Point-of-sale

August, 2024

• 28 August

  Apple Eyes a Return Via Zip; Sezzle Teams With Liberis to Reach Merchants

  

  Apple Inc. is reportedly mulling a return to the buy now, pay later sweepstakes in the United States through a partnership with Zip Co. Ltd, an Australian digital financial-services company. ZIP’s chief executive, Cynthia Scott, acknowledged the two companies are in talks, according to MacDailyNews. Apple abandoned BNPL operations in June …
• 27 August

  Cantaloupe Deepens Its Foray Into Sports And Entertainment With a Suite Ordering App

  

  Cantaloupe Inc. has strengthened its hand in the highly competitive market for payments at sports and entertainment venues with the launch of Suites, an order-management application designed for such venues, on Cantaloupe’s Cheq platform. Cantaloupe developed the new app as a way to make it easier for guests in stadium …
• 27 August

  The CFPB Reviews Cash Back at the Point of Sale Amid Concerns of Reduced Access to Cash

  

  Retailers providing cash-back services at the point of sale fill a void for many consumers who may live in so-called banking deserts, the Consumer Financial Protection Bureau says in a new report on the service. Some, however, charge a fee for that access, along with other banking hurdles. The Cash-back …
• 27 August

  Fortis’ New Features and other Digital Transactions News briefs from 8/26/24

  

  Payments provider Fortis Payment Systems announced new features developed in partnership with accounting-software developer Sage and aimed at simplifying payment processes and streamlining back-office functions. Payments provider PayJunction said it has added text-to-pay capability, allowing businesses to accept customer payments through text messages. Meal Ticket, a developer of technology for food-service companies, has launched …
• 26 August

  Shift4 Lays Out $148 Million in Cash for Gift Card Platform Givex

  

  Shift4 Payments Inc. announced Monday it has agreed to acquire Givex Corp., a provider of gift card, e-gift card, loyalty, and POS solutions in an all-cash transaction valued at $200 million Canadian, or $148 million U.S. The acquisition of Toronto-based Givex, which services the restaurant and retail industries, will add …
• 26 August

  TrustCommerce’s Cloud Payments Targets Easier Health Care Payments

  

  TrustCommerce says the first client to use its Cloud Payments integration with Epic Systems Corp.’s health-care software for card-present payments is now live. Chicago-based TrustCommerce says The Ohio State University Wexner Medical Center is the first to use its Cloud Payments integration. Cloud Payments uses Android-based point-of-sale devices from PAX …
• 26 August

  Onfleet’s Shopify Tie-up and other Digital Transactions News briefs from 8/26/24

  

  Onfleet, a delivery management software platform, said its new partnership with Shopify Inc., an e-commerce and point-of-sale platform, integrated Shopify online orders with Onfleet’s platform. Rentvine, a software platform for rent payments and other property-management functions, raised $74 million in growth capital from Mainsail Partners. Businesses in the Asia-Pacific region are adopting …
• 22 August

  InvoiceASAP Partners With Adyen on Instant Payouts As Real Time Processing Unfolds

  

  InvoiceASAP Inc., a provider of invoicing and payment technology for small and medium-size businesses, has partnered with Adyen NV to provide merchants instant access to deposited funds. InvoiceASAP will leverage Adyen for Platforms, an end-to-end payments and customer-experience platform, to offer its 23,000 merchants immediate access to pending funds and …
• 22 August

  Ransomware Demands Averaged $1.6 Million in Second Quarter, a New Report Says

  

  Ransomware is a sobering item on every organization’s list of things to worry about. New data shows it might be more problematic than ever as the average ransomware demand reached $1,571,667 in the second quarter, more than double the average in the first quarter, according to “Q2 2024 Cyber Threat …
• 22 August

  U.S. Bank Acquires Salucro and other Digital Transactions News briefs from 8/22/24

  

  U.S. Bank has acquired Salucro Healthcare Solutions LLC, a 20-year-old provider of payments and billing technology for the health-care industry. Terms were not announced. The bank first invested in Salucro in 2022 and has sold its services through Elavon, the bank’s payments entity, as a product called MedEpay. Relay Payments, a …