Point-of-sale

March, 2024

• 11 March

  POS Tech for Dining Gains Yet More Momentum As Olo Goes to the Point of Sale And Par Unveils New M&A

  

  The restaurant and related hospitality market has attracted plenty of attention the past few years from payment platforms, rendering the market one of the hottest in the field of digital payments and marketing. And the trend shows no signs of cooling off, as processors and related service providers look to …
• 11 March

  Apple Reverses Epic Decision and Other Digital Transactions News briefs from 3/11/24

  

  Apple Inc. on Friday reversed course on Epic Games, saying it would allow the online game developer to build its own app store in Europe for Apple devices. The reversal came as the European Union’s Digital Markets Act took effect last week. In the U.S. market. Apple several years ago permitted Epic …
• 7 March

  Paysafe’s Top Brass Notes Some Improvement But Adds Much Is ‘Yet to Be Done’

  

  Bruce Lowthers has been a man on a mission since taking over as chief executive at a struggling Paysafe Ltd. nearly two years ago, and early on Thursday he laid out an agenda for the work his company has yet to do. While he touted some improvement so far, “there …
• 6 March

  An Active Year Helps Boost Results for Canada’s Nuvei

  

  The big Montreal-based processor Nuvei Corp. has had a busy year since its headline acquisition early in 2023 of Atlanta-based Paya Holdings Inc., and late on Tuesday it disclosed how that activity has helped buoy its financial results. Nuvei, which was known until 2018 as Pivotal Payments, reported it processed …
• 6 March

  PayRange Battles Alleged Patent Misuse And Other Digital Transactions News briefs from 3/6/24

  

  Unattended payments specialist PayRange Inc. said it filed a patent infringement lawsuit against CSC ServiceWorks, an operator of laundry machines in multi-family housing and college dorms. This is in addition to a previous patent infringement suit it filed in March 2023 against CSC ServiceWorks. In the new suit, PayRange seeks more than …
• 5 March

  Eye on Restaurants: SpotOn Adds a Marketing App; IHG Hotels & Resorts Partners With eTip

  

  Payment technology provider SpotOn Transact LLC looks to expand its footprint in the highly competitive business of restaurant payments with the introduction of SpotOn Marketing Assist, an app that automates email and social-media marketing campaigns for restaurants. The app—which integrates with Spot On’s SpotOn Restaurant POS, SpotOn Order, and SpotOn …
• 5 March

  CFPB’s New Card Late Fees Cap and other Digital Transactions News briefs from 3/5/24

  

  The Consumer Financial Protection Bureau finalized a rule that caps late fees on credit card payments to $8, down from a typical $32. The rule goes into effect 60 days following its publication in the Federal Register. Other provisions include ending automatic annual inflation adjustment on the fee and requiring larger card …
• 4 March

  Eye on Travel: AmEx’s New Virtual Card Integration for Small-Business Travel and Expenses; IHG Hotels Endorses Grazzy for Digital Tipping

  

  American Express Co. unveiled on Monday a new virtual card integration with AmEx Global Business Travel’s Neo1 platform for travel and spending management. And digital-tipping software developer Grazzy Inc. said IHG Hotels and Resorts has named it as an approved partner for providing tips to hotel employees electronically. The AmEx …
• 4 March

  Galileo’s RTP Addition and other Digital Transactions News briefs from 3/4/24

  

  Galileo Financial Technologies expanded its relationship with The Bancorp Bank NA that now includes access to the RTP network, the real-time payments service from The Clearing Payments Co. LLC. Apple Inc. was hit with a $2 billion fine by the European Union over its European app store payment practices, CNN reported. Synchrony …
• 1 March

  Newly Independent NCR Voyix Reports Platform Growth

  

  In its first earnings report since its split from the former NCR Corp., point-of-sale and digital-commerce technology provider NCR Voyix Corp. on Thursday said it added 14,000 sites to its platform in 2023. Atlanta-based NCR Voyix’s platform handles payments, business-management and marketing functions for retailers, restaurants, and banks, and the …