Point-of-sale

January, 2025

• 28 January

  XMoney Signs Visa as Partner and other Digital Transactions News briefs from 1/28/25

  

  X, the social media platform formerly known as Twitter, appears to have signed a deal with Visa Inc. for the card brand to be a partner in XMoney Account, the platform’s possible payments service, reported CNBC.com. Fuel discount platform GasBuddy launched its Pay with GasBuddy+ card issued by Fifth Third Bank N.A. bearing the …
• 27 January

  C-Store Chain RaceTrac Deploys 10-4 by WEX for Cardless Fuel Payments

  

  RaceTrac Inc., an Atlanta-based convenience store chain with more than 800 locations, is debuting cardless payments for truck drivers via the 10-4 by WEX app. The free app enables independent owner-operators to pay for diesel fuel without a physical card at the pump. Users upload their credit or debit card …
• 27 January

  A Japan Deal Expands Nuvei’s Asia Footprint, While Nayax Embeds Payments for Self-Service Devices

  

  Canada-based processor Nuvei Corp. announced early Monday it has closed on its acquisition of Paywiser Japan Ltd., a deal that will expand Nuvei’s position in the Asia-Pacific market. The deal, which includes Paywiser’s acquiring license, will connect Nuvei to merchants in Japan through direct acquiring capabilities. It also includes links …
• 24 January

  AmEx Closes Out 2024 On a High Note As Growth Proves Steady

  

  Top executives at American Express Co. early Friday celebrated the final quarter of what they said was a year to remember. “We delivered record revenue, record net income, and new records in many categories,” including all-time-high cardholder spending, AmEx chief executive Steve Squeri told equity analysts during a conference call …
• 23 January

  Merchants Are Turning to Credit Card Surcharges As Processor Satisfaction Declines, J.D. Power Finds

  

  Merchants are increasingly levying surcharges on purchases made with credit cards to help offset processing fees, a new study from J.D. Power finds. Some 34% of merchants surveyed are adding surcharges for credit card transactions, the study says. The study also found that flat-rate pricing lends merchants greater impetus to …
• 23 January

  Fiserv Finds a Successor As CEO Bisignano Prepares to Leave

  

  Fiserv Inc. early Thursday announced Michael P. Lyons will take over as chief executive at Fiserv Inc., replacing Frank Bisginano. Lyons, who is also taking on the office of president at the Milwaukee-based company, arrives from PNC Financial Services Group, a Fiserv client, where he was president and a key …
• 23 January

  Discover Volume up 4% and other Digital Transactions News briefs from 1/23/25

  

  Discover Financial Services reported payments volume of $102 billion for the fourth quarter of 2024, up 4% year-over-year, including a 7% rise for the Pulse electronic funds transfer network and a 9% increase for Diners Club. Overall, the company reported a 14% increase in revenue net of interest expense, to $4.76 …
• 22 January

  Gettrx Debuts a White Label Processing Program for ISOs And ISVs

  

  Payments provider Global Electronic Technology Inc., known as Gettrx, launched a white- label platform for agents, independent sales organizations, and independent software vendors that could help them compete against larger payment processors. The platform, called Gettrx One, enables agents, ISOs, and ISVs to market the service under their brand at …
• 22 January

  Maryland Is the Latest Batter to Take a Swing at Regulating Interchange on Sales Tax and Tips

  

  The Maryland legislature held a hearing late Tuesday on a bill prohibiting interchange from being charged on sales tax and gratuities linked to credit and debit card transactions. The bill, introduced by Delegates Todd Morgan and Brian Crosby, is the latest in what is expected to be a flurry of …
• 21 January

  Agilysys Brings Integrated Payments to Kiva Dunes Resort; Cantaloupe Launches Ladder Pricing For Arcades

  

  Agilysys Inc., a provider of hospitality solutions, is implementing 13 integrated software solutions at Kiva Dunes, a golf resort located in Gulf Shores, Ala., intended to optimize per guest revenue, automate administrative tasks, and improve the guest experience. Agilysys’ applications, which includes point-of-sale software, will eliminate repetitive administrative tasks across …