Thursday , March 28, 2024

Point-of-sale

January, 2023

  • 19 January

    Discover Network Reports Its Fourth Quarter Volume Grew 9.2%

    Discover Financial Services posted single-digit growth rates for both its Pulse and Discover network units in the fourth quarter of 2022. Discover on Thursday said volume on its Discover Network was $58.1 million in the quarter, a 9.2% increase from $453.2 million in the year-ago quarter. Pulse, Discover’s debit network, …

  • 19 January

    Fiserv Wins Desjardins Card Account Other Digital Transactions News briefs from 1/19/23

    Desjardins Group, said to be the biggest financial cooperative in North America, said it will transfer its credit card processing function to Fiserv Inc. The deal is said to be the first such “large-scale” engagement in Canada for Fiserv. Business-to-business buy now, pay later platform Playter launched Paid, a service that lets Playter clients …

  • 18 January

    The U.S. Should Exert CBDC Leadership And Invest More in a U.S. Version, a Digital Dollar Group Says

    The Digital Dollar Project early Wednesday issued recommendations that include bigger investments by the federal government in researching a tokenized digital dollar. The group also called on the United States to exert leadership internationally in setting global standards for government-issued digital currencies even if the U.S. itself ultimately refrains from …

  • 18 January

    Circle K’s New EV Charging Service Plugs into Billing

    Convenience store chain Circle K is migrating its electric vehicle charging network to Driivz, a service that includes scalable EV charging billing. Tel Aviv-based Driivz says the network includes more than 600 public EV charging stations in Europe and North America.  Laval, Quebec-based Alimentation Couche-Tard Inc., parent company of Circle …

  • 18 January

    Big Boy Goes Chainwide with Oracle And Other Digital Transactions News briefs from 1/18/23

    Oracle Corp. said restaurant chain Big Boy Restaurant Group LLC will adopt its Micros Simphony Cloud Point of Sale and Oracle Payment Cloud Service. Payments provider Paysafe Ltd. said it has expanded its processing services to sports betting in Ohio. The move follows on the heels of Paysafe’s entry in the Maryland sports-betting …

  • 17 January

    Eye On Stadium Pay: Cheq’s First of Five Planned Deals; Shift4 Scores in Soccer

    Cheq Inc. continues its expansion into the highly competitive market for in-stadium payments through a deal with the Sacramento Kings of the National Basketball Association. The agreement includes mobile ordering, social payments, and express kiosks at Golden 1 Center, the Kings’ home arena. The deal is the first of five …

  • 17 January

    ACI Launches Its Instant Pay in the U.S. And Wallet Acceptance Internationally

    ACI Worldwide Inc. early Tuesday announced it is offering a real-time payments service to U.S. merchants and launched a platform to ease acceptance of digital wallets for merchants in more than 70 countries. ACI Instant Pay is aimed at easing acceptance of online and mobile transactions, as well as payments …

  • 17 January

    Lightspeed Lays Off 300 Staff And Other Digital Transactions News briefs from 1/17/23

    Point-of-sale system maker Lightspeed Commerce Inc. said it will reorganize as it contends with a shifting economy. Among its actions are the elimination of 300 jobs, accounting for approximately 10% of its overall employees. The Consumer Financial Protection Bureau is considering regulations governing the fees providers charge for cross-border money wires, according to The Wall …

  • 16 January

    Eye On BNPL: Splitit Teams With AliPay for Pay on Delivery; Klarna Partners With Ingenico

    Splitit Payments Ltd., a white-label buy now, pay later provider, has partnered with AliPay to offer Splitit’s Pay After Delivery option to consumers shopping on the AliExpress e-commerce marketplace. Pay After Delivery allows consumers to make a purchase using a credit card, then pay for it after delivery. The payment …

  • 16 January

    MagicCube Strikes Deals With Mobile Device Makers And Joins the PCI Council

    For several years, MagicCube Inc. has worked to prove that merchants can safely and speedily accept card payments with no hardware other than an off-the-shelf mobile device. Now the Santa Clara, Calif.-based company has added a new wrinkle to its strategy: agreements with device vendors that make MagicCube’s iAccept the …

Digital Transactions