Saturday , April 17, 2021

Point-of-sale

April, 2021

  • 6 April

    Brinks Acquires PAI and other Digital Transactions News briefs from 4/6/21

    The Brink’s Co. announced it has acquired ATM owner and services provider PAI Inc. for $213 million. PAI’s network links 100,000 machines.Banking-technology provider Jack Henry & Associates Inc. announced more than 115 financial institutions are now live on its real-time payments hub, JHA PayCenter. The hub connects to The Clearing House Payments Co.’s Real Time …

  • 5 April

    A Year After Adding Payment by Text Capability, Podium Launches Card Readers

    Podium Corp Inc., a communications and payments provider, is adding card readers to enable face-to-face payments as well as remote payments. Announced Monday, the reader accepts EMV, magnetic stripe, and contactless payments. Podium did not say when the readers will be available or disclose their cost. Podium’s primary payment method …

  • 5 April

    Intuit Teams With Practice Ignition and other Digital Transactions News briefs from 4/5/21

    Intuit Inc. said its Intuit ProConnect unit has partnered with Practice Ignition, a service provider to accounting firms, to provide payments and other services to tax-preparation professionals. Intuit in February sued Visa Inc. and Mastercard Inc., alleging the networks’ interchange pricing models constitute unlawful price fixing.Payments provider i3 Verticals Inc. said it has acquired two …

  • 2 April

    An Acquisition of AxiaMed Helps BofA’s Effort to Rebuild Its Acquiring Business

    With its acquisition of Axia Technologies Inc., also known as AxiaMed, Bank of America Corp. took a big step toward rebuilding its merchant-acquiring business. AxiaMed provides financial services and payments technology to health-care providers. Terms of the deal were not disclosed. The acquisition, announced Friday, gives Bank of America a …

  • 2 April

    Eye on BNPL: Afterpay Promo Drives 35% Customer Increase And Paidy Raises $120 Million

    Buy now, pay later provider Afterpay Ltd. reported its bi-annual Afterpay Day sale, the first to include brick-and-mortar merchants, generated a 35% increase in new active users and sent 6 million referrals to merchants around the world from the company’s Shop Directory.  Eighty-six percent of the transactions made that day, …

  • 2 April

    dLocal Raises $150 Million Investment and other Digital Transactions News briefs from 4/2/21

    Payments-technology provider dLocal Ltd. announced a $150-million investment led by Alkeon Capital and valuing the company at $5 billion. The company also appointed former Chase executive Sumita Pandit chief operating officer. Former COO Jacobo Singer was promoted to president.PayGround Inc., a payments provider specializing in health care, has reached an agreement with …

  • 1 April

    OLB Group Adds QR Code Acceptance to Its Gateway

    OLB Group is the latest processor to support Quick Response codes as merchants look for ways to adopt contactless-payment options in the wake of the ongoing Covid-19 pandemic. OLB will support dynamic QR codes, which are generated in real time for each transaction, on its cloud-based OmniSoft business-management platform and …

  • 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 …

Digital Transactions