Point-of-sale

November, 2020

• 19 November

  Payroc Acquires Bluestone Payments and other Digital Transactions News briefs from 11/19/20

  

  Payroc World Access LLC announced the acquisition of Bluestone Payments LLC, an independent sales organization founded by Linda Rossetti. Rossetti will remain Bluestone president and take on the executive vice president, strategic initiatives, role at Payroc. Terms were not disclosed.Payments processor Nuvei Corp. said its Nuvei Technologies Inc. unit has been approved by …
• 18 November

  CardFlight Adds 20,000 Merchants and other Digital Transactions News Briefs from 11/18/20

  

  Point-of-sale technology provider CardFlight Inc. said more than 20,000 new merchants so far this year have installed the company’s SwipeSimple software, bringing the total to 70,000. The technology lets merchants accept mobile as well as in-store payments.Square Inc. released Square KDS, software that displays restaurant order tickets from various points of origin, including point of …
• 17 November

  Through Infinicept, Mastercard And MissionOG Bet on the Potential in Embedded Payments

  

  Payments facilitator-services provider  Infinicept on Tuesday announced it has received a new round of funding from Mastercard Inc. and MissionOG, a venture-capital firm specializing in financial services and software and co-founded by former Mastercard president and chief executive Gene Lockhart. The new funding round, the amount of which was not disclosed, …
• 17 November

  USAT To Trade Again on Nasdaq and other Digital Transactions News briefs from 11/17/20

  

  Unattended payments provider USA Technologies inc. said it received approval from The Nasdaq Stock Market LLC to relist its common stock, which it expects will happen Nov. 19 under the USAT ticker. The stock was delisted in early 2019 following an accounting probe.American Express Co. has slated its Small Business Saturday promotion for …
• 16 November

  CVS Pharmacy’s Big QR Code Deployment Goes Live With PayPal And Venmo Options

  

  Payments based on QR codes went live Monday at 8,200 CVS Pharmacy stores nationwide, the largest such deployment so far in the U.S. market and a major step forward for PayPal Holdings Inc., which announced in July its plans to enable the technology for CVS and other chains. With the …
• 16 November

  Chase Adds BNPL Option and other Digital Transactions New briefs from 11/16/20

  

  JPMorgan Chase & Co. is the latest to join the buy now, pay later trend with “My Chase Plan,” which allows holders of Chase consumer credit cards to pay off purchases over time with no interest. A monthly fee applies.Debit card use in mobile wallets soared 58.6% for the week ending …
• 13 November

  Priority Cites Platform Differentiation As Key to Better Results Amid the Pandemic

  

  Priority Technology Holdings Inc.’s third-quarter results have improved from a year ago, despite the Covid-19 pandemic generally weighing on the economy. The Alpharetta, Ga.-based payments provider said it had $109 million in third-quarter revenue, up 16.1% from $93.9 million in the same quarter in 2019. Its net income of $85.7 million …
• 13 November

  Visa Makes Another Investment in Lisnr and other Digital Transactions News briefs from 11/13/20

  

  Visa Inc. has invested an undisclosed sum in Lisnr Inc., an 8-year-old startup whose technology enables mobile payments via sound waves. The fresh investment follows an initial funding Visa made in the company a year ago.Century Business Solutions said its EBizCharge payment service is certified for the Sage Intacct Marketplace to be …
• 12 November

  Small Business Transaction Update and other Digital Transactions News briefs from 11/12/20

  

  Card-present and card-not-present transactions for small businesses in the CardFlight Small Business Report for Nov. 11 held steady from the week prior. Card-present transactions stood at 14.6% of sales, compared to 12.9% the week before. Card-not-present transactions were at 38.4%, compared with 37.2% a week earlier.MerchantE, a provider of technology to merchants …
• 11 November

  InComm Teams With MoCaFi to Offer Free Reloads to Unbanked Prepaid Card Users

  

  Payment technology provider InComm Payments is partnering with Mobility Capital Finance (MoCaFi), a mobile-based banking platform, to enable MoCaFi Mobility Debit Mastercard cardholders to load their cards at no charge. MoCaFi will absorb any costs related to the reload. The deal enables MoCaFi, which serves unbanked and underbanked customers, to offer …