MagTek Inc. is the latest point-of-sale equipment maker to make Tap to Pay on iPhone available on its devices. And, Elo will preview its new self-checkout platform, Wallaby SCO. Seal Beach, Calif.-based MagTek says the contactless payment service Tap to Pay on iPhone is now available through its iOS Virtual …
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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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[Aug. 15] The percentage of consumers purchasing gift cards has gone up and is expected to increase yet more this year, finds a new report Bank of America Corp. commissioned from TSG, a payments advisory firm. The report found that 38% of respondents purchased a digital gift card in 2024, up …
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Dec. 31 will be the last day on which mass transit users can buy or refill a MetroCard for use on New York City’s subway system, as the card is being replaced by OMNY, a system that allows riders to tap a card or mobile device to pay a fare. MetroCard was introduced …
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[Jan. 13] J.P. Morgan Payments, the payments arm of banking giant JPMorgan Chase & Co., is blazing its own path with two new payment terminals, both proprietary to the payment service. Announced Monday, the J.P. Morgan Paypad and Pinpad integrate in-store biometric authentication with payment acceptance. The point-of-sale devices are …
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Predictions that gift cards would be a popular choice this holiday shopping season may bear out. At least one gift card provider, Tillo Inc., finds that across Black Friday to Cyber Monday, Nov. 28-Dec.1, its total sales were up 41% over the similar period in 2024. Tillo, based in the …
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In-store and online retail sales in the U.S. market grew 3.9% from Nov. 1 through Dec. 21 compared to last year, according to Mastercard Inc.’s SpendingPulse report, which excludes automotive sales. The result, which is not adjusted for inflation, represents all payment types… …while preliminary data in a separate report from Visa Inc. indicate …
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Differentiation is a key tactic in the payments world, and Aurora Payments and Clara Capital are the latest in merchant processing to stand out with new services. First, Tempe, Ariz.-based Aurora Payments is working with Germany-based 2S LimouSolution to integrate the Aurora Arise payment platform in 2S’s software. Launched in …
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SoundHound AI Inc., a provider of artificial intelligence-based voice technology apps, unfolded its voice commerce strategy in the hotly competitive restaurant market with the introduction of an in-vehicle, artificial intelligence-based reservations agent. The reservation system, developed with restaurant-reservation platform OpenTable Inc., connects drivers to a network of more than 60,000 …
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The potentially lucrative bill-payment market has a new entrant to help banks and fintechs capture some of these transactions. Dubbed PayNow, the new service from Atomic FI Inc. can help banks and fintechs drive engagement and loyalty with their customers, it says. Launching initially with a mobile and Internet provider, …
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