Square, Block Inc.’s point-of-sale payments unit, continues to focus on growing its POS business in the wake of its decision earlier this year to reduce its workforce by more than 40%. The latest deal is an expansion of an existing relationship with Birch Coffee, a New York City-based coffee chain. …
Read More »Chime Unveils Chime Prime and other Digital Transactions News briefs from 4/3/26
Chime Financial Inc., a banking-services fintech, unveiled Chime Prime, a rewards platform for customers who use Chime as their primary checking account. Users must receive at least $3,000 each month in qualifying direct deposits to be eligible for rewards, which include 5% cash back on certain spending using the Chime …
Read More »ParTech Beefs Up Its Marketing Mojo With Its Bridg Acquisition
Retail technology provider PAR Technologies Inc. has acquired the Bridg point-of-sale marketing platform from Cardlytics Inc. ParTech expects the move will enable its quick-service restaurants and other customers to activate offers targeted at previously anonymous shoppers and identify which marketing tactics drive consumer spending. New Hartford, N.Y.-based ParTech is paying …
Read More »Domino’s and PayRange Add the Paze Wallet Option
Paze, the digital-checkout option from Early Warning Services LLC, lined up Domino’s Pizza Inc. and PayRange LLC as the latest merchants to offer the online-only service. Domino’s says more than 85% of its sales come through digital-ordering channels. PayRange specializes in self-service transactions, such as for laundry machines. Paze will …
Read More »Square’s POS Data Pinpoint the Value of Regular Customers
As creatures of habit, individuals often follow a routine throughout the day, and that extends into their local shopping activity. New data from Square, the point-of-sale arm of Block Inc., have found that regular customers generate six times more revenue for local businesses than more transient shoppers. Drawing on transactions …
Read More »Citi Adds Paze and other Digital Transactions News briefs from 3/17/26
Early Warning Services LLC said Citi, a unit of Citigroup Inc., will offer Paze, the Early Warning online checkout service, to its cardholders. They can activate Paze via Citi.com, the Citi mobile app, or on Paze. Celero Commerce said it acquired substantially all of the assets of Petroleum Processing Solutions. The acquisition …
Read More »CPI Revenue up 13% and other Digital Transactions News briefs from 3/5/26
CPI Card Group Inc. posted improved fourth quarter and full year 2025 results with $153.1 million in fourth quarter revenue, up 22.4% from $125.1 million in the year prior quarter. Its net income for the quarter of $7.4 million was an 8.8% increase from $6.8 million a year earlier. For the …
Read More »PAR Debuts Retail Drive and other Digital Transactions News briefs from 3/3/26
PAR Technology Corp., a payments-technology provider, has launched PAR Retail Drive, an AI tool aimed at aiding convenience stores and fuel retailers in data analysis and decision-making. Shift4 Payments Inc. said it has closed on its acquisition of Bambora North America, collectively the North American unit of Worldline, the big Paris-based processor. …
Read More »ACI Revenue up 13% and other Digital Transactions News briefs from 2/26/26
Processor ACI Worldwide Inc. announced fourth-quarter revenue of $253.2 million, up 13% year-over-year, while full-year 2025 revenue totaled slightly more than $1 billion, a 12.3% increase from 2024. Net income for the quarter slid 35% to $64.3 million, though for the full year it climbed 12.6% to $226.7 million. NCR Voyix Corp., …
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