CardFlight Inc. released its SwipeSimple Terminal for the PAX A80 point-of-sale terminal. The software enables on-screen tip prompts, customizable digital receipts via text or email, and searchable transaction history, among other features.Point-of-sale finance provider Affirm Inc. debuted an app that allows consumers to shop and pay in installments at most stores. Consumers can …
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NCR Corp. said it acquired Anderson, Ind.-based Midwest POS Solutions Inc., a point-of-sale systems provider serving 1,000 restaurants in Indiana and Kentucky. Midwest POS was one of the first dealers of the NCR Aloha POS system for restaurants. Terms of the deal were not disclosed.ATM security specialist TMD Security launched One Touch Access, …
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Confirming speculation that it was having second thoughts about officially joining the Libra Association, PayPal Holdings Inc. disclosed Friday afternoon that it was withdrawing from the controversial cryptocurrency project proposed by Facebook Inc. “PayPal has made the decision to forgo further participation in the Libra Association at this time and …
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In a bad week for cryptocurrency, a news report emerged late Thursday that PayPal Holdings Inc. skipped a key meeting of backers of Facebook Inc.’s Libra initiative. And, in the state of Ohio, officials on Wednesday suspended a pioneering site that accepted business taxes via Bitcoin. Twenty-seven of the 28 …
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The Samsung Pay mobile wallet introduced a Mastercard-branded virtual prepaid card called Samsung Pay Cash, which is accepted at all locations that accept Mastercard and Samsung Pay transactions. The technology behind the card is provided by Netspend, a unit of Global Payments Inc. The move comes on the heels of Samsung …
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Adoption of mobile-payment apps in the United States has been tepid, so the so-called “Pays”—Apple Pay, Google Pay, and Samsung Pay—have sought new features to spike consumer interest. The latest gambit comes from Samsung Pay, which on Thursday announced an integration that will allow U.S. users to send payments to …
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C&H Financial Services Inc. said it merged with Mann Merchant Processing Systems LLC to expand its East Coast operations and grow. The combined company will use the C&H brand. Terms were not disclosed.Merchant acquirer Elavon Inc., a subsidiary of U.S. Bancorp, acquired Gothenburg, Sweden-based payments provider Payius AB. Payius has been an …
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Investors in payment stocks experienced something in September they don’t have to suffer through very often—two straight months of negative returns. A basket of 27 transaction-processor stocks tracked by Chicago-based Barrington Research Associates Inc. posted a negative mean return of 3.89% in September, considerably worse than three major stock-market indexes. …
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Global Payments Inc. may be on the hook for more than $135 million following a jury verdict in a breach-of-contract lawsuit filed by an independent sales organization against the Atlanta-based processor. A jury in the Superior Court of DeKalb County in Georgia found that Global Payments breached parts of its …
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Drury Hotels Co., which in May disclosed a data breach involving reservations made through some third-party online booking sites, now says the breach involved transactions from Dec. 28, 2017, to June 2 of this year, about two-and-a-half months longer than the originally stated timeline. Drury said “unauthorized access” occurred on …
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