Point-of-sale

January, 2021

• 26 January

  Diebold Launches Self-Service POS Stations and other Digital Transactions News briefs from 1/26/21

  

  Diebold Nixdorf Inc. released the DN Series Easy suite of self-service point-of-sale stations. The products employ a modular design, enabling merchants to customize the products to their needs.InComm Payments has partnered with hospitality company Delaware North to implement the InComm cashless payment solution at select sports venues where Delaware North operates food …
• 25 January

  It’s Official: NCR Succeeds In Its Bid to Acquire Cardtronics in a $2.5-Billion Deal

  

  NCR Corp. entered into a definitive agreement Monday to acquire ATM network operator Cardtronics plc for $39 a share in an all-cash transaction valued at $2.5 billion, including debt. The deal, which NCR plans to finance with cash on hand and financing from Bank of America N.A., is projected to …
• 25 January

  Debit Card Growth Outpaces Credit Cards and other Digital Transactions News briefs from 1/25/21

  

  Growing numbers of consumers continue to grab their debit cards when shopping, with the overall U.S. spend made with debit cards up 25% for the week ending Jan. 17, compared to the week of Jan. 19, 2020, according to the PSCU Tracking Transaction Trends report issued Monday. Credit card spend was up …
• 22 January

  Mindbody Adds Flex, a Subscription-Payment Fitness Program

  

  Mindbody Inc., a provider of payments services and wellness software to the health and fitness industry, is adding a direct-to-consumer virtual membership program. Dubbed Mindbody Flex, the subscription service offers virtual access to more than 450 independent studios offering virtual fitness and wellness classes. Pricing starts at $39 per month …
• 22 January

  Rellevate To Power Richard Petty Gift Cards and other Digital Transactions News briefs from 1/22/21

  

  Fintech Rellevate Inc. announced a multiyear licensing and distribution agreement with Richard Petty Motorsports for gift and reward cards depicting NASCAR icon Richard Petty. The cards will be issued by Sutton Bank.CommentSold, a 3-year-old social e-commerce site, said it added 2,000 merchants in 2020 and saw record growth in gross merchandise value …
• 21 January

  Discover Posts Volume Gains for Its Payments Properties But Logs an Overall Revenue Drop

  

  Discover Financial Services reported mixed results Thursday for the fourth quarter of 2020. Despite a 4% decline year-over-year in revenue, which totaled $2.82 billion, Discover’s net income rose 13% to $799 million.  Payment Services volume totaled $70.1 billion, up 6% year-over-year, with all four legs that comprise the division—the Discover …
• 21 January

  As Consumers And Businesses Turn to Electronic Channels, ACH Growth Accelerates

  For the nation’s automated clearing house network, payments trends already under way before the coronavirus pandemic are still unfolding—only faster.  ACH payments initiated on the Web to pay bills and make other transfers totaled 2.1 billion in 2020’s fourth quarter, a 15.2% increase year-over-year, Nacha reported Thursday. Herndon, Va.-based Nacha …
• 21 January

  Nuvei Lands Tennessee Sports-Betting OK and other Digital Transactions News briefs from 1/21/21

  

  Nuvei Corp. said a wholly owned subsidiary has been approved to process sports-betting transactions in Tennessee, where sports wagers have been legal since 2019. Previously, Nuvei received approval to process sports betting in Colorado, Indiana, and West Virginia.Point-of-sale system provider Revel Systems said majority owner Welsh, Carson, Anderson & Stowe made another investment …
• 20 January

  Restaurant Volume Dips and other Digital Transactions News briefs from 1/20/21

  

  Transaction volume for hotels and restaurants fell between 40% and 50% in December compared to December 2019, according to numbers released by payments provider Shift4 Payments Inc. Retail and e-commerce businesses, on the other hand, saw a year-over-year increase in volume last month for the first time since the pandemic set in.Xformative …
• 19 January

  Walmart Adds to Its Financial Services With Western Union Money Transfers at U.S. Stores

  

  Walmart Inc. is adding money-transfer services from The Western Union Co. to its more than 4,700 U.S. stores this spring, the giant retailer announced Tuesday. Western Union will be the third money-transfer provider to be offered at Walmart stores, joining MoneyGram International Inc. and Ria, a subsidiary of Euronet Worldwide …