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January 16, 2023

On the wires

Elo Partners with FreedomPay to Transform the Digital In-Store Experience

GlobeNewswire News Room

FreedomPay, the global leader in Next Level Commerce™, and Elo, a leading global provider of interactive solutions and interactive display solutions, announce the integration of Elo’s M60 Pay handheld computer with FreedomPay’s secure commerce technology. Built to accept today’s popular payment and loyalty cards, the M60 Pay has a built-in EMV, magnetic stripe reader and NFC for cards with either chips or strips and digital contactless payments.

October 5, 2022

On the web

Green Payments Announces Partnership with OVE Touch & Go®, Expands Point of Sale System with Novel Fingerprint Solution for Digital Payments

GlobeNewswire News Room

“Green Payments, a credit card processing and point of sale disrupter, today announces its partnership with OVE Touch & Go®, a novel fingerprint payment system that makes digital transactions secure, quick and easy with a simple touch. Green Payments CEO, Cliff Green, recently onboarded as an advisor to the company to help with the launch of its point of sale (POS) solution that allows customers to pay with their fingertips, and businesses to accept fingertip payments. First founded in 2014, Green Payments has helped nearly 5,000 businesses build their financial stability while generating more than $1 billion in consumer payments each year. Known for its mission to eliminate businesses’ 2-3% processing fee through customized programs, Green Payments plans to utilize emergent technologies like OVE’s fingerprint authentication system to further customize payment options for merchants and customers alike.”

September 8, 2022

On the web

IntelliPay Announces Patent for Government Point of Sale Processing


“Today, IntelliPay a leader in no-cost payment processing and a premier provider of customized solutions for local and state governments, announced the issuance of U.S. Patent # 16,409,359 by the USPTO entitled “System and Method for Processing Chip-Card Transactions from a Host Computer.” IntelliPay’s patented technology allows government customers to make a single payment. Behind the scenes, the payment is split into two payments, one for the government invoice amount and a second for the service fee that covers the processing cost of the transaction. This single payment card insertion into the card reader eliminates the need for two insertions typically required. The new technology is the easiest and fastest way for government customers to make secure chip-card in-office payments. Government offices using the new technology report shorter lines, reduced wait times, and higher customer satisfaction overall.”

August 5, 2022

On the web

TymeBank Boosts Business Banking


“Small business owners will benefit from access to turnover-based finance provided by SME funder Retail Capital, along with new offerings like a mobile POS app and a financial community platform, as TymeBank bolsters business banking offering…Business customers will have access to a new offering called TymePOS, a mobile point-of-sale app that turns an NFC-enabled cellphone into a tap-and-go payment device. As a softpos solution, says the bank, TymePOS offers the best pricing in the market for merchants of this size. It also has market-leading next-day settlements for merchants (the industry standard is seven days). The app is available for download on the Google Play Store, and it will take a TymeBank Business Banking customer two minutes for app onboarding. Customers will then receive a merchant ID to start processing card payments within 24 hours.”

April 13, 2022

On the web

Dallas Arena Opens Stores With Autonomous Checkout

Chain Store Age

“American Airlines Center is offering two new frictionless shopping options. The arena, home to both the Dallas Mavericks NBA basketball team and Dallas Stars NHL hockey team, is collaborating with hospitality company Levy and its design subsidiary DBK Studio to open a new Market To-Go store on the arena’s terrace level. A second Market To-Go store is slated to open on the main concourse level of the arena later in April.”

April 11, 2022

On the wires

Square Introduces the Next Generation of Square Stand

“Today, Square unveils the next generation of Square Stand , the company’s iconic countertop device that turns an iPad into a powerful, robust point of sale system that sellers can use to run their entire business. Launching concurrently in all of Square’s eight global markets, Square Stand features integrated contactless tap, chip and PIN payments technology, a sleek, professional design and a new checkout flow that provides businesses and their customers with a more intuitive, transparent and streamlined commerce experience.”

January 18, 2022

On the wires

Ingenico Hoists Its Unattended Payment Portfolio and Achieved Greater Ubiquity With the Launch of Its Self-Modular

“Ingenico, a Worldline brand, confirms its leadership in unattended payments with the launch of its Self-Modular, world-first unattended terminal PCI PTS v6 certified, and takes its portfolio to be the most comprehensive and innovative solution, covering all verticals – such as vending, EV charging, transportation, parking and ticketing kiosks, for both indoor and outdoor use cases.”

