Block Inc.’s Square point-of-sale unit announced the launch of SquareAI in the United Kingdom. The technology, which Square says is free to merchants, offers conversational AI intended to help business owners interpret their data and arrive at decisions faster. Payments provider Blue Payment Agency Inc. expanded its focus to help e-commerce sites, especially those …
Read More »Deluxe Profit up 61.2% and other Digital Transactions News briefs from 1/29/26
Deluxe Corp. reported $2.13 billion in 2025 revenue, up 0.5% from $2.12 billion in 2024. Its net income, however, grew even more reaching $85.3 million in 2025, up 61.2% from $52.9 million the year prior. In the fourth quarter, Deluxe had $535.5 million in revenue, up 2.8% from $520.5 million in …
Read More »Eye on POS: MagTek Adds Tap to Pay on iPhone; Elo’s Readies Wallaby Self-Checkout Platform
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 …
Read More »Jack in the Box Ready with Qu and other Digital Transactions News briefs from 1/7/26
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 …
Read More »Gift Card Demand Is Poised to Increase This Holiday Season
[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 …
Read More »So Long MetroCard, It’s Time for OMNY and other Digital Transactions News briefs from 12/29/25
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 …
Read More »J.P. Morgan Payments Opts for Proprietary POS Terminals
[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 …
Read More »Holiday Gift Cards Bloom, Especially Among Younger Consumers
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 …
Read More »Holiday Retail Shopping up 3.9% and other Digital Transactions News briefs from 12/23/25
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 …
Read More »Aurora Payments Goes for a Ride with 2S LimouSolution; Clara Capital Debuts Same-Day ISO Commissions
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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