Thursday , March 28, 2024

Point-of-sale

March, 2023

  • 1 March

    Elo Adds Tap to Pay Tech And Other Digital Transactions News briefs from 3/1/23

    Felix announced its Terminal Tap to Pay technology has been integrated with the Android-based M50 Mobile Computer from Elo, enabling contactless payments on the Elo device. The move follows Stripe Inc.’s move last week to launch Tap to Pay for Android technology in six countries, including the United States. Payments provider ACI Worldwide Inc. reported …

February, 2023

  • 28 February

    Thryv Enhances Its Platform With Tap-to-Pay And Document Capabilities

    Thryv Holdings Inc., a fintech credit card issuer and provider of small-business management software, has rolled out a suite of new apps for its platform, including tap-to-pay. The new features will enable small businesses to speed payments, streamline document management, and improve communications, Thryv says. Users of Thryv’s platform can now …

  • 28 February

    Shift4 Looks to Close on a European Processor As It Enters 2023 With Momentum

    If any doubt remains that payment processors are rebounding strongly from the pandemic and all the restrictions it brought with it, Shift4 Payments Inc. likely dispelled it with the final-quarter 2022 results it posted early Tuesday. And if there’s a cloud on its horizon, it’s the waiting time the company …

  • 28 February

    Klarna’s Loss Widens And Other Digital Transactions News briefs from 2/28/23

    Buy now, pay later provider Klarna AB said its 2022 loss of 10.47 billion krona ($1 billion) grew on its 2021 loss of 7.1 billion krona ($680 million). This comes amid growth in 2022. The United States became Klarna’s largest market in December. Also, Klarna will begin collecting late fees from United Kingdom consumers who miss a payment, …

  • 27 February

    Co-op Solutions Debuts a Debit Network for Credit Unions

    Credit unions wanting another option among debit card networks have a new choice with the launch of Co-op Solutions’ Co-op Pay Network. Announced Monday, the network is open to all credit unions, regardless of their debit-processing relationships. The new network, which works with regular point-of-sale transactions, PINless transactions, mobile wallets, …

  • 24 February

    Western Union in Money Transfer Boost Deal and other Digital Transactions News briefs from 2/24/23

    The Western Union Co. has collaborated with the fintech Beforepay to offer users in Australia the option of boosting money transfers with loans up to 2,000 Australian dollars ($1,349 US) in a service billed as send now, pay later. American Express Co., working with the National Trust for Historic Preservation, will …

  • 23 February

    Block Resets to Focus on Slowing Expenses And Speeding Profit Growth

    Block Inc. has been a fast-growing payments machine over the years since its founding in 2009, and now the company is looking to slow down somewhat and focus more intently on profit growth, according to top executives. That move could start with personnel. “We plan on slowing our pace of …

  • 23 February

    Stripe Launches Tap to Pay for Android Devices in Six Countries

    Stripe Inc. late Wednesday announced it is making Tap to Pay functionality for Android phones and tablets available in the United States, the United Kingdom, Canada, New Zealand, Australia, and Singapore. The San Francisco-based processor launched Tap to Pay for iPhone last year. The addition of Tap to Pay for …

  • 23 February

    Nuvei Closes Paya Deal And Other Digital Transactions News briefs from 2/23/23

    Payments provider Nuvei Corp. closed on its previously announced $1.3-billion deal to acquire Paya Holdings Inc. Nuvei will release fourth-quarter and full-year 2022 results on March 8. Earlier this week, Paya released figures indicating its 2022 payments volume totaled $49.5 billion, with 2022 revenue of $282.7 million and net income of $8.3 million. Processor Evertec …

  • 22 February

    U.S. Consumers Now Loom Large for Sweden’s Klarna

    The United States has become buy now, pay later provider Klarna AB’s largest market by revenue, the company announced Tuesday. BNPL use blossomed during the pandemic and continues to find favor as inflation concerns push consumers to make value-based spending decisions. With 8 million monthly active users of the Klarna …

Digital Transactions