On The Web

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Domains

Why American credit card companies can’t break into China

August 6 2018

• in
• POS
• Remote Commerce

“Right now, the market is completely dominated by China UnionPay, the state-owned bank card network founded in 2002. China UnionPay controls more than 90% of the market, Robertson said. Visa and Mastercard, meanwhile, can only issue co-branded cards, typically offered in partnership with UnionPay.”

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Domains

Retail: Scan & go checkout-free shopping comes to Sainsbury’s

August 14 2018

• in
• POS

“The retailer’s SmartShop app allows customers at its Clapham North station Local branch to use their smartphones to scan items as they pick them up and then pay for their goods using Apple Pay, by scanning a QR code at the store’s exit (meaning the trial is currently restricted to iPhone users).”

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Companies

Square CFO: ‘We think we can go to the biggest businesses in the world’

September 19 2018

• in
• POS
• Square

“Square Inc., the company once known for its small payment dongles, revealed big objectives at Recode’s Code Commerce event in New York on Tuesday. “We think we can go to the biggest businesses in the world,” Chief Financial Officer Sarah Friar said at the event. She explained that the company “doesn’t see a cap anymore” when […]

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Companies

The programmable point of sale

September 17 2018

• in
• POS
• Remote Commerce
• Stripe

“Stripe Terminal extends your online presence into the physical world. Enable in-person payments for any business model with pre-certified card readers, JavaScript and mobile SDKs, and cloud-based hardware management.”

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Domains

How Software Ate The Point Of Sale

July 30 2018

• in
• POS
• POS systems

“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 […]

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Companies

Stripe built a payments powerhouse by focusing on e-commerce. Now it’s following its customers into bricks and mortar.

September 17 2018

• in
• POS
• Remote Commerce
• Stripe

“The San Francisco-based upstart, founded in 2010 by brothers Patrick and John Collison, is hoping to make a big splash into brick-and-mortar retail next and is unveiling a new product called Stripe Terminal that it believes will take it there. The new offering, fueled by the acquisition earlier this year of a software startup called Index, […]

On The Wires

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Domains

POSaBIT Lands 9-Store Deal with Top Colorado Cannabis Retail Brand

August 14 2018

• in
• POS

“POSaBIT’s unique and innovative payments approach enables customers to acquire cryptocurrency through a dedicated console and spend it where the POSaBIT system is installed. Customers can also choose to spend their digital wallet in any retail environment that accepts cryptocurrency.”

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Companies

ADYEN REJUVENATES IN-STORE PAYMENT INTEGRATION WITH AN API POS SOLUTION POWERED BY NEXO STANDARDS

September 5 2018

• in
• Adyen
• POS

“Keen to offer merchants a modern way of connecting in-store terminal hardware to its single payment platform, Adyen assessed the nexo Retailer Protocol. This protocol defines a set of interfaces between a card payment application and a retail point of sale system, and Adyen quickly found it was able to accommodate merchants’ needs in a […]

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Companies

First Data Ships 1 Millionth Clover Device

September 17 2018

• in
• First Data
• POS

“Since First Data’s acquisition of Clover five years ago, Clover’s innovative approach to point-of-sale (POS) technology has transformed how business owners manage their business needs through cloud-based development tools, lower-cost software and a more robust set of tools to help them run their operations with added efficiency and productivity. Clover has become the number one […]

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Domains

Bluefin and SoftPoint Partner for Comprehensive PCI-Validated P2PE Solution for POS Systems

August 30 2018

• in
• POS

“Bluefin, the leader in payment security, today announced a partnership with SoftPoint, a leader in software and services for the hospitality industry, to provide Bluefin’s PCI-validated Point-to-Point Encryption (P2PE) solution through SoftPoint’s Datapoint mobile application.”