Point-of-sale

January, 2022

• 17 January

  UST Debuts Touchless Checkout Platform and other Digital Transactions New briefs from 1/17/22

  

  Software firm UST said it has worked with Kiosk Information Systems to introduce a touchless checkout platform that offers both voice and gesture-based interaction as well as a variety of payment flows, including QR codes, app wallets, contactless cards, and cash.Point-of-sale terminal maker Ingenico, a unit of Worldline, launched its Self-Modular POS, a …
• 14 January

  Payroc Acquires East Commerce Solutions and other Digital Transactions News briefs from 1/14/22

  

  Payroc WorldAccess LLC said it acquired East Commerce Solutions, a merchant service provider, which has more than $2 billion in annual processing volume. Terms were not disclosed.NCR Corp. said it has closed on its acquisition of LibertyX, a provider of software for cryptocurrency transactions at ATMs and on various payment-acceptance devices. LibertyX …
• 13 January

  Eye on the POS: Texas Roadhouse Selects Sparkfly for Offers; Merrco’s POS System Marks U.S. Entry

  

  Diners visiting Texas Roadhouse restaurants will soon be able to tap on digital offers in the Texas Roadhouse app thanks to a newly announced deal with Sparkfly, a retail services provider. In related point-of-sale news, Merrco Payments Inc. launched its expanded PayHQ service in the United States. Merrco specializes in …
• 13 January

  CBDCs Inch Closer to Wider Acceptance as the Global Card Networks Build Alliances

  

  It was probably only a matter of time before the two global card networks, which have already made overtures to blockchain technology, began venturing into support for central bank digital currencies. News of the latest development emerged very early Thursday with an announcement from Visa Inc. and blockchain software developer …
• 13 January

  Visa Acceptance Cloud Debuts and other Digital Transactions News briefs from 1/13/22

  

  Visa Inc. announced a new payment platform, Visa Acceptance Cloud, which will let acquirers, payment service providers, point-of-sale system makers, and Internet of Things developers, to move the payment processing software from the hardware device to the computing cloud. Tests of the new platform are happening in North America, South America, …
• 12 January

  A Survey Says Consumers Who Open Multiple BNPL Accounts Are Likely to Miss a Payment

  

  Buy now, pay later loans are extremely popular, especially among Millennials and Gen Zers, because the loans give them more purchasing power, and they can spread out the payments, usually without having to pay interest.  Yet, despite the immense popularity of BNPL loans, evidence is emerging that consumers with multiple …
• 12 January

  82% of SMBs Anticipate Accepting Digital Payment and other Digital Transactions News briefs from 1/12/22

  

  Visa Inc.’s Back to Business study found 82% of small businesses plan to accept some form of digital payment in 2022, with 24% saying they plan to accept digital currencies like Bitcoin. The study canvassed 2,250 small-business owners and employees in nine countries, including the United States.Payments provider Lightspeed Commerce Inc. said its merchants …
• 11 January

  Improved Order Accuracy And More Upsells Drove Checkers To Install Automated Voice Ordering

  

  Having committed to rolling out automated voice ordering in drive-thru lanes at its corporate-owned restaurants, Checkers Drive-in Restaurants Inc. expects the new technology will improve order accuracy and significantly increase ticket sizes through more efficient upselling practices. Checkers’ commitment to automated voice ordering, which it announced Monday, comes at a time …
• 11 January

  Cash Still Looms Large for Merchants. Brink’s Is Signing Processors to Tackle the Issue

  

  Lost in much of the conversation about digital payments, particularly since the onset of the pandemic, is what to do about the cash merchants take in. The Brink’s Co., which has been hauling and securing cash since 1859, says it has an answer, and on Tuesday it announced it also …
• 11 January

  PayNearMe Gets NY Sports Betting OK and other Digital Transactions News briefs from 1/11/22

  

  Sports-betting payments specialist PayNearMe Inc. said it has gained approval from the New York Gaming Commission to provide its MoneyLine platform to licensed operators in that state.Fly Now Pay Later, a buy now, pay later provider for travel services, closed a $75 million debt funding round from Atalaya Capital Management that will …