Point-of-sale

June, 2022

• 29 June

  How the Chip Shortage Is Prompting Payments Players to Adopt a Variety of Workarounds

  

  After more than two years, payments providers are still reeling from the chip shortage. Indeed, lead times for chips used in POS terminals and credit cards can be as long nine months, compared to six months a year ago, says Stewart Watterson, a strategic analyst for Aite-Novarica. Pre-pandemic, lead times …
• 29 June

  Contactless Booms On Campuses And Other Digital Transactions News briefs from 6/29/22

  

  Transact Campus Inc., a specialist in mobile identity and payments for colleges, announced students have conducted more than 100 million contactless mobile-wallet transactions since the company’s start less than three years ago.TenureX, a platform founded in 2020 to enable correspondent-banking relationships, has added an extension to its Digital Transaction Certificate …
• 28 June

  In a Crowded Market, Oracle Counts on Fixed Pricing to Boost Its New Platform for Restaurants

  

  With restaurants scrambling to launch digital-payment options and a bevy of firms eager to satisfy that demand, the technology giant Oracle Corp. on Tuesday launched its Oracle Food and Beverage Payment Cloud Service. The Redwood Shores, Calif.-based company bills the new product as standing alone in offering contactless payments and …
• 28 June

  Blackhawk Makes a Move And Other Digital Transactions News briefs from 6/28/22

  

  Dining-deal Web site Restaurant.com will work with payments provider Blackhawk Network to expand the site’s gift card program via Blackhawk’s online distribution network.SpotOn, a payments provider for restaurants, has been named a preferred technology partner by the New York State Restaurant Association.Amount, a fintech specializing in the rapidly expanding buy now, pay …
• 27 June

  VividPayment Enters a Crowded Restaurant POS Fray

  

  Competition in the hotly contested restaurant point-of-sale market continues to heat up as vendors transform themselves from payment-device providers to technology hubs. Sausalito, Calif.-based VividPayments LLC became the latest entrant looking to carve out a slice of the market Monday with the launch of Vivid POS, an iOS- and Android-based …
• 27 June

  ISVPay in Unattended Payments Deal And Other Digital Transactions News briefs from 6/27/22

  

  Payments platform ISVPay said it is working with Unattended Card Payments, a specialist in unattended hardware, on a full-service unattended payment service.Technology company Fobi AI Inc. has partnered with Barnet Technologies, a vendor of sales and inventory-management software, to launch Bevy Pass, a digital wallet for the retail liquor and hospitality industry.CAI Software LLC, …
• 24 June

  Uplift Signs Sun Country Airlines, Expanding Its Travel Portfolio for BNPL

  

  The expansion of buy now, pay later payment options in the travel industry continued with the announcement Thursday that Uplift has signed Sun Country Airlines. Through Uplift, passengers on Sun Country flights can split payments for their tickets with three, six, or 11 monthly installments as an alternative to paying …
• 24 June

  Kasheesh Launches an App That Lets Users Split Purchases Among Their Existing Cards

  

  While buy now, pay later financing has been a big hit with consumers, especially those who use the loans to increase their buying power or as a budgeting tool, they have come under criticism for increasing debt loads for consumers with shaky finances. That has given rise to the idea …
• 24 June

  Blockspaces in Cogent Deal and Other Digital Transactions News Briefs from 6/24/22

  

  Blockspaces, a company that links businesses to blockchain networks, announced it will work with Cogent Bank to use the bank’s real-time, tokenized payment platform and other services.Digital-giving platform DipJar said it is releasing early access to DipJar Online, an online version of its in-person fundraising app.Digital payments provider One Inc said insurer Union Mutual …
• 23 June

  Adyen Expands Its Relationship With McDonald’s to The U.S. Market

  

  Adyen NV announced late Wednesday an expansion of its agreement to process mobile-app transactions for McDonald’s Corp. to include the United States. Adyen has processed payments from mobile apps for the global restaurant chain in the United Kingdom since 2020. As part the deal, Adyen will enable consumers enrolled in …