Digital Transactions Authoritative, insightful and timely information for payments professionals
A new fast-food and beverage concept called CosMc’s is using the Xenial cloud-based point-of-sale system from Global Payments Inc. CosMc’s is a beverage-first restaurant developed by McDonald’s Corp. with one location so far. Xenial, a Global Payments company, supplies it enterprise-level POS system to CosMc’s. Xenial was originally part of …
February, 2024
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22 February
Zilch Tries 3-Month BNPL And Other Digital Transactions News briefs from 11/30/23
London-based buy now, pay later platform Zilch said it will launch in April an option allowing users to spread interest-free payments over three months. A trial of the service is in progress with 100,000 Zilch users. The company, whose main offering requires repayment over six weeks, claims 3.6 million users overall. Yardi, …
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21 February
Eye on POS Tech: POS Nation Acquires GrazeCart; Toast Signs Caribou Coffee
Point-of-sale technology provider POS Nation has acquired e-commerce platform GrazeCart for an undisclosed sum. The deal will provide POS Nation with access to an e-commerce platform that will expand its reach to new customers in food suppliers, such as farmers and ranchers that sell direct-to-consumer under their own brand, POS …
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21 February
Good News for Paze: 44% Would Use a Bank-Provided Digital Wallet
When it comes to online checkout, consumers like using digital wallets. Seventy-two percent of them value digital-payment tools like digital wallets to make the online checkout easier, says Paze in its inaugural Paze Pulse report. Paze is an upcoming digital wallet from Early Warning Services LLC. Backed by seven large …
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21 February
AfterShip Apple Wallet Updates And Other Digital Transactions News briefs from 2/21/2024
AfterShip, an e-commerce service, said it has enabled merchant users to get real-time delivery updates and track orders through Apple Wallet. Fortress Payments, a fintech for credit card issuing and acquiring, said it will work with AI-software provider Paravision to update Fortress’s Payment Identity Platform via face-matching and “liveness” technology. …
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20 February
Fiserv Extends Clover Discounts to Genesis Bank Merchants
Fiserv Inc. is partnering with Genesis Bank to provide low-to-moderate income small businesses in Southern California serviced by the bank access to its Clover point-of-sale technology at a reduced cost. The deal opens the door for low-to-moderate income small businesses a way to access to select Clover technology bundles with …
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20 February
Not Even 1% Want Crypto Checkout And Other Digital Transactions News briefs from 2/20/24
Cryptocurrency as a payment method is only wanted by less than 1% of online shoppers surveyed in a Chargebacks911 report. The survey was performed by consulting and research firm TSG of 4,000 consumers. Payments platform ConnexPay said it is working with the UATP network and has launched its ConnexPay UATP card, a virtual card that …
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19 February
Capital One May Acquire Discover. What Could That Mean?
Capital One Financial Corp. may be on the brink of acquiring Discover Financial Services, if two news reports are accurate. The Wall Street Journal and Bloomberg.com separately reported on Monday a deal between the two credit card juggernauts is in the offing, with The Journal reporting an announcement could come …
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19 February
Lavu Hits the 1-Billion Transactions Mark Amid a Merchant Billboard Program
Restaurant point-of-sale specialist Lavu Inc. notes more than 1 billion orders have been placed on its POS platform. This comes as Lavu starts a restaurant advertising program featuring billboard advertising. Lavu, which debuted with an iOS app in 2010, now has customers in 65 countries. The billboard program, however, harkens …
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16 February
NMI Launches an Embedded Payments Platform to Ease Integration And Processing for ISOs
Payments provider NMI LLC announced Thursday the launch of NMI Payments, a modular embedded-payments solution that enables software companies and independent sales organizations to integrate and accept payments online, in-store, in-app, through mobile devices, and at unattended payment terminals, according to the company. NMI Payments integrates within existing applications and …
