Payments News

On The Web

nbsp;

Deals

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

“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.”
nbsp;

Deals

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

“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 […]
nbsp;

Deals

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

“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 […]
nbsp; nbsp;

Domains

Factor4, NCR Announce Partnership

“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

nbsp;

Domains

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

“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 […]
nbsp;

Domains

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

“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 […]
nbsp;

Domains

Epos Now Launches Major Push Into Nigeria

“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 […]
nbsp; nbsp;

Domains

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

“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 […]