January 13, 2022

On the wires

The Future of the Point of Sale Is Here: Visa Pioneers Cloud-based Payment Acceptance

“Today Visa (NYSE: V) announced a new platform, Visa Acceptance Cloud (VAC), set to revolutionize the way businesses accept payments from their customers. Following the success of the company’s popular “Tap to Phone” solution, VAC will let acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players move payment processing software from being embedded in each hardware device to being universally accessible in the cloud.”

January 5, 2022

On the wires

Adyen Launches Android POS Terminals

“Adyen, the global payments platform of choice for many of the world’s leading companies, today announced the launch of mobile Android point of sale (POS) terminals in the EU, UK, and the United States. The devices represent a fundamental change in the role of the payment terminal, functioning as an all-in-one solution, eliminating the need for separate cash registers, barcode scanners, and customer facing displays. Additionally, the terminals come with an app management system, allowing merchants to upload and manage the apps they use every day, for inventory management, loyalty programs, returns and more.”

December 16, 2021

On the web

UBS Arena Is the Latest Professional Sports Stadium to Go Cashless

Digital Transactions

“The move toward cashless sports stadiums continues to accelerate. UBS Arena, home of the National Hockey League’s New York Islanders, has contracted with Fiserv Inc. to install Clover point-of-sale hardware and Bypass point-of-sale software to enable digital and contactless payment options throughout the venue.  UBS Arena will deploy more than 350 Clover devices to enable contactless purchases at concession queues. With the implementation of Clover terminals, UBS Arena will be fully cashless.”

October 27, 2021

On the web

FIS’s Worldpay Replaces PAX Terminals Over Security Concerns


“FIS’s online-payments processing unit has begun replacing terminals made by PAX Global Technology Ltd. due to concerns about their security, according to messages reviewed by Bloomberg News and people familiar with the matter. The business, called Worldpay from FIS, told partner companies on Oct. 8 that it had decided to remove PAX devices in favor of point-of-sale equipment manufactured by two competitors, U.S.-based Verifone and France’s Ingenico, according to a message reviewed by Bloomberg News.”

On the wires

PayPal Launches the Zettle Terminal – Its New All-in-one POS Solution for Small Businesses

“PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of the Zettle Terminal , its new, all-in-one point of sale solution that offers increased mobility in-store for small businesses. The Zettle Terminal will be available in the UK beginning today and will continue to roll-out across additional markets in Europe in 2021 and into 2022, and in the U.S. next year. With its sleek design, the Zettle Terminal is ready to go right out of the box, no need for a second device to pair it with.”

October 26, 2021

On the wires

Independent Software Vendors Can Simplify Operations for Small Businesses Through First-of-its-Kind Clover Integration – Fiserv, Inc.

Fiserv, Inc., (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced the launch of a unique platform-as-a-service (PaaS) offering that enables independent software vendors (ISVs) to integrate their software directly into Clover point-of-sale devices, allowing ISV software users to be more nimble in how and where they run their business.”

October 14, 2021

On the wires

Synchrony And Fiserv Expand Strategic Partnership With Payment Options For Merchants And Their Customers Via Clover

“Synchrony (NYSE: SYF ), a leading consumer financing company, today announced an expanded strategic partnership with Fiserv, Inc. (NASDAQ: FISV ), a leading global provider of payments and financial services technology solutions. Small businesses will now be able to access Synchrony products and services and accept private label credit card payments via the Clover® point-of-sale and business management platform from Fiserv, accelerating growth for small businesses and offering more flexibility and choice in how consumers make purchases.”

September 29, 2021

On the web

Online Powerhouse GoDaddy Takes the Next Step With Card-Present Transactions

Digital Transactions

“GoDaddy Inc., which launched GoDaddy Payments in June to unify its transaction services following its December deal to buy point-of-sale terminal maker Poynt Inc., released a countertop payment terminal and mobile card reader with lower fees than most competitors. Merchants will pay 2.3% per card-present transaction and 2.3% plus 10 cents per e-commerce transactions. Keyed transactions are 3.3%. GoDaddy says its rate undercuts the average among four competitors—Square, Stripe, Shopify, and PayPal—of 2.6% plus 6 cents.”

