Point-of-sale

December, 2020

• 21 December

  Burger King Taps Venmo in Promotion and other Digital Transactions News briefs from 12/21/20

  

  Fast-food chain Burger King is depositing $1 into random Venmo accounts to promote the chain’s $1 Your Way Menu, which features all items at a price of $1. Venmo is a peer-to-peer payments provider owned by PayPal Holdings Inc.Blackhawk Network said it has added a capability to order gift cards for curbside pickup …
• 18 December

  Debit Use Gains As Consumers Tread Through Uncertainty

  

  A new report finds that debit card use is gaining favor among consumers compared to credit cards immediately following the national election in November. That’s according to The Future of Money Report 2020 from Logica Research. “This unprecedented year has uncovered contrasts between challenges and opportunities in the world as …
• 18 December

  Grocer Picks Blackhawk for Gift Card Program and other Digital Transactions News briefs from 12/18/20

  

  WinCo Foods, a grocery chain with 129 stores in the Western United States, has launched a gift card program from Blackhawk Network.Buy now, pay later service Zip announced an offer of 3% cash back on purchases on its service during the Christmas season through Jan. 8. Zip recently launched Tap & Zip, which …
• 17 December

  BitPay And Slide Mobile Look to Rewards to Spur Everyday Cryptocurrency Spending

  

  Startup Slide Mobile is betting that consumer’s love of rewards, coupled with the growing momentum behind cryptocurrency as a contactless payment option during the Covid-19 pandemic, will entice more consumers to use its mobile-payments app. Slide announced this week it is partnering with BitPay Inc., an Atlanta-based processor that offers …
• 17 December

  Hale & Hearty Picks Appetize and other Digital Transactions News briefs from 12/17/20

  

  The Hale & Hearty Soups fast-casual chain of 20 locations in Boston and the New York City area has chosen Appetize Technologies Inc. to upgrade its point-of-sale operations. The deployment is expected to conclude next month.With consumers worldwide reluctant to travel by air because of fears of catching Covid-19, some 78% of …
• 16 December

  As Digital Payments Heat Up, Fiserv Agrees to Acquire Card-Control Technology Provider Ondot

  

  Fiserv Inc. announced Wednesday an agreement to acquire, for an undisclosed sum, Ondot Systems Inc., whose technology includes so-called card controls, or tools that allow cardholders to switch usage on or off according to considerations of security or preferred usage. The deal is expected to close in the first quarter …
• 16 December

  Openpay Joins U.S. BNPL Market and other Digital Transactions News briefs from 12/16/20

  

  Openpay Group Ltd., an Australian buy now, pay later processor, began operations in the U.S market. Simultaneously, the company announced former Deloitte executive Brian Shniderman has been appointed chief executive of the U.S. operation.Fidel Ltd., a provider of financial application programming interfaces, said its API is enabling cash-back offers for …
• 15 December

  ATM Operator Cardtronics Will Go Private in a $2.3 Billion Deal With Hudson And Apollo

  

  Less than a week after receiving a buyout offer, Houston-based ATM network operator Cardtronics Inc. has entered into a definitive agreement to be acquired by Hudson Executive Capital and Apollo Global Management for $35 per share. The purchase price is $4 per share more than the initial offer and represents a …
• 15 December

  Buy Now, Pay Later Comes to POS Devices As Klarna Strikes a Deal With Verifone

  

  Klarna’s buy now, pay later payment options are coming to Verifone Inc. point-of-sale devices, Klarna AB announced Tuesday. This marks the first buy now, pay later option to be available on Verifone POS terminals in the United States and Europe as part of the Verifone Cloud Services platform, Klarna says. …
• 15 December

  Paysafecash Makes U.S. Debut and other Digital Transactions News briefs from 12/15/20

  

  Payments provider Paysafe Group Holdings Ltd. announced the U.S. launch of Paysafecash, a digital service that allow consumers to pay online in cash. The service is provided by InComm Payments’ Vanilla Direct payment network.Some 30% of consumers have signed up for peer-to-peer payment platforms in the past six months, according to a survey …