Focus POS released its @Table service that enables customers to scan a QR code on the table that pulls up a menu on the device. They then can select and order items and receive confirmation their order is being prepared. They service can keep the tab open until the customer is …
March, 2021
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23 March
As Payments Firms Eye Venues, Reds Pay Comes to Great American Ball Park
Great American Ball Park, home of Major League Baseball’s Cincinnati Reds, will offer a contactless mobile payment service called Reds Pay this baseball season. Reds Pay uses a white-label service from Tappit, a United Kingdom-based payments-technology company. April 1 is the opening day for MLB games. Major League Baseball’s San …
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23 March
Nuvei Adds Mastercard Send Integration and other Digital Transactions News briefs from 3/23/21
Nuvei Corp. said it will integrate Mastercard Send push payments into its payment technology platform. Send enables speedy funds disbursement for use cases like payroll, insurance claims, and refunds.Agilysys Inc., a provider of point-of-sale software for the hospitality industry, rolled out Agilysys Digital Marketing, which allows managers to send personalized messages …
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22 March
A DoJ Investigation of Visa Is the Latest Chapter in a Long History of Probes Into Network Policies
The news that the U.S. Department of Justice is probing debit card routing practices at Visa Inc. follows on a long history of such investigations and could portend a more serious attitude by regulators to address longstanding merchant complaints about network routing and pricing. “This is one more heavy step …
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22 March
ACH Settles Four Times Daily Now and other Digital Transactions News briefs from 3/22/21
Nacha, The Clearing House Payments Co. LLC and the Federal Reserve, which collectively manage the automated clearing house network, said the addition of a third daily processing window for same-day ACH took effect on March 19. The ACH network now settles payments four times each business day.Mobile-wallet technology provider Citcon USA LLC said …
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19 March
Blackhawk Network Launches eGiftcard Platform
With more merchants embracing omnichannel sales strategies that blend brick-and-mortar and e-commerce shopping, Blackhawk Network Inc. is enabling merchants to sell digital gift cards in-store. With Blackhawk’s eGift card platform, merchants can engage customers at multiple marketing touchpoints throughout the store, such as gift card racks and gift card displays …
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19 March
Justice Department Investigating Visa Debit Acceptance and other Digital Transactions News briefs from 3/19/21
The U.S. Justice Department is investigating Visa Inc.’s practices regarding online and in-store debit card acceptance, according to reporting by The Wall Street Journal. The probe is centered on whether Visa has restricted merchants’ ability to flow transactions over less-costly networks, according to sources who spoke to the newspaper.Fintech Enova International said it acquired Pangea …
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18 March
Post-Covid, Look for a Take-off in In-Store Volume, Led by Innovative Payment Technology
With global economies expected to re-open as more consumers receive Covid-19 vaccinations, in-store retail spending will hit $22.8 trillion worldwide in 2022. That’s after in-store sales fell 7% in 2020 as many consumers shifted purchases online. The projection comes from London-based Kaleido Intelligence Ltd. While the Covid-19 pandemic impacted in-store …
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18 March
Soaring Levels of Tap-and-Pay Transactions Will Stick in Post-Covid Times, CardFlight Predicts
Contactless payments at small businesses served by point-of-sale technology provider CardFlight Inc. soared 296% in the past year, according to the payments provider’s latest Small Business Report. The report, initiated a year ago at the start of the Covid-19 pandemic, also found that overall sales at small businesses increased 56% …
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18 March
Splitit Signs More Merchants and other Digital Transactions News briefs from 3/18/21
Buy now, pay later provider Splitit Payments Ltd. announced new merchants Giant Bicycles, Super73, Mate Bike, Michael’s Jewelry and others now offer the installment payment service. Spliltit also reiterated that its service can be used with credit cards.Boutique marketplace Jane has integrated Klarna for buy now, pay later transactions.Fintech Rapyd said it is waiving up to …