September 13, 2021

On the web

SpotOn Raises $300M at a $3.15B Valuation and Acquires Appetize


“Since its 2017 inception, SpotOn has been focused on providing software and payments technology to SMBs with an emphasis on restaurants and retail businesses. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. Appetize will go to market as SpotOn and will work to grow its client base, which already includes an impressive list of companies and organizations including Live Nation, LSU, Dodger Stadium and Urban Air.    In fact, Appetize currently covers 65% of all major league sports stadiums, specializing in contactless payments, mobile ordering and menu management.”

September 10, 2021

On the wires

Square and SoFi Stadium Exclusively Partner to Welcome Back Fans With Omnichannel, Contact-Free Commerce – SoFi Stadium

“In a first-of-its-kind, 10-year partnership, Square has been selected as the exclusive point-of-sale (POS), payments, software, and merchant services provider for the new SoFi Stadium , home to the Los Angeles Chargers and Los Angeles Rams, and Hollywood Park , the 300-acre mixed-use development being built by Los Angeles Rams Owner/Chairman and SoFi Stadium developer E. Stanley Kroenke. Together, Square, SoFi Stadium and Hollywood Park, and Legends are ushering in a new standard for fan experience and commerce that enables seamless commerce centered around delighting and engaging sports fans and concert-goers, while rising to meet the new challenges, needs, and opportunities facing the entertainment and sporting industry.”

September 9, 2021

On the web

Amazon Developing New Point-of-sale System to Attract Small Businesses – Insider


“Amazon.com Inc (AMZN.O) is working on a new type of point-of-sale system that can be sold to third-party sellers, Insider reported on Wednesday. The new system can handle both online and offline transactions and can also link to other services including Prime and Flex, the report added, citing an internal document… The move will allow Amazon to compete with Canada’s Shopify (SHOP.TO) and U.S. payments giant PayPal (PYPL.O) , which already offer POS systems for payments for small businesses, that have moved online during the pandemic to boost sales. Project Santos, created by an internal Amazon team to compete with Shopify, is leading the project, the report said.”

September 8, 2021

On the wires

Square Launches Square Register in Canada, Offering Integrated Point-of-Sale Hardware to Help Larger Sellers Rebuild This Fall

Square , the globally trusted software, payments and hardware solution for businesses of all sizes, is raising the bar on customer experience with the launch of its Square Register in Canada . With 80% of Canadians reporting their commitment to buying local is more important now than before the pandemic, Square Register offers Canadian sellers a cashless new way to sell and run their businesses from a COVID-safe distance.”

August 24, 2021

On the web

Paytm, HDFC Bank in Payments Tie-up


“Fintech major Paytm and the country’s largest private bank HDFC Bank Ltd have entered into a strategic partnership for delivering financial solutions to end consumers and merchants across India. The fusion of HDFC Bank’s network, products, and credit appraisal capabilities and Paytm’s technological platform will accelerate digital transformation in semi urban and rural India, while bringing more people into formal banking channels, the two companies said.”

On the wires

Selecta Group and Fiserv to Roll Out Cashless Payments Across Europe

Selecta Group, Europe’s leading route-based self-service retailer offering coffee and convenience food solutions in the workplace and in public spaces, is partnering with Fiserv, Inc. , (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to commence the enhancement and streamlining of digital payments across its points of sale, meeting consumer demand and boosting operational efficiency as self-service technologies such as vending machines and smart fridges boom in a pandemic-conscious world.”

August 23, 2021

On the web

ValueAct Builds $1.2 Billion Fiserv Bet, Touts Square Rival


“Activist investor ValueAct Capital Management has built a new position in Fiserv Inc. and believes its Clover credit-card processing business could be worth $185 billion by 2024. San Francisco-based ValueAct has built a new $1.2 billion position in the financial technology and payments firm, according to an investor presentation seen by Bloomberg. It believes Clover’s business is already bigger than that of rival Square Inc. and growing faster, the presentation shows.”

July 29, 2021

On the web

The Point of Sale Isn’t Just Changing — It Could Disappear

American Banker

“One of the most significant new trends is consumers’ strong interest in checkout-free retail, in which payments are handled almost invisibly, according to new research from Arizent, the parent company of American Banker. This stands in contrast to the backlash against checkout-free retail prior to the pandemic, when the concept was seen as discriminatory against the unbanked since it downplayed or eliminated the use of cash.”

