Point-of-sale

April, 2021

• 1 April

  With VizyPOS, VizyPay Aims to Bring Sophisticated Analytics to Small Sellers

  

  App-based technology for point-of-sale transactions has been a preserve of POS system providers like Square and Clover, but now smaller independent sales organizations are looking for a piece of that growing pie. Early Thursday, VizyPay LLC announced VizyPOS, an app that can control such functions as cash discounting and real-time …
• 1 April

  Paysafe’s New Loyalty Program and other Digital Transactions News briefs from 4/1/21

  

  Paysafe Group Holdings Ltd. has launched Neteller Knect, a loyalty program for users of its Neteller digital wallet. The program is active in more than 100 countries. Paysafe earlier this week went public via its merger with Foley Trasimene Acquisition Corp. II.Sightline Payments, a startup specializing in payments for the gaming, lottery, and …

March, 2021

• 31 March

  A Fingerprint Card Tech Advances After Achieving Compliance With Mastercard Specs

  

  Card-based biometric authentication took a step forward with an announcement early Wednesday that a technology from Fingerprint Cards AB has complied with reference specifications set by Mastercard Inc. The compliance is a first for fingerprint authentication on a card, according to Sweden-based Fingerprints and Fime, an organization that consults on …
• 31 March

  23.1 Billion ACH Payments in 2020 and other Digital Transactions News briefs from 3/31/21

  

  The top 50 originating institutions for automated clearing house transactions accounted for 23.1 billion payments in 2020, up 8.6% over 2019 and nearly 93% of all commercial ACH payments, according to Nacha, the governing body for the ACH. The 50 largest receiving institutions controlled 61.2% of volume with 16.4 billion payments, …
• 30 March

  Walgreens Banks on InComm and other Digital Transactions News briefs from 3/30/21

  

  The Walgreens pharmacy chain said it will launch a bank-account offering through payments provider InComm Payments that will also feature a MetaBank-issued Mastercard debit card that will allow users to earn rewards through the Walgreens loyalty program. The pharmacy chain will also re-launch its gift card program through InComm.In related news, InComm …
• 29 March

  On The Fly POS Adds Biometric Authentication to Stem Both Merchant And Consumer Fraud

  

  Seeking to reduce merchant-account fraud, also known as merchant bust-out fraud, and provide merchants with a way to authenticate consumers, payments-technology provider On The Fly POS is adding Ipsidy Inc.’s Identity as a Service (IDaaS) biometric identity-verification technology to its platform. Ipsidy’s app validates a merchant’s identity by comparing a …
• 29 March

  EMVMadeEZ Debuts and other Digital Transactions News briefs from 3/29/21

  

  Amadis, Advanced Mobile Payment Inc., and Texas Engineering Consulting Systems and Services said they launched the jointly-developed EMVMadeEZ, a pre-certified EMV migration product for automated fuel dispensers. The product enables convenience store operators, small chains, and single gas station owners with an EMV-at-the-pump service.Payments-technology provider AEVI International GmbH said it is …
• 26 March

  Fiserv Bulks up in Integrated Payments With a Deal for Pineapple Payments

  

  Fiserv Inc. is adding more muscle to its payments-processing business, particularly with respect to integrated payments and relationships with independent software vendors. The big financial-services technology company announced Thursday afternoon it has agreed to acquire Pineapple Payments, a 5-year-old payments processor, for undisclosed terms. The deal is expected to close …
• 26 March

  Subscription Specialist Joins Stripe Program and other Digital Transactions News briefs from 3/26/21

  

  Ternary Developments Inc. has joined the Stripe Partner Program, which enables clients to accept online payments via Stripe Inc. Ternary provides a cloud-based platform for Discord social-engagement communities.Appetize Technologies Inc., a provider of management software for the food-and-beverage industry, announced integrations with payments processor Paytronix Systems Inc., gift card provider Givex Inc,, …
• 26 March

  COMMENTARY: Part Two: How Network Regulation Overseas Could Resonate Here

  

  Veteran payments practitioners will recall that, “in the beginning,” issuers paid interchange to merchants to incent them to accept credit card payments from the incipient Visa and Mastercard networks.  By the inception of electronic draft capture (circa 1980), that acceptance was growing to a critical-mass level nationwide, and by the late …