Point-of-sale

September, 2024

• 18 September

  Market Pay’s Versatile App and other Digital Transactions News briefs from 9/18/24

  

  France-based fintech Market Pay has launched a single app it says can process payments from both point-of-sale terminals and Android or iOS smart phones. FICO, a U.S. developer of fraud-prevention technology, said it is working with Jersey Telecom in the United Kingdom to develop software that can detect telephony signals in real …
• 17 September

  Cubic Launches a QR-Code Fare System; NMI Partners on Contactless Fares; ModeShift’s Digital Fares

  

  Cubic Transportation Systems Inc. early Tuesday launched Umo ScanRide, a QR-code-based fare-collection solution for transit systems. To pay a fare using ScanRide, consumers scan a QR code with a mobile phone. The fare is then displayed on the user’s phone screen and debited from her ScanRide wallet. Consumers can fund …
• 17 September

  Alviere’s Loyalty Wallet and other Digital Transactions News briefs from 9/17/24

  

  Alviere, a platform for embedded payments, has launched its Loyalty Wallets product, which features pay-by-bank functionality. The wallets can be funded by ACH transfer or direct deposit. Bank3, a community bank in Tennessee and Mississippi, has chosen Tyfone Inc.’s Instant Payment Xchange technology, meant to facilitate real-time payments on the FedNow system. The …
• 16 September

  Crate & Barrel Teams With Adyen to Connect Its Offline And Online Sales Channels

  

  Retail chain Crate & Barrel Holdings has partnered with Adyen NV to process payments for its 110 physical stores in the United States and Canada. The deal also covers processing for Crate & Barrel’s CB2 stores, a sister brand that sells modern furniture. Crate & Barrel will use Adyen’s unified …
• 16 September

  Adyen Teams With Nayax to Support Digital Payments at EV Charging Stations

  

  The Dutch processor Adyen NV and the Israel-based payments platform Nayax Ltd. announced early Monday they are teaming up to support digital payments for electric-vehicle charging stations around the world. The new agreement, which comes as electric vehicles become more numerous and raise a pressing need for more charging stations, …
• 16 September

  Elo’s New Pay M100 Tablet and other Digital Transactions News briefs from 9/16/24

  

  Elo Touch Solutions Inc. launched its Elo Pay M100 POS tablet, a mobile point-of-sale Android payments device aimed at restaurants as well as the general merchant market. Accessories include separate readers for mag-stripes and fingerprints. Kuvasz Solutions, a Chile-based payments services company formed in 2008, said it is expanding to the …
• 13 September

  Worldline Replaces Its Longtime CEO As the Global Processor’s Shares Plummet

  

  The big French processor Worldline SA announced early Friday longtime chief executive Gilles Grapinet will leave the company effective Sept. 30. The company says the search for a successor will evaluate candidates both inside and outside the company. In the meantime, the board has appointed Marc-Henri Desportes, deputy CEO since …
• 12 September

  Gateway Reveals Card Breach and other Digital Transactions News Briefs from 9/12/24

  

  Payment gateway Slim CD Inc. revealed a data breach resulting from suspicious activity it became aware of on June 15. The investigation found unauthorized system access between Aug. 17, 2023, and June 15, 2024. It says credit card information may have been viewed or obtained. Slim CD said it took measures to …
• 11 September

  Costco’s New Pump Payment Tech and other Digital Transactions News Briefs from 9/11/24

  

  Retailing giant Costco Wholesale Corp. has contracted with technology company Vontier to install new payments devices and software at the chain’s 76 fueling stations in Canada, starting next month. Vontier two years ago acquired Invenco, a company that included long-time fueling-technology provider Gilbarco Veeder-Root. Payment processor Silverflow said it has reached a new agreement …
• 10 September

  U.S. Merchants Pay the Highest Card Acceptance Costs in the World, a CMSPI Report Contends

  

  Merchants in the United States paid $224 billion in card-acceptance costs in 2023, the highest toll for merchants in any country in the world, according to payment consultancy CMSPI’s State of the Industry Report. Interchange fees alone accounted for $143 billion of that total. Since 2009, U.S. merchants’ like-for-like payment …