Point-of-sale

April, 2021

• 8 April

  Eye on Retail: Forter’s Anti-Fraud Tools; Mastercard’s 26.3% Retail Sales Increase

  

  Forter Ltd., a specialist in online-fraud prevention, says merchants using the Magento e-commerce platform now have access to its services. Meanwhile, Mastercard Inc. says total U.S. retail sales increased 26.3% in March from March 2020. Online retailers using Adobe Inc.’s Magento platform can use a Magento plugin to ease the …
• 8 April

  Adyen Adds Afterpay Option and other Digital Transactions News briefs from 4/8/21

  

  Payments provider Adyen NV said it is offering the buy now, pay later service from Afterpay Ltd. to its merchants in the United Kingdom, the United States, Canada, Australia, and New Zealand.PayMaple LLC, a payments-technology provider specializing in automobile dealerships, said it has joined a partner program from CDK Global Inc., a …
• 7 April

  CardFlight Extends Its Reach Via Global Payments, While Small Business Sales Rebound

  

  CardFlight Inc. has struck a deal with processor Global Payments Inc. that will see CardFlight’s SwipeSimple point-of-sale technology added to Global’s indirect sales channels. Atlanta-based Global says adding SwipeSimple to its wholesale product lineup will give its independent sales partners an omnichannel payment option. SwipeSimple supports contactless payments, EMV dipped, …
• 7 April

  Loop’s Vend Integration and other Digital Transactions News briefs from 4/7/21

  

  Contactless-technology provider Loop Insights Inc. announced it has integrated its service with an application programming interface for billing from point-of-sale technology provider Vend Ltd. The integration enables onboarding of Vend merchants to Loop’s compliance and reporting platform. Processor Lightspeed POS Inc. last month agreed to acquire Vend in a deal valued at $350 million. …
• 6 April

  A Mastercard Report Estimates As Much As 30% of the Shift to Digital Payments Is Permanent

  

  That the shift toward digital forms of payment was accelerated by the pandemic has been duly noted over the past year, but how much of that change will stick once the U.S. market and the rest of the world gets beyond Covid? Not all of it by any means, but …
• 6 April

  Brinks Acquires PAI and other Digital Transactions News briefs from 4/6/21

  

  The Brink’s Co. announced it has acquired ATM owner and services provider PAI Inc. for $213 million. PAI’s network links 100,000 machines.Banking-technology provider Jack Henry & Associates Inc. announced more than 115 financial institutions are now live on its real-time payments hub, JHA PayCenter. The hub connects to The Clearing House Payments Co.’s Real Time …
• 5 April

  A Year After Adding Payment by Text Capability, Podium Launches Card Readers

  

  Podium Corp Inc., a communications and payments provider, is adding card readers to enable face-to-face payments as well as remote payments. Announced Monday, the reader accepts EMV, magnetic stripe, and contactless payments. Podium did not say when the readers will be available or disclose their cost. Podium’s primary payment method …
• 5 April

  Intuit Teams With Practice Ignition and other Digital Transactions News briefs from 4/5/21

  

  Intuit Inc. said its Intuit ProConnect unit has partnered with Practice Ignition, a service provider to accounting firms, to provide payments and other services to tax-preparation professionals. Intuit in February sued Visa Inc. and Mastercard Inc., alleging the networks’ interchange pricing models constitute unlawful price fixing.Payments provider i3 Verticals Inc. said it has acquired two …
• 2 April

  An Acquisition of AxiaMed Helps BofA’s Effort to Rebuild Its Acquiring Business

  

  With its acquisition of Axia Technologies Inc., also known as AxiaMed, Bank of America Corp. took a big step toward rebuilding its merchant-acquiring business. AxiaMed provides financial services and payments technology to health-care providers. Terms of the deal were not disclosed. The acquisition, announced Friday, gives Bank of America a …
• 2 April

  Eye on BNPL: Afterpay Promo Drives 35% Customer Increase And Paidy Raises $120 Million

  

  Buy now, pay later provider Afterpay Ltd. reported its bi-annual Afterpay Day sale, the first to include brick-and-mortar merchants, generated a 35% increase in new active users and sent 6 million referrals to merchants around the world from the company’s Shop Directory.  Eighty-six percent of the transactions made that day, …