Point-of-sale

December, 2022

• 8 December

  Small Business Owners Most Like AmEx, Closely Followed by Chase and BofA

  

  A new report from J.D. Power finds that small-business owners, struggling to offset inflation’s impact and supply-chain issues, continue to rely on their credit cards. American Express Co. cards for small businesses scored highest in the 2022 U.S. Small Business Credit Card Satisfaction Study from J.D. Power. This is the …
• 7 December

  Crypto’s Headaches Started Long Before the Collapse of FTX, According to App Stats

  

  Jitters about the economy and the impact of the FTX implosion may have combined to clobber the cryptocurrency market, but new data shows that app downloads peaked as long as a year ago. In fact, downloads of crypto trading apps from the App Store, and Google Play, along with direct …
• 7 December

  Clickatell’s Travel Chat Updates And Other Digital Transactions News briefs from 12/7/22

  

  The messaging app Clickatell added updates to its Chat Commerce Platform, including a new integration of Chat 2 Pay, which allows travel brands to accept payments as part of business messages. The card-issuing platform Marqeta Inc. announced it has integrated Mastercard Track Instant Pay, which enables immediate payment of supplier invoices. The virtual-card platform Extend announced …
• 6 December

  Eye on E-Commerce: GoDaddy’s Platform for WordPress, And Aeropay’s Mosaic Move

  

  The big Internet services provider GoDaddy Inc. said on Tuesday it is using its Manage WooCommerce Stores technology to help sellers open and manage a store on the WordPress online platform. The move, which could bring more small sellers into the e-commerce fold, is aimed at untangling the complexity GoDaddy …
• 6 December

  Looking to Sharpen Its Edge in Merchant Services, NMI Acquires Agreement Express’s Payments Assets

  

  Payment platform provider NMI has acquired Agreement Express Inc.’s merchant onboarding, underwriting, and monitoring technologies. The acquisition, which is for the payments portion of Agreement Express’s total business, is aimed at allowing NMI to provide integrated software vendors, independent sales organizations, and fintechs with tools that can speed up merchant …
• 6 December

  Curve Lines up $1 Billion for Flex And Other Digital Transactions News briefs from 12/6/22

  

  Curve OS Ltd. said it secured a deal with Credit Suisse to fund its first $1 billion in installment loans, via its Curve Flex product, in the United Kingdom, Europe, and the United States. London-based Curve announced Curve Flex in 2021. A survey from Bango PLC of 2,500 U.S. subscription users found that 65% said …
• 5 December

  Cantaloupe Expects Its $41-Million Deal for 32M To Net More Locations And Improve Margins

  

  Vending and unattended payments specialist Cantaloupe Inc. has closed on its $41 million acquisition of Three Square Market, known as 32M, and intends to use it as a springboard for expansion and improved profit margins. Three Square Market, with headquarters in River Falls, Wis., will generate an estimated $19 million …
• 2 December

  COMMENTARY: How Banks Can Win Against the BNPL Threat 

  

  Buy now pay later (BNPL) solutions have seen steady growth over the past few years. The lack of regulations and consumer protections have allowed financial institutions to maintain an edge in this product. But for how much longer? BNPL is now threatening the status quo, with 57% of customers saying …
• 2 December

  Splitit’s Top Holiday Spending Categories and other Digital Transactions News briefs from 12/2/22

  

  Buy now, pay later provider Splitit Inc. said data from the Black Friday and Cyber Monday shopping events found that the top spending categories on its platform were electronics, fine jewelry, fitness and outdoors, home furnishings, and health and beauty, based on merchant sales volume. Consumers have hidden bill pay costs of …
• 1 December

  Thales Launches Technology to Support Card Transactions for the Visually Impaired

  

  Thales, a French company known in the payments industry for its digital-identity technology, on Thursday introduced a product that it says will allow visually impaired shoppers to verify the details of a card transaction while standing at the point of sale. The Voice Payment Card, which Thales announced has been …