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May 17, 2021
On the wires
Appetize Launches New Payment Technology for Sports and Entertainment Venues, Hospitality and Restaurants
“Today, Appetize , the leading digital commerce platform, is introducing Appetize Payments, an all-in-one solution that combines payment processing services along with Appetize’s best-in-class cloud software. Launched at a time when larger venues and hospitality brands are looking to unify their tech stack, Appetize Payments eliminates the need for expensive third-party services, provides transparency in pricing, and offers a single point of support.”
April 23, 2019
On the web
Alipay to Spend $448 Million Plugging New Face Scanner
Yicai Global
“Ant Financial’s ubiquitous mobile payment platform Alipay has launched its latest facial recognition tool and said it plans to spend CNY3 billion (USD448 million) promoting the new system across China. Alipay introduced Dragonfly 2 yesterday. Compared with its predecessor, the point of sales device is smaller and lighter, making it portable, according to a post on Alipay’s official Weibo account. Dragonfly 2 is two inches smaller at eight inches, is a third of the thickness and less than half the weight. It can be folded to the size of a book and even fit inside a coat pocket.”
January 10, 2019
On the web
Square takes aim at Stripe, PayPal with new payments kit for mobile software developers
GeekWire
“The Square In-App Payments Kit will work with iOS and Android devices as well as the Flutter cross-platform mobile development system. Developers using the new services will be able allow customers to use Apple Pay or Google Pay as well as regular old credit cards within their own mobile apps, and connect that data to purchases made in their brick-and-mortar stores or on the web.”
On the wires
TSYS Launches Vital® Brand, Unrivaled New Point-of-Sale Product Suite for SMBs
“TSYS (NYSE: TSS) today announced the launch of Vital®, a new brand of payment products designed to help small and medium-sized businesses run more easily and efficiently. Vital is also available to be white-labeled by TSYS partners.”
September 5, 2018
On the web
PIN-on-Glass Specialist MyPINPad Secures a Spot on the Thales Hardware Security Module
Digital Transactions News
“MyPINPad says the Thales payShield 9000 HSM is used in an estimated 80% of payment card transactions. HSMs provide PIN protection and validation, transactions processing, mobile and payment card issuance, and key management, Paris-based Thales says.”
August 2, 2018
Top Post
Square Now Lets Developers Use Its Reader To Build Custom Checkout Experiences
TechCrunch
“Square, the company you know from your favorite coffee shop’s checkout counter, is opening up its Reader hardwareto developers. Using the new Square Reader SDK, developer swill be able to build their own custom checkout and point of sale experiences, no matter wether that’s a self-ordering kiosk, a mobile app for waiters or any other similar service.”
July 30, 2018
On the web
How Software Ate The Point Of Sale
The Atlantic
“If some areas of financial technology, or Fintech, promise a new elegance, the point of sale serves as a reminder of the viscosity of the everyday technologies on which most Americans rely. If you want to divine the future of transportation, you’d probably learn more thinking about the bus than the rocket. If you want to know how money is gonna change in the future, you need to look at the cash register as much as the blockchain. But the most powerful and ambitious companies in the world have tremendous incentive to take interest in the cash register. It’s there where the two great data streams of the modern world flow together: what people do on their phones and what they buy in the physical world.”
July 20, 2018
On the wires
MYPINPAD Launches Open mPOS Platform for PIN On Mobile
MYPINPAD
“MYPINPAD, the global leader in payment acceptance and authentication software solutions, today announces the launch of Open mPOS. Open mPOS is a complete mPOS authentication platform that uniquely enables merchants, Acquirers and Payment Service Providers (PSPs) to deploy PIN on Mobile technologies without the need to undergo their own Software PIN on COTS (SPoC) PCI certification. Open mPOS will provide a fully certified PIN on Mobile (PoM) solution that removes the complexity in achieving and maintaining PCI SPoC compliance, enabling Acquirers and PSPs to save time and money when deploying the latest mobile payments innovations.”
July 10, 2018
On the web
Toast Raises $115M At A $1.4B Valuation To Create A One-stop Management Tool For Restaurants
TechCrunch
“Toast is a point-of-sale for restaurants, though over time it’s added more and more services on top of that. Now the goal is to be not just a point of sale, but offer a whole system to help restaurants operate efficiently. That can range from the actual point of sale all the way to loyalty programs and reporting on that information.”
