Point-of-sale

September, 2021

• 1 September

  Adoption of The Financial Data Exchange’s API Surges To New Heights

  

  The Financial Data Exchange (FDX), a non-profit standards body for providers of open-banking and open-finance applications, announced on Wednesday that the number of consumer accounts using its application programming interface has swelled to 22 million, up from 16 million in April, an increase of more than one million accounts per …
• 1 September

  Mercari Picks Zip’s BNPL Option and other Digital Transactions News briefs from 9/1/21

  

  Mercari, an online marketplace for second-hand goods, said consumers can use buy now, pay later services from Zip Co., formerly Quadpay, on its Web site.Buy now, pay later specialist Uplift Inc. said consumers who book with Sixthman, a music-festival organizer on cruise ships, can pay for their tickets in monthly installments. Sixthman is …

August, 2021

• 31 August

  The Delta Variant’s Shadow Hangs Over a Promising Recovery by the Nation’s Restaurant Industry

  

  The emergence earlier this year of a virulent new coronavirus variant “threatens to reverse the gains made in the first six months of the year” by the U.S. restaurant industry, according to data released Tuesday by the National Restaurant Association. The news comes as eateries have adopted contactless forms of …
• 31 August

  Apple, Google Face Big App Store Change and other Digital Transactions News briefs from 8/31/21

  

  Apple Inc.’s App Store and the Google Play store will have to open their payments services to competing providers for in-app purchases in South Korea if a recently passed bill becomes law, reported The Wall Street Journal, which also said the president’s party endorsed the legislation. Apple, in particular, has been the …
• 30 August

  Convenience Chain Wawa Settles a Class Action Suit Stemming from a Malware Attack

  

  The convenience-store chain Wawa Inc. announced Monday it settled a class-action lawsuit stemming from a data breach in 2019 that was related to malware discovered on its payment-processing servers. The settlement, which is subject to court approval, resolves all customer claims related to the data breach. The malware affected customer payment card information …
• 30 August

  Visa Adopts Contactless Transit Incentive and other Digital Transactions News briefs from 8/30/21

  

  Visa Inc. and JPMorgan Chase & Co. said they will donate a dime to New York Cares through the month of September, up to a limit of $250,000, for each tap riders perform with a Chase Visa contactless card on subways or buses operated by New York City’s Metropolitan Transportation Authority.VPay, …
• 27 August

  BBQ Holdings Picks Blackhawk’s Gift Card Program and other Digital Transactions News briefs from 8/27/21

  

  BBQ Holdings Inc., owner of Famous Dave’s, Village Inn, and Granite City Food & Brewery, selected Blackhawk Network Holdings Inc. to provide online and in-store gift card products.Integrated-payments provider EngageSmart LLC announced it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its common stock.Klara, …
• 26 August

  LaCore To Offer Sezzle to Merchants and other Digital Transactions News briefs from 8/26/21

  

  Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the …
• 25 August

  Questions Loom Over What Caused the TSYS Outage And the Fallout From It

  

  Nearly four days after mega-processor Total System Services’ platform went offline, independent sales organizations that use the TSYS platform remain in the dark as to how and why the outage occurred. The outage, which has been described as a nationwide event for TSYS, occurred Saturday night and prevented TSYS, as …
• 25 August

  Card Spending Surges in the Wake of Covid-Induced Shifts in Consumer Behavior

  

  Out of the gloom surrounding the U.S. economy since the onset of Covid-19 comes a report that consumer spending on credit and debit cards is not only robust, but also stronger than it was even two years ago. Dollar volume on payment cards in July was 21% higher than in …