Competitive Strategies

Point-of-sale equipment and services provider NCR Voyix Corp. has lined up Bruster’s Real Ice Cream with a multiyear deal that will see NCR Voyix provide Aloha Next POS devices and Voyix Kitchen technology on nearly 700 devices in 230 stores. Founded in 1989, Bruster’s has corporate and franchise locations; both …

One of the biggest trends in payments these days is agentic commerce, and the major card networks are making sure they can master the trend on behalf of banks and merchants. The payoff can be substantial. “AI is changing how commerce happens, and that leads to more transactions for Mastercard,” …

Samsung Electronics America launched Samsung Wallet Perks with a new feature that enables U.S. Galaxy users to earn cash back from brands directly to their Samsung Cash Cards. The rewards program now includes merchants in the Rakuten network. American Express Co. said eligible U.S. cash back card members can redeem …

Visa Inc. late Tuesday reported a strong September quarter featuring a 13% year-over-year  rise in revenue to $12.1 billion, generating GAAP net income of $6 billion. The financial momentum stemmed from a 9.5% increase in payments volume, to $4.08 trillion in constant dollars. For the full fiscal year ending Sept. …

Chip cards for recipients of the Supplemental Nutrition Assistance Program may be on the horizon because the Food and Nutrition Administration of the U.S. Dept. of Agriculture has issued a proposed rule that all states adopt the technology as one way to count fraud. Currently, just eight states issue chip …

NCR Voyix Corp.’s Aloha Next point-of-sale terminals will soon be used in nearly 600 First Watch Restaurant Group Inc. locations. In related news, Priority Commerce says it signed a multiyear deal to process ticket payments for the Cincinnati Bengals. Atlanta-based NCR Voyix says its multiyear deal with First Watch also …

PayPal Holdings Inc. reported a 2% rise year-over-year in third-quarter net revenue, to $8.58 billion, on a 6% increase in total payment volume, to $487.1 billion. Payment transactions rose 7% to 6.796 billion, while active accounts, at 440 million, were virtually flat, rising 0.6%. GAAP net income fell 14%, to $1.07 …

Chargebacks911 launched an AI agent to help merchants protect qualifying purchases made through AI agents without replacing their existing fraud prevention tech or restructuring their payments systems. The new service also provided indemnification against qualifying chargebacks associated with these purchases. Investment firm Francisco Partners completed its $650 million acquisition of …

Joining a trend building in the buy now, pay later payments sector to gain more control over their operations and offer more diversified services, Sezzle Inc. reported Thursday it has filed an application with the Comptroller of the Currency to charter a national bank to be known as Sezzle Bank …