On The Web

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Domains

EMVCo to Support Eight-digit Issuer Identification Numbers From 2021

August 15 2019

• in
• POS

“EMVCo is to add support for eight-digit Issuer Identification Numbers (IINs) in 2021, with the result that “point of sale terminals may need to be updated to ensure they recognise and have the ability to process both existing and longer IINs, or transactions may be terminated or processed incorrectly”.”

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Domains

Unified Cashless Payment System Rolled Out at 500 Hawker Stalls Across Singapore

July 2 2019

• in
• POS

“The solution, provided for by Nets , unifies payments from 23 providers, so dining customers can use different cashless payment options at a single payment terminal at a food outlet. This also saves hawkers the hassle of dealing with multiple e-payment firms. These include e-wallets like Singtel Dash and GrabPay, transport cards EZ-Link and Nets […]

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Domains

Stripe Says Its POS Software Is Now Available for Apps And Devices

June 12 2019

• in
• Payment service provider
• POS

“Online-payments provider Stripe Inc. made good on its promise to offer its processing software to in-store merchants with the release Wednesday of a slew of software and two pre-certified devices. Founded in 2011 as an online payments company, San Francisco-based Stripe announced in September it would add in-store payment acceptance. At that time, Stripe said […]

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Deals

Lightspeed to Acquire Germany’s Gastrofix to Snag More European Customers

January 9 2020

• in
• POS

“The purchase will allow Lightspeed to obtain more than 8,000 of Gastrofix’s European customer locations, expand to key regions across Europe, and solidify a stronger presence in Germany, Austria, and Norway. A spokesperson for Lightspeed told BetaKit that all Gastrofix’s team will be joining Lightspeed under the terms of the acquisition, as Lightspeed takes over […]

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Domains

U.S. Merchants Enabled 600,000 New Locations for Chip Card Acceptance in 2019’s First Half

September 4 2019

• in
• POS

“U.S. merchants added 600,000 locations for EMV chip card acceptance in 2019’s first six months, and Visa issuers cranked out an additional 10 million EMV payment cards, according to new figures from Visa Inc. In its latest update on the U.S. conversion from magnetic-stripe payment cards to the EMV chip card standard, Visa reported Wednesday […]

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Companies

Amazon Will Launch New Grocery Store As Alternative to Whole Foods

November 11 2019

• in
• Amazon
• POS

“Amazon on Monday said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger name in food. “Amazon is opening a grocery store in Woodland Hills in 2020,” an Amazon spokesperson confirmed to CNET on Monday morning, soon after […]

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Domains

POS Providers Invite Developers To Attract More Merchants

September 16 2019

• in
• ISVs
• Payment service provider
• POS

“As integrated payments continue to garner more interest from payments companies amid increasing merchant demand, two point-of-sale system providers are making it easier for developers to create software programs for merchants.  Revel Systems Inc. last week launched Revel Integrated , a program that offers developer tools and infrastructure to integrate their work into the Revel […]

On The Wires

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Domains

Pundi X Successfully Completed Its Integration Support for Verifone X990 to Enable Crypto Payments in Traditional POS Terminals

July 15 2019

• in
• POS

“Through the XPOS module installed, the Verifone X990 will function just like the XPOS, as all of its features will be installed in the traditional terminals. Consumers with Pundi XPASS cards or the XWallet app will be able to transact with retailers using the X990 just as they would with XPOS partner merchants. The XPOS […]

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Companies

Uber Eats Partners With Olo to Simplify Third-Party Delivery for Thousands of Restaurants

June 26 2019

• in
• POS
• Uber

“Uber Eats today announced it has partnered with Olo , the leading digital food ordering platform for the restaurant industry, to integrate directly into the point-of-sale (POS) of leading restaurant brands via Olo Rails. An important distinction for restaurant brands, this partnership allows orders placed by consumers on the Uber Eats website or app to […]

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Deals

U.S. Bank Acquires talech, Gains Digital Capabilities As It Transforms Its Business for the Future

September 9 2019

• in
• POS

“U.S. Bank has acquired talech, a Palo Alto-based software company that helps small and medium-sized businesses simplify operations and make better decisions through an integrated point-of-sale system. This acquisition is one of the many ways U.S. Bank is increasing its digital expertise to provide value when and where customers interact with technology.”