Point-of-sale

September, 2021

• 21 September

  PayPal Launches Its ‘Super App’ With a Raft of Shopping, Payments, And Banking Features

  

  PayPal Holdings Inc. on Tuesday launched a new version of its mobile app with a panoply of new shopping and financial features aimed at broadening the product’s appeal with consumers who are increasingly turning to online commerce. The big refresh, the first PayPal has executed on its digital wallet for …
• 21 September

  FNBO Launches BNPL Service and other Digital Transactions News briefs from 9/21/21

  

  The First National Bank of Omaha launched a buy now, pay later service that enables merchants to offer installment payments to consumers. FNBO tapped EXL, an operations management and analytics company, and Skeps, a point-of-sale loan originations platform, to help develop the service. The BNPL service can be integrated into e-commerce Web …
• 17 September

  Contactless Payment Rises—And So Do Back-to-School Purchases—PSCU Report Shows

  

  Contactless credit card transactions caught up to their debit counterparts as a percent of volume in August, with 17% of total card-present volume, as tracked in the monthly PSCU Payments Index, attributed to the payment form. That matches the share for contactless debit transactions. PSCU, a St. Petersburg, Fla.-based credit …
• 17 September

  The U.K.’s Curve App Launches a Buy Now, Pay Later Feature Called Curve Flex

  

  Hot trends tend to spin off related innovations, and now it looks like buy now, pay later is no exception. The London-based fintech Curve OS Ltd. on Thursday unveiled Curve Flex, a service that lets users convert any Curve transaction into an installment plan with the swipe of a button …
• 17 September

  Worldpay To Process GOL Transactions and other Digital Transactions News briefs from 9/17/21

  

  GOL Linhas Aereas Inteligentes S.A., said to be Brazil’s largest domestic airline, has chosen FIS Inc.’s Worldpay unit for payments processing in the 38 global market where the airline operates.Zum Rails, a provider of payments and open-banking software, launched anti-fraud technology for its Instant Deposit feature, which is enabled by Visa Direct.Humbl …
• 16 September

  Chase Merchant Services Scores a U.S. Collaboration With Alipay to Process for Alibaba.com

  

  The biggest U.S. processor of card transactions announced on Thursday it has started processing credit card payments in the U.S. for the massive Alibaba.com online marketplace. As part of the arrangement, J.P. Morgan Merchant Services said it is working with the mobile and online payments provider Alipay to manage transactions …
• 16 September

  Square Enters Spain and other Digital Transactions News briefs form 9/16/21

  

  Square Inc. launched its Early Access Program for beta testing in Spain. The program allows select businesses and freelancers to access Square technology. The move marks Square’s entry in the Spanish market.Sky Systemz, a business-to-business software company, launched Sky Paymentz, a service to enable businesses to accept payments in person, online, …
• 15 September

  COMMENTARY: The Post-Covid Silver Lining for Retail Data Commerce

  

  Like a coiled spring, consumer demand is set to explode once social, entertainment, and shopping restrictions are lifted. Retail and hospitality will be the first to benefit as consumers seek to make-up for lost ground. But has Covid left businesses too weak to reap the rewards or has it helped …
• 15 September

  Visa’s 16 Million SMB Tally and other Digital Transactions News briefs from 9/15/21

  

  Visa Inc. announced it has helped enable an estimated 16 million small businesses globally for digital payments, reaching 30% of its goal to so enable some 50 million small concerns.The Goldman Sachs Group Inc. said it will acquire GreenSky Inc., a provider of payments and loans at the point of sale for more …
• 14 September

  Capitalizing on Cash App’s Fast-Growing Popularity, Square Launches Cash App Pay

  

  Six years after it shut down its last effort in mobile wallets for merchant payments, Square Inc. on Monday announced it is launching a new payments feature that will let users of its highly popular Cash App pay sellers in-store and online. Cash App Pay, which can be used at …