Thursday , November 26, 2020

Search Results for: POS system

How Smoothie King’s King-Size iPad Play Could Open the Gates for Tablet POS

In what appears to be the largest tablet-based point-of-sale deployment yet, the entire 700-store Smoothie King Franchises Inc. chain will convert to a system from San Francisco-based Revel Systems Inc. The Covington, La.-based chain, which sells blended drinks, snacks, and supplements, is replacing existing checkout registers with Apple iPads linked …

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Huge Softcard Coup with Subway Poses No Threat to Startup Paydiant, Top Exec Says

The telco-controlled mobile-wallet provider Softcard scored a major coup on Tuesday with the announcement that the massive Subway sandwich chain will start accepting its wallet Oct. 1 at its more than 26,000 U.S. locations. When complete, it will be the largest restaurant deployment yet for payments via near-field communication (NFC) …

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The U.S. EMV Migration Produces a Windfall for POS Terminal Producer VeriFone

It’s a good time to be a point-of-sale terminal maker when all of your customers have to go through the payments equivalent of abandoning the horse and buggy and jumping into an automobile. With a major U.S. deadline for converting from magnetic-stripe payment cards to the Europay-MasterCard-Visa (EMV) chip card …

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Mobile, POS Payments-Tech M&A Drives Overall Tech Deals to New Global Highs

Deals for financial and payments technology companies drove worldwide merger-and-acquisition activity in the technology sector to new highs in the second quarter, according to a report released on Thursday. n Transactions for payments and financial technologies firms was especially heavy in the second quarter. The quarter’s 60 deals exceeded the …

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Dubbed Local Register, Amazon’s Mobile POS Service Arrives

  Online retail giant Amazon.com Inc. is moving into brick-and-mortar stores with the debut Wednesday of its Local Register mobile point-of-sale service. Similar to other mobile POS services, such as Square Inc.’s, Local Register requires merchants to create an account, purchase a card reader and download an app to a …

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Another Zero Option: Cloud-based POS Provider Pose Drops Its Software Fee

  Pose POS Ltd., a cloud-based point-of-sale system, has changed its pricing model to a free one, at least for the monthly fee. Formerly $49 a month for the POS service, Pose now charges nothing to use its app, which is available on any device that can operate Google Inc.’s …

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Endpoint: Not All Mobile-Payment Systems Are Mobile Wallets

Even people in the payments industry are confusing the terms, and that’s obscuring some important developments in mobile acceptance, says Scott Holt. The convergence of mobile payment and mobile-payment acceptance is interesting because it enables a true mobile-to-mobile transaction. Scott Holt is vice president of Roam Data Inc., Boston, Mass. …

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POS Vendors Flint And Vend Link Up with Intuit for a QuickBooks Online Integration

Small businesses using Vend Ltd. point-of-sale systems and a mobile-payment acceptance app from Flint Mobile Inc. can now link payment data from these services to their QuickBooks Online accounts. Vend is a New Zealand-based company that markets a POS system that works on desktop computers, Apple computers, and the iPad. …

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Mobile Deposit for Prepaid Cards And Wallets Poses Heightened Fraud Risk, A New Study Finds

The technology to deposit checks into prepaid cards or mobile wallets using a smart phone is less than two years old, but already the channel is proving to be 33 times more prone to fraud than mobile deposits into bank accounts, according to data from Fidelity National Information Services Inc. …

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Dwolla Adds Next-Day Transfers, Harnessing the ACH System

Dwolla Inc. is in the next-day transfer business now. The alternative-payment network announced Thursday it is offering the service for withdrawals from Dwolla accounts to its users’ bank accounts. Relying on the automated clearing house system, the transfer service is an opportunity to use an existing network while Dwolla continues …

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