Point-of-sale

December, 2022

• 14 December

  Billtrust Goes Private And Other Digital Transactions News briefs from 12/14/22

  

  BTRS Holdings Inc., also known as Billtrust, said it will go private on Dec. 16 through a merger with an affiliate of EQT X Fund. The business-to-business payments provider went public in January 2021 through a merger with South Mountain Merger Corp., a special purpose acquisition corporation, or SPAC. Payments provider ACI Worldwide said it …
• 13 December

  Facing Fast Growth, Payment Providers Plan a Hiring Blitz in 2023

  

  At a time when many businesses are struggling to fill job openings, payments provider VizyPay LLC announced on Tuesday it is planning a “hiring blitz” in 2023. In preparation for the influx of new employees, the Waukee, Iowa-based processor named Alex Schaeffer director of learning and development and Marj Chaffin …
• 13 December

  POS Updates Top-of-Mind for Restaurants And Other Digital Transactions News briefs from 12/13/22

  

  Point-of-sale system maker TouchBistro released its 2023 “State of Restaurants” report that found 76% of restaurant operators changed their POS systems in the past year and 66% used a system with an integrated payment processing service. The study, now in its fifth year, was based on research from 600 full service restaurant …
• 12 December

  Eye on Cannabis: Merrco Brings BNPL to Cannabis Sellers; Aeropay Partners with HighHello

  

  Toronto-based Merrco Payments Inc., which specializes in cannabis-payments processing, is partnering with buy now, pay later provider Gratify Payments Inc. to enable cannabis merchants in Canada to offer BNPL loans as a payment option. Offering the installment payments is expected to help Canadian cannabis merchants upsell customers on accessories and …
• 12 December

  Global Card Networks Are Thriving, Though Domestic Systems Could Pose a Threat

  

  The number of card-accepting merchant locations around the world reached a record high of 88 million in 2021, up 2% over 2020 as measures to fight the pandemic helped stoke consumer usage of payment cards rather than alternatives like cash, according to research released Monday by London-based research firm RBR. …
• 12 December

  Shift4 Notes Europe Foray And Other Digital Transactions News briefs from 12/12/22

  

  U.S. payments provider Shift4 Payments Inc. said it has now processed transactions in Europe on its SkyTab point-of-sale platform for restaurants and its VenueNext service for mobile ordering and payment at stadiums and other facilities. The company said it plans to launch the two platforms commercially in Europe next year. Kansas-based processor Euronet Worldwide Inc.’s epay …
• 9 December

  Blackhawk Launches One4All Gift Card And Other Digital Transactions News briefs from 12/9/22

  

  Prepaid card platform Blackhawk Network Holdings Inc. launched its One4All gift card, a single gift card accepted at more than 100 merchants and restaurants. The card is issued by Pathward N.A., a unit of Pathward Financial. Matera, a Brazil-based instant payments and QR code payments company, opened an office in San Francisco …
• 8 December

  Limited U.S. Growth in 2023 And Other Digital Transactions News briefs from 12/8/22

  

  Not all countries, companies, and persons will suffer equally from inflation in 2023, as Europe will see a decline in economic activity while the U.S. market will experience limited economic growth, forecasts the Mastercard Economics Institute. Food-service provider Sodexo North America’s InReach unit has contracted with payments provider Cantaloupe to upgrade 18,800 vending machiens and …
• 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 …