Point-of-sale

June, 2024

• 12 June

  Men Are Now the Primary Buyers of Gift Cards, Blackhawk Network Finds

  

  Men have supplanted women as the primary buyers of gift cards, says a report from Blackhawk Network. The shift is attributable to men taking on more household responsibilities, such as shopping and gifting, the report says. Blackhawk has been conducting the survey for nearly a decade. Types of gift cards …
• 12 June

  Shopify Makes Sendbird’s AI Chatbot Available in Its App Store

  

  Shopify Inc. merchants looking for a way to add a chatbot with artificial-intelligence capabilities to their Web sites have a new option with the Sendbird Inc. chatbot. San Mateo, Calif.-based Sendbird’s chatbot is used by 4,000 apps, including DoorDash, Noom, and Yahoo Sports. Ottawa, Ontario-based Shopify says the Sendbird AI …
• 11 June

  Payment Choice Is A Key Driver In The Customer Experience, Fiserv Finds

  

  Providing consumers more ways to pay and engage with merchants play key roles in driving consumer purchasing decisions, according to Fiserv Inc.’s Spring 2024 Carat Insights Report. One way for merchants to engage on a deeper level with consumers is to offer apps featuring loyalty and rewards programs and that …
• 11 June

  NMI’s Shopify Integration and other Digital Transactions News briefs from 6/11/24

  

  Payments provider NMI announced what it calls an “enhanced” integration with Shopify, the Canada-based e-commerce platform. The integration is meant to assure independent sales organizations and software providers that integrations comply with updated Shopify requirements. Chase Payment Solutions has brought its Tap to Pay on iPhone capability to Canada, with beauty retailer Sephora …
• 7 June

  Elavon Expands in Mass Transit With Contactless Fare Payments on Philadelphia’s SEPTA

  

  In a major win in the expanding market for digital payments for mass transit, Elavon Inc. said it will support contactless payments for the Southeastern Pennsylvania Transportation Authority, the seventh largest U.S. transit system with 45.6 million riders per year, according to the American Public Transportation Association. The new service, …
• 6 June

  Affirm Adds New Payment Options And Partners to Attract Omnichannel Merchants

  

  Buy now, pay later provider Affirm Holdings Inc. has expanded its payment options to include Pay in 2 and Pay in 30. The new BNPL options are intended to provide consumers with more flexibility in budgeting their monthly income, the company says. Data from the Bureau of Labor Statistics shows …
• 6 June

  Canadian Customers Are Losing Enthusiasm for Credit Card And Banking Apps And Sites

  

  Banks and credit card companies have launched online services and mobile apps over the years to reinforce ties to their most valuable customers and win new ones. But, in Canada at least, that effort is hitting a brick wall, a series of new reports from J.D. Power indicates. While Canadian …
• 6 June

  The Best Tipping State and other Digital Transactions News briefs from 6/6/24

  

  Toast Inc., a provider of pay-at-table payments devices for the hospitality market, reported data derived from 112,000 restaurant locations in its Q1 2024 Restaurant Trends Report. Among the results: Tipping is most generous in Delaware, where it averages 22.1% of the bill. Mastercard Inc. said it is integrating Deposit Switch and …
• 5 June

  Adyen’s Payment Tech Finds a Home at Prada

  

  Italian fashion house Prada is adopting omnichannel payments technology from Adyen NV in a bid to build a single financial technology platform across all its retail channels. Tap to Pay on iPhone in Prada’s U.S. locations and its Milan store is a centerpiece of the partnership, Adyen says, and potentially …
• 5 June

  CFPB Lays Out Open Banking Standard Steps and other Digital Transactions News briefs from 6/5/24

  

  The Consumer Financial Protection Bureau said it has settled on a process by which companies can comply with an upcoming personal financial data rights rule related to open banking. Cloud-based phone-service provider Ooma Inc. announced an integration with Square, the point-of-sale unit of Block Inc., to incorporate Square transaction data into business communications …