Point-of-sale

October, 2020

• 19 October

  Billtrust to Go Public and other Digital Transactions News briefs from 10/19/20

  

  Billtrust, a provider of accounts-receivable software for businesses, said it will go public at a valuation of $1.3 billion through a merger with South Mountain Merger Corp., a publicly traded special purpose acquisition company, or SPAC. Going public via a SPAC has become an increasingly popular option in recent months.In …
• 16 October

  Square Releases an API to Allow Its Terminal to Ease Acceptance of Contactless Payments

  

  Much has been written about the need for merchants to adopt various forms of contactless payments to suit jittery customers and cashiers in the midst of Covid-19, but often the conversion to touch-free transactions is easier said than done. In response, Square Inc. late Thursday unveiled an application programming interface …
• 16 October

  Covid-19 Prompts the PCI Council to Take a Flexible Approach to Its Security Standard

  

  Because of Covid-19, many employees who have access to payments data are working from home, making it awkward if not impossible for data-security assessors to conduct onsite inspections. In response, the PCI Security Standards Council says it plans to make the next version of its data-security standard more reflective of …
• 16 October

  MoneyGram Adds International Partners and other Digital Transactions News briefs from 10/16/20

  

  MoneyGram International Inc. reached an agreement with Lulu Money in which consumers in Hong Kong can send or receive money at any Lulu Money location and also link to the MoneyGram network.In related news, MoneyGram and PayMaya, a payments provider in the Philippines, have agreed to launch a service that will allow …
• 15 October

  Covid-19’s Long Shadow Is Prompting a Rise in Gift Card Sales, Including Digital Cards

  

  With a looming holiday shopping season inflected by uncertainties surrounding the effects of the Covid-19 pandemic, payments firms are trying to work out how consumers may change spending habits this year. A study released Thursday indicates processors expect a healthy jump in e-commerce volume, including a surge for gift cards. …
• 15 October

  Ziosk Expands Its Device Platform and other Digital Transactions News briefs from 10/15/20

  

  Restaurant technology specialist Ziosk expanded its Ziosk Platform to now include a Quick Response code service for contactless menu browsing, ordering, and payment. It also includes handheld and integration models of its service. Ziosk said the average use rate for its original devices is 92%, an average increase of almost 30% since …
• 13 October

  In a Crowded Field, Afterpay Brings Its Buy Now, Pay Later Service to the Cash Register

  

  Afterpay Ltd. is making its previously online-only buy now, pay later service available to U.S. consumers in stores. Australia-based Afterpay, fresh off a deal with mall developer Simon Property Group to support its service in stores, announced the in-store service Tuesday. As with online purchases, Afterpay users make four equal payments …
• 13 October

  PCI Pal Links with Stripe and other Digital Transactions News briefs from 10/13/20

  

  PCI Pal, whose services enable businesses to collect payments in accordance with the PCI Security Standards Council data-security rules, announced a link-up with payments provider Stripe Inc. to allow Stripe clients to more quickly deploy PCI Pal’s technology.Paya Inc. said UtilityBilling.com, a subscription billing and payment platform, integrated Paya’s processing service.PlusPass, …
• 12 October

  Shift4 Adds an Ordering Capability to Its QR Code Technology for Restaurants

  

  Shift4 Payments Inc. on Monday announced it is expanding its Quick Response code capabilities for restaurant clients to include an ordering function. Customers will now be able to scan a QR code displayed by the eatery to bring up a menu and to place an order, the Allentown, Pa.-based processor …
• 9 October

  As a Deadline Nears, TNS Offers Deferred Payments for Installing EMV at the Pump

  

  With gas stations and convenience stores feeling the economic pinch from the slowdown in sales caused by the Covid-19 pandemic and uncertainty over the economy, Transaction Network Services Inc. announced a new pricing structure to help cut station owners’ telecom-network installation costs for EMV at the pump. Transaction Networks Services (TNS) …