Acquiring

Competition at the point of sale is just as tough behind the counter as in front. Two payments companies separately are launching new products they hope will give them an edge. PAR Technology Corp. released PAR Engagement, a portfolio of products meant to help enterprise restaurants win over more customers, …

Buy now, pay later platform Sezzle Inc. has sued Shopify Inc., alleging federal and state antitrust violations related to actions Sezzle says “stifle competition for [BNPL] service options on Shopify’s e-commerce platform.” The action was filed in the U.S. District Court for the District of Minnesota. The Shopify platform will adopt a feature from …

PayPal Holdings Inc. has formed an integration with Selfbook, an AI-based booking application for hotels, allowing customers who check out with PayPal and Venmo to get access to savings on hotel rates, PayPal says. DealerLogix, a provider of scheduling and payments software for automobile service departments, said it has been certified …

NK Retail, a Sweden-based luxury department-store chain, is deploying Lightspeed Commerce Inc.’s NuORDER by Lightspeed B2B commerce platform. NuORDER by Lightspeed is aimed at helping retailers streamline wholesale buying and selling with features like virtual showrooms and order-management systems.  NK offers a broad selection of fashion, beauty, interior design, and …

Fiserv Inc. said it has agreed to acquire the 49.9% share of Ireland-based AIB Merchant Services it doesn’t already own. The joint venture between the two companies dates back to 2007. CPACharge, an online payment service for accounting professionals from AffiniPay, has a new partnership with SafeSend, a service for tax …

The Teamsters Union, along with labor unions in the retail and food-service sectors, sent a letter to Congress Wednesday supporting the Durbin Marhsall Amendment to the GENIUS Act, a bill to regulate stablecoins. The endorsement is the latest salvo in the ongoing battle over the Credit Card Competition Act, which …

Ever since the card industry launched technology that lets merchants process transactions through an off-the-shelf mobile device, companies have worked to refine the idea further. Now, consumers can look forward to making remote purchases with a tap on their phone’s screen when they see something they want, according to payments …

Shift4 Payments Inc. named founder Jared Isaacman as its executive chairman effective Thursday. Isaacman had been nominated to lead NASA but last weekend President Trump withdrew that nomination. Taylor Lauber, who had been Shift4 president, moved to the chief executive position, Shift4 announced. Direct-to-consumer e-commerce provider ESW said its “Impact of Tariffs on …

Cannabis remains a federally illegal drug in the United States, but various states have acted over the past decade to legalize it and sales continue to grow fast enough that the market remains potentially lucrative for processors and banks. An example of how a major financial institution has entered this …

Mastercard Inc. and PayPal Holdings Inc. said they will work together to develop new features to the recently introduced Mastercard One Credential, a digital payment service that supports multiple payment methods that launched in February. In related news, PayPal said it is adding new capabilities to its Venmo social payments platform, including limited time …