The days of the old-school cash register are numbered. They may even already be over. The final note on their obituary? It’s the fact that embedded financial services and point of sale (POS) solutions that span both online and offline transactions are transforming the way...
As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how merchants — both small and large — conduct transactions. A PYMNTS Intelligence report, “How SoftPOS...
Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and that it does not intend to disclose more information except as required by its regulatory obligations. “While it is the...
Payment service providers Nexi, Adyen and Stripe are enabling merchants in Italy to process payments using their iPhones. Nexi already offered business owners this option through the NexiSoftPOS application, Reuters said in a Wednesday (May 29) report. However, the app only worked on Android operating...
Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for...
British payments group Epos Now is running a private placement process to sell a minority stake in the business and bring on a strategic partner “for the next stage of growth.” The process will start after summer, Epos Now CEO Jacyn Heavens told PYMNTS in an email....
Terry O’Neil, head of connected commerce and strategic growth for Citi Retail Services at Citi, said that connected commerce needs to move quickly. In fact, it needs to move at the speed of retail, as merchants must onboard new payment methods and options to meet...
Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay offers a flat-rate point-of-sale (POS) technology for businesses that aims to make payments transparent and...
Tattle and Square have integrated to help sellers get a better sense of customer sentiment. The integration, announced Tuesday (April 25), pairs Tattle’s customer feedback management platform with Square’s point-of-sale solutions. “With Tattle, after a Square seller completes a sale, their customer will receive an...