Point-of-sale

March, 2025

• 3 March

  Usage Blooms for Visa’s Tap-to-Phone Offering

  

  A 3-year-old technology enabling merchants to accept contactless payments using a regular smart phone with no special hardware has bloomed with a global year-over-year growth rate of 200%. That rate is even higher in the United States, United Kingdom, and Brazil, the three countries with the highest adoption rates, Visa …

February, 2025

• 28 February

  Flexa Introduces Tap to Pay For Crypto; Wirex Pay Launches in the U.S.; Bybit Runs a Netflix Tie-in

  

  Flexa Inc., a digital-payments provider, has introduced tap-to-pay for cryptocurrency transactions. The contactless-payment method enhances digital-asset usability by enabling blockchain payments via NFC-enabled hardware wallets without a mobile phone or internet connection, the company says. Hardware wallets, known also as burner wallets, are physical devices that store private keys for …
• 28 February

  Eye on POS Terminals: Ingenico Debuts an Integrated POS Device; Genesys Incorporates Tech from MagTek

  

  The evolution of point-of-sale devices and technology is unwavering, and the latest development is from Ingenico with its new Axium CX9000, an electronic cash register. Additionally, MagTek Inc. and Genesys Technologies have launched a POS reader for unattended payments. Ingenico’s Axium CX9000 has two screens, a 1.56-inch one for the …
• 28 February

  CFPB Drops CapOne Lawsuit and other Digital Transactions News briefs from 2/28/25

  

  The Consumer Financial Protection Bureau has canceled five enforcement moves, including an action against Capital One, Reuters and other news sources reported early Friday. The news came as the nominee to head the bureau, Jonathan McKernan, was testifying Thursday before the Senate in a confirmation hearing. Treasury Secretary Scott Bessent has been …
• 27 February

  The Youngest Adults Favor BNPL Over Credit Cards, J.D. Power Finds

  

  Generation Y and Generation Z are the biggest users of buy now, pay later, according to J.D. Power’s annual BNPL satisfaction study. Some 42% of both generations use BNPL products, compared to 21% of consumers from other generations, the study says. Both generations tend to favor BNPL over credit cards …
• 27 February

  NCR Voyix Earnings Improve As It Signs a Worldpay Processing Deal

  

  NCY Voyix Corp., the point-of-sale and processing firm, reports the number of platform sites and the number of payment sites increased 26% and 8%, respectively, in 2024 from 2023, amid the company’s improving financials for the year. Platform sites use NCR Voyix’s commerce platform and payment sites use its payment-processing …
• 27 February

  Marqeta’s TransactPay Deal and other Digital Transactions News briefs from 2/27/25

  

  Marqeta Inc. said it will acquire TransactPay, a processor operating in the United Kingdom and Europe. In related news, Marqeta said its board has appointed chief financial officer Mike Milotech as interim chief executive. He will continue in the CFO role. He succeeds Simon Khalaf, who has resigned as CEO and as a …
• 26 February

  Observers And Lawmakers Handicap the CCCA’s Chances As It Heads Back to Congress

  

  With expectations growing that the Credit Card Competition Act will soon be reintroduced in Congress, proponents of the bill feel its prospects for passage are better than ever. Helping fuel this optimism is growing bipartisan support for the bill, proponents say. “The Senate Judiciary Committee [hearing in November] showed there …
• 26 February

  Sightline’s Recap Move and other Digital Transactions News briefs from 2/26/25

  

  Sightline Payments, a specialist in payments for the gaming industry, announced it has completed a recapitalization, with participation from “most” existing major investors. The 15-year-old company estimates the U.S. digital gaming industry at $30 billion in annual revenue. Generation Z is overwhelmingly adopting digital-payment methods, with 92% using peer-to-peer payment …
• 25 February

  SoundHound AI Debuts a Next-Generation AI Ordering Platform for Restaurants

  

  SoundHound AI Inc., a provider of artificial intelligence-based voice technology apps, strengthened its hand in the hotly competitive restaurant point-of-sale market early Tuesday with the introduction of an enhanced platform. The new platform will provide restaurants with the ability to connect all ordering channels to provide a “unified customer experience” …