America And Other Digital Transactions News briefs from 7/27/23

Payments-technology provider Aevi said it is working with contactless-technology firm Bleu to offer tap-to-pay functionality in North America and Europe on both Android and iPhone devices. Cross River Bank said it will enable an expanded menu of payment options through open-banking platform Plaid, including instant transfers for payroll and other applications. Payments provider Lightspeed …

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POS Technology Helps Deliver Double-Digit Growth for Fiserv’s Acquiring Unit

The merchant-acquiring business helped deliver a strong quarter for Fiserv Inc. as the big processor reported Wednesday its ninth consecutive period of organic revenue growth, or growth stemming from existing rather than recently acquired businesses. The Brookfield, Wis.-based company singled out its Clover point-of-sale technology for special mention as a …

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Euronet’s Growth And Other Digital Transactions News briefs from 7/26/23

Payments provider Euronet Worldwide Inc. said its money-transfer segment handled 41.1 million transactions in the second quarter, up 10% from 37.3 million a year earlier. The U.S. Treasury Department’s Office of the Comptroller of the Currency, which regulates national banks, assessed a $15 million civil fine against American Express Co.’s American Express National …

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Visa’s CEO Delicately Fields Questions About the Company’s Merchant Relations

Visa Inc.’s top brass, during the company’s quarterly earnings conference call Tuesday afternoon, preferred to talk about fast-growing newer lines of business such as value-added services and transaction sources apart from traditional plastic credit and debit cards. But stock analysts on the call had questions about some sensitive merchant-relations issues, …

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NCR’s New Names And Other Digital Transactions News briefs from 7/25/23

NCR Corp. announced names for its two major business units once the company spins off its ATM operations, with both retaining the NCR moniker. The digital-commerce business will be called NCR Voyix, while the ATM operations will be named NCR Atleos. FIS Inc.’s Worldpay processing unit launched Revenue Boost, a service based on …

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With Its Chainwide Whole Foods Move, Amazon Signals Palm Checkout Is Ready for Prime Time

The planned expansion of Amazon.com Inc.’s palm-reading point-of-sale technology to all of the company’s 515 U.S. Whole Foods stores, a move the online retailer announced late last week, could represent a major leap for an authentication method few if any other backers have tried. The technology, introduced three years ago …

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For ISOs And Other Acquirers, Picking a Sponsor Bank Entails Understanding Banks

Independent sales organizations can’t do much without a sponsor bank, also known as an acquiring bank, to get them access to the payment card networks. As with most business endeavors, the complexity of finding a sponsor bank has increased. It’s a challenge that attendees at the 2023 Midwest Acquirers Association …

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Digital Transactions