Point-of-sale

June, 2021

• 15 June

  With GoDaddy Payments, Web Impresario GoDaddy Starts Building on Its Poynt Deal

  

  The first fruits of GoDaddy Inc.’s acquisition six months ago of payments-technology provider Poynt Inc. emerged Tuesday with the announcement of GoDaddy Payments, a service aimed at unifying payments capabilities for GoDaddy’s base of e-commerce clients. To start with, GoDaddy Payments will focus on e-commerce transactions for clients using GoDaddy Websites …
• 15 June

  Kabbage Checking Debuts and other Digital Transactions News briefs from 6/15/21

  

  American Express Co. said its Kabbage unit now offers Kabbage Checking to U.S. small businesses. AmEx also said it now offers Kabbage Funding to small businesses with lines of credit ranging from $1,000 to $150,000.Global Payments Inc. has launched a point-of-sale application that operates on commercially-available, off-the-shelf mobile phones, reported The Paypers …
• 11 June

  Fresha Secures $100 Million in Funding and other Digital Transactions News briefs from 6/11/21

  

  Fresha, a platform that enables consumers to book and pay for beauty and wellness appointments, received a $100-millon Series C investment led by General Atlantic.BitPay Inc. is processing transactions allowing users to spend cryptocurrency with Shells, a provider of cloud-based virtual desktop operating systems.The city of South Haven, Mich., has launched …
• 10 June

  Stripe Debuts an App to Ease the Burden of Sales Tax Collection for Merchants

  

  Heeding years-long requests from merchants for a solution to simplify sales-tax compliance, Stripe Inc. on Thursday introduced Stripe Tax, an application that allows merchants to automatically calculate and collect sales tax, value-added tax (VAT), and goods-and-services tax (GST) in the United States and more than 30 other countries. Spurring the need …
• 10 June

  Uplift’s BNPL Bet on Vegas.com and other Digital Transactions News briefs from 6/10/21

  

  Buy now, pay later provider Uplift Inc. said its service has been integrated with Vegas.com, a travel site.In related news, buy now, pay later provider Splitit said its service is now available on the ChargeAfter platform, which offers merchants a variety of consumer financing methods.Mastercard Inc. said it has closed on its $850-million acquisition of Ekata …
• 9 June

  A Surcharging Bill Advances to the Colorado Governor’s Desk

  

  Soon, there might be just two states that prohibit credit card surcharging with the passage Tuesday of a bill in Colorado that would permit the pricing strategy. The bill, SB21-091, passed both the Colorado House and Senate and now moves to Governor Jared Polis’s desk. He has 30 days to …
• 9 June

  U.S. Consumer Spending Capped a Year-Long Recovery With a Strong May Reading, Visa Says

  

  Consumer spending has now been recovering for a full year from the impact of Covid-19, according to a report released on Wednesday by Visa Inc. The card network’s U.S. Spending Momentum Index, which it began releasing publicly last month, registered a reading of 123.3 for May. That number indicates 59% …
• 9 June

  86% Abandon Shopping Carts and other Digital Transactions News briefs from 6/9/21

  

  A survey from Fast, an online checkout provider, found that 86% of U.S. shoppers have abandoned an online shopping cart. Of the 1,004 consumers surveyed earlier this month, 55% said they would be more likely to make an online purchase if there was a quicker, easier way to buy directly from …
• 8 June

  Omnichannel Processing Takes Another Step as Wix.com Enters the Fray

  

  The trend toward providing merchants technology that unites their digital and physical payments acceptance and allows them to manage their operations from a single platform got another boost Tuesday with Israel-based Wix.com Inc.’s introduction of Wix POS. The solution allows merchants to accept in-store and online payments, including contactless and chip …
• 8 June

  Eye on Mobile: Keys And IDs Come to Apple Wallet, And Google Pay Pulls Into ParkMobile

  

  One way to boost mobile-wallet usage for functions like payments is to more tightly integrate the apps into users’ daily lives. Apple Inc. followed that script with its preview on Monday of an update for watchOS8, the brains behind its Apple Watch.  This fall, the refresh will allow users to …