Point-of-sale

September, 2020

• 9 September

  Fanatics Adds Installment Payments and other Digital Transaction News briefs from 9/9/20

  

  Fanatics, a retailer selling sports merchandise, is one of the first merchants to sign up for a point-of-sale installment payment service from Fiserv Inc. and QuadPay.Lightspeed POS Inc. made its shares available for purchase in the United States. The Canadian point-of-sale system developer also filed its application to list its shares …
• 9 September

  FIS Rolls Out a Set of APIs Aimed at Easing Multiple Payment Options Without Multiple Providers

  

  Payments provider FIS Inc. on Wednesday began rolling out Access Worldpay, a suite of application programming interfaces intended to make it easier and quicker for merchants to implement new payment capabilities, such as mobile payments or tokenization, without having to work with multiple payment partners. Access Worldpay provides a single …
• 8 September

  Debit Card Spending up Last Week and other Digital Transactions News briefs from 9/8/20

  

  Debit card spending increased 9.4% for the week ending Aug. 30 from the week ending Sept. 1, 2019, for credit unions working with PSCU, a credit union service organization. For the same period, credit card spending was down 2.5%. Mobile wallet use with a debit card increased 68% and those with …
• 3 September

  For August, Online Spending Remained Strong While Small-Business Traffic Softened Slightly

  

  Online sales in August were 34% higher this year than last, says Signifyd’s Pulse Report for E-Commerce, while small-business sales through August remained steady, finds the latest CardFlight Small Business Report. San Jose, Calif.-based Signifyd Inc., a fraud-prevention company focused on e-commerce, says overall online sales growth reflects the fact that …
• 3 September

  Walmart Joins Paymentus Network and other Digital Transactions News briefs from 9/3/20

  

  Walmart Inc. has joined Paymentus Corp.‘s Instant Payment Network for bills paid in Walmart stores. Other users of the network are Amazon.com Inc. and PayPal Holdings Inc.Modern Treasury, a startup payments-technology provider, said clients reconciled more than $100 million on its platform in August, with volume growing at a compound monthly …
• 2 September

  Amid Covid’s Impact, Installment Pay Gets a Lift With New Offerings From Mastercard And Sezzle

  

  Count transactional credit at the point of sale among the payment technologies winning more of the spotlight as consumers tentatively venture out and businesses reopen in the midst of Covid-19’s impact. Mastercard Inc. on Wednesday announced new integrations with the card-issuing processor TSYS and with technology providers that will let …
• 2 September

  CardFlight’s Latest Small Business Data and other Digital Transactions News briefs from 9/2/20

  

  CardFlight Inc. released its Small Business Report for Sept. 2 that shows contactless payments made at more than 65,000 small businesses for the week of Aug. 24-30 were up 140.3% from the base week of March 2 to 8. The report also predicts that there may be up to 50% fewer …
• 1 September

  Eye on Cannabis Payments: POSaBit Reports Record Growth And AeroPay Forms a Banking Tie-Up

  

  The Covid-19 pandemic has been good for the legal cannabis industry. POSaBit Systems Corp., which markets point-of-sale systems and services to the industry, reported second-quarter revenue growth and payments provider AeroPay is working with Safe Harbor Private Banking on a new payments service for the industry. Kirkland, Wash.-based POSaBit says it …
• 1 September

  Shift4 and Sionic Target Restaurants and other Digital Transactions News briefs from 9/1/20

  

  Shift4 Payments Inc. will provide tokenization, gateway, and end-to-end payment processing for a digital-commerce platform from Sionic Mobile Corp., according to a joint announcement from the companies. The initial focus is on restaurants, including services for online ordering and existing mobile payment and loyalty apps.Fiserv Inc. announced that starting Tuesday consumers with Alexa-enabled cars or …
• 1 September

  Beyond Contactless: Giant Eagle Recruits Grabango for Checkout-Free Stores

  

  Cashierless technology is spreading as stores hunt for ways to automate service and payments while keeping operating costs in check. The latest example is supermarket chain Giant Eagle Inc., which has teamed up with Grabango Co., a Berkeley, Calif.-based provider of checkout-free technology, to introduce cashierless technology to its GetGo …