Point-of-sale

Grupo Coppel and Insikt, an online lender, would appear to be cut from different cloth, but they share an expertise in providing credit to working-class, largely Hispanic consumers. The retail conglomerate also operates 1,000 bank branches in Mexico, mixing banking and commerce in a way that U.S. regulators have not allowed.

The concept is designed to free up workers to produce food and serve customers instead of handling payments.

Airlink's knowledge of the local market and relationships with banks, acquirers and large merchants in region will help the Paris-based Ingenico grow in Taiwan and strengthen its position in Northeast Asia.

The collaboration gives Worldpay another e-commerce tool to battle Amazon's encroachment into traditional retail.

Innovative companies are working on ways to instantaneously convert cryptocurrency into the currency accepted by the merchant, writes Vladimir Gorbunov, COO and co-founder of Crypterium.

Tablet point of sale solutions provide mobile pay benefits while helping merchants provide new experiences for their customers, create additional touchpoints, and accept all forms of electronic payment, including magstripe, EMV and NFC/contactless writes Ben Wagner, director of solutions at Ingenico Group, North America.

Giving merchants direct access to third-party software isn’t new—First Data’s Clover unit introduced the concept three years ago—but Vantiv is giving its approach a custom-development spin with an app marketplace.

UL Transaction Security has teamed up with Zurich-based payment software engineering firm Abrantix to create a robot to automate the typically tedious, manual process of payment terminal testing.

It has now been two years since the EMV fraud liability shift took effect in the U.S. for most companies. This is enough time to evaluate the EMV migration's effect on fraud, and whether it can be blamed for anything happening in digital channels.

In an enclosed campus like a college or hospital, people are eager to simply pay for their food and get back to their business. But streamlining the payment process isn't always easy.

It has taken nearly two years since the EMV liability shift in the U.S., but restaurants are adapting to new point-of-sale technology that includes EMV and mobile capabilities.

Diminished returns from basic card breaches will turn crooks' attention to much larger and more dangerous attacks on entire payment systems, writes John Christly, global chief information security officer for Netsurion.

Snap Finance provides credit at the point of sale, primarily to consumers with bad credit.

Costco is testing self-checkout lanes at some of its U.S. stores as part of a push to speed up the brick-and-mortar shopping experience.

NCR Corp. has entered a strategic referral relationship with Performance Food Group Co. (PFG) to promote NCR’s payments services to hundreds of restaurants via the food service operator’s 36 national distribution centers.

Verifone will provide its full-scale payments-as-a-service platform to the Shufersal supermarket chain in Israel, allowing the stores to offer an omnichannel payment experience to customers.

An encrypted website and secure network aren’t very helpful when customers have been unknowingly routed to a criminal’s lookalike site, writes Simon Thorpe, director of product for Authy at Twilio.

The machine is among the more commonly pitched solutions for high-risk merchants that can't normally handle payment cards because banks won’t partner with them. But for dispensaries, they can be a hassle.

The cashless ATM is meant to make it easier for legal dispensaries and other high-risk stores to accept card payments. But for Alden Linn, owner of World of Weed, it became a hassle.

Vantiv, the largest U.S. merchant acquirer, agreed to buy the e-commerce payments company Worldpay Group for about £8 billion ($10.4 billion).