Point-of-sale

March, 2021

• 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 …
• 25 March

  Shift4 Lands Petco Park Processing and other Digital Transactions News Briefs from 3/25/21

  

  Shift4 Payments Inc. said it will process all payment transactions at Petco Park, home of the San Diego Padres. The deal follows Shift4’s expansion into stadiums and other venues through its recent acquisition of VenueNext Inc.Payments provider SignaPay Ltd. announced a partnership with Valor PayTech to provide Valor’s countertop, handheld, and PIN pad equipment …
• 24 March

  Major Brands Lag on Mobile Acceptance Despite a Drive for Contactless, a Study Finds

  

  After the pandemic struck a year ago, stores scrambled to install technology to support a wide range of payment options, including tap-and-pay, to reassure skittish consumers. But now a new report indicates those efforts may not have gone as far as many have assumed, particularly in the area of contactless …
• 24 March

  Focus POS Releases @Table and other Digital Transactions News briefs from 3/24/21

  

  Focus POS released its @Table service that enables customers to scan a QR code on the table that pulls up a menu on the device. They then can select and order items and receive confirmation their order is being prepared. They service can keep the tab open until the customer is …
• 23 March

  As Payments Firms Eye Venues, Reds Pay Comes to Great American Ball Park

  

  Great American Ball Park, home of Major League Baseball’s Cincinnati Reds, will offer a contactless mobile payment service called Reds Pay this baseball season.  Reds Pay uses a white-label service from Tappit, a United Kingdom-based payments-technology company. April 1 is the opening day for MLB games. Major League Baseball’s San …
• 23 March

  Nuvei Adds Mastercard Send Integration and other Digital Transactions News briefs from 3/23/21

  

  Nuvei Corp. said it will integrate Mastercard Send push payments into its payment technology platform. Send enables speedy funds disbursement for use cases like payroll, insurance claims, and refunds.Agilysys Inc., a provider of point-of-sale software for the hospitality industry, rolled out Agilysys Digital Marketing, which allows managers to send personalized messages …
• 22 March

  A DoJ Investigation of Visa Is the Latest Chapter in a Long History of Probes Into Network Policies

  

  The news that the U.S. Department of Justice is probing debit card routing practices at Visa Inc. follows on a long history of such investigations and could portend a more serious attitude by regulators to address longstanding merchant complaints about network routing and pricing. “This is one more heavy step …
• 22 March

  ACH Settles Four Times Daily Now and other Digital Transactions News briefs from 3/22/21

  

  Nacha, The Clearing House Payments Co. LLC and the Federal Reserve, which collectively manage the automated clearing house network, said the addition of a third daily processing window for same-day ACH took effect on March 19. The ACH network now settles payments four times each business day.Mobile-wallet technology provider Citcon USA LLC said …
• 19 March

  Blackhawk Network Launches eGiftcard Platform

  

  With more merchants embracing omnichannel sales strategies that blend brick-and-mortar and e-commerce shopping, Blackhawk Network Inc. is enabling merchants to sell digital gift cards in-store.  With Blackhawk’s eGift card platform, merchants can engage customers at multiple marketing touchpoints throughout the store, such as gift card racks and gift card displays …
• 19 March

  Justice Department Investigating Visa Debit Acceptance and other Digital Transactions News briefs from 3/19/21

  

  The U.S. Justice Department is investigating Visa Inc.’s practices regarding online and in-store debit card acceptance, according to reporting by The Wall Street Journal. The probe is centered on whether Visa has restricted merchants’ ability to flow transactions over less-costly networks, according to sources who spoke to the newspaper.Fintech Enova International said it acquired Pangea …