Point-of-sale

September, 2021

• 30 September

  Fiserv’s Big Plans for New Jersey and Digital Transactions News briefs from 9/30/21

  

  Processor Fiserv Inc. said it will open a new office building in New Jersey that will include 428,000 square feet of space and accommodate approximately 3,000 employees.In related news, Visa Inc. said it will open a new office in Atlanta next year. The company expects the new space to accommodate approximately 1,000 employees over …
• 29 September

  Discover’s Meal Plan Strategy and other Digital Transactions News briefs from 9/29/21

  

  Discover Network said it will work with Phood Solutions Inc., a food-payment and delivery platform for college students, to provide a mobile app that allows students to load a meal plan along with plan dollars for use with DoorDash and other services. Payments will be backed by a Discover prepaid card …
• 29 September

  Online Powerhouse GoDaddy Takes the Next Step with Card-Present Transactions

  

  GoDaddy Inc., which launched GoDaddy Payments in June to unify its transaction services following its December deal to buy point-of-sale terminal maker Poynt Inc., released a countertop payment terminal and mobile card reader with lower fees than most competitors. Merchants will pay 2.3% per card-present transaction and 2.3% plus 10 …
• 28 September

  Mastercard Joins An Increasingly Crowded BNPL Field With the Debut Of Mastercard Installments

  

  Mastercard Inc. joined the BNPL fray Tuesday with the introduction of Mastercard Installments. Consumers can access BNPL offers, either pre-approved through their lender’s mobile banking app or through instant approval at checkout, that can be used online or in-store wherever Mastercard is accepted. Consumers can choose from a variety of …
• 28 September

  BitPay Pairs With Verifone to Bring Crypto Acceptance to More Stores

  

  BitPay Inc. and Verifone Inc. early Tuesday said they are collaborating on a service that later this year will allow U.S. merchants using Verifone devices to accept as many as 11 cryptocurrencies in-store and online.  Consumers will be able to pay with a broad array of crypto wallets, including one …
• 27 September

  More Retailers Offer Apple Pay Than Offer Rivals, Report Finds

  

  A new report based on the practices of 100 retailers finds that Apple Pay is available at more of them—97%—than its chief competitors Google Pay and Samsung Pay. That’s according to the 2021 Omnichannel Retail Index, released Monday by FitForCommerce, a retail consultancy, in conjunction with the National Retail Federation. …
• 27 September

  CapOne Targets False Declines Using Signifyd and other Digital Transactions News briefs from 9/27/21

  

  Capital One has partnered with fraud-detection firm Signifyd Inc. to raise authorization rates and reduce mistakenly declined transactions on Cap One credit card transactions.The Internal Revenue Service on Friday sent more than 430,000 Advance Child Tax Credit payments via same-day ACH on the automated clearing house network, according to Nacha, the governing body …
• 24 September

  AmEx Expands Virtual Card Offerings and other Digital Transactions News briefs from 9/24/21

  

  American Express Co. said it is working with Extend, a virtual card specialist, to expand its virtual card options for U.S. businesses.Gift card provider Factor4 LLC said it is work with SavorConnect, a cloud-based integration platform, to make its gift cards that can used online, in stores, and with mobile devices available on …
• 23 September

  BNPL Consumers Are Not Shy About Using Credit Products, a TransUnion Report Finds

  

  New research suggests buy now, pay later users may not be shunning traditional retail credit products in favor of the installment-payment option. That’s one finding from TransUnion LLC’s “Understanding the Evolving Point-of-Sale” report released Thursday. The data show that 76% of the point-of-sale financing applicants had a retail card in …
• 23 September

  Repay Teams with Veem for Cross-Border Payments and other Digital Transactions News briefs from 9/23/21

  

  Payments-technology provider Repay Holdings Corp. has agreed to partner with business-to-business funds-transfer fintech Veem Inc. to increase cross-border payment options. At the same time, Veem will deploy Repay’s business-to-business virtual card and acquiring platform.InsurCard, a payment processor specializing in health care, launched a Mastercard debit card for persons who have received a …