Point-of-sale

June, 2021

• 3 June

  LG Pay To Shut Down and other Digital Transactions News briefs from 6/3/21

  

  Not quite two years old, LG Pay, the mobile payment service from LG Electronics USA, is shutting down, according to a report on Droid-Life.com. It captured a screenshot of an alert declaring the service will be phased out and discontinued “over the remainder of 2021.” In April, LG announced it was exiting …
• 2 June

  Mitek Acquires Tech Firm and other Digital Transactions News briefs from 6/2/21

  

  Mitek Systems Inc., a provider of digital identity-verification technology, said it has acquired ID R&D Inc., a provider of voice and face biometrics technology, for up to $49 million in Mitek stock and cash.Payments processor Fleetcor Technologies Inc. closed on its acquisition of cross-border payments specialist Associated Foreign Exchange Inc. The deal, …
• 1 June

  As EasyPark Clinches Its Deal for ParkMobile, Rivalry in Parking Apps Could Get Hotter

  

  Vendors of parking apps in North America have an even more potent new competitor with the closing on Tuesday of EasyPark Group’s acquisition of the Park Now Group, which includes Atlanta-based ParkMobile LLC. The deal, which the companies announced in March, brings a major North American stake to Stockholm-based EasyPark, …
• 1 June

  Deluxe Closes on First American Payment Deal and other Digital Transactions News briefs from 6/1/21

  

  Deluxe Corp. has closed on its $960-million cash deal for payments provider First American Payment Systems, announced in April. The acquisition doubles Deluxe’s payments revenue to $600 million annually, driving its share of the company’s overall revenue from 17% to 29%. Authentication-technology provider LoginID Inc. said it has received an undisclosed investment from Visa …

May, 2021

• 28 May

  Consumers Soon Will Be Able to Fill ‘er Up With Crypto at Sheetz Stores

  

  Consumers traveling with cryptocurrencies busting out of their digital wallets will be able to spend some of that at select Sheetz convenience stores later this summer. Sheetz says it is the first c-store chain to accept crypto. In an announcement Friday, the 622-store chain says it will enable crypto acceptance …
• 28 May

  Shopify Recruits Google and other Digital Transactions News briefs from 5/28/21

  

  Shopify Inc.’s 1.7 million-plus merchants will have access to Google Cloud technology in more regions under a new agreement.Buy now, pay later provider Klarna Bank AB said its U.S. user base more than doubled in April year-over-year, to 17 million. The user base worldwide totals 90 million.The big France-based processor Worldline S.A. has agreed to …
• 27 May

  As Consumers Crowd Into E-Commerce, Square Looks to Ease Seller Listings on Google

  

  With merchants of all sizes looking to get in on the rush to e-commerce triggered by the Covid-19 pandemic, Square Inc. announced Thursday morning a service that lets sellers set up a product listing on Google. The new program, aimed at merchants using Square for Retail, aims at simplifying online …
• 27 May

  SpotOn Sponsors Guy Fieri Special and other Digital Transactions News briefs from 5/27/21

  

  SpotOn Transact Inc. said it will offer its point-of-sale services free for one year to aspiring restaurateurs under a program with the TV show “Guy’s Restaurant Reboot.”In related news, SpotOn said it has raised $125 million in Series D funding in a round led by Andreessen Horowitz. The round values the company at …
• 26 May

  As Consumers Revisit Stores, J.P. Morgan Teams Up With ACI to Expand in Europe And the U.K.

  

  With consumers becoming more comfortable returning to in-store shopping as Covid-19 vaccinations roll out, J.P. Morgan is partnering with U.S. processor ACI Worldwide Inc. to enable merchants in Europe and the United Kingdom to offer in-store payment acceptance. The deal expands J.P. Morgan’s omnichannel processing presence by giving merchants a …
• 26 May

  Fortis Acquires EpicPay And Change Merchant Solutions to Add Integrated Payments Swagger

  

  Fortis Payment Systems LLC is the latest acquirer to build up its integrated payments position, announcing Wednesday the acquisitions of EpicPay International LLC and Change Merchant Solutions LLC. The two deals will boost Fortis’s options for independent software vendors and developers, the company says. “Technology partners will be able to …