On The Web

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Deals

CardFlight Extends Its Reach Via Global Payments, While Small Business Sales Rebound

April 7 2021

• in
• POS

“CardFlight Inc. has struck a deal with processor Global Payments Inc. that will see CardFlight’s SwipeSimple point-of-sale technology added to Global’s indirect sales channels. Atlanta-based Global says adding SwipeSimple to its wholesale product lineup will give its independent sales partners an omnichannel payment option. SwipeSimple supports contactless payments, EMV dipped, and magnetic-stripe transactions.”

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Deals

SumUp Raises $895M in Debt to Double Down on Its B2C Payments Business

March 16 2021

• in
• POS

“SumUp , a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up in a big way. Today it announced financing totalling €750 million (around $895 million at today’s rates), money that it will be using to continue […]

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Deals

WSJ News Exclusive | Restaurant-Software Provider Toast Prepares for IPO

February 22 2021

• in
• POS

“Toast Inc. is planning an initial public offering that could value the restaurant-software provider at around $20 billion, people familiar with the matter said. Toast tapped Goldman Sachs Group Inc. and JPMorgan Chase & Co. to underwrite a possible listing later this year, these people said. It could also consider other options including a sale […]

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Domains

Fully 30% of Retailers Plan POS Software Replacement in Next 12 Months, Report Finds

February 19 2021

• in
• POS

“As digital commerce sees greater consumer adoption, the impact is being felt at the point of sale. Retailers’ top priority for 2021 is to grow or enhance their digital-commerce efforts, with 85% citing this ambition in the 2021 POS & Customer Engagement Survey Report released this week by Retail Consulting Partners, a Boston-based firm.”

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Domains

Factor4, NCR Announce Partnership

January 29 2021

• in
• POS

“Factor4 LLC., a gift card and loyalty solutions provider and NCR Corp., an enterprise technology provider for the financial, retail and hospitality industries, have partnered together to integrate Factor4’s gift card programs with NCR’s Silver and Counterpoint POS solutions, according to a press release.”

On The Wires

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Domains

Toast Launches Enhanced Contactless Suite to Help Increase Restaurant Revenue and Support Restaurateurs in Reimagining Hospitality

April 13 2021

• in
• Contactless
• POS

“Toast , the fastest-growing restaurant management platform, today launched an enhanced suite of contactless and guest-facing solutions to help restaurateurs reimagine operations and reduce overhead as they rebound from the COVID-19 pandemic. Today, Toast debuted updates to its Toast Order & Pay™ solution, including pre-authorization tabs and group ordering. Designed to meet the ever-increasing demand […]

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Domains

Retail Realm Partners With Citcon to Bring a Variety of QR-Based Payment Solutions to Retailers

March 22 2021

• in
• POS

“Citcon , the leading mobile wallet payments company, and Retail Realm, a multinational Microsoft ISV specializing in payments, announced today that they have successfully integrated Citcon’s mobile wallet solutions. This update allows Microsoft Dynamics POS users to accept mobile wallets such as PayPal, Venmo, AliPay, etc. in stores and online. Citcon is a leading mobile […]

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Domains

Epos Now Launches Major Push Into Nigeria

March 11 2021

• in
• Nigeria
• POS

“Epos Now, a global software and payments technology company, supporting over 35,000 retail and hospitality locations across 71 countries, has launched its cloud point of sale (POS) solution in Nigeria , making its first entry into the African market…Nigeria has been chosen as the launchpad for Epos Now’s entry into Africa due to its status as a rapidly expanding market […]

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Domains

POSaBIT Launches ACH Cannabis Payments for Delivery & In-Store

February 9 2021

• in
• Cannabis payments
• POS

“POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for cash-only businesses with a focus on those within the cannabis industry, has launched a dynamic, multifaceted ACH payment platform.”

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Domains

Lightspeed Revolutionizes Supply Chain of Independent Retailers With Launch of Supplier Network

January 12 2021

• in
• POS

“Lightspeed (NYSE: LSPD ) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the initial availability of the Lightspeed Supplier Network for North American retailers. The launch of the fully integrated stock ordering solution transforms supply chain management for SMBs, democratizing access to the strategic inventory visibility once reserved predominantly for enterprise […]