Wednesday , April 24, 2024

Search Results for: restaurants

Euronet Transfer Volume up 3% and other Digital Transactions News briefs from 4/29/20

Money-transfer specialist and ATM operator Euronet Worldwide Inc. reported 27.4 million money-transfer transactions in the first quarter of 2020, up 3% from 26.6 million a year ago. Euronet said its ATM count of 42,176 at the end of the quarter is up from 42,034 last year. The company just acquired Dolphin Debit, a …

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New Leadership at Merchant e-Solutions and other Digital Transactions News briefs from 4/28/20

Payments provider Merchant e-Solutions announced new leadership, including chief executive Mike Rouse and eight other top executives.Shift4 Payments launched SkyTab Takeout, an online-ordering system for restaurants it is offering with no setup, order, or monthly fees.HomeAdvisor, an online marketplace linking homeowners to service providers, launched HomeAdvisor Pay, which allows homeowners to make contactless payments …

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Prepaid Specialist Blackhawk Rolls Out Digital Rewards And Gets Set to Launch a Donation Site

With consumers contending with the effects of the Covid-19 pandemic, rewards offered by the card networks could take on added importance. Blackhawk Network is counting on that, and has introduced a capability for mobile-phone users to add digital rewards to their Apple Pay, Google Pay, or Samsung Pay wallets. Working …

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Chase’s Merchant Volume Rose 5% Despite a ‘Tale of Two Cities’ First Quarter

JPMorgan Chase & Co., parent company of the nation’s biggest bank-owned merchant acquirer, managed to pull off a 5% increase in processing volume in the first quarter despite the restrictions on economic activity that took force in many states in the second half of March to control the Covid-19 pandemic. …

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Eye on Online Ordering: Smaller Tech Players Aim at Smaller Eateries Impacted by Covid-19

With restaurants in most major markets across the country forced to shut down on-premise dining because of the Covid-19 outbreak, online ordering, takeout, and delivery services are suddenly in the spotlight as local restaurants and other small, independent establishments grasp at technology to stay alive. That’s an immediate opportunity for …

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Some Small Businesses Are Seeing Higher Sales During Pandemic, ETA-Strawhecker Survey Finds

The screeching slowdown in consumer spending caused by efforts to stem the spread of the Covid-19 pandemic has hit U.S. small businesses particularly hard, but there are some bright spots, according to the Electronic Transactions Association and merchant-acquiring research and consulting firm The Strawhecker Group. The survey of more than …

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An Analysis of Planned Changes to Network Rates Yields a Deep Impact for U.S. Merchants

Visa Inc. and Mastercard Inc. have postponed their planned U.S. interchange revisions until July, but when these changes do take effect the net impact on merchants will be deep, according to an analysis released by CMSPi, an Atlanta-based global merchant payments consultancy. Indeed, the new pricing planned by the two …

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Eye on Merchants: An ISO’s Restaurant Service; Hilton, AmEx Donate Rooms; Visa’s $210 Million Commitment

As many merchants, especially those in hospitality, are challenged by slumping consumer demand amid the Covid-19 outbreak, payments companies are developing new resources and designating millions in aid. Restaurants, in particular, are experiencing steep drops in demand as consumers abide by shelter-at-home directives. They’re closing their dine-in spaces and, if …

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Grocer Publix Activating Contactless Payment Acceptance and other Digital Transactions News briefs from 4/3/20

Supermarket giant Publix said it is installing contactless-payment capability in all 1,242 of its stores in an effort expected to be completed by Saturday. The move will allow customers with mobile devices to pay via Apple Pay, Google Pay, or Samsung Pay. The chain also said it is beefing up efforts to …

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New Data Show Even Necessities Aren’t Immune to Covid-19’s Impact on Card Spending

The Covid-19 virus is taking a fearful toll not only on lives but also on U.S. commerce, and now even everyday staples are feeling the pinch. Grocery stores saw a sharp spike in card-based purchase volume in March as consumers scrambled to lay in supplies against the rapid spread of …

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