June 21, 2018
On the wires
TouchBistro Raises C$72 Million In Series D Financing Round Led By OMERS Ventures And JPMorgan Chase & Co.
PR Newswire
“The new funds will be used to support development of the next generation TouchBistro restaurant operating system, development of new payment solutions, expansion into new and existing markets, and to double the size of the team over the next year. This latest round brings TouchBistro’s total funding to date to C$117 million. TouchBistro is an award-winning iPad POS built from the ground up to work as the heart of a restaurant’s operations. It streamlines and simplifies all aspects of running a restaurant – from order taking, payment processing, menu management, accounting, reporting, inventory management, and staff scheduling, to customer loyalty. “
Shift4 Payments and Posera Announce Merchant Services Solution For Restaurants
PR Newswire
“Shift4’s complete payment solution is integrated into Posera’s full-featured Maitre’D point-of-sale solution to provide users with a secure payment gateway, P2PE-enabled EMV devices and full merchant services. This all-in-one solution combines all the pieces of the payment process into a single, all-inclusive program for a superior payment experience.”
June 18, 2018
On the web
How Square Made Its Own iPad Replacement
Wired
“If you know the company Square, it’s probably because you’ve paid in a store using a Square “stand,” a dock that supports a tablet, or you’ve swiped your card through Square Reader, a smartphone dongle that processes payments. These products have a soothing, decidedly Apple-y aesthetic, from the simple dongle to the all-white stand that typically houses an iPad. But since late last year, Square has been quietly selling its own custom-made tablet, the Square Register, a $999, Android-based system. And the company has taken an obsessive approach to designing the product.”
June 1, 2018
On the web
PayPal and Singapore’s Temasek Invest $125M In Indian Payment Startup Pine Labs
TechCrunch
“Like iZettle, Pine Labs offers a point-of-sale device that covers debit and credit cards, as well as new and increasingly popular digital payment methods that include mobile wallets, and services that support Indian government project UPI. Rather than other traditional POS devices that are common across India, Pine Labs’ is smart and cloud-based. While that product gives it distribution, the company offers a suite of services for retailers and SMEs which include customer analytics, a transaction dashboard, and loan services. The company’s notable public-facing clients include retailer Croma, Nike, McDonald’s, Apple, KFC, Sony and Samsung.”
May 29, 2018
On the wires
Ingenico Group Achieves A World First In The Payment Industry With The Google Mobile Services Certification Of Its Axium D7
GlobeNewswire
“The certification demonstrates that a secure POS can offer a similar user experience to that of a smartphone or tablet. Google Mobile Services (GMS) offers full access to applications from the Google Play Store along with a host of Google applications including Search, Chrome, YouTube and Google Maps. This Android-based POS running GMS serves the growing demand from merchants who want to provide more services to their customers through a single device. GMS certification enables merchants to offer web browsing, online promotions and access to existing loyalty program apps, which can all work seamlessly together right out of the box.”
May 8, 2018
On the web
Square launches a service to run restaurant operations, and suddenly its ‘Caviar’ acquisition makes sense
CNBC
“Payments processor Square said Tuesday it is launching Square for Restaurants, a software platform for restaurant operations designed to bring more small businesses into the Square ecosystem. The software — which Square calls its most sophisticated software yet — ties together in one place all of a restaurant’s operations, from booking tables to managing the after-meal check.”
April 17, 2018
On the wires
Ingenico Group Reveals Versatile, All-in-One ECR for Small and Mid-Sized Retailers
“Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, today announced the launch of the Moby/C150 electronic cash register (ECR), an EMV pre-certified, full-featured Android-based tablet point of sale (POS) solution with a 15.6-inch display that is able to be customized for merchant business needs. Running on the Android Nougat operating system (OS), the Moby/C150 boasts a fully open architecture, offering ISVs and developers in the US the ability to customize it for the markets they serve. By leveraging the Moby/C150 coupled with Ingenico Group’s mPOS EMV SDK and EMV Gateway, ISVs and developers can achieve faster speed to market with an all-in-one tablet POS solution capable of accepting EMV chip & sign, magstripe and NFC/contactless payments.”
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