With Black Friday and the holiday season fast approaching, retailers are preparing for the expected deluge of customers. For these merchants, getting into the holiday spirit often means working to remove pain points that slow down checkout lines and getting customers hard-to-find or out-of-stock items...
Bank of America Merchant Services, the payments, eCommerce and security solutions company, announced Tuesday (October 30) that it and talech, a cloud-based restaurant management software company, are teaming up to roll out a point of sale solution for the full-service restaurant and bar industries. In...
Before 2009, when Square launched in the U.S., the world of payments wasn’t terribly friendly terrain for small and micro-businesses looking to accept credit cards. The process was convoluted, and the outcome was generally expensive for the merchant. That, as myPOS Executive Director of Strategy Irfan Rasmally told Karen...
In a sense, the ongoing battle for point-of-sale supremacy involves intimacy. Yes, intimacy. Maybe a diner prefers to have the waiter bring the payment terminal to the table instead of disappearing with the credit card and all of its sensitive data — still common in the...
Square is dealing with fallout from its CFO’s upcoming departure, with shares in the company falling again on Thursday (October 12). The day before, Square’s CEO Jack Dorsey revealed that Sarah Friar — often described as his right-hand person — was leaving the company to become the CEO of Nextdoor. That...
Smartphones make it easy for small merchants to accept card payments, but safety can be an issue. If merchants could securely accept PINs via mobile apps, they could replace weak, signature-based verification with more robust PIN-based verification. According to Payment Card Industry Data Security Standard’s...
It may not be much of a surprise to see a store clerk accept payment via smartphone, but recently, mPOS solutions are seeing increased implementation, beyond their traditional use by brick-and-mortar businesses. The flexibility, portability and business management features have seemingly made mPOS solutions attractive...
myPOS announced that it will open a store in Milan, Italy this week, its fourth brick-and-mortar location in Europe. This will be the company’s first location in Italy as it works to establish its physical presence in Europe. So far this year, myPOS has opened...
Chew on this: Food service businesses of all types demand fast and flexible payments, tackling issues as far flung as mobile order ahead and millennials. Tech and demographics are changing the way we eat. Matt Dye, director of business development at First American Payment Systems,...