Thursday , March 28, 2024

Search Results for: POS system

Fiserv Tweaks Carat Data Access And Other Digital Transactions News briefs from 9/29/22

Fiserv Inc. said its Carat operating system has added a capability for large enterprises to more readily access and analyze payments data.Mastercard Inc. said it is launching Strive USA, a small business imitative, in the United States for the first time. The goal is to support 5 million SMBs over the next five years.Also, …

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Agility with e-commerce: Enabling e-commerce payments is no longer negotiable

By Dustin Siner, Chief Revenue Officer, Agile Financial Systems The rise of e-commerce and social commerce is unmistakable. What was once viewed as an alternative shopping method for a select few is now the preferred shopping method for a significant portion of consumers. A report by Statista forecasts that by …

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Elavon Launches a Platform for Contactless Payments in Mass Transit

The big payments processor Elavon Inc. has joined the movement to convert mass transit in the United States to contactless technology for fare transactions. The Atlanta-based company on Tuesday launched its Mass Transit Payments platform, aimed at both public and private agencies and with gateway and acquiring services provided by …

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One More Thing? Apple Pay Later’s Debut Is Still Pending

Apple Inc.’s latest financial product, a buy now, pay later service called Apple Pay Later, has yet to arrive, though the iPhone operating system it was expected to require launched Sept. 12. Why is that? One Bloomberg columnist suggests Apple Pay Later, which was announced in June, may not arrive …

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Second Thoughts On Gun Code And Other Digital Transactions News briefs from 9/20/22

The Wall Street Journal reported that Republican attorneys general for 23 states have warned American Express Co., Mastercard Inc., and Visa Inc. to stop their effort to create a merchant code for gun stores, alleging the effort could result in a mishandling of consumer data and would fail in its purpose of preventing gun …

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POPcodes And Arcum Take on ISO Attrition Rates with Targeted Messaging

Having made a sale, independent sales organizations and merchant acquirers are loath to lose merchants to a competitor but they must contend with this turnover, called attrition, every day. POPcodes Inc., a smart point-of-sale terminal service provider, and Arcum Partners, an artificial intelligence firm, say they are working on reducing …

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Feeney Will Step Down As CEO of Cantaloupe Following Record Revenue Results

Sean Feeney, the veteran software executive and former U.S. Army officer who took over as chief executive of Cantaloupe Inc. in June 2020, will retire Sept. 30 and will be replaced by Ravi Venkatesan, who has been serving as chief operating officer of the vending-payments specialist since February. The move …

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PayNearMe Adds Kansas, Its 20th State for iGaming And Sports Betting

PayNearMe Inc. has added one more state for its iGaming and sports-betting processing business. The latest expansion, to Kansas, brings to 20 the number of states in which the payments and electronic billing platform provider has iGaming operations. The expansion also comes just as the collegiate football and National Football …

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How Virtual Cards Are Powering New Business Models

The technology of credit cards has undergone a revolution since the days of magnetic stripes. The credit card has come a long way since Forrest and Dorothea Parry invented it in 1960. Forrest was an IBM engineer working on barcode systems and optical character readers when he came up with …

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Is Everyone Ready for Durbin II?

The U.S. Senator’s bill to regulate credit card costs on behalf of merchants has stirred passions not seen since…the Durbin Amendment. All the major card-issuing banks must be asking themselves by now what Democratic Senator Richard Durbin of Illinois has against them. Like some old Hollywood horror-film refugee, the Senator …

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Digital Transactions