July 15, 2021

On the wires

QuickBooks Introduces New Hardware to Enhance Mobile Payments Offering for Small Businesses

“As the consumer shift to contactless payments becomes permanent, Intuit (Nasdaq: INTU) QuickBooks is introducing QuickBooks Card Reader, a new innovative payments device designed for today’s small business owners. Integrated with QuickBooks Payments, which processes more than $65 billion in volume annually, the card reader is the latest fintech offering to help small businesses get paid faster, no matter how or where they work.”

July 13, 2021

On the wires

Slice Partners With Adyen to Enhance POS Payment Solutions

“Adyen (AMS:ADYEN), the global payments platform of choice for many of the world’s leading companies, and Slice, the innovative tech platform powering America’s independent pizzerias, have partnered to enhance Slice’s payment processing experience. By leveraging Adyen for Platforms, Slice will scale an industry leading end-customer payment experience across its thousands of pizzeria clients. Adyen for Platforms enables platforms like Slice to provide turnkey access to payment capabilities for their clients, including terminal devices for in-restaurant interactions, all with one solution.”

Verizon Business and Mastercard Partner to Bring 5G to the Global Payments Industry

“Verizon Business and Mastercard today announced a strategic partnership expected to drive transformational solutions for the global payments and commerce ecosystem. From contactless shopping and autonomous checkout technology to Cloud Point of Sale (POS) solutions, Mastercard and Verizon Business will collaborate to deliver scalable innovations that drive the industry forward and create new experiences for consumers and businesses alike. Verizon and Mastercard will work closely to unlock Internet of Things (IoT) sensor connectivity with near real-time edge computing to power the fintech, payments and banking industries, in addition to working to arm SMBs with hyper-automated and immersive commerce experiences.”

July 6, 2021

On the web

Point-of-sale Technology Gets More Muscle

American Banker

“To reach a wider audience, the digital payments provider linked2pay is focusing on the offline world by integrating with the terminal maker Pax Technology. The partnership illustrates the need for the physical point of sale to be as full-featured as an e-commerce site, with support for mobile wallets, rewards, loyalty programs and customer messaging. Especially in the wake of the global pandemic, consumers expect these features to be integrated into any channel they use for shopping.”

June 7, 2021

On the wires

SpotOn Introduces Sidekick To Power Food Trucks

“SpotOn, a leader in fully integrated restaurant management platforms, today introduces SpotOn Sidekick , a handheld solution designed specifically for food trucks, pop ups, cafes and other mobile food kitchens. Joining SpotOn Serve in the company’s suite of handheld restaurant technology, SpotOn Sidekick allows small-scale food businesses to take orders, process payments and print receipts from one intuitive handheld device. With this latest addition, SpotOn now offers the power and convenience of handheld technology to food businesses of all sizes, continuing its commitment to help small businesses compete and win.”

May 18, 2021

On the web

Pandemic Helps Ordr’s Simple POS Platform for Bars and Restaurants Raise $12M


““Order and pay” platform for bars and restaurants Ordr has raised a €10m ($12M) Series A round from Idekapital and OpenOcean. Launched in Norway in 2020 it now counts IKEA, Nordic Choice, REKOM and Color Line as customers. The company is now launching in Sweden, Finland, Denmark and the United Kingdom. Ordr’s competitors include FlipDish, Onvi.com and WeOrder. Ordr has a platform for digital menus, order-placement, and payment which, it claims, increases sales and reduces and queues at bars and restaurants.”

April 27, 2021

On the wires

Merchants Can Offer More Touch-free Ways to Pay As Fiserv Brings PayPal and Venmo QR Code Payments to the Point of Sale

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling businesses of all sizes across a range of industries to support in-demand digital payment options and expand their touch-free payment capabilities via a new relationship with PayPal. Small and mid-sized businesses using Clover ® and large enterprises leveraging the Carat omnichannel commerce ecosystem from Fiserv will be able to accept payment via PayPal and Venmo through QR codes presented at the point of sale. Consumers will be able to initiate payment by scanning the QR code with their PayPal or Venmo app, and will receive a digital receipt.”

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