Shift4 Payments Inc. early Thursday reported a 26% jump year-over-year in September-quarter processing volume as the company continues to deploy assets acquired in its $2.5-billion deal for the Swiss processor Global Blue. “We are number one in hotels, number one in stadiums, and we are just beginning to bring these …
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Payments-technology platform Adyen NV introduced two new point-of-sale terminals, the S1E4 Pro, a mobile device, and the S1F4 Pro, aimed at countertops. The devices will be available for order in the first quarter next year. Processor Lightspeed Commerce Inc. reported September-quarter revenue of $319 million, up 15% year-over-year, on a 22% jump in gross …
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Toast Inc. is coming on strong when it comes to adding new locations for its point-of-sale system, with 7,500 net new locations added in the third quarter. That brings it locations total to 156,000 globally as of Sept. 30. It added 8,500 locations in the second quarter and more than …
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FIS Inc. historically has been known for its banking technology and for its merchant processing. With its sale of the merchant processor Worldpay to Global Payments Inc., the Jacksonville, Fla-based company has been venturing into other new business opportunities, including artificial intelligence and stablecoins, its top management indicated early Wednesday. …
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Global Payments Inc. early Tuesday heralded updates for its Genius point-of-sale technology as it celebrated a recent regulatory ruling that speeds up the company’s $22.7 billion deal for the processing giant Worldpay. “We now expect to close on Worldpay in the first quarter of 2026,” chief executive Cameron Bready told …
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E-commerce platform Miva Inc. launched MivaPay, developed with PayPal Holdings Inc., to make it easier for merchants to accept payments. Video-game commerce company Xsolla updated its Web Shop and Buy Button services. Payments provider Usio Inc. said it processed 16.2 million transactions in the third quarter, a record volume. Gaming payments specialist Pavilion Payments said Barton’s Club 93 …
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Restaurant point-of-sale provider Toast Inc. has further expanded its agreement with ride-sharing technology provider Uber Technologies Inc. to help restaurants in the United States and Canada better manage digital ordering, enhance the guest experience, attract new customers, and increase sales. New tools the two companies plan to create include customer …
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The Fiserv Small Business Index remained unmoved at 148 in October from September. Both year-over-year sales and transactions were up in October, up 1.5% and 1.1%, respectively, but this was the slowest annual sales growth rate since February, Fiserv Inc. said. Consumers pulled back on their spending at restaurants and other discretionary …
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The fintech Atomic Financial announced its launch of PayDirect, a service that it says lets consumers view, manage, and pay bills directly from a bank or fintech app. Zip Co Ltd., a payments-app developer, announced it is working with Forage Technology Corp., a processor for government benefits, on a plan to waive …
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A day after Fiserv Inc. released disappointing third-quarter results, stock analysts are showing little confidence in the payments company’s ability to make a course correction. In a note to investors, William Blair & Co. analyst Andrew W. Jeffrey said the financial-services firm can “no longer recommend Fiserv given what we …
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