Payments News

On The Web

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Domains

COVID-19 Is Changing Consumer Behavior At The Point-Of-Sale

“…These developments, paired with growing concerns about physical contact and contagions, have helped drive a noticeable decline in cash utilization, according to a Q3 2020 US consumer survey fielded by 451 Research, which is part of S&P Global Market Intelligence. The survey revealed that more than two in five consumers are using cash less often […]
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Deals

SpotOn Raises $60M Series C To Support SMB Growth

“SpotOn Transact , a software and payments company for small and medium-sized businesses, secured $60 million in Series C funding just six months after announcing its $50 million Series B investment…SpotOn focuses on the retail, services and restaurant industries. These were some of the hardest hit sectors of the COVID-19 pandemic and led many to […]

On The Wires

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Companies

Square announces Terminal API at Unboxed 2020 Conference

“Today, at Square’s fourth annual partner and developer conference, Square Unboxed , the company announced the general availability of its newest developer tool: Terminal API. The new API enables developers to connect Square Terminal , an all-in-one card payments device, to their POS, ERP, or practice management system, regardless of the platform or operating systems […]
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Domains

DAVO Partners with Heartland to Eliminate Sales Tax Headaches

“DAVO Technologies now offers its popular automated sales tax service on the fast-growing Heartland Restaurant point-of-sale platform. With DAVO Sales Tax, Heartland Restaurant customers have their sales taxes automatically set aside for them daily, then filed and paid to the state when due every month or quarter. This helps restaurants avoid the hassle of sales […]
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Domains

Modernizing Medicine Selects Adyen to Incorporate Payments into Healthcare Platform

“Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Modernizing Medicine Retail Solutions, Inc., to offer point-of-sale (POS) and online payments on its platform, known as modmed® Pay. The Modernizing Medicine ® group of companies is a health information technology leader […]
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Domains

Verifone Acquires 2Checkout

“We are thrilled to announce that 2Checkout has been acquired by Verifone , a leading global provider of payment and commerce solutions. Both 2Checkout and Verifone share a vision to simplify modern commerce and enable frictionless experiences that enable companies to optimize their business performance. More than 14 years ago, 2Checkout embarked on a journey […]
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Domains

India’s Largest Bank Modernizes its Payment Switching System with ACI Worldwide Technology

“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions , has modernized payments infrastructure for ATM and point-of-sale (POS) at State Bank of India (SBI), the country’s largest bank with more than 440 million account holders. SBI is India’s largest public sector bank, with a network of more than […]