Payments News

On The Web

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Tech

QR Codes Are Here to Stay. So Is the Tracking They Allow.

“QR codes — essentially a kind of bar code that allows transactions to be touchless — have emerged as a permanent tech fixture from the coronavirus pandemic. Restaurants have adopted them en masse, retailers including CVS and Foot Locker have added them to checkout registers, and marketers have splashed them all over retail packaging, direct […]
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Tech

Polish Mobile Payments Service Lets Users Make NFC Payments Direct From Bank Account

“Consumers in Poland will soon be able to use their Android NFC device to make tokenized contactless payments at the point of sale (POS) directly from their bank account via their mobile banking app without needing a debit or credit card. Polish mobile payments service provider Blik is making the contactless functionality available in the […]
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Tech

Walmart Is Testing an All-self-checkout Supercenter in Plano

“Walmart is testing an all-self-checkout Supercenter in Plano at one of its biggest local stores and one where growing families can easily pile high a grocery cart. It’s calling the process “hosted checkout” because employees are standing by to help if customers need it. Kroger has been testing all self-checkout at a small urban store […]
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Deals

Blockchain Audit Firm CertiK Raises $37 Million in Series B Funding

“The funding comes as the demand for blockchain and smart contracts audits is increasing in the wake of hacks and attacks in the decentralized finance (DeFi) space. According to The Block Research, nearly $500 million has been stolen and lost in DeFi attacks and scams in the last year and a half. CertiK audits codes […]
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Tech

Checkout-free Store’s Daily Customers Jump 250%

“A new autonomous convenience store in the Vantage Pointe luxury high-rise community in San Diego is off to a roaring start. Artificial intelligence (AI) and computer vision technology provider Accel Robotics opened Valet Market, a 1,500-sq.-ft. autonomous store within Brookfield’s Vantage Pointe in San Diego’s East Village, on Friday, June 11, 2021. In the first […]

On The Wires

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Tech

Afinis Interoperability Standards Releases New APIs to Help Businesses With Cash Management Decisions | Nacha

“Nacha’s Afinis Interoperability Standards announced today it has released three new APIs to assist corporate customers of financial institutions with accessing and reviewing their own financial transaction data to better help them with cash management analysis and informed decision-making. Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial […]
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Tech

7-Eleven Expands Mobile Checkout Feature to Thousands of US Stores

“Check this out. No, really. 7-Eleven, Inc. has expanded its new Mobile Checkout contactless shopping solution to an additional 2,500+ stores across the U.S. Using the 7-Eleven app, customers can quickly scan items and pay for purchases without ever standing in a checkout line. Mobile Checkout is now available in more than 3,000 participating 7-Eleven stores in 32 states […]
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Tech

Sam’s Club Evolves Its Scan & Go App, Merging Digital and Physical Experiences

“Sam’s Club is piloting new Scan & Go™ technology that explores an additional way to seamlessly get merchandise from a club location to a member’s front door. This pilot program, called Scan & Ship™, is integrated into the retailer’s popular Scan & Go feature within the Sam’s Club app and will allow members to place direct-to-home orders in […]
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Tech

LawPay Expands Legal Contactless Payments for Attorneys With QR Codes

“LawPay, the leading online payment solution for legal professionals, expanded its features to release QR codes for immediate use by attorneys to accept and receive payments. These new custom payment QR codes are available for use by all LawPay customers as an easy way for their clients to pay digitally by simply scanning the QR […]