PAR Technology Corp. will provide its PAR POS and PAR OPS technologies for ordering and restaurant management under an agreement announced by Papa John’s International Inc., operator of more than 6,000 locations globally. PAR OPS is a back-of-house management platform. Ingenico Group announced it will work with Toshiba Global Commerce Solutions to …
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Artificial intelligence is playing a significantly bigger role in online shopping, according to Adobe Analytics. During the 2025 holiday shopping season, AI referrals generated a nearly seven-fold increase in online retail shopping traffic, compared to a year earlier, Adobe says. At the same time, conversion rates from AI referrals were …
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The private-equity firm GTCR said the previously announced $24.25-billion sale of processor Worldpay to Global Payments Inc. has closed. As a result of the transaction, GTCR will own roughly 15% of Global Payments’ equity, the investment firm said. GTCR acquired a majority stake in Worldpay in July 2023 from the processor FIS Inc. Global …
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Lightspeed Commerce Inc. has launched Lightspeed AI, becoming the latest point-of-sale system and e-commerce platform provider to add an artificial intelligence layer to its platform. Lightspeed is integrating the app into its retail, restaurant, and NuOrder business-to-business platforms in an effort to provide merchants and business-to-business sellers with automated insights …
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Payments and rewards platform PointsKash Inc. said it has signed a new independent software vendor (ISV) agreement with payments processor Paysafe, allowing PointsKash to integrate Paysafe’s processing capabilities into its app. NCR Voyix Corp. announced it has begun to outsource its self-checkout and point-of-sale hardware businesses to technology firm Ennoconn Corp. under a …
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PayPal Holdings Inc. said it will support the launch of Microsoft Corp.’s Copilot Checkout capability, part of the company’s Copilot technology. PayPal will enable discovery of merchant inventory and enable branded and guest checkout and credit card payments as part of the program. Modulr Finance Ltd. announced it is launching its real-time …
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Online shoppers spent a record $257.8 billion from Nov. 1 through Dec. 31, a 6.8% increase from the same period in 2024, according to Adobe Analytics. Over the same period, daily e-commerce spending totaled or surpassed $4 billion on 25 days, compared to 18 in 2024. Cyber Week, the five …
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The Jack in the Box Inc. restaurant chain has completed the installation of the Qu POS Inc. commerce platform in its 2,100-plus locations in 15 months, Qu said. Qu announced the Jack in the Box win in 2024. PayPal Holdings Inc. launched its Transaction Graph Insights & Measurement program, aimed at providing merchants with data …
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Tower Payments, a high-risk merchant payment processor, launched a service for e-commerce sites selling nicotine pouches that restores credit card processing in the wake of a sudden account closure by the merchant’s existing processor. The service uses underwriting teams experienced with merchants selling synthetic and tobacco-derived nicotine products to guide …
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The stablecoin hype is real. The pitch sounds irresistible: instant settlement, lower costs, fewer intermediaries. So, will the world move on from cards to stablecoins? Nope. Why not? Because it’s more nuanced than that. Stablecoins and cards aren’t competing for the same job. Rather, they solve different problems in the …
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