Digital Transactions Authoritative, insightful and timely information for payments professionals
Lightspeed Commerce Inc. has introduced a new kitchen display system it says will help restaurants address operational challenges, reduce operating costs, improve order accuracy, and enhance customer satisfaction. A key feature of the new kitchen display system (KDS), which can be integrated with Lightspeed’s point-of-sale platform, is the ability to …
November, 2024
October, 2024
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2 October
Eye on E-Commerce: Paze at 125 Million Cards; Klarna Becomes an Apple Reseller
Paze, the online checkout service from Early Warning Services LLC, says more than 125 million credit and debit cards are now available to use with the e-commerce checkout tool as the service taps a new general manager. Also, buy now, pay later specialist Klarna AB has become an Apple Inc. …
June, 2024
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10 June
Mastercard’s AI-Powered Shopping Muse Has Been Deployed by Michael Kors
Retailer Michael Kors is getting into the artificial intelligence-powered shopping recommendation business with the adoption of Shopping Muse, a recommendation engine from a Mastercard Inc. company. Developed by Dynamic Yield, a data-personalization platform Mastercard acquired from McDonald’s Corp. in 2022, Shopping Muse employs artificial intelligence to make recommendations and further …
January, 2024
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8 January
Garmin Pay in New Garmin Watch And Other Digital Transactions News briefs from 1/8/24
Garmin International Inc. launched its Lily 2 series of smart watches, which include the company’s Garmin Pay contactless-payments technology. The Chinese technology and payments giant Ant Group, parent of Alipay, is closing in on an acquisition of MultiSafepay, a Netherlands-based payments platform, for about $200 million, Reuters reported. Alipay is the operator of the Alipay+ …
December, 2023
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8 December
Block’s New Bitcoin Wallet And Other Digital Transactions News briefs from 12/8/23
Block Inc., the parent of Square and Cash App, launched Bitkey, a self-custody Bitcoin wallet, in nearly 100 countries around the world. Block is taking pre-orders for the wallet, which consists of a mobile app, a hardware device, and a set of recovery tools, at $150 each. Crypto technology provider Onez launched …
September, 2023
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24 September
How ISVs are Adapting to Rapid Market Shifts
By Tom Byrnes, SVP, Marketing, PayiQ The current ISV market is growing exponentially and is expected to show a compound annual growth rate (CAGR) of 14.1% from 2022 – 2030. This growing scope of opportunity has attracted new players into the market. According to recent research by the Retail Solutions …
July, 2023
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25 July
Visa’s CEO Delicately Fields Questions About the Company’s Merchant Relations
Visa Inc.’s top brass, during the company’s quarterly earnings conference call Tuesday afternoon, preferred to talk about fast-growing newer lines of business such as value-added services and transaction sources apart from traditional plastic credit and debit cards. But stock analysts on the call had questions about some sensitive merchant-relations issues, …
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14 July
Olo Adds Kiosk Payments And Other Features for Restaurants
Olo Inc., a software-as-a-service platform provider for restaurants, rolled out several enhancements, including the ability for customers to place orders and pay for them using the Olo Pay application at in-restaurant kiosks. Enabling in-restaurant payments at kiosks marks the first availability of card-present payment processing through Olo Pay. Olo developed …
February, 2023
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14 February
U.K. Regulators Are Mulling BNPL Legislation
Two years after announcing United Kingdom lawmakers would regulate buy now, pay later services, HM Treasury, the British government’s financial arm, has begun its consultation process. As reported in The Guardian, the process will take eight weeks and will outline the rules that BNPL providers will have to follow. Klarna …
October, 2022
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28 October
Meta Pay Widens Its Merchant Reach Through a Deal With Chase Payments
Meta Pay, the mobile wallet from Meta Platforms Inc., has reached an agreement with JP Morgan Chase Payments to make the payment option available to Chase merchants on their e-commerce site or mobile app. The announcement was made earlier in the week on Twitter by Stephane Kasriel. the head of …
